Info on Crystal Decisions Balanced Scorecard

Let’s see very useful Info on Crystal Decisions Balanced Scorecard. Crystal Decisions Balanced Scorecard solution goes beyond traditional financially based measurement systems and looks at setting objectives and measuring performance from several distinct perspectives, which provide a balanced view of the present and future performance of the enterprise. The application provides the framework for a full scorecard implementation from any number of perspectives, containing a range of strategic objectives, each of which can have a range of performance indicators and strategic initiatives with supporting milestones. It also supports partial scorecard implementations for those organizations that would rather use a performance measurement system as an initial step towards a complete solution.

More Info on Crystal Decisions Balanced Scorecard: Crystal Decisions Balanced Scorecard Collaborative, Inc. announced on October 17, 2001 that Crystal Decisions has been designated as Balanced Scorecard Collaborative Certified. Under the terms of the certification, Crystal Decisions is designated as compliant with Balanced Scorecard Functional Standards as maintained by Balanced Scorecard Collaborative.

The certification is designed to eliminate confusion in the marketplace through educating suppliers and buyers as to the important elements of a Balanced Scorecard management system. The certification process consists of a demonstration of the product by the application provider, a documentation review, customer interviews, and application testing by the Balanced Scorecard Collaborative.

Info on Crystal Decisions Balanced Scorecard application template: Crystal Decisions Balanced Scorecard application template focuses on an organization’s strategy on how to envision what is needed and how to achieve it. Instead of traditional financially based measurement systems that only provide a historical perspective, the application template looks at the company’s future goals and measures the success of achievement from various perspectives, usually but not limited to, financial, customer, internal, learning and growth. Qualitative and quantitative sources are integrated for a successful, balanced picture.

Balanced Scorecard Functional Standards were announced on September 30, 1999 by Balanced Scorecard Collaborative, Inc., the organization that facilitates the worldwide awareness, use, enhancement, and integrity of the Balanced Scorecard as a value-added management process.

Some more grass root Info on Crystal Decisions Balanced Scorecard: Crystal Decisions Balanced Scorecard, formerly Seagate Software, is a privately held Seagate company owned by a group of investors that include Silver Lake Partners and Texas Pacific Group. Crystal Decisions is an information infrastructure company, which provides award-winning reporting, analysis, and information delivery solutions. The company’s world-class products are used by millions of customers in thousands of companies worldwide and include, Crystal Analysis, Crystal Enterprise, Crystal Reports and Holos. Crystal Decisions can be found on the Web.

The impending acquisition of Crystal Decisions by Business Objects introduces a new dimension to its Performance Management strategy and unleashes a new wave of competitive dynamics on Performance Management software vendors. The combined entity will create a sizable marketing, sales and product organization that, after elimination of redundancies, could re-align significant resources to the Performance Management market. This could put big pressure on companies like Hyperion and SAS to address the potential new muscle of Business Objects. While Oracle looks to consolidate PeopleSoft in the ERP market, and SAP focuses on a different class of collaborative applications, Business Objects could find new opportunity in Performance Management, but not without competition from vendors such as Cognos

Info on Crystal Decisions Balanced Scorecard key benefits of analytic application include:

• Cause and effect diagrams

• Multiple-level scorecard support, from the individual to the enterprise
• Data and text driven from industry-standard RDBMS
• Integration with the data warehouse and many other data sources
• Identification of potential problems and opportunities using the Highlighter view
• Weighted scores view (high-level performance overview based on achievement)
• Multi-dimensional access to textual commentary
• Powerful Performance Indicator Engine (PI Engine) for practical data-handling issues

Finally, reports generated by the application give the user insight into the company's overall performance, as well as the performance within each of the four perspectives. The application highlights the areas that are performing according to plan, as well as those in which potential problems may exist.