Software Tool to Implement Balanced Scorecard

BSC Designer is a well-known software tool for automation of the Balanced Scorecard concept. Read here some stories about how business professionals choose Balanced Scorecard automation solutions, what requirements they have, and what can be found in BSC Designer.

Implement Balanced Scorecard concept with BSC Designer

I was looking for a user-friendly BSC software to be able to support my assignment to implement the BSC concept for my clients. After trying to use BSC Designer, I found out that it’s truly an amazing and useful tool.
I’m going to introduce your software to my clients, as well as showing your website to them for learning the more advanced BSC program.

B.P. Kusumo Bintoro, Independent Management Consultant from Jakarta – Indonesia

A note from developers

Thank you for the introduction of BSC Designer to your clients. One of the benefits of BSC Designer is that it is really easy to install. It doesn’t require neither any complicated installation process, nor installation of a database. For sure, there is an excellent functionality as well that will support all your business scorecards. Another important thing is that the program uses open XML-base format. For an end user it means that it is easy to manage .BSC project files. Do with .BSC document whatever you would do with a Word document or Excel spreadsheet. You can send it to your colleague or check in to the version control system to ensure multi-user access.

On our website information about the Balanced Scorecard is located in Articles section. You can direct your customers there. Also, some users reported that BSC Designer itself helped them to understand the Balanced Scorecard concept better. In your case it might be easier to teach your clients by showing appropriate examples directly in the software.

Talking about an implementation of the Balanced Scorecard concept, we are often asked for a detailed implementation plan. I’m sure your clients will also ask you for something like this. From this diagram you can learn what roles appears in an organization once the Balanced Scorecard is implemented. Click on the diagram to learn more about a suggested implementation plan.

Choosing software tool for the Balanced Scorecard

Finally, consider joining our partner program, which is available for BSC Designer desktop editions, as well as for the web-based BSC Designer.

Balanced Scorecard consultant uses BSC Designer

I work as a consultant, applying BSC concepts, your tool would be a very welcome addition supporting my efforts.

 Check out LinkedIn ProfileImad Jomaa, General Manager, Pillar Total Solutions, Beirut – Lebanon

I have not applied yet at any of my clients’ environment. However trying it while using sample data demonstrated to me that it can greatly assist in applying the BSC concepts and providing the management with a simple and easy to read dashboards and charts summarizing the status of their initiatives.

A note from developers

Thank you for sharing your feedback. When you have more clients interested in implementing BSC Designer in their business environment, consider our partner program. You can join it to resell desktop and/or web-based editions of BSC Designer. Also, consider upgrading to PRO edition, it will give your customers much more compared to the Online.

BSC Designer partner program

In the PRO edition you have access to strategy maps and can use them to build more sophisticated dashboards and maps where the cause-and-effect connection between business objectives will be visualized.

Accelerate the implementation of the Balanced Scorecard

I will be using BCS Designer within my team to build the Balanced Scorecard for the measurement of the performance of some of our programs. The product allows relating measurements to our corporate goals. I’m going to use BSC Designer for the self-evaluation based on my own life goals as well.

D. Gaudet, Principal Consultant, CA Technologies, Islandia, NY

Only recently I’ve started to use your solution and every time I use it, I learn something new about the program. Getting additional training has been critical to get the value out of BSC Designer PRO.

Also, I was considering if I needed to get some training on Balanced Scorecard or not, but after purchasing some eTraining material I can say that it has been beneficial to increase my productivity on the use of Balanced Scorecard and BSC Designer PRO. The BSC Toolkit is also a product that needs to be considered.

BSC Designer needs to be considered by any organisations that is looking for adopting balanced scorecards. It will help to accelerate the implementation of the balanced scorecard methodology in your environment.

A note from the developers

Thank you a lot for sharing your opinion. We are happy that you found our eTraining and BSC Designer products useful. Doubtless, BSC Designer helps to implement the Balanced Scorecard faster and invest less efforts in maintaining the scorecard. We know that most companies start their first scorecard in Excel, but this normally leads to the difficulties associated with the update of the scorecard.

Moreover, BSC Designer is not only the tool that helps with measurement. It helps not only with KPIs, but with description of the strategy. A well described strategy is an excellent tool to improve business performance. And the Balanced Scorecard is primary about the strategy, not just about KPIs. Recently we discussed this in details.

