Written by

Bernard Marr

Bernard Marr is a world-renowned futurist, influencer and thought leader in the fields of business and technology, with a passion for using technology for the good of humanity. He is a best-selling author of 20 books, writes a regular column for Forbes and advises and coaches many of the world’s best-known organisations. He has over 2 million social media followers, 1 million newsletter subscribers and was ranked by LinkedIn as one of the top 5 business influencers in the world and the No 1 influencer in the UK.

Bernard’s latest book is ‘Business Trends in Practice: The 25+ Trends That Are Redefining Organisations’

View Latest Book

Follow Me

Bernard Marr ist ein weltbekannter Futurist, Influencer und Vordenker in den Bereichen Wirtschaft und Technologie mit einer Leidenschaft für den Einsatz von Technologie zum Wohle der Menschheit. Er ist Bestsellerautor von 20 Büchern, schreibt eine regelmäßige Kolumne für Forbes und berät und coacht viele der weltweit bekanntesten Organisationen. Er hat über 2 Millionen Social-Media-Follower, 1 Million Newsletter-Abonnenten und wurde von LinkedIn als einer der Top-5-Business-Influencer der Welt und von Xing als Top Mind 2021 ausgezeichnet.

Bernards neueste Bücher sind ‘Künstliche Intelligenz im Unternehmen: Innovative Anwendungen in 50 Erfolgreichen Unternehmen’

View Latest Book

Follow Me

Balanced Scorecard Software Explained

2 July 2021

Balanced scorecard software offers a new way of looking at your business that will transform how that business works, helping you achieve your corporate goals.

Everybody is aware of the role of consultants whose job is to parachute into organisations and help improve performance or solve internal hitches. But there is a simpler, more cost effective and accessible way to monitor your business using balanced scorecard software.

Balanced scorecard software – The Basics

The Balanced Scorecard was developed as a framework to measure performance and to highlight the leading and lagging indicators in a business. What made this model different is it focused on the positive as well as negative performance indicators. The key to the Balanced Scorecard was to view performance from a variety of angles – the traditional complimentary angles being:

  • Financial
  • Customer
  • Internal
  • Learning

Good Balanced Scorecard Software will help reveal the links, strategies and direction at work in your organisation. The strategy is revealed by the Balanced Scorecard Software by illuminating:

  • The Critical Success Factors
    Critical success factors are what make an organisation successful, Balanced Scorecard Software will identify whether the critical success factors are understood.
  • Performance Management
    Balanced Scorecard Software can routinely measure performance and targets.

Balanced Scorecard Software therefore can be a vital management performance tool. It can offer strategy mapping to help achieve organisational success. Balanced Scorecard Software can help the user see at a glance how the organisation is performing. It allows you to have an overview via the ‘dashboard’. As such, Balanced Scorecard Software offers a crucial performance management tool – using software applications, you can bring together this vital data, which can be analysed and communicated throughout the company or to external stakeholders.

Balanced Scorecard Software will cast a new light on your business, helping you adjust activities in order to achieve your goals. It allows you to understand your business on every level, helping you view it from every angle and perspective, giving you the balance your company needs to achieve and succeed.


Business Trends In Practice | Bernard Marr
Business Trends In Practice | Bernard Marr

Related Articles

Why Every Brand Must Create Immersive Experiences For Their Customers

Are we becoming less material? It certainly seems that way. Research shows that today’s consumers increasingly prioritize experiences over material goods[...]

C2C

Why Every Business Must Consider The Platform (or C2C) Trend

It’s where customers connect with other customers to communicate or trade goods/services, usually via an intermediary platform like Facebook, Uber or Etsy.[...]

How Will Manufacturing Companies Use The Metaverse?

Manufacturers are already using metaverse technology to speed up product design, train employees, and streamline processes. What is the future of manufacturing in the metaverse?[...]

Why Every Business Must Embrace Personalization And Micro-Moments

The successful brands of the future will be those that can identify customers’ needs in the moment, and respond to those needs with thoughtful, personalized solutions.[...]

Future Proof Your Business With AI In Products And Services

There’s really no escaping artificial intelligence (AI) and the Internet of Things (IoT). It seems pretty much anything can be made smart these days – and that goes for services as well as products.[...]

The 4 Biggest Future Trends In The Financial Sector

And our relationship with money – how we use it, who we trust to look after it, and how we as financial customers expect to be treated[...]

Stay up-to-date

  • Get updates straight to your inbox
  • Join my 1 million newsletter subscribers
  • Never miss any new content

Social Media

0
Followers
0
Followers
0
Followers
0
Subscribers
0
Followers
0
Subscribers
0
Yearly Views
0
Readers

Podcasts

View Podcasts