How to drive business performance with certainty
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Driving Business Performance with Balanced Scorecard and CXO Dashboards
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How to drive business performance with certainty
- 1. CXO Dashboards How to drive business performance with certainty © 2009 CXO Dashboards
- 3. Are you loosing track of your priorities? Have a ‘balanced scorecard’ approach for your strategic objectives. Have a dashboard for tracking your key goals and performance drivers. You need an approach & a tool to achieve your top goals with certainty.
- 12. Dashboard is a simple tool for managing complexity Powerful dashboard alerts – keep track everything critical Integrated to organization process & intranet – high collaboration Multiple options - choose the one for your requirements and budget Certainty of success Platform for innovation Quick ROI BSC Framework – proven methodology for strategy execution Role clarity and alignment Features summary Benefits
- 13. Do you have a dashboard in place that gives certainty in your journey? Dashboard – a powerful tool for leaders & executives Contact [email_address] for the scorecard solutions. www.CXOdashboards.com www.CXOinsights.blogspot.com Obama using the Federal IT Dashboard
Notas del editor
- In this presentation, I will explain - what a Business Dashboard is - how you can use a dashboard for improving your group’s effectiveness & performance.
- Several executives find it difficult to manage their strategic objectives with certainty. There are several reasons. - There are too many things to do; too many pressures to balance. - There is not enough visibility into the biz operations- at the same time bombarded with too much info. - They are unable to focus on top priorities.
- If you are loosing track of your priorities, you need an approach and a tool to achieve your top goals with certainty – just a project plan will not do. You need to have a ‘Balanced Scorecard’ approach for your strategic objectives. Balanced Scorecard is a popular methodology for executing strategy. Also you need a dashboard for tracking your key goals and the performance drivers.
- This is a basic dashboard built using ‘Balanced Scorecard’ principles. It shows result areas from four perspectives: Financial, Customer, Internal Processes, Learning & Growth. It has target and actual. It shows status as green/yellow/red. It can show the trends. It can show overall health using familiar dashboard interfaces. More about Balanced Scorecard at www.CXOdashboards.com
- You can have scorecards for business units and functions (such as Sales, HR, Admin, IT). You can have one for the entire organization.
- When Balanced Scorecard is done with only internal resources, it is likely to take too long or even get aborted because - Holistic view won’t be obtained. - Sub optimal use of a proven methodology. - Design skewed to the person’s function. - Inability to manage internal conflicts. - Lack of focus, being an internal project.
- CMMI aims to improve the software development process. However the success of a project and the organization depends a lot on the capability of the enabling processes such as HR, Admin, and IT. A dashboard initiative can align all the support functions with the delivery organization.
- Dashboard has already been implemented in top organizations. It is becoming popular even in Government Services, US. It promotes transparency and accountability.