A clear view of the Balanced Scorecard framework

Finally, I must say that it is an excellent idea to use the BSC Designer to track your personal goals. In this way you will learn the product much better and will be able to translate your knowledge to the others in your company. This might be very challenging as well. We have an article were we discussed the possible problems in this regard and solutions to them.

Strategy planning software helps implement Balanced Scorecard

I was looking for a software for strategical planning for the company where I work, therefore we are looking for a way to implement the Balanced Scorecard. I found the BSC Designer, which is a very practical software with excellent functionality. I am still testing some functions, but I can already confirm that it is going to adjust itself perfectly to what I am looking for.

Check out LinkedIn Profile Fernando Latterza, Analyst of Strategical Planning at Grupo SBF

A note from developers

Fernando, we are glad that BSC Designer is what you are actually looking more. We have a lot of clients from Latin America. With BSC Designer we provide not only an excellent functionality, but an interface localized in local languages. According to recent research Balanced Scorecard is one of the most used business tools in Latin America.

The Balanced Scorecard among the five most used business toolsTaking about strategical planning, I do recommend for you to download and try the latest version of BSC Designer. We have improved a lot the strategy design process. The key part of any strategy is a strategic map. In BSC Designer you can place on a strategy map your business objectives and then align them with each other and with KPIs. Here we describe how the process works step-by-step.

There are many other customers who use BSC Designer to define a business strategy or communicate it to employees. In BSC Designer we are implementing the best practice experience that can help a company that is just starting to come up with a good strategy.

Also, there is one popular article on the topic that I’d like to recommend you: Vision and Goals vs. Strategy Map and Objectives. It explains some key ideas about vision, mission, business goals and objectives and puts these terms into their places.

Finally, strategic planning is just the beginning. Once you have a strategy (even the best one), you need to execute it properly. That’s where the BSC Designer software will be really helpful.

  • First, it allows to align KPIs and objectives with action plans.
  • Second, it provides means that an executive can use to communicate the strategy to employees and other stake holders.

Give it a try and feel free to contact us if you have any questions.

Structure data for implementation of Balanced Scorecard

Working in education area I plan to apply BSC Designer to structure the data that I have collected for implementation of the BSC process. The program helps me in sharpening my measurement tools. From the first user experience, the interface looks rather intuitive and is able to allow the user to know his/her way around easily. Also, it does not require complicated installation, unlike some BSC software in the market.

Ivan Lim, Blurmath Tuition Company, Singapore

A note from developers

Ivan, I thank you for your feedback! I do agree that a simple installation is one of the biggest benefits of BSC Designer. When we were designing the first version, we asked ourselves a question: what is the biggest problem with corporate software? Why are independent performance experts still using Excel for the Balanced Scorecard? The obvious answer was that we need to suggest a simple installation and a clear user interface. According to your feedback and to what other users are saying, we have achieved this goal.

Also, we didn’t want BSC project to be closed, we were looking for a simple way to manage it. When one has a MS Word document it is easy to send it to a colleague. No one asks you to install a database to do this simple action. That’s what we wanted from BSC software. The solution was to use an open BSC file format where a Balanced Scorecard project is a file that you can be sent to your colleague as you would do with MS Word document or MS Excel spreadsheet.

One BSC file several editions

As for structuring data, in the latest version of BSC Designer you will find that functions on the “Business goals” tab have been significantly improved. For example now, you can not only specify business objectives and set a cause-and-effect link between them. For example, objective B from “Customers” might contribute to objective “A” from “Finance.” What is more exiting is that BSC Designer can automatically present all of these links on the strategy map. Learn more about updated strategy map design process.

Easy to Use Balanced Scorecard and KPIs Software

We are using BSC Designer for linking strategy and corporate goals to KPIs and for measuring the performance of divisions and the company as a whole.

Abdullah A., Operations Manager & Commercial Controlling,

Saudi Airlines, Saudi Arabia

So far I’m still trying the product. It looks promising, but I need further information and training to be able to implement it in the company. I’ve seen other products, but this one looks easier and it is more straight forward. I like the idea that it uses Excel, as we all have plenty of experience using it instead of using a new product that requires training and attached to a company that might increase the cost dramatically.

