Palladium's Managing Director and CMO sent out a note this morning exploring Cari Tuna's article in today's Wall Street Journal. An article in today's Wall Street Journal, "Executives Shift to Survival Mode," reports that The Conference Board has reconfirmed that executing strategy remains the number one issue facing executives worldwide. Palladium's value proposition addresses this issue directly, now prominently featured in the banner at the top of our home page:
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The ESM team is pleased to officially announce the forthcoming ESM 5.0 Beta release in Q1 2009. Thank you to all the past and present clients over the past 8 years for your feedback on how to make the ESM as user friendly and effective as a meeting mangement solution as possible.
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Palladium Group, Inc., the global market leader in helping organizations execute their strategies, today named four organizations to the Palladium Balanced Scorecard Hall of Fame for Executing Strategy™ for achieving an execution premium. The awards were presented today at the 2008 Palladium North American Summit in San Diego, California to officials of the Army & Air Force Exchange Service; the City
of Corpus Christi, Texas; New Brunswick Power Group; and Weichert Relocation Resources,Inc.
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Posted At : November 8, 2008 12:53 PM | Posted By : Rick Birch
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Balanced Scorecard
Record Attendance at Palladium Group's 11th Annual North American Summit Indicates Strategy Execution High Priority Among Global Executives Palladium Group, Inc., the global
market leader in helping organizations execute their strategies, today announced the successful
completion and new attendance record of its annual North American Summit: Achieving the
Execution Premium: Linking Strategy to Operations held November 3-6, 2008 in San Diego, Calif.
Winners of the Palladium Balanced Scorecard Hall of Fame for Executing Strategy TM were honored
among some 400 executives, brought together to learn how to more effectively link strategy and
operations to achieve an execution premium.
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Posted At : October 30, 2008 1:43 PM | Posted By : Mike Purrington
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Competitive Advantage
Independent research shows Balanced Scorecard users achieve superior shareholder returns (execution premiums) over non-users. http://www.thepalladiumgroup.com/KnowledgeObjectRepository/PR_BSCStudy_10_30_08.pdf
In a recent article in McKinsey Quarterly (Sept 2008) they wrote about managing IT during a downturn. They stressed the importance of not making across the board cuts, but that it was now more important than ever to look at IT's role in the business and be more strategic (read selective) in what investments and reductions are made. Our strategy maps, scorecards, and initiative management processes and practices can help companies navigate these treacherous waters in a resource constrained world. We should listen for these cues during our client and prospect conversations and think about how we can help them make better decisions that will address short term issues, yet still position our clients for longer term success when things turn positive. Remember those who make the better decisions now will do better (survive longer) and be positioned for the next upturn in the economny.
Did you know that the ESM can automatically evaluate the performance of your measures?
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Market value, book to market and net assets were key measures in this study, put out by Elsevier's "Advances in Accounting, incorporating Advances in International Accounting" and written by Philip Reckers and J. Timothy Sale.
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Posted At : October 21, 2008 3:09 PM | Posted By : Kent Smack
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Client Success
I'm in a beautiful hotel in Bahrain as I write this entry. My window views span across downtown Bahrain and I can't miss the classic sky scraper icons Bahrain is known for. The energy here is incredible. I believe this energy is pervasive throughout many of the countries in this region. I sense the energy when working with clients. There is a strong desire to advance, build upon their success and work towards excellence in strategy execution. The organizations I am working with pick up the ESM and become "experts" within hours and are ready to deploy the same training within 2 days. There is a genuine desire to raise the bar in their organizations. This is why I believe the ESM is so successful in the Middle East.
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The ESM is the only application that has the core meeting view interface to present the right level of strategic information to leadership. At the end of the day effective strategic decision making is at the heart of what organizations are trying to achieve. In our new 5.0 release, we are really expanding on the features of Meeting View and making the entire application just as meeting friendly. Although the release dates have yet to be finalized, expect a beta version of ESM 5.0 late this year and the full release in early 2009. Find a partial list of the new 5.0 enhancements after the jump.
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