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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 alternative approach to the balanced scorecard


Addressing Strategy Management and the Balanced Scorecard
Organizations often see a significant gap between their strategic plans and their ability to execute them, and many try to implement scorecards to solve

alternative approach to the balanced scorecard  within the organizational structure. Alternative Approach to the Balanced Scorecard Extensity MPC is flexible in that it allows you to approach the Balanced Scorecard from a number of directions. Consider, for example, an organization that wants to use the Balanced Scorecard as the mechanism for displaying performance to the different stakeholders within the organization. They may want to use the financial perspective to display to shareholders how well the company is doing; the customer perspective to

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Product Development and Portfolio Management

The Product Development and Portfolio Management Knowledge Base covers the execution processes of new product development projects and programs, including phase-gate processes. It also addresses Product Portfolio Management (PPM), including the evaluation processes of new and existing products and product portfolios to provide the most valuable, balanced, and well aligned portfolio of products.  

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Documents related to » alternative approach to the balanced scorecard

Planning and Forecasting: Use Continuous Planning and Rolling Forecasts to Support Adaptive Management


Change may be the only constant in business. But why do so many companies lock themselves into a rigid system of annual plans, budgets, and targets that make rapid response to changing markets—and increasing competition—difficult, if not impossible? Discover how you can replace tedious annual planning cycles with regular business performance reviews and rolling forecasts, for more informed and accurate decision making.

alternative approach to the balanced scorecard  devise, compare, and assess alternative business scenarios. Such systems allow teams to build models in days rather than months. Data definitions can be imported from other sources like ERP and general ledger systems. They also enable crossfunctional models to be built. Most organizations suffer because they can’t access the data they need quickly enough. Adaptive organizations use proprietary calculation engines that enable them to evaluate models and test assumptions in minutes. They avoid Read More

6 Steps for Linking Corporate Strategy to the Budget


Ask any three people in an organization why they budget and you’ll get three different answers. But no one says they budget in order to direct the way in which their organization will achieve its strategic goals—the intended purpose of the budget. For budgeting to become the relevant process it was meant to be, this gap must be fixed.

alternative approach to the balanced scorecard  support those decisions. What alternative plans are there for overcoming the biggest risks? The organization may need to create an alternate version of the complete tactical plan. Step 6: Check the Plan for Completeness and Finalize It The last step is to come to agreement on the amended tactics and the costs/revenues assigned to each activity. Once completed, the plan can now serve as the starting point for a more detailed budget breakdown, if required. The high-level costs and revenues from the plan Read More

The Renewed Finance Function: Extending Performance Management Beyond Finance


The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives.

alternative approach to the balanced scorecard  channel or could be alternative sales. It could be different ways of structuring your business to get to the desired target. The maturing gaming industry provides a case study. Because the industry is crowded with casinos, gaming companies are beginning to look elsewhere for growth, cash flow, and profits. For instance, rather than using any available real estate to build casinos, companies such as MGM Mirage are experimenting with other value-creation models. So there's an option analysis, I guess you Read More

APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 4


Part 1 of this series talked about my attendance of the APICS 2009 international conference in Toronto (Canada) in early October. I attended only a few education sessions, and my conference visit focused more on exploring the expo floor and talking to the exhibitors. My overwhelming impression from the conference's expo floor was that its main value proposition this year revolved around the

alternative approach to the balanced scorecard  evaluation and selection of alternative scenarios (a what-if analysis). Marrying the S&OP Process (Consulting) and Technology Although S&OP is an operational effort, it can be significantly streamlined through the use of technology. Traditional S&OP consultants like the Oliver Wight Group are thus jumping onto the IT bandwagon. Oliver Wight is currently partnering with JDA, and the company partnered with Demand Solutions and Logility long ago. JDA provides strategic consulting services for its customers Read More

Connect the Dots: Simplifying the Online Ad Business


Over the past few years, the online advertising space has become crowded and very complex, and more technologically driven middle-men have acquired increasingly large shares of the overall online revenue. Traditional publishers have been at a disadvantage and struggling to regain control over their online ad business. In this white paper, we propose a solution that straddles the whole value chain through a suite of previously unconnected technologies. By connecting all these dots, publishers are empowered to effectively create and use behavioral data patterns of their visitors, and sell advertisement with exclusive access to different types of audiences--thus returning to a more profitable business model of advertising in media.

alternative approach to the balanced scorecard  publishing,advertising,analytics,context-aware,adserver,monetization Read More

The Role of the Wholesale Distributor in the Supply Chain


The future of wholesale distribution isn't entirely clear, says Robert Eastman, senior analyst, supply chain management, Technology Evaluation Centers. However, distributors will continue to be a vital part of the economy. Robert Eastman was interviewed by SupplyChainBrain at the TEC Vendor Challenge in September 2013.

