Automating your Balanced Scorecard

Seminars                 Check out the "PIlot LIbrary of On-demand WEb seminars" 

Are you new to BSC concepts?  then read  "Introduction to Balanced Scorecard

Pilot info                  PilotWorks brochure  download here ...

Ventana Research comments on PilotWorks: "Pilots provides process to improve performance

MKC Papers            MKC's strategic management series: "Investment on intangible assets" Download white paper

 Why automate your Balanced Scorecard

Making the Balanced Scorecard a day-to-day management tool requires that management embrace and follow up an end-to-end approach to performance management, in which people, organization (processes) and IT are put together with the aim of achieving the strategic objectives.

In particular, the lack of an automated system makes the adoption of a Balanced Scorecard by the organization an up-hill task. Difficulties with updating performance information, keeping versions of performance reports, distributing performance information, obtaining feedback, etc can jeopardize the success of the whole project.

Your benefits from the MKC-Pilot partnership

Balanced Scorecard is one of these projects where the final result is more than the sum of its components. This is because BSC involves a close cooperation between each one of its participants: client, BSC experts and technology providers. If one of them is not well integrated, then outcomes will be limited. 

The partnership MKC - Pilot Software, the leading American performance management software house, has as its aim the maximization of clients' BSC returns by smoothly integrating technology through each step of the development process. This goal translates into:

  • the use of SW as a supporting tool during the design phase
  • users familiarized with the SW from the very beginning
  • easy testing of partial results
  • time saving with the SW implementation and BSC design proceeding in parallel.

What you get from automating your Balanced Scorecard with Pilot  

  • "My Home Page” for a personalized interaction with the Balanced Scorecard system.

    The module, which is comprised of My Bookmarks, My Performance Summary and My Alerts, allows users to track their own individual key performance indicators, objectives and initiatives that are important to them.

  • “Strategy Management” to describe and update strategy.                This module provides an interactive environment to allow users to understand the process of developing goals and provides a unified view of the strategic plan using a Strategy Map.

  • “Initiative Management” for structuring strategic actions and programs.

    Rooted in the knowledge that ownership fosters productivity, the Initiative Management module provides simple summary views of initiatives supporting overall objectives, as well as the milestones supporting each initiative, interdependencies between them, schedule and budget status.

  • “Scorecard” to follow strategy execution

    More than just a visualization tool, PilotWorks’ scorecard component contains multiple modules, including readiness-, objective- and KPI-based views that provide a centralized and personalized view of progress toward its desired outcomes.

  • “Dashboard” for easy visualization

    In addition to the traditional static view of summary information, PilotWorks’ Dashboards provide a way of focusing on key underlying analyses, allowing its management team to investigate the drivers of performance.

  • “Reports” to communicate and analyze results

    An easy-to-use interface enables users to quickly report ongoing progress toward objectives, while empowering users to customize analysis to their particular needs.

  • “Entry and Approval” for populating the Balanced Scorecard

    The system uses an easy-to-follow workflow system to help jump start performance management programs, significantly reducing the amount of time spent on metrics collection and approval.

Want to know more about our Balanced Scorecard services? 

Want to know more about our approach to building Balanced Scorecards? 

 

       Contact us            If you would like to know more about Pilot or our services, please send us an email   

   


Go back to MKC homepage - Go back to Balanced Scorecard homepage