A note from developers

It’s really good that you find the product easier to use than similar strategic planning and performance management products. We invest a lot of time in making the product more logical and easier to get started. Other users also reported BSC Designer as easy to use, feature-rich, good-priced, flexible for BSC. And it is not only about the program itself, our goal is to improve the whole use experience. We know that most corporate software tools are really difficult to install and maintain. With BSC Designer we don’t require any databases to be installed and it also helps users to enjoy our product.

Right now you are in the process of trying a product. I hope you will find it useful for your tasks. As for more detailed information, here are some video training for various features of the product. If you have some specific question, don’t hesitate to contact us.

Finally, I’d like to share few thought about Excel. I was working with users that love it and hate it at the same time. It is an excellent business tool, but talking about business scorecards it can effectively support only prototype stage, when company start thinking about proper KPIs. The Balanced Scorecard is not only about KPIs. If top managers want to use BSC to execute a strategy effectively then need to have a strategy map and cascade the main scorecard to department levels. We are talking about this in implementation plan section. Unfortunately, Excel cannot be used on this level. But, you can still keep some important data in your spreadsheets and BSC Designer will make access to this data easy.

The Program is Easy to Use Because It Uses a Rational and Simple Logic

It has been useful for controlling the goals of the people. Show to the stakeholders the results.

Check out LinkedIn Profile Tiago Nascimento, director, Ocean Industria Quimica, Brazil

The product is excellent and integrates diverse areas of the company to the same objective.
We can control the KPI of the company and see the status of the projects.
The product helps us to have a clearer view on how our goals are achieved and accompanies them during the project period. It helps to align the team to know the current status of the projects, if they are late, on time or already achieved. We can send the file to anyone who can update the information and let everyone stay abreast of any developments. The program is easy to use because it uses a rational and simple logic. Just follow the sequence so that the person filling out the fields with the information can do so. This is important because it enables access to people who do not have much knowledge of computers.

A note from developers:

Thank you for your detailed feedback. We believe that a simple installation of the Balanced Scorecard software is one of the success factors of our tool. One doesn’t need to call a system administrator because of expensive database installations are not needed. Our product is distributed as a single installation file and the program is installed on a manager’s PC in a minute, not days. Additionally, there is a BSC Designer Online that works as a web-based service. There you don’t need to install or maintain anything, just sign up and start using the software online. Anytime you can download a .BSC file that is compatible with a desktop version.

The “clearer view” effect that you mentioned is actually what many other users reported. As you can see the software is not a magic pill, it won’t replace employees or important business process, but it will add logic and provide a top level view to a project or the whole company. That’s what others call a shift from “doing a job” to “helping a company to achieve its goals.” When any initiative of an employee is aligned with a specific business objective, there is a KPI that tells a manager if an employee is on the right track. With this approach there are many more chances to execute a complex strategy properly.

Your initial feedback was about older version of BSC Designer. In the latest version the program will help even more in formulating business objectives, aligning them with KPIs and action plans and representing information on the strategy map.

As for data entry, both desktop and web-based editions support various data importing functions. One of the most popular is an access to the data saved in MS Excel spreadsheet. For sure, it is still possible to access an external database or enter data manually.

Plan to Implement BSC Designs in a Diverse Set of Business Domains Using this Software

Hope to implement BSC designs in a diverse set of business domains using this software.

Suman Rao, Mumbai

The BSC quartet of Objectives, Measures, Targets & Initiatives of the Learning & Growth perspective is aimed at answering the following question. To achieve our vision, how will we sustain our ability to change and improve. However the links between this perspective of the BSC and creating/sustaining a Learning Organization are not very apparent. According to Peter Senge, a learning organization has the following five characteristics: systems thinking, personal mastery, mental models, a shared vision, and team learning. It is difficult to explain in 300 words how to achieve Senge’s Learning Organization through Kaplan & Norton’s BSC but a few pointers in this direction are helpful:

