Examining Company before BSC - Attributes that can be incorporated in a corporate value system.

• Teams. Group effort is the major strategy used for working in an organization. This is both desired and needed because projects can not be done by an individual; therefore a group attempt is wanted. A team which has members who understand each other’s point of view can take the organization a long way.
• Communication. There should be a continuous flow of information from all the levels in clear and complete way.
• Risk. ‘No gain without Pain’ holds well here as only when you are ready to put at stake your assets that you can what is desired. This encourages creativity in the approach that is adopted.
• Empowerment. A suitable mix of responsibility and authority should be made for every position holder. An imbalanced situation in this sense leads to dissatisfaction among the employees, thereby causing a decrease in the efficiency and output generated.
• Support. Good ideas should be supported by providing the needed resources. Also, the behavior that goes against the value system is to be condemned. Whoever brings it to notice should be supported wholly.
• Alignment. The departmental or individual goals have to be in line with the organizational goals. This would keep the moves of the organization focused and avoid the drifting from the aim.
• Stimuli. Sometimes, capabilities like creativity and innovativeness do not come by themselves but have to be triggered. This is possible if a suitable environment is provided. Changes with something ‘out of the box solutions’ should be promoted.

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Summary: This part of the Balanced Scorecard Toolkit is a guide on how to examine company before Balanced Scorecard implementation in order to collect necessary data for future Balanced Scorecard Design and Implementation.