How to Create a Strategy Map

Balancing financial and performance measures with objectives

This tutorial shows how to generate a strategy map with your tailored data in three ways: 1) using an Excel sheet and uploading the data in a visualization template, 2) entering the data in the Data Manager and using a visualization template, and 3) clicking predefined options in the Workplace to tailor the strategy map template in the Viewer.

Strategy Mapping Example

Below is a screenshot of a Strategy Map example with a Balanced Scorecard you can create on the Dragon1 platform.

How to Create a Strategy Map.

Strategy Map - Problems and Use Cases

Strategy Maps and Balanced Scorecards are diagrams and dashboards of essential value.

Especially for your AI strategy, Cloud strategy, or Legacy Replacement strategy.

As a CEO, CFO, and CEO, you do not want to lose any time.

Artificial Intelligence (AI) is one of the most important new technologies that help companies innovate, transform, and compete.

So as a C-level officer, you want to implement and execute your AI strategy ASAP!

In practice, we see that most companies do not have an AI strategy documented or a strategy map at all visualized.

Visualization of the strategy improves and speeds up the discussion and execution of the strategy.

Use this data visualization template to:

• Visualize the current and future state of the strategy, such as the AI strategy.
• Understand and communicate the issues of the AI or cloud strategy of the organization.
• Get a dashboard to manage the transformation or implementation of the strategy.

Why Creating a Strategy Map

A Strategy Map with Balanced Scorecard (BSC) is a framework for implementing and managing enterprise strategy.

The strategic map/diagram links identity, mission, and vision to strategic objectives, measures, targets, and initiatives.

The diagram balances financial and performance measures with objectives from all parts of the organization. It is a tool to improve enterprise performance.

The strategies can also be determined for the enterprise architecture as well as for the business architecture and its business structure and domains.

Strategy Mapping Example

Below is a screenshot of a Strategy Map example with a Balanced Scorecard you can create on the Dragon1 platform.

How to Create a Strategy Map with Balanced Scorecard.

This visualization shows three parts:

• Strategic Direction
• Objectives Hierarchy
• Measurables

Together, this data makes up a model of the strategy.

Strategy Entity Classes

Enter the following type of data in the folders:

• 1 Identity
• 1 Mission
• 3 Strategic Priorities
• 3 Strategic Results
• 3 to 10 Financial Objectives
• 3 to 10 Customer Objectives
• 3 to 10 Internal Processes Objectives
• 3 to 10 Organizational Capacity Objectives
• Financial Measures, Target, and Initiatives
• Customer Measures, Target, and Initiatives
• Internal Processes Measures, Target, and Initiatives
• Organizational Capacity Measures, Target, and Initiatives
• 5 to 7 Values