  • Evolving methods of Systems thinking in an organization can be a rather vague task-it can be rendered more concrete by using the BSC quartet of Objectives, Measures, Targets and Initiatives in all of the perspectives. This involves reorganizing the strategy maps from a systems point of view.
  • To some extent personal mastery is typically addressed by Organizations through appropriate Objectives and measures in the L&G perspective – however, achieving mastery needs concrete links to training effectiveness. It is possible to link up training effectiveness models such as the (revised) Donald Kirkpatrick model to the BSC , particularly using the L&G perspective quartets
  • Mental Models: BSC is a very natural tool to draw out espoused theories and move towards a consensus culture. This will involve weaving in values alongside the quartets in the BSC
  • In my view, development of shared vision has been very thoroughly addressed in the BSC scheme of things- so it fits in perfectly with Senge’s 4th characteristic of a Learning Organization
  • Objective mechanisms can be established using the BSC quartet to achieve Team learning and knowledge management using emerging techniques in collaborative and cooperative learning.

In conclusion Kapalan & Norton’s BSC and Peter Senge’s Learning Organization are mutually complementary concepts and it is high time their synergies were used in an integrated manner by organizations- especially those, who seek to be one up on their competition using the tool of BSC.

Related Articles

Posted in BSC Designer Testimonials

What is BSC Designer?

BSC Designer is a balanced scorecard software available as a cloud-based service and Windows desktop application.

Getting Started with BSC Designer

Try BSC Designer for free

Download BSC Designer

Who uses BSC Designer

According to our users, BSC Designer is easy to install, configure and it helps a lot with Balanced Scorecard, strategy maps, and KPIs.

BSC Designer Customers

Training for the software

To make it easier for the users to get started, we have a lot of free training materials for the software.

Video manuals for BSC Designer

Customer support

Should you have any questions, we are at your disposal.

Pricing and buying

How much does BSC Designer cost? It depends on the configuration that you prefer. Use this price calculator to find out the total cost, get an official quote, and buy the software.

What Balanced Scorecard is all about?

Fast Track explains complex ideas in a simple way Check out Strategy Scorecard Fast Track to find easy explanation of the most important complex ideas.
  • What is a Balanced/Strategy Scorecard?
  • How to build a good strategy map?
  • How to find winning KPIs?
  • How to cascade strategy?
  • How to implement scorecard
Learn all the nuances quickly and ask follow-up questions to BSC expert. Learn more...

What are your current challenges?

We help our users to get started with Balanced Scorecard, strategy maps, and KPIs. Here is a list of frequently asked questions and respective answers to them.

Q: What is the Balanced Scorecard?

Big picture about Balanced Scorecard A: Check out: Get the big picture about Balanced Scorecard article.

Q: I'm looking for a KPIs... how do I find good ones for our business?

How to find a KPI for... A: Check out our recommendations.

Q: Do you have some examples of the Balanced Scorecard?

Examples of Balanced ScorecardA: Sure, we have some here.

Q: Balanced Scorecard is about strategy execution, right? But what is a strategy?

Define strategy, create strategy mapA: Check these articles about strategy definition and creating strategy map.

Q: How do we cascade our top level scorecard throughout the company?

How to cascade a strategy mapA: Do it by business goals, some examples will also be useful.

More questions and answers...

BSC Lessons

Download BSC Designer and we will follow up with you with lessons about the Balanced Scorecard:

BSC Designer experts

Aleksey Savkin Performance Management and Balanced Scorecard

Kazim Ladimeji HR KPIs and Performance Expert

Levi Newman Effective KPIs and social metrics

Oana Boteanu Performance Management

Oleg Tumarkin Business Measurements

Upcoming events and talks

We organize, sponsor, and participate in various events related to the strategy execution.

  • "Building Balanced Scorecard Step by Step." 15th July, 2017, online training. Read more...

BSC Designer Roadshow in Athens, Greece, June 9-15, 2017. - Firsthand experience with BSC Designer software Drop us a note if you want to meet up at these events.

Online training: Build BSC step by step

The best way to get started with the Balanced Scorecard is to join our online training.

Balanced Scorecard Training Online Strategy map, KPIs, cascading - it might be hard to put it all together. In the online training "Building BSC Step by Step" we explain all the nuances in simple words and help companies to build a prototype of their balanced scorecards.

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Whether you are looking for a professional Balanced Scorecard software, or just researching information about Balanced Scorecard and business strategies, we recommend you to download and try our BSC Designer software (no credit card is required).

We will follow up with you with lessons about the Balanced Scorecard and will keep you informed about the trending articles on bscdesigner.com

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