AKS-Labs has released a version 1.4 of Stategy2Act Balanced Scorecard software.
[author:AKS-Labs Public time:May 31, 2006] |
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Strategy2Act is a Balanced Scorecard (BSC) support software. It is designed to help build a Balanced Scorecard. The new version 1.4 includes new metrics necessary to measure HR performance. Human resources practices have direct impact on general business performance. Typically, the most significant HR practices are viewed from 6 perspectives: rewards and accountability; collegial, flexible administration; recruiting and retention excellence, communications integrity, dedicated HR service technologies, prudent application of resources. Strategy2Act software provides cockpit interface, that represents actual progress in HR.
Also, Strategy2Act software includes metrics necessary to measure and control IT Security. New groups are “Risk Management”, “Contingency Planning”, “System Life Cycle”, “Personnel Security”, “Data Integrity”. The new scorecard allows to learn strong and weak points of organization IT security and suggest possible ways to solve security problems.
Balanced Scorecard is a conception that transforms strategy to action. Balanced Scorecard is a set of principles that facilitate the understanding of business strategy and goals. BSC is a methodology that converts strategy into real action.
Strategy2Act software is a tool that supports building a Balanced Scorecard system for a company, department or an individual. This program helps to build a system that will make it easy to go from strategy to action.
With Strategy2Act, you can build a strategy tree of your company. As follows from BSC experience, four perspectives are most important: Financial, Customer, Internal business processes and Learning. With Strategy2Act, you can use these perspectives or create your own.
For each perspective item, you can add a related goal. For instance, for the Customer perspective, the related goals are Response Time and Support Quality.
Strategy2Act has a balance function, so you can specify what perspectives and goals are most important for your company at this moment.
Strategy2Act will help you to measure your performance. For every perspective and goal, you can write a note telling what this goal is, how to measure it and what the target values are.
Once the strategy tree is created, you can add a scorecard. A scorecard allows you to analyze a solution in terms of your strategy. The Balanced Scorecard system connects the new solution or goal with your strategy.
You can rate a new solution and include your comment or related ideas. The Strategy2Act program shows the total score of a new improvement, so you can decide whether to start working with this solution or another one.
Strategy2Act has a wide reporting ability. You can generate a report containing only the strategy tree or a scorecard. You can save the report as an Excel file for further analysis.
The Strategy2Act program is a well designed support system for Balanced Scorecard conception, that helps to realize company's strategy and achieve it's vision.
You can download the 30-day evaluation version of Stategy2Act from www.strategy2act.com.
The single license of Strategy2Act is available for US$ 120
Otherinfo:AKS-Labs
2501 Blue Ridge Road, Suite 150,
Raleigh, NC 27607
877-257-4555
Printed From:http://www.free-press-release.com/news/200605/1149088198.html
Source:Free Press Release
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