What can the Balanced Scorecard Enable an Organisation to do?

· Define strategic objectives and map these using a strategy map

· Develop clarity around the organizational strategic objectives

· Define a set of Key Performance Indicators (KPIs) for each objective

· Align the organisational change agenda to deliver the objectives via initiatives and actions

· Encourage the right performance culture using the RACI model to define ownership and governance

· Enable Theme-based management

· Automate performance dashboards and reporting, while enabling advanced analytics

· Encourage a collaborative approach to delivering performance via commentary, alerts and other web 2.0 collaboration capabilities 

Upcoming Stratex Systems events (copy of email)

“StratexPoint enabled us to reduce our operational losses by 60% and our economic capital provision by 23%” - Head of Operational Risk – Financial Services.

Stratex Systems invites you to join us to learn how organizations like yours are employing our Enterprise Risk Management solutions to deliver strategic business value.  Our webinar, Leveraging StratexPoint for Enterprise Risk Management, will discuss how you can –

• align risk appetite with risk exposure
• reduce operational losses
• integrate strategy and risk initiatives
• provide a sustainable risk management culture that actually influences daily decision making
• anything else you might want to add  – click here to submit a question

Click here for more information

About StratexPoint

StratexPoint is an enterprise-wide performance and risk management solution. Built on Microsoft's SharePoint platform, it helps organisations clarify their strategic objectives and determine how much risk they are prepared to accept in the execution of their strategy.

Click here for a client case study

Also, mark in your calendar for our upcoming events

8 March - Webinar, Leveraging StratexPoint for Balanced Scorecard.

23 March -Executive briefing (with Microsoft UK) – Enabling Enterprise Risk Management

We look forward to you joining us.

Background of the Balanced Scorecard

The Balanced Scorecard is one of the most widely deployed performance management methodologies in organisations today. In fact, the Balanced Scorecard concept was selected by the editors of the Harvard Business Review as one of the most influential management ideas of the past 75 years.

Developed in the early 1990s by Dr Robert Kaplan and David Norton, the Balanced Scorecard was designed to provide a framework to enable organisations to manage with a balanced set of financial and non-financial information. Since its inception the Balanced Scorecard, along with the Strategy Map, has evolved to enable organisations to address the challenge of strategic execution. Strategic execution continues to be a major challenge for organisations, with up to 70% failing to execute their strategy fully and successfully.