KPI Management Solutions have developed a tried and tested methodology for implementing a single balanced scorecard in just 7 days. We start the process by reviewing your business strategy and translating it into strategic objectives, measures, targets and initiatives.

What you get is a live balanced scorecard solution on a web based system with

• Professional facilitation throughout the process
• A strategy map
• Traffic light reporting on all measurements
• Drill down to KPI trends
• Ability to add weightings to KPIs
• Ability to create commentary, tasks and risks
• A management meeting pack
• Risk reports
• Task List
• User training manuals
• Personal page per user showing KPI responsibilities and tasks
• Ability to cascade the system to other parts of the business.

What you need to provide:

• 3-5 days of dedicated time of management (for whom the scorecard is being built)
• 3-5 days of couple of process experts (in the business) who can provide the KPI data and definitions
• Historical Actual data
• Targets for each KPI once identified
• Spreadsheet of who will see what data (security details)
• Project manager or coordinator to schedule meetings and communicate with the business team
• IT technician to assist with connectivity

Optional Extras

• Installing the software on site
• Automation of data loading
• Child and consolidated scorecards
• Project Management
• Customized look and feel to fit in with corporate ID

Out of scope

• Extraction of raw data from underlying systems to populate the scorecard
• Children scorecards
• Personal Scorecards

Agenda

Day 1

• Define Objectives
• Define Measurements Part 1

Day 2

• Define Measurements Part 2
• Set Targets

Day 3 & 4

• Build scorecards
• Capture Data

Day 5

• Test solution

Day 6

• Set-up user security
• End-user testing
• Establish connectivity and prepare users computers

Day 7

• Train team
• Sign-off
• Go Live