Blog Archives

Balanced Scorecard vs. KPI Software – What’s the Difference?

Balanced Scorecard vs KPI Software - What

This article helps to make it clear what an organization needs now – automation with KPI software or Balanced Scorecard tool. First Generation Balanced Scorecard is the Root Cause of Confusion An earlier version of the Balanced Scorecard framework was perceived as a pure measurement tool. The only tangible difference

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Balanced Scorecard Software: Video Reviews of 8 Alternatives

Get an impression how the 8 Balanced Scorecard software tools feel like by watching official and user-made videos. Navigate Video Reviews BSC Designer Online ClearPoint Corporater KPI Fire OnStrategy QPR QuickScore StrategyKPI Balanced Scorecard Balanced Scorecard is a strategy execution framework. When compiling video reviews, we’ve tried to capture how

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The History and Significance of Software

Punch card Fortran Uni Stuttgart (3)

Every time you use a computer, smartphone, video game console, or many other electronic devices, you’re using something that runs on software. Some software is very complicated, while other software is fairly straightforward and designed only to do a few different things. Either way, the software is actually the most

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The Scientific Method – Hypotheses, Models, Theories, and Laws

The Scientific Method Blue

The scientific method is defined as the steps scientists follow to create a view of the world that is accurate, reliable, and consistent.  It’s also a way of minimizing how a scientist’s cultural and personal beliefs impact and influence their work.  It attempts to make a person’s perceptions and interpretations

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OKR Framework for Goal Setting and Self-Appraisal

2 Must-Have Hacks for an OKR Framework

OKR is an excellent tool to setup tangible goals and appraise achieved results. The Objectives and Key Results (OKR) framework is becoming popular these days. It has been adopted by Intel, Google, LinkedIn and others. It is lightweight, transparent, and supposed to be less biased. Key results make the objectives

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Mind Map vs. Strategy Map

Catch random ideas with mind map and present business goals with cause-and-effect logic on a strategy map.

Mind maps are an excellent technique used to outline and discuss various ideas. What about using mind maps for ideas about strategy? Is there a place for mind mapping when a strategy map is created? In this article, I’m going to share my experience, and I invite both strategy map

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8 Ways to Get More Insights from Customer Surveys

8 Ways to Get More Insights from Customer Surveys

Customer satisfaction, employee engagement, and product quality – all can be measured using surveys. In this article, we discuss 8 ways a business professional can improve their survey techniques to get more business insights with less efforts. This article is also available in Spanish. Here are the topics that we’ll

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Spreadsheet vs. Specialized Scorecard Software

KPI scorecard in spreadsheets like Excel vs. KPI scorecard in specialized software: PROs and CONs

When a company wants to build and automate a business scorecard, it decides between good old Excel and specialized software. Spreadsheets (like MS Excel or Google Sheets) doesn’t require any long training and are normally installed on many computers; at the same time, professional scorecard software provides some attractive functions,

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Project Management vs. Strategy Scorecard Software

Strategy scorecard software vs. project management software

When talking to prospective clients we often hear comments like: “I’m looking for a Balanced Scorecard software where I can assign a due date to my goal task, build a Gantt chart and add milestones…” It looks like there is some confusion between the solutions for the project management and strategy

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5 Steps to Establish a Good Performance Measurement Culture

Infographic: 5 Steps to Establish a Good Performance Measurement Culture

An organizational culture consists of the certain behavior patters that exist in any company. Bad performance measurement practices demotivate a team and induce unproductive behaviors, while better behavior patterns help to involve the team and significantly improve the execution process. In this article we will talk about: What a good performance measurement culture is, and How

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