Read below as Paul explains the difference between OKRs and Balanced Scorecard during an interview with Perdoo, an OKR software solution.
“The Balanced Scorecard has a 20-year history as a strategic management framework used by companies across the world. While it’s still a popular framework, the Balanced Scorecard has faced competition from other frameworks in recent years. Widely regarded as Silicon Valley’s secret weapon for achieving business goals, OKR (Objectives & Key Results) has risen to prominence over the last 10 years and has been linked to some of the Valley’s biggest successes.”