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    BSC

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    Home » BSC

    The Challenge

    The Balanced Scorecard (BSC) is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.

    It was originated as a performance measurement framework that added strategic non-financial performance measures to traditional financial metrics to give managers and executives a more “balanced” view of organizational performance. The Balanced Scorecard has evolved considerably from its roots as a measure selection framework. Nowadays, it is one of the main frameworks to guarantee corporate alignment and business performance within organizations through scorecards and dashboards that provide drill down / up capability to identify sources and root causes for under-performing metrics in all levels and departments.

    BSC Solution

    SoftExpert offers the most advanced and comprehensive software solution for compliance management that meets the stringent needs of various global regulations. SoftExpert Excellence Suite helps companies adhere to Balanced Scorecard methodology while lowering the costs of compliance, maximizing success, increasing productivity and reducing risks.

    The SoftExpert solution enable organizations to drive strategy execution through all levels, track and manage performance metrics across multiple perspectives and create a rich set of strategy maps, KPIs, scorecards, analyses and reports. With online collaboration capabilities, the organization and managers can communicate and be updated on the progress of the operations, involving more users, teams, offices and business units with a systematic and unified approach in turning the strategy into action.

    BSC

    • Strategy planning (Strategy Map)

      Strategy planning (Strategy Map)

    • Measuring and monitoring

      Measuring and monitoring

    • Initiative management - Gantt

      Initiative management - Gantt

    • Executive summary

      Executive summary

    Main Benefits

    Promote a culture of performance.

    Promote strategic alignment.

    Improve communications, both internally and externally.

    Emphasize strategy and organizational results.

    Provide strategic feedback and learning.

    Drive strategy execution.

    Clarify strategy and make strategy operational.

    Identify and align strategic initiatives.

    Link budget with strategy.

    Conduct periodic strategic performance reviews.

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    More Resources

    Featured Resources

    Ebook

    8 Essential Features of Great Performance Management Solutions

    Read this eBook to find out which are these features and how they can help on the overall organization’s performance.
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    White Paper

    The Balanced Scorecard and the Business Excellence Model

    The valuable synergy that can exist between these two different tools, EFQM and BSC.
    Learn more
    DOWNLOAD

    Webinar

    IT strategy maps: an effective tool for corporate alignment

    Making strategy visible in a strategy map makes it easier to communicate and drive alignment.
    Learn more
    Watch now
    More Resources

    See also

    SoftExpert Performance
    SoftExpert Excellence Suite
    SoftExpert CPM
    SoftExpert GRC
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    SoftExpert
    • Products
      • By business needs
        • Overview
        • Business Process Management – BPM
        • Corporate Performance Management – CPM
        • Enterprise Asset Management – EAM
        • Enterprise Content Management – ECM
        • Enterprise Quality Management – EQM
        • Enterprise Risk Management – ERM
        • Environmental, Social and Corporate Governance Management – ESG
        • Governance, Risk and Compliance Management – GRC
        • Human Development Management – HDM
        • Innovation and Change Management – ICM
        • Enterprise Service Management – ESM
        • Product Lifecycle Management – PLM
        • Project and Portfolio Management – PPM
        • Supplier Lifecycle Management – SLM
      • By industry
        • Overview
        • Aerospace and Defense
        • Agribusiness
        • Architecture, Engineering & Construction
        • Automotive
        • Chemicals
        • Consumer Goods
        • Education
        • Energy & Utilities
        • Financial Services
        • Food & Beverage
        • Healthcare
        • High-tech
        • Medical Devices
        • Mining & Metals
        • Pharmaceuticals & Biotechnology
        • Public Sector & Associations
        • Retail
        • Transportation & Logistics
      • By regulation
        • Overview
        • AS9100
        • BPMN
        • BSC
        • CBOK
        • CMMI
        • COBIT
        • COSO
        • FDA 21 CFR Part 11
        • FDA 21 CFR Part 820
        • FSSC 22000
        • GDPR
        • IATF 16949
        • ISO 10015
        • ISO 13485
        • ISO 14000
        • ISO 15189
        • ISO 19011
        • ISO 20000
        • ISO 22000
        • ISO 22301
        • ISO 26000
        • ISO 27001
        • ISO 31000
        • ISO 37001
        • ISO 45001
        • ISO 50001
        • ISO 55000
        • ISO 9000
        • ISO/IEC 17025
        • ISO/TS 14253
        • ITIL
        • OHSAS 18000
        • PMBOK
        • Six Sigma
        • SOX
      • All products
        • Overview
        • Action Plan
        • Analytics
        • APQP-PPAP
        • Archive
        • Asset
        • Audit
        • Calibration
        • Capture
        • Competence
        • Customer
        • Document
        • FMEA
        • Form
        • Incident
        • Inspection
        • Kanban
        • Knowledge Base
        • Maintenance
        • Meeting
        • MSA
        • PDM
        • Performance
        • Portfolio
        • Problem
        • Process
        • Project
        • Protocol
        • Request
        • Requirement
        • Risk
        • SPC
        • Storeroom
        • Supply
        • Supplier
        • Survey
        • Time Control
        • Training
        • Workflow
      • SoftExpert Excellence Suite
      • SoftExpert Excellence Suite
    • Services
      • Overview
      • Training
      • Cloud Computing
      • Consulting and Implementation
      • Customization Services
      • Integration
      • Performance Optimization
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    • Company
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