Strategic map: what is it and how to make one?

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A business's strategic map is responsible for summarizing the important performance measures of an organization. It is basically a representation of your company's strategic planning .

This tool is part of the Balanced Scorecard (BSC) methodology, which was developed by Harvard Business School professors in 1992, when they perceived the need for a more innovative model of business evaluation and performance.

The main purpose of a document like this is to illustrate how each austria phone data area is responsible for achieving certain company objectives, so that the entire team can visualize its role within the corporation in an integrated manner.

This tool is very effective because it brings together three of the main elements of good management: focus, synergy and control.

It is also through the strategic map that companies such as Volkswagen and the Federal Justice have managed to achieve important results in the management field.

Check out the main steps below to help you build a strategy map in a practical way!