ScoreCards/Dashboards Aligning strategic and operational activities with company’s Mission and Vision is the ultimate goal to achieve enhanced corporate performance. However, measuring corporate’s performance and monitoring it in near real-time is what it takes for executives to achieve that level of maturity. Increasing use of balanced scorecards and its visualization via dashboards is making executive’s life easy.
A Balanced Scorecard defines what management means by "performance" and measures progress of various performance areas to track whether management is achieving desired results. The Balanced Scorecard translates Mission and Vision Statements into a comprehensive set of objectives and performance measures that can be quantified and appraised.
Similarly, maintaining consistent views of the business throughout an organization can be a challenging task. But everyone needs information they can use to focus on accomplishing the same organizational goals. Dashboards employ advance data visualization techniques and provide relevant metrics, alerts, and monitoring tools to everyone in the company who needs to understand business activities.
Provish team can help you identify the Key Performance Indicators in major functional areas and metrics to track the status of each. With effective use of Scorecards and Dashboards technologies, near-real time monitoring of such KPIs will empower management with the knowledge they need to remain competitive and proactive rather than responsive in the market conditions. |