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Published by: Harvard Business Publishing
Published in: "Balanced Scorecard Report", 2008
Length: 5 pages

Abstract

How do you shift from a fire-engine-response mentality to one of continuous improvement? For Public Service Electric & Gas, the 105-year-old New Jersey-based utility, this was no small feat. Prior success with the BSC convinced then-new President Ralph Izzo to adopt the BSC company-wide. Well defined performance drivers and measures, a deep benchmarking effort, and a well-rounded program of incentives, initiatives, and reviews have won PSE&G across-the-board breakthrough results-and a place in the BSC Hall of Fame.

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Abstract

How do you shift from a fire-engine-response mentality to one of continuous improvement? For Public Service Electric & Gas, the 105-year-old New Jersey-based utility, this was no small feat. Prior success with the BSC convinced then-new President Ralph Izzo to adopt the BSC company-wide. Well defined performance drivers and measures, a deep benchmarking effort, and a well-rounded program of incentives, initiatives, and reviews have won PSE&G across-the-board breakthrough results-and a place in the BSC Hall of Fame.

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