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PeopleStreme Balanced Scorecard software is a fully integrated Strategic Planning system for organisations using the Balanced Scorecard methodology to optimize workforce performance. By combining our Strategy Mapping services, Performance Management principles can be applied to any combination of Financial scorecard objectives, employee, process or customer perspectives. This enables organisations to clearly define Strategic Planning and Operational goals and cascade these to every business unit, thereby linking all the organisational human capital into a single set of targets. The problem with most strategic scorecard initiatives is that they break one to two levels below the CEO through a lack of management and employeee engagement. Effective communication and goal setting is enhanced by also providing non standard perspectives such as behavioural, compliance and innovation.
PeopleStreme Balanced Scorecard System is designed for organisations who use the BSc methodology and want to ensure that every person understands their part in achieving the Balanced Scorecard metrics and goals.
Features
- Report on progress of departments and individual employees
- Report on progress on all goals
- Report on progress of specific quadrants
Product Highlights
- Set metrics and goals in the four Balanced Scorecard Quadrants
- Cascade goals and metrics to team members
- Restate Organisational and Departmental goals at every level in the organisation to ensure that each employee understands their role in achieving the organisations goals
- Report on progress in any Quadrant or on all Quadrants
- Align Employees plans with the organisations plans
- Fully integrated with your Payroll system reduces on going administration
- Fully integrated with other modules means that you can truly manage your Human Capital to performance outcomes
- Optional link to remuneration module enables bonuses to be tied to the achievement of goals and metrics
Value to the Organisation:
- Focuses Line Management on achieving the goals and metrics of the organisation
- Ties every employee to the strategic and operational plans of the organisation
- Drives Strategic and Operational Performance
- Provides clear accountability framework
- Provides instant reporting for management action
Advantages over existing Practices
- Turns existing paper or spreadsheet implementations into a living breathing process for every employee
- Moves ownership of the Balanced Scorecard from the CFO’s office to every manager and employee
- Drives the achievement of metrics down into the organisation with full visibility back up the chain of command
Balanced Scorecard Software Functional Specification
| Intranet or ASP based |
Yes |
| Browser Delivered - “low IT requirement” |
Yes |
| Workflow via emails generated to users |
Yes |
| Metrics/Goals/Objective Performance Reviews |
Yes |
| Competency Reviews |
Yes |
| Development Reviews |
Yes |
| Employee Self Service |
Yes |
| Real Time Status for Managers & Staff |
Yes |
| Full Customization |
Yes |
| Interface to Payroll Data (reduces administration) |
Yes |
Metrics / Goals / Objective Setting
| Multiple Quadrant Support, Financial, Customer, Internal, Innovation and Learning |
Yes |
| Customised Quadrants |
Yes |
| Development Objectives |
Yes |
Reporting
| Multiple Quadrant Support, Financial, Customer, Internal, Innovation and Learning |
Yes |
| All Quadrants Report |
Yes | |