We have received
several queries about describing the major difference between
balanced scorecard and Ripose.
Balanced scorecard was developed by a Harvard Business School accounting
professor back in 1985.
Balanced scorecard uses a software product to store the
findings of a balanced scorecard exercise.
Analysis of balanced
From our research, balanced scorecard is an adaptation of management by objectives but
with a major focus on four perspectives.
The balanced scorecard
technique has these steps:
- Customise the four perspectives
- Business objectives
- Brainstorm & clarify the business
objectives supporting each perspective
- Brainstorm, clarify & prioritise the relevant strategies for each
- Brainstorm & clarify the relevant explicit data / knowledge /
information for each strategy
- Brainstorm &
clarify the relevant measures for each
objective, and create a graphical
representation of the figures
- Identify redundant
strategies & integrate
- Integrate the data
/ knowledge / information, creating a single knowledge repository
Ripose was first blueprinted in 1982.
It has its
origins in information engineering, business process re-engineering, structured
analysis, object orientation and software engineering and was developed over a
15 year period.
Ripose uses a software
product to store the explicit knowledge and assist with the delivery of quality
Analysis of Ripose
provides two generic structures, one supporting the business objectives, and the
other the business knowledge classes.
Ripose technique has these steps:
- Clarify business
objectives as follows:
- Using the generic
22 fundamental knowledge classes, expand and clarify the explicit knowledge required to support
each of the
measures / key performance indicators / key issues
- Using the results from step 2, identify and clarify the following (with
These steps will take close to 100 days to complete and costs
depend on the rates of the organisation's practitioners.
Costs could range from
$350,000 to over $1 million
The time and costs to
complete these Ripose Technique steps will depend on the size of the business. A more accurate
fixed price arrangement will be prepared prior to commencing your project.
Indicative time and costs.
||1 - 2
||$20k - $110k
||3 - 5
the major difference between Ripose and the balanced scorecard approach is
will save an organisation both time and money.