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Common Risks and Challenges Impacting Strategy Execution
This blog discusses common problems encountered with strategy execution, each with typical causes and potential solutions.
How to Align Process Improvement with Strategy
Many organizations have strategy and process improvement teams working in siloes, both trying to move the organization forward in different ways. By aligning them to work together, there will be a better chance of improving objective performance.
Barely Hanging On – Strategic Agility in a Post-COVID World
The pandemic has impacted almost every organization in the world for the last two years. And many organizations did not have a system enabling them to be responsive to changes in their strategic environment.
Themes, Perspectives and Maps, Oh My!
A quick dive into understanding Strategic Themes, Perspectives and Strategy Maps and the differences between each and the relationship to one another.
A Recipe for Roasted Strategic Assumptions
Consultants have been telling the story about cutting the ends off the roast for years. Only they’ve been telling the story wrong.
Post Pandemic Lessons Learned: Can Your Business Survive and Thrive?
Successful business strategies for adaptation to a COVID-19 environment.
Achieving High-Performance Through a Continuous Improvement Mindset
A culture of continuous improvement (CI) is not easy to attain, but once in place, results in an organization that is steadily improving its performance over time.
The Role of Middle Managers in Strategic Thinking and Implementation
The need for middle managers to be explicitly involved and accountable for strategic thinking and implementation is an ongoing trend with no end in sight.
OKR, KPI and BSC: What is the Difference?
Even seasoned measurement practitioners have a hard time differentiating between Objectives and Key Results (OKR), Key Performance Indicators (KPIs) and Balanced Scorecard (BSC).
The Case for Strategy Certifications
Why would you NOT want the people in charge of charting the course for your organization’s future success be trained with a strategy certification?
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.
