Balanced Scorecard Designer

Business & Finance Software > Business Management

Transform Strategy into Action

How many times has your company or department come up with great ideas that sound great in the meeting room, but then languish and die when no one carries them through to execution? What you need is a formulated set of principles that converts strategy into actual action, a method that empowers everyone in the room with the ability to truly understand and work towards achieving your company goals.

The concepts of Balanced Scorecard are equally applicable to entire companies, departments, and even individual workers. By drawing focus down to four core perspectives - Customer, Financial, Internal Business, and Learning - and channeling goals into these areas, Balanced Scorecard helps transform strategy into action.

The term "balanced" in Balanced Scorecard means making sure that the importance of every perspective is determined and weighed in the overall consideration of strategy, vision, and mission goals.

Using Balanced Scorecard Designer, you can quickly build 'scorecards' that help you to visualize your strategy tree. Add goals and categories easily, and assign relative weights to each, adjusting them until your scorecard is balanced. You can even use Balanced Scorecard Designer to link several different scorecards together (such as those of managers and their employees). Performance indicators show you how well you're doing chronologically, as well as in chart form, an essential factor in deciding when to make course corrections. Strategy maps allow you to examine your scorecard in an intuitive, visual manner.

Your scorecards can be exported in the form of HTML reports, or as Microsoft Excel spreadsheets. Even better, Balanced Scorecard Designer lets you place SQL indicators, allowing you to integrate your balanced scorecard with ERP, CRM or other business systems!

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