Sales Backlog stands for the amount of sales orders that a company has received but has not completed yet, also referred to as order backlog or BI. The perception of the impact backlog orders have on a company varies. The majority of companies measure their backlog rations in sales values. If the backlog sales value … Read more
Sustainable growth is a key theme of most corporate strategies today. In this article, we will discuss the ways to implement pillars of sustainability (ESG) into strategy. The content of the article: Introduction. What is sustainability? Part 1. Sustainability KPIs Part 2. Building a Sustainable Balanced Scorecard What Do We Mean by “Sustainability”? “Sustainability” is … Read more
Universities all over the World use the Balanced Scorecard concept. They apply the concept to: Internal processes Students scoring Educational purposes Our customers from the educational industry use BSC Designer as a software tool to demonstrate the Balanced Scorecard concept in action to their students. As an effort to help educational professions understand the Balanced … Read more
Below is the version history for the BSC Designer. April 2024 updates: Some major improvements have been introduced to the reports: Each report profile is now composed of fragments, with each fragment being individually configurable. Fragments can now be configured to display charts (Time and Gauge). A fragment can present a view of indicators aggregated … Read more
Learn how to manage with Scorecards, KPIs, and Strategy Maps in BSC Designer PRO. Getting Started with BSC Designer Welcome to BSC Designer PRO. This “getting started” video will help our new users to understand what BSC Designer is all about. Setup KPIs in BSC Designer Build a strategy map, process map, or geo dashboard … Read more
This article focuses on case study of a Mexican company GB PLUS, S.A. DE C.V. The company operates in the Payroll discount financing industry. They sell cash loans, electronics and business start-ups to syndicated personnel that work for the federal and states governments in México, and get paid via a discount on their payroll. Start of … Read more
The Balanced Scorecard is a popular strategy execution framework. In this article, we’ll explore the possibilities of applying this business tool on a personal level. Why get started with a personal Balanced Scorecard: Case 1. Learning the BSC concept Case 2. Mapping personal goals Case 3. Preparing for scaling business Case 4. Personal employee … Read more
Review an example of the non-profit scorecard: learn how nonprofit organizations can use the Balanced Scorecard framework, find out what objectives and indicators should be mapped in the financial perspective. Recently I was approached by an executive director of a nonprofit who asked me about the possibility of the Balanced Scorecard implementation in their organization. His biggest … Read more
Futura, a custom aluminum extrusion company, realized that their employees were their greatest asset in a competitive marketplace, and the foundation of their success in customer service, operations and profitability. They used the Balanced Scorecard approach to make employee retention and support a priority, implementing a suite of human resource tools and effecting a significant … Read more
10 questions to Balanced Scorecard Expert James Creelman, independent Balanced Scorecard consultant and author