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What can the Balanced Scorecard Enable an Organisation to do?

Andrew J Smart March 24, 2011

· Define strategic objectives and map these using a strategy map

· Develop clarity around the organizational strategic objectives

· Define a set of Key Performance Indicators (KPIs) for each objective

· Align the organisational change agenda to deliver the objectives via initiatives and actions

· Encourage the right performance culture using the RACI model to define ownership and governance

· Enable Theme-based management

· Automate performance dashboards and reporting, while enabling advanced analytics

· Encourage a collaborative approach to delivering performance via commentary, alerts and other web 2.0 collaboration capabilities

StratexSystems

Enterprise Governance, Risk and Compliance Software

We are one of the only software companies in the world to provide an integrated, Risk-based Performance solution powered by Microsoft's SharePoint platform.

Our goal is simple – to help businesses execute strategy while operating within their acceptable level of risk exposure.

Very few organisations are capable of obtaining a single enterprise-wide view of their performance and risk management information. Instead the tendency is to employ multiple tools that operate in silos; rarely communicate with one another; provide conflicting information; and contribute to poor decision-making.

We believe performance and risk are essentially different sides of the same coin. To effectively manage either, they must be managed as an integrated process with a single, integrated solution. StratexSystems provides that solution.

StratexSystems | 156 Blackfriars Road, London, SE1 8EN