Defining Management Scorecards

A management scorecard, commonly referred to as a balanced scorecard, takes an organization's in-the-background business plan and converts it into daily marching orders.

Instead of passively working towards company goals, a management scorecard sets the stage for what needs to be done in the future and lays out the plan on how to get there.

It accomplishes this goal by "scoring" the business and its employees in different categories which, in turn, allows management to see where action needs to be taken. It provides a framework and enables executives to truly execute their business strategies.

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Why Implement a Balanced Scorecard for your Business?

  • Places a strong emphasis on strategy and results
  • Aligns organization strategy with employees' daily tasks
  • Focus on what will drive future success
  • Enhance organizational performance by measuring only the important metrics
  • Improves internal communication of vision and strategy
  • Makes deviations from plan recognizable
  • Prioritizes plans and projects

How InetSoft's Solution Helps

Our software offers capabilities for data mashup, which enables data from disparate sources to be combined for a unified view of corporate performance. This is especially important for management scorecarding since the key performance goals span multiple departments and operational systems.

InetSoft’s drag and drop software allows developers and even end-users to quickly create sophisticated scorecards and dashboards. With intuitive point-and-click capabilities, managers can drill into scorecard metrics to identify root causes of performance problems for faster responses.

The server-based application can be installed in hours, not weeks, and requires only a browser on the client device, whether it’s a PC, Mac, mobile phone, or tablet (including those running Apple’s iOS).