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To regularly measure and monitor performance, senior managers require a link between their
company’s strategy and operational plans.You need to be able to map your company’s KPIs to your strategy
and objectives—then track progress on a regular basis.
Using recognized scorecarding methodologies, Hyperion Performance Scorecard can assist you in
communicating strategy, setting goals and measuring and monitoring business performance. Spreadsheet
solutions offer limited data integrity while simple KPI/dashboard tools display metrics only—and
neither of these types of tools can integrate textual information and commentary to support vital
communications and collaboration. Moreover, inhouse applications take a long time to build, may have
limited functionality and are expensive to maintain.
Hyperion Performance Scorecard offers you rich strategy- and accountability-mapping capabilities as
well as Web-based cascading scorecards, message board forums and discussion threads. Hyperion
Performance Scorecard delivers a rich, easy-to-use toolset right out of the box, provides
multidimensional analysis capabilities and integrates with the most complete suite of performance
management applications available today. Take a closer look.
Link corporate strategy to operating plans and
execution.
In many companies, strategic planning is an exercise limited to senior management and the
results are not communicated to the broader organization or linked to operating plans. Hyperion
Performance Scorecard enables you to document and communicate corporate strategy and link it to
operational objectives and initiatives. This link— connecting strategy to plans and objectives—is
critical in the continuous performance management cycle.
Drive corporate accountability to
all levels of the enterprise.
While individuals and departments are measured against a stated set of
goals, in many cases these goals may not align completely to the
objectives of the organization. Through the use of strategy and
accountability maps, Hyperion Performance Scorecard aligns
individual and departmental goals and objectives with corporate goals
and objectives, thus ensuring accountability for delivering results
throughout the organization.
Monitor progress on key initiatives, and improve
corporate agility.
Weekly status reports and meetings
provide middle managers with progress reports on
key initiatives. But as information is summarized and
moves up the corporate hierarchy, the details are lost.
With Hyperion Performance Scorecard, progress on
key initiatives is communicated quickly to senior
management through graphical scorecards and KPIs
along with the ability to drill to underlying details,
including textual commentary. This helps improve
communication and your company’s overall ability to
react to changes. Moreover, by shifting the focus to
leading indicators, Hyperion Performance Scorecard
helps your senior managers be extremely proactive in
addressing business issues before they become
problems.
Focus resources on activities that drive profitability
and economic value.
As strategies and plans change,
individuals and departments need to be aware of how
these changes affect their operating plans. With
Hyperion Performance Scorecard, individuals,
departments and divisions can see the link between
their priorities and initiatives and corporate revenue,
expense and profitability goals. When the entire
company can be easily and quickly informed of
strategy shifts using Hyperion
Performance Scorecard, it becomes
easier to realign resources,
reprioritize activities and focus on
appropriate initiatives to drive
profitability.
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