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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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 creating balanced scorecard framework


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

creating balanced scorecard framework  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.

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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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Operational Excellence: The New Lever for Profitability and Competitive Advantage


Better. Faster. Cheaper. Every company is grappling with these concepts today as economic uncertainty spreads. Though many are focusing on what to eliminate in their operations, leading firms are redoubling their efforts to find new ways to execute with greater efficiency—to achieve operational excellence without sacrificing the value their customers expect. Learn more about improving your strategic competitive advantage.

creating balanced scorecard framework  processes, those focused on creating and delivering the products/services) to those encompassing all processes including management, support, and ancillary processes such as overseeing regulatory compliance. The process-based view, first espoused by Michael Porter (with his value chain)7 and reengineering guru Michael Hammer, identifies primary activities (such as inbound logistics, operations, marketing and sales) and support activities (such as procurement,HR management, and technology Read More

The Impact of IT Service on Business Process Management


There are potential benefits of operating business process management (BPM) side-by-side with business service management (BSM). BPM and BSM are emerging technologies: BPM is concerned with the orchestration and management of effective business processes, while BSM focuses on the operational effectiveness of the enabling IT services. These technologies are mutually beneficial to one another. This white paper is intended for managers interested in implementing robust BPM solutions in IT-dependent business scenarios or managers looking to lay down a basic foundation for effective on-demand utility computing. It addresses the partnership between Fuego and Proxima Technology, vendors in BPM and BSM solutions.

creating balanced scorecard framework  is useful to BPM, creating a bridge between the two will ensure that the IT dimension is factored into the equation. Business Service Management Business service management (BSM) is an emerging IT discipline that is concerned with measuring and improving the business value of IT. The two important themes of BSM are IT-business alignment and IT service optimization. As organizations increase their dependence on IT, business service management becomes more critical and the adage, if you improve IT, you Read More

BI and BPM: It’s Not as Blurry as You Think


There seems to be a blurry line between business intelligence (BI) and business performance management (BPM) applications. Some software vendors offer solutions that actually incorporate BPM and BI within the same application, which makes it harder to distinguish between these two software solutions. The following are some—certainly not all—key differentiators between BI and/or BPM functionality

creating balanced scorecard framework  BPM does this by creating scorecards or establishing key performance indicators (KPIs). So, considering the previous ideas, it’s common that the BI framework comes first, followed by the BPM platform, which takes advantage of the current BI set to establish a managerial methodology to monitor and improve business processes. 2. Reactive vs. Proactive It’s evident that BI tools are reactive, while BPM tools are proactive. Here’s why: BI is focused on bringing relevant information about daily Read More

How Many Napkins Have to Die Needlessly? A Case for Business Architecture


Architecture is a description of how things go together. Once we know what our Business Architecture is, we can design an Information Technology Architecture to compliment it. Without a clearly stated architecture, there is a good chance that things will be put together wrong.

creating balanced scorecard framework  transformation will spend time creating a business architecture to support their project. Various teams are unlikely to guess identically, yet all of their solutions need to fit together to improve enterprise performance. Fundamental assumptions about the business should not be left to chance. Designing a business architecture is not a difficult task. A skilled consultant or manager can put one together in a matter of days. Bringing consensus commitment to the validity of the architecture is yet another Read More

Maintenance Tips For Improved Profits: Creating the Business Case to Invest in Automation


Does it really make sense to spend money to save money? The answer may surprise you when it comes to maintenance of large capital assets including Facilities, Fleet, Plant Equipment and yes, even computers. It makes even more sense when you consider that today more and more companies are adding a new line item in their financial statements called "Deferred Maintenance Revenue Write Down". A lack of preventive maintenance affects the shareholders of all companies due to aging assets and reactive maintenance practices. A complete preventive maintenance program consisting of better business practices and a simple tool such as a Computerized Maintenance Management Software (CMMS) or Enterprise Asset Management (EAM) package can streamline the process and result in immediate savings in both time and money. So how do you justify the initial investment and where can the cost savings be seen across the enterprise?

creating balanced scorecard framework  Tips For Improved Profits: Creating the Business Case to Invest in Automation Maintenance Tips For Improved Profits: Creating the Business Case to Invest in Automation If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Web Work Mobile CMMS allows operations and maintenance managers to exchange information easily and more efficiently to increase workflow, create greater efficiency and improve profitability . Source : Tero Software Read More

Total Economic Impact Study of Microsoft Dynamics AX 2012


The purpose of this study is to provide organizations considering implementing Microsoft Dynamics AX 2012 with a framework to evaluate the potential financial impact on their organizations. The framework helps to identify the cost, benefit, flexibility, and risk factors that affect the investment decision.

creating balanced scorecard framework  total economic impact, ERP ROI, ERP return on investment, cost-benefit of ERP Read More

Integrity and Reliability = Trustworthy Accounting: Are You Sure You're Balanced?


Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially responsible corporate accounting. Not only must businesses use responsible accounting methods, but they must know that their methods are accurate. Small and mid-sized businesses must know the limitations of their current accounting software; understand the possible ramifications of system accounting balance failure; and take steps to guarantee the integrity, reliability, and accuracy of their systems. This white paper highlights the need to recognize problematic software accounting methods; minimize errors in account balance integrity, ledgers, and sub ledgers; and reduce the need for expensive rectification, to avoid serious legal ramifications.

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A New Customer Relationship Management Framework: Twenty-first Century Necessity, or Blowin' in the Wind?


The business ecosystem has shifted focus from corporation to customer, and the location of value has changed with it. Where value had historically been located in products and services, it is now located in the value produced by the customer.

creating balanced scorecard framework  really big part of creating the experience and the emotion. We try to make a customer's experience better, but better in her terms. I think it's value that rules the world. There's an awful lot of evidence across an awful lot of categories that consumers will pay more for better design, better performance, better quality, better value, and better experiences. This latter comment was a direct counter to Wal-Mart 's philosophy that price rules the world. Ultimately, what I'm saying here is that there Read More

MODX Web Content Management: Vendor Profile


Open source vendor MODX provides a modern, highly flexible, Web standards–compliant Web content management (WCM) framework. TEC’s Director of Knowledge Services Josh Chalifour profiles MODX—its background, business practices, revenue streams, and community. MODX’s WCM systems, Evolution and Revolution, are being used for a significant quantity of sites around the world. Find out more in this report.

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Creating an Effective Social Recruiting Strategy—A Guide


This white paper explains how to best use social media (e.g., Facebook and LinkedIn) to reach highly qualified candidates and passive job seekers, build company brand recognition, and reduce sourcing costs to meet company objectives.

creating balanced scorecard framework  an Effective Social Recruiting Strategy—A Guide This white paper explains how to best use social media (e.g., Facebook and LinkedIn) to reach highly qualified candidates and passive job seekers, build company brand recognition, and reduce sourcing costs to meet company objectives. Read More

Data Integration: Creating a Trustworthy Data Foundation for Business Intelligence


Organizations combine their historical data with current data from operational systems to satisfy business intelligence analysis and government reporting requirements. This paper discusses the importance of data integration and helps you identify key challenges of integrating data. It also provides an overview of data warehousing and its variations, as well as summarizes the benefits and approaches to integrating data.

creating balanced scorecard framework  Integration: Creating a Trustworthy Data Foundation for Business Intelligence Organizations combine their historical data with current data from operational systems to satisfy business intelligence analysis and government reporting requirements. This paper discusses the importance of data integration and helps you identify key challenges of integrating data. It also provides an overview of data warehousing and its variations, as well as summarizes the benefits and approaches to integrating data. Read More

Creating Value From Global Commerce Management People, Process and Enablers


Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization (WTO) report issued in October 2004, "Despite the rise in oil prices the volume of world trade is likely to grow by 8.5% in real terms by the end of 2004." The liberalization of trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an industrial force, and the rise of outsourcing as a cost reduction opportunity, all create an environment that is full of opportunity and fraught with hazards. The ability to effectively manage global commerce will be a key strategic competitive differentiator. Global commerce management (GCM) is what is required by companies to win in this tougher, more competitive environment.

creating balanced scorecard framework  Value From Global Commerce Management People, Process and Enablers Companies are going global because the risk of not doing so greatly outweighs the comfort that staying domestic brings. According to a World Trade Organization (WTO) report issued in October 2004, Despite the rise in oil prices the volume of world trade is likely to grow by 8.5% in real terms by the end of 2004. The liberalization of trade, the reduction of tariffs, the elimination of quotas, the continued rise in China as an Read More

ShopSocially to Help Retailers Measure Social Commerce Benefits


ShopSocially, a social commerce software provider, has announced the addition of an A/B Testing framework to its platform, so that Internet retailers can measure the exact incremental business benefits accrued by adding onsite social commerce modules on their e-commerce Web sites. The vendor makes the entire shopping experience more social by adding relevant on-site social modules to an e-commerce Web site.

creating balanced scorecard framework  industry-watch, ab-testing, e-commerce, retail, ShopSocially, social commerce Read More

Deriving Business Benefits from Basel II


Banks endeavoring to comply with Basel II, which requires banks to commensurate their capital with underlying risk, can use the framework for strategic decisions, such as appropriate capital allocation, for various lines of business, risk-based pricing, and employee compensation. Basel II gives banks an opportunity to have a single system that can be used for compliance as well as risk management.

creating balanced scorecard framework   Read More