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Bringing Fresh Perspective to Your Strategy Team
Putting a strategy team together involves both the obvious need for expertise and not-so-obvious need for a fresh perspective.
Is Your Strategy Execution Crumbling as a Result of Too Many Projects?
Controlling the volume of projects is key to strategy execution.
Calling Your Shot: How to Set Targets
Much like the time that Babe Ruth supposedly called a shot in the 1932 World Series, Target Setting is a bold activity. This blog investigates various considerations when setting targets.
How to Measure Strategic Impact in a ‘Right Now’ World
Measurement is hard enough when things are “normal”. How do you measure impact when things keep changing?
How to Sustain Your Strategic Management System
Some organizations lose momentum once the plan is in place. This simple review meeting schedule can make all the difference.
Keep Your Unit of Measure Intuitive
I just ate 56 grams of bread. Did I eat too much? There is value in keeping your unit of measure intuitive.
Two Ways to Improve Employee Strategic Alignment
Strategic alignment can be improved with two simple actions: 1) regularly assessing goal alignment, and 2) training front-line supervisors on strategic alignment.
How to Cheat at Wordle Using Indirect Measurement
Indirect (or proxy) measurements can be useful in some cases. A good example of an indirect measure is currently being used to cheat at the game Wordle.
How to Test If Your Strategy and Team Are in the Weeds With One Simple Exercise
This one simple exercise to test (or spot check) your current strategy while you build it ensures it is at the right strategic altitude and is balanced.
Four Lessons in Strategy from the Game of Chess
Four lessons on how chess can improve strategy execution.
Contact us to find out how we can help your organization focus on strategy and improve performance.
Balanced Scorecard Software: Simplify Strategy Execution
Managing strategy effectively requires more than just spreadsheets and reports. Balanced Scorecard software helps organizations track performance, align teams, and make data-driven decisions—all in one place.
Why Use Balanced Scorecard Software?
Many organizations struggle with strategy execution because of:
❌ Lack of visibility – Teams don’t have a clear picture of progress.
❌ Disorganized tracking – Data is scattered across spreadsheets and reports.
❌ Misalignment – Goals and initiatives are disconnected from strategy.
The right Balanced Scorecard software solves these challenges by providing a structured, automated system to manage strategy efficiently.
Key Features of Balanced Scorecard Software
1. Strategy Mapping & Visualization
📌 Create interactive Strategy Maps to see how objectives connect.
📌 Ensure clear cause-and-effect relationships between goals.
📌 Align your team around a shared strategic vision.
2. Performance Measurement & Dashboards
📊 Track Key Performance Indicators (KPIs) in real time.
📊 Use custom dashboards for quick insights.
📊 Automate reporting to reduce manual data entry.
3. Goal & Initiative Management
✅ Link initiatives and projects to strategic objectives.
✅ Assign responsibilities and track progress.
✅ Ensure alignment between departments and leadership.
4. Automated Reports & Alerts
📢 Get real-time alerts on performance changes.
📢 Generate custom reports with just a few clicks.
📢 Ensure timely decision-making with up-to-date data.
5. Collaboration & Communication Tools
🤝 Foster team collaboration by sharing goals and updates.
🤝 Encourage accountability with role-based access.
🤝 Improve alignment across departments, locations, and teams.
Benefits of Using Balanced Scorecard Software
🚀 Increased Efficiency – Automate reporting and save time.
📈 Better Decision-Making – Access real-time insights.
🎯 Stronger Alignment – Ensure all teams work toward shared goals.
🔍 Improved Transparency – Provide leadership with clear performance data.
Choosing the Right Software
The Balanced Scorecard Institute formally recommends the Spider Impact, developed by Spider Strategies and co-marketed by the Institute, but also advises clients on the many excellent software options available, many of which are also partners of the Balanced Scorecard Institute. When selecting a Balanced Scorecard solution, consider:
✔ Ease of Use – Is it intuitive for your team?
✔ Customization – Can you tailor it to your organization’s needs?
✔ Integration – Does it connect with existing systems?
✔ Scalability – Can it grow with your organization?
Need help selecting the right software? Our team can guide you!
Get Expert Guidance & Support
The Balanced Scorecard Institute helps organizations implement the right tools and strategies for success. Whether you need software selection advice, implementation support, or training, we’re here to help.
📌 Training & Certification – Learn to optimize your Balanced Scorecard.
📌 Consulting Services – Get expert guidance on strategy execution.
📌 Software Support – Choose and implement the best system for your needs.
🔹 Ready to improve your strategy execution? Contact us today to explore your options!
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There are hundreds of balanced scorecard and/or performance management automation solutions available. Some of the options are specifically dedicated to performance management and/or the balanced scorecard, while others are designed for business intelligence, analytics or data warehousing but have modules dedicated to performance management.
