Balanced Scorecard
The balanced scorecard is used to align business activities to the strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.
Get an at–a–glance, personalized view of your business, all in real time. Everyone from executives to managers are never more than a few clicks away from the insight they need to make smart business decisions to contribute to corporate objectives.
LogicManager links key performance indicators (KPIs) and key risk indicators (KRIs) to business processes to help employees achieve their management objectives and align them with corporate objectives at the same time. Gain transparency by using standardized evaluation criteria to compare different initiatives, like cost–cutting, budgeting or revenue generation, on an apples–to–apples basis.
Gain alignment with dashboards and reports that put business metrics in context of goal achievement by connecting them to specific balanced scorecard objectives, key root cause risks, and compliance constraints they monitor.
In addition to traditional corporate objectives and strategic planning capabilities, LogicManager enables you to
- Prioritize business metrics based on the importance of the risks and goals they monitor.
- Manage new business opportunities and prevent losses from business risk.
- Define and communicate roles, responsibilities, tasks and measures.
- Align all business process goals and objectives with actionable and measurable activities.
View our video white paper One Shared ERM Infrastructure on how to use a common ERM software-as-a-service platform to more effectively achieve corporate strategic objectives.