Balanced Scorecard and Strategic Dashboards

From strategy to indicators

Translate strategy into measurable objectives

Define strategic objectives, link them to indicators and targets, assign owners and initiatives, and track their progress over time.

Strategic definition

Objectives and indicators

Strategic objectives
Indicators
Targets
Owners
Initiatives

Measurement

Values and measurements

Measurements
Current values
Target values
Historical values
Historical tracking

Four connected perspectives

A comprehensive view of the organization

The Balanced Scorecard organizes strategy into four perspectives connected to one another.

Finance

Financial results
Financial indicators
Profitability targets

Customers

Satisfaction and relationship
Customer indicators
Commercial objectives

Internal Processes

Operational efficiency
Process indicators
Continuous improvement

Learning and Growth

Team development
Capability indicators
Growth objectives

Results tracking

Values, trends, alerts and traffic-light status indicators

Compare actual, target and historical values, and identify variances with alerts and status indicators to prioritize decisions.

Current values

The present result for each indicator.

Target values

The target defined for each measurement.

Historical values

The evolution of results over time.

Alerts

Notices when an indicator deviates from its target.

Traffic-light Status Indicators

A visual status of each objective at a glance.

Strategic analysis

Analyze the strategy from different angles

Break down results by perspectives, strategies and objectives to understand which variables explain each variance.

Perspectives

Analysis by perspective

Finance, customers, processes and learning
Results grouped by perspective

Strategies

Analysis by strategy

Results by strategic line
Comparison between strategies

Objectives

Analysis by objective

Progress of each objective
Associated indicators

Variables

Variable Breakdown

Variables that make up each indicator
Calculation detail

Management dashboard

An integrated dashboard to oversee strategy

Dashboards with gauge-type indicators, analysis filters and results visualization. The following screenshots correspond to the system's real dashboard.

TRILAY ERP+ Balanced Scorecard dashboard with analysis of economic and financial perspectives, comparing current value against alert threshold. — Perspective analysis: current value versus alert threshold by economic and financial perspective.

TRILAY ERP+ gauge-type strategic indicators with current values, status indicators and alerts by measurement. — Current value by measurement: gauge-type indicators with status indicators and alerts.

Frequently asked questions

What perspectives does the TRILAY ERP+ Balanced Scorecard include?

It includes the four classic perspectives: Finance, Customers, Internal Processes, and Learning and Growth.

Does it allow defining objectives, indicators and targets?

Yes. It allows defining strategic objectives, indicators, targets, owners and initiatives, with historical tracking.

Does it have alerts and traffic-light status indicators to spot variances?

Yes. It has alerts and traffic-light status indicators that identify variances between actual and target values.

Turn your strategy into results with TRILAY ERP+

Request a demo and we will show you how the Balanced Scorecard centralizes objectives, indicators and dashboards.

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Balanced Scorecard for turning strategy into measurable results