How to Implement Balanced Scorecard: Great Deals from BSCDesigner.com


Posted October 4, 2012 by waqarali

Strategic management and performance evaluation requires special skills and knowledge, as well as use of specialized software.

 
Evaluation of business performance is definitely a part of any strategic management framework. Today, there exist lots of different ways to measure performance of employees and companies in general. However, Balanced Scorecard is so far the most effective and easy to implement tool in the market. This strategic management framework was created and introduced by two business gurus Drs. Norton and Kaplan in early 1990s.

Sure, by that time business world already used a few popular strategic management concepts, such as Kaizen or Six Sigma. The secret and beauty of Balanced Scorecard was the ability to cover all factors influencing success in any business, including non-financial ones. Sure, to implement BSC managers need knowledge, skills, applications and related products, like BSC templates and samples, that AKS-Labs company is happy to offer.

The company has been in this market for over 7 years, so AKS-Labs specialists know what it takes to implement Balanced Scorecard, choose the right KPIs (key performance indicators), manage scorecards according to changes in the strategic goals etc.

Company website features lots of software and non-software products related to BSC and strategic management in general. Thus, both seasoned BSC consultants and beginners will find helpful information, guides, templates and applications. So far, AKS-Labs offers 4 basic BSC software types: PRO version of BSC Designer which is extremely powerful and crammed with various features helpful in creating strategy maps, Standard version which has fewer features but can be effectively used to input info into BSC, web based and freeware of BSC Designer that have basic functionality.

Yet, apart from BSC software solutions it is very important to educate yourself and learn the ropes of BSC by studying a good balanced scorecard template. Such templates are samples with designs of strategy maps, sets of key performance indicators, scorecards demonstrating cause and effect ties between BSC categories and measures etc.

We at AKS-Labs understand that it may be not easy to get started with Balanced Scorecard. In fact, stats show that problems tend to emerge at the initial implementation stages. So, products found at the site will certainly help inexperienced managers gain elementary BSC knowledge and create samples scorecards. They say that the best way to learn is to practice, and we at AKS-Labs cannot but agree.

To successfully implement balanced scorecard, use products and services of AKS-Labs which are intuitively simple, yet extremely informative and effective. All customers are entitled for a free support, besides, there are lots of additional BSC trainings that will help better understand the mechanics of this strategic management framework and its obvious benefits.

BSCDesigner.com features lots of free products, articles, case studies and other BSC related information that can be in handy when mastering BSC or creating business scorecards.

About the company:

AKS-Labs is a leading provider of BSC consulting services as well as a developer of Balanced Scorecard applications, software and non software product related to strategic management and performance evaluation - http://www.bscdesigner.com/
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Issued By Robert Elliott
Country United States
Categories Business
Last Updated October 4, 2012