As the Balanced Scorecard concept matured from a largely academic concept in the early 1990s to become a powerful framework for enterprise strategic management, the emphasis changed from monitoring performance to enabling the successful execution of strategy. The breakthrough results experienced by organizations that have been successful with the Balanced...
Are your business initiatives undermining one another? These greatest hits from the BNET Business Library will show you how to keep your goals aligned. Balanced Scorecard Behaviors Source: Business, The Ultimate Resource Two professors developed the balanced scorecard as an approach to strategic...
For sales organizations of all sizes, graphical dashboards provide an effective way to communicate and use information throughout the organization more effectively. Dashboards bring together information from multiple sources to produce relevant, actionable information that helps sales persons and managers become more effective. While many options for deploying dashboards exist,...
Shadan Malik, president and CEO of iDashboards, explains how enterprise dashboards deliver the business intelligence executives and managers need to make better decisions. Length: 00:03:43 by BNET staff
Dashboards that monitor organizational performance can spark a great awakening within the businesses that use them. Instead of waiting a month or two to see how actuals compare with plans, dashboard users are alerted to a performance shortfall almost as soon as it occurs, so they have the chance to...
Designers of metrics management dashboards need to incorporate three areas of knowledge and expertise when building dashboards. They must understand the dashboard users' needs and expectations both for metrics and for the presentation of those metrics; they must understand where and how to get the data for these metrics; and...
Organizations are faced with new challenges, demands and competitors. Therefore, as the markets change and evolve, organizations are continuously looking at using new methods and tools to help them adapt, thrive in the current competitive environment, and execute effectively and efficiently. This white paper provides financial and IT managers with...
The failure of an incomplete, poorly considered dashboard initiative can harm the prospects of better-planned future performance management efforts. Most everyone who's working to improve their company's performance management systems (which Gartner refers to as corporate performance management, CPM, rather than BPM) seems to be considering implementing data visualization tools...
Monitoring and assessing vendor performance requires a formal procedure, something many retailers currently lack. A software implementation featuring a process dashboard is recommended. A process dashboard ensures that key stages of vendor review are executed in a timely fashion so weaker vendors can be identified quickly and steps taken to...
As companies work to meet the 302 and 404 financial reporting and disclosure requirements of Sarbanes-Oxley, one of the biggest challenges is gaining a comprehensive view into the state of their internal controls. This insight is critical, both for issues resolution and for compliance confidence. Cognos and OpenPages - the...
Real time compliance is starting to gain more and more attention as Sarbanes-Oxley teams complete their initial assessments and rollout work. But exactly how are ‘C’ level executives and boards going to ensure that they are meeting the ‘real time’ requirements of SOX 409 and the ongoing management of...
A dashboard is a vital tool for monitoring the daily health of an organization. From a single interface, decision makers have access to key performance indicators KPIs - actionable information that can be used to effectively guide and track business performance. At a high level, it may seem relatively easy...
Testing and fixing a multitude of personalized dashboards that are regularly used by members of the organization is a disruptive and expensive task. This paper describes the Hyperion Intelligence Dashboard Builder Update Utility automates updates, so there is zero impact on existing dashboards and business reports. Dashboard Builder Update works...
Too often decision makers are presented with Business Intelligence information and told: "Here is your dashboard". Too often decision makers are forced to roll-up their sleeves and pull strategic information out of the stacks, or worse, completely shun information presented to them because it is not intuitive and supportive to...
Production personnel are hindered in their ability to make rapid, right-time decisions on the factory floor by their inability to gather relevant information from disparate, stand-alone systems. Additional challenges include the lack of real-time alerts on shop floor exceptions, workflows to resolve them, and relevant key performance indicators for production...
From the executive summary: ‘The performance management needs of the senior executive are certainly quite different than those for a line-of-business or operations manager. Tailored environments and management at a glance are now the operational mantras of the day. The Six Sigma toolkit includes an optimization technique known as Design...
Store teams first and foremost need a structured method of goal setting and tracking. The store manager and the leadership team in the operations function need to be able to monitor the health of the function. They need to be aware of exception events - out of stock situations, for...
This paper describes the Management Dashboards which help organizations reach stated goals by leveraging information and analytics. They provide alignment, visibility, and collaboration across the organization by allowing business users to define, monitor, and analyze business performance via Key Performance Indicators KPIs. Whether organizations choose to implement strategic or tactical...
At present there is no widely applied method of measuring the ongoing performance of product development as a whole. However, there have been some attempts to do this -- at different levels within the product development process or company. By failing to adopt an effective set of measures for managing...
Dashboards and scorecards can promote performance visibility and effectiveness, but only if designed and implemented appropriately. The challenge is that most companies don't understand the differences between the two approaches and so fail to distinguish which vendors provide the capabilities appropriate for their needs. This article explains that this distinction...
