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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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 balanced scorecard


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

balanced scorecard  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

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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.

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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 » balanced scorecard

Process Improvement and the Balanced Scorecard


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.

balanced scorecard  Improvement and the Balanced Scorecard 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. Read More

How to Unbalance Your Scorecard to Better Measure Business Performance


The Balanced Scorecard is one of the most popular methodologies for measuring business performance, with a view to enhancing it. First made popular in the early 1990s, this performance management framework was intended as a tool to provide managers with a more complete and “balanced” view of their organization’s performance by including nonfinancial metrics and key performance indicators (KPIs) in

balanced scorecard  Measure Business Performance The Balanced Scorecard is one of the most popular methodologies for measuring business performance, with a view to enhancing it. First made popular in the early 1990s, this performance management framework was intended as a tool to provide managers with a more complete and “balanced” view of their organization’s performance by including nonfinancial metrics and key performance indicators (KPIs) in their assessments. Despite this excellent approach to the state of an Read More

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 elusive until business management strategy and data management architecture are aligned.

balanced scorecard  subjective measures. Yet many Balanced Scorecard initiatives never become practical or usable. Our analyses reveal both management and IT scorecard deployment issues that defeat its purpose, which are documented in Figure 1, and we define as subversion issues: Figure 1: Balanced Scorecard Deployment Challenges Management Subversion IT Subversion Allow bottoms-up initiatives that lack a sense of urgency and enterprise perspective Don't question initiatives that are bottom-up or lack enterprise perspective Read More

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 precisely this problem. Unfortunately, most organizations look solely at the warning lights (how close are expenses and revenue to budget) rather than focusing on where they want to go—and how they’re going to get there.

balanced scorecard  Strategy Management and the Balanced Scorecard Addressing Strategy Management and the Balanced Scorecard If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Infor PM Strategic Management is a unique and innovative solution for implementing management systems that develop, communicate, monitor, and assess the implementation of strategy. It supports a range of methodologies, including the Balanced Scorecard . Source : Infor Resources Read More

Made2Manage Systems 'One Year After': Reenergized and Growing Part Four: Quality Management Processes


Made2Manage Systems pledges not to build technology for the sake of technology. Instead, the company plans to focus in on the true needs of its customers and those of the prospective buyers in the target market, while applying forward-looking technology enhancements that protect its customers’ investment in business solutions.

balanced scorecard  our advice of a balanced emphasis on both features and business processes when selecting an enterprise solution (for more information, see Evaluating Enterprise Software—Business Process or Feature/Function-Based Approach? All the above, Perhaps? ). This concludes Part Four of a five-part note. Part One presented the event summary. Part Two discussed the future direction. Part Three analyzed the market impact. Part Five will detail challenges and make user recommendations. 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 scorecard  drilling down the scorecard. Balanced Scorecard Methodology The balanced scorecard methodology, introduced by Professor Robert Kaplan and Dr. David Norton in 1992, is a framework for defining, implementing, and managing an enterprise's business strategy by linking objectives with factual measures. In other words, it is a way to link top-level metrics, like the financial information created by the chief financial officer (CFO), with actual performances all the way down the corporate pecking order. Read More

From Spreadsheet Chaos to an Integrated BPM Application in Six Steps


Spreadsheets can provide rudimentary business performance management (BPM) capabilities. But there are many reasons to leave them behind: improved collaboration among users with data security and audit capabilities, greater accuracy of analysis and reports, real-time information, and more. Discover other benefits, as well as how you should approach and carry out the transition from spreadsheets to a BPM solution.

balanced scorecard  Spreadsheet Chaos to an Integrated BPM Application in Six Steps These companies rely on Infor PM (Performance Management). Infor's performance management solution combines business process applications, business intelligence software solutions, and pre-built analytics. Source : Infor Resources Related to From Spreadsheet Chaos to an Integrated BPM Application in Six Steps : Business Performance Management (BPM) (Wikipedia) From Spreadsheet Chaos to an Integrated BPM Application in Six Steps Read More

A3 Solutions, Inc.


A3 Solutions develops A3 Modeling, software for dashboards and budgeting forecasting consolidations. The company’s focuses include corporate performance management and balanced scorecards.

balanced scorecard  corporate performance management and balanced scorecards. Read More

Management Excellence: The Metrics Reloaded


The key to enterprise performance management is to identity a company’s value drivers, focus on them, and align the company to drive results. But there are many management methodologies—such as the balanced scorecard, performance prism, and five forces. What is the right framework for your business? Find out about six management processes and the tools that can help you asses which metrics framework will work for you.

balanced scorecard  management methodologies—such as the balanced scorecard, performance prism, and five forces. What is the right framework for your business? Find out about six management processes and the tools that can help you asses which metrics framework will work for you. Read More

Oracle Business Intelligence 11g Finally Unveiled


Today in London (UK), Oracle announced the new 11g release of its Business Intelligence solution suite. There’s much interest in seeing how Oracle will be directing specific efforts to competing in the business intelligence space with this new version. This question will soon be answered upon investigating their new BI tool’s functionality, features, and improvements. Part of this

balanced scorecard  Business Intelligence 11g Finally Unveiled Today in London (UK), Oracle announced the new 11g release of its Business Intelligence solution suite . There’s much interest in seeing how Oracle will be directing specific efforts to competing in the business intelligence space with this new version. This question will soon be answered upon investigating their new BI tool’s functionality, features, and improvements. Part of this important set of new features are: •    The incorporation of a new Read More

Financial Reporting, Planning, and Budgeting As Necessary Pieces of EPM Part Two: Challenges and User Recommendations


Although CPM (aka EPM) starts with strong financial management, it will eventually extend beyond financial planning to almost all areas of corporate activity. Therefore, organizations choosing BI suites should consider both their financial management tools and future integration with key business-area solutions (for example, PLM, CRM, and SCM).

balanced scorecard  methodologies such as the balanced scorecard or activity-based costing (ABC), and although these approaches help determine how and what to measure, they lack a mechanism for dynamically changing values to keep abreast of the business reality. Ensuring the closed-loop management is CPM's enhancement of BI applications, which traditionally focus on measurement, which is basically worthless without the ability to act on it. Consequently, a perplexing variety of existing tools and techniques can lay claim to 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 scorecard  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

ERP Selection Facts and Figures Case Study - Part 2: Qualitative Assessments and Analysis


This is part two of a note describing an opportunity TEC had to evaluate and compare the four top ERP vendors for a client. Each vendor’s offering differed in such areas as functionality, flexibility, process fit and ease of use. Find out what TEC learned as a result of the selection engagement.

balanced scorecard  Selection Facts and Figures Case Study - Part 2: Qualitative Assessments and Analysis ERP Selection Facts and Figures Case Study Overview of the Selection  A mid-market Engineer-to-Order manufacturer in the aerospace and defense sector retained the services of TEC to help select an Enterprise Resource Planning System. This system is intended to replace disparate applications that lacked the functionality and integration to support the company's Lean Manufacturing initiatives. The Scripted Scenarios Read More