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Collaborative Balanced Scorecard Software – BSC Designer

Collaborative Balanced Scorecard Software

As it was discussed in “BSC implementation” article, a company’s strategy is not a responsibility of a strategist or CEO only. During a typical discussion around a strategy several participants might suggest their own business goals, KPIs, and action plans. The goal of the Balanced Scorecard software is to support this workflow and provide

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Posted in Features

Not All KPIs are Equally Important – KPI Weight in BSC Designer

Pair of support KPIs in BSC Designer

Not all indicators on your scorecard are equally important for the total performance score. A good example is a pair of “Time to answer” and “First contact resolution rate” KPIs. Is it more important to answer a support query fast or to answer it with some meaningful information that will

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Posted in Features

Alignment of Business Objectives, KPIs and Action Plan in BSC Designer

Alignment in BSC Designer

Business people like talking about “alignment.” It is important to align business actions and KPIs with strategic objectives. What is missing is a “how” part. In most cases behind a buzz word there is no actual tool, just a few Excel spreadsheets, where relevant KPIs are listed next to a

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Posted in Features

Monitoring Performance and Tracking Progress with BSC Designer

Monitor KPI, plan action and track progress

The daily routine of an executive consists of two major goals: Monitor the current state of the business. If something goes wrong an executive needs to find out the reason and plan a response. Execute a business strategy, e.g. execute an action plan that will help a company achieve its

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Posted in Features

Manage Four Perspectives of the Balanced Scorecard in BSC Designer

Add business objective in BSC Designer Online

BSC Designer provides all of the necessary functionality to manage four perspectives of the Balanced Scorecard, thus giving a specialist a handy way to map all of the business objectives according to perspectives of the Balanced Scorecard. The Balanced Scorecard framework suggests mapping the business strategy using four perspectives related

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Posted in Features

BSC Designer Uses XML-based Document Format

Balanced Scorecard Project File

All the editions of the BSC Designer use the same XML-based document format. It gives users a flexibility of the usage. One can upload and access the document in BSC Designer Online, or save it to a local hard disk. .BSC file is a document like MS Word document Think

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Posted in BSC Online, Features

Follow the Balanced Scorecard Framework in BSC Designer

In BSC Designer you have a Business Goals tab where you can formulate your business objectives.

In the “Big picture of the BSC” [1] we have discussed a correct approach to building a Balanced Scorecard. It should be started with defining strategic goals, creating a strategy map, and only then should KPIs and initiatives be assigned. It is much easier to follow the approach suggested by BSC framework [2] when

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Posted in Features

Access Balanced Scorecard Project Using Both BSC Designer Online and Desktop Editions

Store you Balanced Scorecard in BSC Designer Online

BSC Designer is software for the business professional who wants to design and manage a professional Balanced Scorecard or a KPIs project. BSC Designer uses an open data format (.BSC project file) that can be opened by Online, Desktop or Android editions. The most convenient way to work with your Balanced Scorecard project is to keep it

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Posted in Features

Three Different Ways to Import Data

There are three different ways to bring data from an external source into BSC Designer. You can import indicator values, import an indicator, or use SQL Indicators. It is important to understand the difference between these approaches. Import Values When you use the “Import Values” command, you are simply copying

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Posted in Features
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Balanced Scorecard with Annual Objectives with Intermediate Checkpoint Every Month

First, add "Sales" indicator into the Balanced Scorecard

Balanced Scorecard concept can be used for strategic planning. Learn how to create a Balanced Scorecard with annual objectives and intermediate checkpoint for every month. Initial conditions: The annual objectives of the company is to generate $12 million in sales The objective for each month is $1 million in sales

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Posted in BSC Application, Features
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