Process Improvement and the Balanced Scorecard

  • Source: Axiom Technologies
  • Written By:
  • Published:
  • (Originally Published On:) )
Process improvement efforts often go hand in hand with a balanced scorecard (BSC). A BSC provides management with a set of key result indicators (KRI) to assess how the company is progressing toward strategic goals, such as “increase customer base.” For this type of goal, the KRI are tied to key performance indicators (KPIs). Explore how an application intelligence platform (AIP) can support a process improvement program.

Featured Software Research:

How to Successfully Select an ERP System in Eight Simple Steps

If you’re looking for your first enterprise resource planning (ERP) system or looking to upgrade from an existing system, the evaluation, selection, and implementation process is a long-term strategic decision for your organization. To help you through this process, here are eight simple steps for a successful ERP system selection. Read More

ERP for Drilling Contractors

  • Source: IFS
  • Written By:
  • Published:
This white paper looks at several factors for drilling contractors to consider when looking for an ERP system, in order to select a solution that will ultimately enable organizational responsiveness and process optimization. Read More

You may also be interested in these related documents:

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. Read More

The Alignment-focused Organization

  • Source: SAP
  • Written By:
  • Published:
To close the gap between strategy, risk, and execution, companies need to build strategic alignment across all aspects of the business. Learn how your company can benefit from deploying strategy management software as part of a larger corporate performance management solution—encompassing business planning and consolidation, profitability and cost management, spend analytics, and governance, risk, and compliance. 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. Read More
comments powered by Disqus