Phl Army receives Palladium Balanced Scorecard Hall of Fame Award
The Philippine Army received the Palladium Balanced Scorecard Hall of Fame Award for executing strategy in London, United Kingdom on March 14, 2018.
Philippine Army Commanding General Rolando Joselito Bautista in his acceptance speech said, “we strived hard to qualify for the attainment of the Palladium Balanced Scorecard Hall of Fame Award, the gold standard of strategic performance management in keeping with our vision of becoming a world class army by 2028 that will be a source of pride not only for our soldiers but for the entire country.”
Bautista was accompanied by the Chief of the Army governance and strategy management office, Col. Joel Paloma, as the Philippine Army was awarded at the Reimagine Strategy: Palladium Positive Impact Summit 2018 in London. The coveted award was bestowed by the co-creator of the Balanced Scorecard, and Harvard Business School professor emeritus, Dr. Robert Kaplan (in photo) last Wednesday at Fort Bonifacio, Metro Manila.
The Philippine Army’s Transformation Roadmap strategy was implemented in 2010. This was anchored on Dr. Kaplan and Norton’s strategy management system, known locally as the Performance Governance System (PGS).
This genuine transformation strategy has enabled the army to gain numerous awards of recognition such as: the PGS Institutionalized Status in 2014, and the Islands of Good Governance in 2015. The Philippine Army recently passed the on site evaluation process, conducted on Jan. 22-24, 2018, by David McMillan, director of the office of strategy management of the Palladium Group.
The Palladium Balanced Scorecard Hall of Fame Award for executing strategy is regarded as the gold standard for strategic performance management, and recognizes organizations that have successfully executed their strategies and achieved breakthrough results through the use of the Kaplan and Norton strategy management system. Over 200 organizations have been inducted world-wide since its establishment in 2000.
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