Trend lines can be used as a predictive tool. They are derived from simple linear data sets and offer some guidance within a business context. A linear trendline usually shows that something is increasing or decreasing at a steady rate. Just a note of caution in business, select an appropriate range that correctly reflects the true trend. Short-term ranges could be misleadi ...
XMR charts look at the process rather than the output to determine variation and subsequent action. They postulate that all systems are flawed and accordingly routine variations are common place and don't necessarily reflect an output that needs correctionable action. Given that management is a resource allocation issue, XMR suggests that management can be over reacting to variation and ...
A Pareto is simply a bar chart that arranges categories (Bars) from the largest on the right to the smallest. This effectively flags importance to critical outcomes and allows you to focus on outcomes that matter and not tie up resources in areas that would provide minimal returns. The chart also incorporates a cumulative percentage line that allows you to view the contributions added by eac ...
We are open to all forms of improvement and offering suggestions is a great way of getting all the features you want in your Balanced Scorecard Software. If you feel the system lacks something, is not clear in its functionality, or something can be done better then by all means send us a message. We'll be more than happy to consider any valid improvement for future implementation. ...
Your Scorecard is the summary outcome of your metric data. In effect your results page, a Simple Snapshot that keeps everyone informed and enlightened. Your Perspectives, Objectives, and Metrics are tabulated as a one-page reportable document. Share, Print or export. Provides instant meaning as to the effectiveness of your strategy. Simply select your Business/Bu ...
Workbench provides you with the tools to report, in any way, the metrics in your scorecard. You may wish to isolate problem metrics or flag those requiring special attention. You can Report on the metrics selected via Print, Share through email, Export or our Presentation mode. Presentation mode allows you to display your results in a Power Point "like" format. Save ...
A clear picture of your strategy, your Strategy Map highlights performance, relationships and is a great communication tool for your organisation or interested third parties. Contents of your Strategy Map Vision, Mission and Core values. These can be easily edited by clicking the text box and are also contained in the main header menu under Manage Businesses. Add Objectives as you s ...
Your Overview Page contains all you need to get started on your Balanced Scorecard and see instant results. Common Pitfall - trying to add additional Perspectives, Objectives and Metrics when the existing ones already total 100%. You have a total of 8 Perspectives, 4 Objectives for each perspective and 6 Metrics per Objective. To a ...
Weighting is effectively the assigning of relative importance of your Perspectives, Objectives and underlying metrics; to the realisation of your strategy. This is done by giving your measure a value (out of 100) to reflect it's value. Consider that to achieve increased sales, two things need to happen; sales training and open a new geographical market. You know that sales tr ...
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