Balanced Scorecard Software
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Balanced Scorecard
Balanced Scorecard Software

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

Please visit our main website at www.peoplestreme.com

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Last Updated: 3/5/07

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