Cedar has thought leadership in the area of strategy formulation and deployment using the Balanced Scorecard framework. Cedar’s heritage includes being part of the former Renaissance Worldwide, whose leadership included the creators of the Balanced Scorecard - the world's leading strategy deployment and performance management system. Globally, less than 10% of strategies formulated are effectively executed. The challenge most companies face is to have a robust and balanced strategic management system. The Balanced Scorecard operationalizes the vision and creates a system of linked Objectives, Measures, Targets, and Initiatives to help companies effectively deploy their strategy. The Scorecard can be cascaded down into the divisions at operational levels to create an Enterprisewide Performance Management System. Cedar has completed over 250 Balanced Scorecard projects across industry sectors, thus deepening its Scorecard knowledge in addition to integrating sector knowledge into scorecard designs. In addition, Cedar has been driving innovation in this area by designing next generation scorecards that is enabling clients to drive balanced scorecard implementation and strategy execution to the next level of sophistication.