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Software Functionality Revealed in Detail
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 balanced scorecards


Why Most Balanced Scorecards are Subverted
Business and IT managers have failed to get at the root cause of Balanced Scorecard ineffectiveness. Getting the most from corporate data will continue to be

balanced scorecards  Most Balanced Scorecards are Subverted Business Management Issue The 'Balanced Scorecard' has been a popular seminar attraction and hot topic in corporate boardrooms for years. Why all the buzz? Quite simply as Tom Peters puts it,' what gets measured gets done.' The Balanced Scorecard, according to Harvard Business School professor Robert Kaplan, translates a company's vision and strategy into a coherent set of performance measures. The four perspectives of the scorecard - financial measures, customer k

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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

Business Performance Management

Business performance management (BPM) enables organizations to translate strategies into plans, monitor execution, and provide insight needed to manage and improve financial and operational performance. This knowledge base covers scorecards, dashboards, business activity monitoring, and more.  

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Documents related to » balanced scorecards

Reporting Value of IT Services with Balanced Scorecards


A balanced scorecard is a measurement system for management that provides real insight into the status of a business or some part of it. Developed by Kaplan and Norton in the early 1990s, balanced scorecards provide a control system that helps ensure the right balance between different, and often times conflicting, perspectives. For example, an insurance company may increase profitability by offering incentives to claims assessors for taking a tough stance on payout, but will soon find dissatisfaction among its clients that may lead to lost business. Scorecards help ensure this balance and are an improvement over more traditional single dimension approaches that tend to be based purely on expense management and business growth.

balanced scorecards  of IT Services with Balanced Scorecards Reporting Value of IT Services with Balanced Scorecards If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Compuware Acquires Proxima Technology. In January 2007, Compuware acquired Proxima Technology. Compuware IT Service Management provides an end-to-end view of application performance while helping communicate the business value of IT services, and proactively identifying and resolving problems. Read More

The Balanced Scorecard: Building a Balanced Scorecard Framework that Drives Strategy Execution and Business Results


The divide between strategy development and strategy execution can be overcome by creating balanced scorecards. Prioritize your objectives to determine which are most critical. Then cascade objectives and metrics down and across the organization, creating linked and related—but not identical—scorecards for each critical area. These and five other tips for scorecarding success will move you in the right direction.

balanced scorecards  Balanced Scorecard: Building a Balanced Scorecard Framework that Drives Strategy Execution and Business Results The divide between strategy development and strategy execution can be overcome by creating balanced scorecards. Prioritize your objectives to determine which are most critical. Then cascade objectives and metrics down and across the organization, creating linked and related—but not identical—scorecards for each critical area. These and five other tips for scorecarding success will move you Read More

Best-of-breed Approach to Finance and Accounting


CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and securely. However, CODA must defend its narrow specialist and best-of-breed approach against larger-scale integrated enterprise system offerings.

balanced scorecards  methodology (see Why Most Balanced Scorecards are Subverted ). Related to the above line of products is CODA Analytic Explorer , which is a business intelligence (BI) tool that allows CODA users to carry out multidimensional browsing across CODA-Mart and any other relational data source. It is a generic, on-line browsing tool with both two-dimensional and multidimensional browsing capabilities built in, and has a separately licensable cube builder that provides extra performance. As finance departments Read More

The Next Phase of Supplier Performance Management in the Retail Industry


Supplier performance management in the mass merchandising market is undergoing a renaissance of sorts. Increasingly, retailers are deploying vendor scorecards as a means of better aligning their supplier network with their corporate direction. Suppliers need to consider the implications and begin preparing for this or face considerable risk.

balanced scorecards  the corporate strategy (and balanced scorecard), it can be a device for driving strategic direction. After all, what gets measured gets improved (Edward Frazelle, Supply Chain Strategy , 2002). If the aggregate retailer performance bell curve is misshapen, senior management can assess the extent of the issue, the amount of time it will take to resolve, and develop a plan of action. From a tactical perspective, the scorecard is a snapshot of a supplier's contribution to retailer profitability. Buyers Read More

Attaining Real Time, On-demand Information Data: Contemporary Business Intelligence Tools


Demand for instant access to dispersed information is being met by vendors offering enterprise business intelligence tools and suites. Portlet standardization, enterprise information integration, and corporate performance management are among the proposed solutions, but do they really deliver real time information?

balanced scorecards  into executive dashboards, while balanced scorecards can communicate company performance metrics to a broader set of employees, tying it in with budgeting and planning systems, analytical capabilities, and corporate dashboards. Dashboards are front-end presentation that sits on top of CPM systems displaying key metrics and KPIs on which the company wants everyone to focus. Dashboards often represent the window into an overall CPM system, improving the visibility of the results of planning, budgeting, and Read More

Measuring the Supply Chain Outside Your Enterprise


Since supply chains, by definition, are about the end-to-end inter-enterprise process, we highlight the growing importance of looking outside your four walls when thinking about supply chain performance management. If you are overwhelmed by the number of supply chain measures you are tracking, it’s better to focus your energies on a few that can have a significant impact.

