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Business Scorecards Have a Blindspot

Business scorecards are magnificent management tools. And with modern desktop technology, they can be quickly and easily generated.

But they have a blindspot. They can only anticipate the future by making straightline projections of the past.

This means that they are therefore blind to the future. Oh, they can project the future, to be sure. But only by making straightline projections of the past.

After all, the past is the only data they have to go on. They cannot look ahead to see how emerging trends, technology, and changes in the competitive landscape will impact a company.

This episode explores a four-dimension mechanism for avoiding the lurking pitfalls in that blindspot.