Balanced Scorecard Software

Organisations spend significant time and effort on making strategies. Tools such as Balanced Scorecards and Strategy Maps enjoy widespread usage. But only a small number of organisations translate their strategies into results.

Why is this?

Balanced Scorecards, Strategy Maps, and Key Performance Indicators need to be linked to execution - there needs to be a flow down of objectives and a feedback of results. In short, there needs to be connection and there needs to be a cycle.

Without proper connection and alignment the management challenge is overwhelming. The relative simplicity of a Strategy Map and associated Scorecards lead to hundreds, if not thousands, of interrelated projects and programs. All of these need to be defined, prioritised and resourced.

Execution is often spread across many countries, divisions and levels within the overall enterprise. It's not surprising that the result is often confusion and inertia.

Success depends on:

• Driving these programs to completion
• Spotting and correcting problems in their implementation
• Quick reactions to changes in the competitive environment that may redefine requirements and objectives

The i-nexus solution

i-nexus' Balanced Scorecard solution offers:

• i-nexus Enterprise Alignment Edition - powerful project and resource management functionality, with advanced knowledge management capabilities
• out-of-the-box configuration - infrastructure and reports built around the Balanced Scorecard framework
• rapid deployment - i-nexus driving benefits in as little as 15 days
• a choice of support services according to the demands of your deployment
• value optimisation strategies which deliver results in as little as 3 months.