Why Scorecarding & Dashboarding?

Businesses in the modern economy are in a constant balancing act which results in an emphasis on Performance Management. The traditional performance management activities like budgeting, planning, financial consolidation and reporting still play an important role but one of the main struggles in implementing successful performance management initiatives is how to communicate the strategy at all levels and align the employee performance with the corporate goals. In this area the scorecarding & dashboarding solutions are being used more frequent and with more sophistication than ever before, promoting accountability, collaboration and visibility of the key metrics across the organization.

Main drivers for Scorecarding & Dashboarding solutions:

1. Demand from Business & Management
   • Enable execution of the business strategy
   • Focus on business performance
   • Broaden use of management methodologies
     - Balance Scorecard
     - Six Sigma
2. Maturing the existing Business Intelligence solution into Performance Management solution

Some of the main challenges organizations are facing today in implementing successful Scorecarding & Dashboarding solutions are:

• Metrics must traverse the organization's value chain crossing divisional and functional group boundaries
• Maturing the existing Business Intelligence solution into Performance Management solution
• Proliferation of analytical silos makes it difficult to observe and manage performance company-wide
• Metrics are derived from multiple source applications and external data

Benefits

Scorecarding & Dashboarding as a management tool provides the executives with current information on the overall health of the organization and how well the corporate strategy is executed. The scorecarding & dashboarding tools can be used by all management levels to communicate the strategy and changes, achieve alignment across business units and ultimately help to align employee performance with the corporate strategy. If used appropriately the scorecarding & dashboarding solutions can provide the competitive edge to outrun the competition and remain profitable while facing challenges like acquisitions and mergers, or globalization.

Our Expertise

Sky Experience

• Numerous successful implementations of strategic, tactical and operational scorecards and dashboards
• Standards and best practices expertise accumulated from implementation in various industries and levels of complexity

Sky Knowledge & Expertise

Business & Management

• Performance Management expertise
• Business expertise in Manufacturing / Distribution and Baking metrics
• Exposure to business in other industries

Methodology & Architecture

• Business driven implementation methodology
• SkyWay Methodology with specific methods and templates for Scorecarding & Dashboarding
• Solution Architecture developed specifically to support Scorecarding & Dashboarding while leveraging the existing Data Warehouse / Business Intelligence implementations
• Architectural, presentation and navigation best practices and standards

Implementations

• Full Performance Management implementations, including Scorecarding and Dashboarding
• Corporate, cross-functional composed KPIs
• Deployment of comprehensive analysis paths for detail investigations

Best Practices

Samples of Scorecards & Dashboards