balanced scorecards  few popular frameworks like balanced scorecards, SCOR, etc. have been available for some time, but these have yet to be widely adopted. There are challenges in trying to align these with the accounting practice of the firm. And in cases where they have been adopted, it's been piecemeal, because the sheer scope and complexity of the total supply chain can be overwhelming. There is no consistent method to capture data across the end to end chain. And there is not much agreement on data and other standards Read More

Business Performance Management


Business performance management (BPM) enables organizations to translate strategies into plans, monitor execution, and provide insight needed to manage and improve financial and operational performance. This knowledge base covers scorecards, dashboards, business activity monitoring, and more.

balanced scorecards  BPM software comparison, Business Performance Management, Business Performance BPM, Business Performance software, BPM solutions, BPM vendor, BPM software evaluation, compare Business Performance Management, business performance tools, business performance management vendor Read More

CorVu


CorVu provides CPM and BPM modules including stratgeic management, scorecarding, balanced scorecards, risk management, budgeting and planning, consolidations, incentive management, dashbaords, web delivery, OLAP, business intelligence, report writing, financial report writing, graphical analysis, data mining, and foreacsting.  

balanced scorecards  including stratgeic management, scorecarding, balanced scorecards, risk management, budgeting and planning, consolidations, incentive management, dashbaords, web delivery, OLAP, business intelligence, report writing, financial report writing, graphical analysis, data mining, and foreacsting. Read More

Contemporary Business Intelligence Tools


Tools under the business intelligence (BI) umbrella combine to convert data into information, and information into decisions for action. Dashboards and scorecards are two such tools. Though often confused, they have functional difference, especially in modern BI suites.

balanced scorecards  enable the application of balanced scorecards by providing the ability to readily compare business information with established targets. It also provides a platform for sharing performance targets and results across an enterprise, allowing management to understand, at a glance, how the business is performing. The aim is to take a business' strategic objectives and translate them into a set of performance measures designed to meet those objectives. Unlike many other business management techniques that Read More

Corporate and Market Lifecycle Factors that Influence Revenue Balance and Growth


Awareness, demand, and education are often required to pull prospective clients to your organization. But in order to produce effective marketing materials and approaches within your go-to market, you must first understand the life cycle of your company in relation to product, market, and buyer. This will lead in turn to mastery of balanced revenue growth and life cycle alignment.

balanced scorecards  turn to mastery of balanced revenue growth and life cycle alignment. Read More

Has The BI Market Consolidation Been Crystal-Clearly Actuated? Part Two: Market Impact


In addition to products' rationalization, the integration at sales and cultural levels will be challenging. In general, existing customers of involved merging vendors should be alert, but they should still look at these events as positive.

balanced scorecards  The BI Market Consolidation Been Crystal-Clearly Actuated? Part Two: Market Impact Event Summary The frantic first week of June that marked an outright internecine war in the ERP space, seems to have been somewhat repeated in the second half of July, but this time in the business intelligence (BI) market. The following acquisitions were announced: Business Objects will acquire Crystal Decisions Hyperion will acquire Brio Software Actuate Corporation has completed the acquisition of Nimble Technology Read More

Increasing the Value of Your Enterprise Through Improved Supply Chain Decisions


Improving the decision process around inventory and supply chain flexibility will drive sustainable, measurable benefits in the near term that are disproportionate to the effort required.

balanced scorecards  financial perspective on the balanced scorecard concept. 1 Figure 1. These inventory and feasibility decisions determine the position of the fulcrum for the supply chain lever (Figure 2). More timely and higher quality decisions in the optimize inventory and optimize supply chain flexibility spaces (boxes outlined in yellow under Supply Chain Decisions in Figure 1) move the fulcrum in Figure 2 to the left. This amplifies the force that supply chain capabilities exert on key financial metrics, Read More

SAP Manufacturing-Manufacturing Intelligence Dashboards


Adaptiveness in the manufacturing sector depends on being able to push decision making to the shop floor. But that’s often easier said than done. However, manufacturing intelligence dashboards aggregate content from the full range of manufacturing systems into a single view of operations. These role-specific dashboards thus enable employees to manage manufacturing performance, and respond quickly to changes.

balanced scorecards  Balanced Scorecard IT , Balanced Scorecards , Business Dashboards , Business Definition Intelligence . Production personnel are hindered in their ability to make rapid, right-time decisions on the factory floor by their inability to gather relevant information from disparate, stand-alone systems. Additional challenges include the lack of real-time alerts on shop floor exceptions, workflows to resolve them, and relevant key performance indicators for production processes. Manufacturing intelligence Read More

Are Data Warehouses as Dead as the Dodo? (LiveDashBoard and QlikView)


If you think you have seen everything in the BI space, I’m sorry, but you may be wrong. Traditional BI solutions for large enterprises consider the data warehouse to be the basis of BI solutions. QlikTech and PRELYTIS, two innovative software providers I recently contacted, could be changing this paradigm. What follows are some of the insights and interesting proposals I gleaned from our

balanced scorecards  •    Business metrics and balanced scorecards •    Mobile access This variety of information vectors comprises just a portion of the functionality features that LiveDashBoard can provide to users. LiveDashBoard also has a set of business performance management functions in place, which enables it to provide functionality that is complementary to its core BI functionality. Platform-independent due to its Java-Ajax design, LiveDashBoard can be deployed on different types of operating systems, Read More