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Align corporate strategy and operations to manage business performance
Each company has a clear vision of how, what and where it wants to be in the future. MIS Balanced Scorecard translates this vision and strategy into specific goals and outlines the planned measures to achieve them. Since the software helps manage and measure business goals, managers can continually monitor their progress and immediately implement new initiatives if action is necessary. The experience gained in the process flows back into the scorecarding cycle to shape future strategy.
Why MIS Balanced Scorecard?
Clearer communication company-wide - Although driven from the top down, the balanced scorecard strives to integrate operational-level employees as stakeholders in executing corporate goals and strategy. Creating and communicating a common understanding of the strategic direction throughout the organisation, therefore, is central in this approach.
Go beyond the numbers - In addition to financial metrics, a balanced scorecard approach explores customers, employees, processes and other qualitative perspectives to create a well-rounded picture of your business activities.
Key features:
Tried and true methodologies - MIS Balanced Scorecard combines the management as well as technological expertise needed to drive your corporate strategy. This best-of-breed solution integrates methodological and business concepts used in multiple Horvath & Partners scorecarding projects. The underlying technology is flexible enough to adapt to a company's unique and changing business requirements.
Visualising relationships - Strategy maps in MIS Balanced Scorecard show the current status of the strategy implementation as well as possible cause/effect relationships among the measures. This view provides an optimal starting point for management discussions and analysis.
The truth lies in the details - MIS Balanced Scorecard helps break down and execute strategy-driving activities on various levels within the organisation. Users can replicate these structures in MIS Balanced Scorecard or create individual scorecards reflecting the individual perspectives and measures for associated companies, segments or even departments. These, in turn, automatically roll up into the corporate module, creating a comprehensive group view.
>> back to the Corporate Performance page
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