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Balanced Scorecard Designer

• Get a more balanced view of organizational


performance and execute your strategy more
effectively
Balanced Scorecard Designer
Challenge
• The balanced score card is a strategic planning and
management system that is used extensively in business
and industry, government, and nonprofit organizations
worldwide to align business activities to the vision and
strategy of the organization, improve internal and
external communications, and monitor organization
performance against strategic goals.
• Balanced Scorecard Designer provides a powerful
software environment to help you build a strategy tree of
your company and connect your strategy with the new
solution or goal.
Overview
• For every perspective and indicator you can write a note
telling what this indicator is, how to measure it and what
target values you are going to achieve.
• The tree represents indicators of the balanced score
card (also known as KPI), each of which has a set of
numerical values.
• Depending on the specified numerical values and weight
of the indicators, the program calculates current
progress.
• The generated balanced score card can then be
exported to Excel for further analysis or to the HTML
format with diagrams.
Facts about Balanced Scorecard
According to Balanced Scorecard Collaborative
• 95% of typical workforce does not understand its organizations' strategy
• 90% of organizations fail to execute their strategies successfully
• 86% of executive teams spend less than one hour per month discussing strategy
• 70% of organizations do not link middle management incentives to strategy
• 60% of organizations do not link strategy to budgeting

According to Balanced Scorecard Forum


• 80% of organizations using balanced scorecard reported improvements in operating performance
• 66% of these organizations reported an increase in profits

According to Bain & Co


• about 70 percent of organizations had at least partially implemented a balanced scorecard by
2006.
• 50 percent of Fortune 1,000 companies are using the balanced scorecard

According to Microsoft Business Intelligence Conference,


• 30% of companies think that the most important to their company today is performance
management
Indicators and their properties
• With Balanced Scorecard Designer one can
create indicators and group these indicators into
categories or sub-categories
• Each indicator has its own weight, e.g. relative
importance of indicator
• User can describe the indicator, specify the min
and max values, the method of calculating the
performance
• The total performance of the scorecard depends
on weights of categories, indicators and
performance of indicators
Time Points
• The program can work not only with stoical
indicators, but with indicators that change
their values in a time
• User can specify indicator’s values for the
past, for today or for the future. In this way
planning and results analysis is possible
• If value of indicator is not specified then it
is inherited from it’s previous values
Strategy Maps in BSC Designer
Strategy Maps
• Strategy map is a great way to represent
visually the Balanced Scorecard in the way
you want it to appear.
• BSC Designer can automatically export the
indicator objects into the map, creating
necessary links.
• In addition, user can add some custom
objects, such as text blocks, large arrows,
different types of links.
Connect Scorecards together
• With Balanced Scorecard Designer one can
combine several scorecards into one or use
certain indicators in other scorecards
• Balanced Scorecard can establish connection to
scorecards located on the web server or in a
local network
• This is the way how managers can collaborate
and use unified information from other
scorecards
Export to MS Excel
• The program allows to export Balanced
Scorecard into MS Excel
• This is a great way to do advanced
analysis of the data
• When user have data exported to MS
Excel, it is easy to link this data to some
external data sources
Export to HTML
• HTML report is the most advanced report for
your Balanced Scorecard
• It can covers any specified time period
• It can include full information about indicators,
including their data values or it can be generated
in a “mini” version and include only key
information about groups and indicators
• The HTML report includes graphical charts that
represent how performance change within time
period
Usability
• Reporting functions of the program are with
command line interface, giving developers an
ability to integrate Balanced Scorecard Designer
into customer’s business systems
• In the program user will find all industry –
standard interface functions, such as
copy/paste, undo/redo
• It is easy to build and navigate though the
scorecard with BSC Designer interface
Metrics Library
• It is recommended that 70 to 80 % of the metrics used in
an enterprise balanced scorecard should be standard,
with 20 to 30 % custom.
• The official web-site of the product offers a rich
commercial library of metrics, which are available in the
proprietary file format and Excel.
• These metrics have been created based on the results of
analyzing the indicators from various areas of business
and allow executives or managers to create their own set
of indicators, relying on the time-proved indicators that
worked well in other companies from the similar
business area.
• Metrics are designed for HR, Finance, Logistics, Project
Management and many other categories
Why Balanced Scorecard Designer
• This product will help executives and managers to create
their own Balanced Scorecards with ease and simplicity.
• Some of our competitors are listed here:
www.strategy2act.com/solutions/balanced-scorecard-software.htm

• Our product is much more affordable because it is not a


high-scale ERP or MPC system, it doesn’t contain value-
added features, such as CRM, helpdesk, sales modules
we are focused just on performance management
problems
• With our commercial library of metrics you can have a
start point scorecard, which was designed specifically for
your business.
About AKS-Labs
• Founded in 2000, AKS-Labs is a Raleigh, New Carolina
based technology company, specializing in business
software.
• The company also have branches European branch of
the company is located in Czech Republic.
• Its premier products include Mind Pad, a mind mapping
tool for building diagrams, Compare Suite, a file
comparison utility and File Search Assist, utility for a file
search. More information about AKS-Labs can be found
at www.aks-labs.com.
• Contact us using the contact-form on our web-site
http://www.strategy2act.com/support.htm

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