alternative approach to the balanced scorecard  wholesale distribution,supply chain management,disintermediation,TEC Vendor Challenge,operational effectiveness Read More

The Power of Cloud ERP on the Food Processing Plant Floor


For food processing companies, a comprehensive enterprise resource planning (ERP) solution offers a clear view of what is happening on the plant floor so they can track complete genealogies. Real-time data and flexible barcode functions enable efficiencies and productivity improvements. Download this white paper to learn more about the value of using a cloud/software-as-a-service (SaaS) ERP system on the food processing plant floor.

alternative approach to the balanced scorecard  erp on the food processing plant floor,what is erp,erp for,the erp,erp and,what is a erp system,what is an erp system,what is erp system,resource planning,software for erp,erp software,what is erp software,food industry companies,resources planning,erp software system Read More

The State of the Art in Finance


Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.

alternative approach to the balanced scorecard  State of the Art in Finance The State of the Art in Finance If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Efficient finance operations provide the foundation for financial excellence. Without effective and streamlined financial business processes that enable you to reduce costs and resource demands, it's difficult to achieve the more advanced objectives of your enterprise. Source : SAP Resources Related to State of the Art in Read More

ILM for the Enterprise: The Benefits of a Unified Approach


Information lifecycle management (ILM) is rapidly gaining acceptance as a process crucial to the success of many IT initiatives. The reason for this is the importance of managing data. With the growing demand for ILM comes a variety of solutions that follow a disjointed, point product approach. By choosing an ILM software designed to scale to its needs, a business can benefit from software built on a unified platform.

alternative approach to the balanced scorecard  for the Enterprise: The Benefits of a Unified Approach Information lifecycle management (ILM) is rapidly gaining acceptance as a process crucial to the success of many IT initiatives. The reason for this is the importance of managing data. With the growing demand for ILM comes a variety of solutions that follow a disjointed, point product approach. By choosing an ILM software designed to scale to its needs, a business can benefit from software built on a unified platform. Read More

The Benefits of Running Your Business Software in the Cloud: Strategies for Success


With the growth of cloud computing, businesses must understand their application footprint, how applications and business processes cross departments and lines of business, and how to optimize their applications architecture around collaboration and process. This white paper shows how businesses can position themselves for cost-effective growth and improved competitiveness by combining an integration applications strategy with cloud delivery.

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The Changing Role of the CIO


No department within an organization has undergone such a profound change as that of IT. The platforms used to deliver IT products and services, the tools of the trade and skillsets required to do the job have changed. On top of all that, the IT function is now being integrated into the company’s other operations and is expected to operate as a business within a business. Overseeing this sea change is the CIO. This paper examines how the role of the CIO has been evolving to meet today’s new world of IT.

alternative approach to the balanced scorecard  IT, CIO role, Jim Zimmermann, Skillsoft, IT landscape, IT department Read More

Building the Supply Chain of the Future


In today’s transformed business world, the push-based manufacturing philosophy and the siloed planning processes of the past are proving insufficient to manage ongoing demand volatility. Supply chain leaders have moved to a push/pull-based planning paradigm that synchronizes the supply chain with real-world market demand—while also respecting asset utilization, production cost, and other operational constraints. Read more.

alternative approach to the balanced scorecard  supply chain management,scm,global scm,global supply chain management,supply chain management review,supply chain management software,global supply chain,what is supply chain management,supply chain logistics management,supply chain management certification,software supply chain management,supply chain,logistics supply chain management,value chain management,supply chain managment Read More

The Impact of the New FRCP Amendments on Your Business


With the recent amendments made to the Federal Rules of Civil Procedure (FRCP), businesses must take a closer look at how they manage their electronic data. Recent studies have shown that many companies are not prepared for how these changes will affect their business. To improve their governance procedures to meet these new requirements, businesses must invest in technology that can adequately preserve electronic data.

alternative approach to the balanced scorecard   Read More

Nurturing the Cloud Ecosystem at the Acumatica Partner Summit 2014—Part Two


At the recent Acumatica Partner Summit 2014, the focus was on the cloud enterprise resource planning (ERP) vendor’s partner ecosystem. In this post, part two of our series on the Partner Summit, we’ll look at Acumatica’s current focus on its partner network and future possibilities for the partner ecosystem.

alternative approach to the balanced scorecard  Acumatica Partner Summit, cloud, Acumatica, ERP, Cloud xRP Platform, OEM, Acumatica VAR, Acumatica partner, Jon Roskill, NetSuite Read More