Balanced Scorecard
The PeopleStreme Balanced Scorecard system is designed for organisations who use a performance scorecard methodology and want to align Balanced Scorecard objectives with every single employee. The software features a fully integrated online Strategic Planning system which enables organisations to clearly link strategic and operational goals with individual employee KPI's. Performance Management principles can then be applied to any combination of Balanced Scorecard perspectives including financial, employee, process or customer objectives.
The problem with most strategic scorecard initiatives is that they break one to two levels below the business leader through a lack of management execution or employeee engagement. PeopleStreme's software improves communication and goal setting by providing non standard perspectives as well. For example organisational values, behavioural, compliance and innovation perspectives.
Instant Reporting for Strategic Planning
Balanced Scorecard Features
- Set metrics and goals in the four Balanced Scorecard Quadrants
- Cascade goals and metrics to team members
- Restate Organisational and Departmental goals at every level in the organisation to ensure that each employee understands their role in achieving the organisations goals
- Report on progress in any Quadrant or on all Quadrants
- Align Employees plans with the organisations plans
- Fully integrated with your Payroll system reduces on going administration
- Fully integrated with other modules means that you can truly manage your Human Capital to performance outcomes
- Optional link to remuneration module enables bonuses to be tied to the achievement of goals and metrics
Instant Reporting for Strategic Planning
- Report on progress of departments and individual employees
- Report on progress on all KIP's and objectives
- Report on progress of specific scorecard perspectives
- Focuses Line Management on achieving the goals and metrics of the organisation
- Ties every employee to the strategic and operational plans of the organisation
- Drives Strategic and Operational Performance
- Provides clear accountability framework
- Provides instant reporting for management action
- Turns existing paper or spreadsheet implementations into a living breathing process for every employee
- Moves ownership of the Balanced Scorecard from the CFO's office to every manager and employee
- Drives the achievement of metrics down into the organisation with full visibility back up the chain of command
| Intranet or ASP based | Yes |
| Browser Delivered - “low IT requirement” | Yes |
| Workflow via emails generated to users | Yes |
| Metrics/Goals/Objective Performance Reviews | Yes |
| Competency Reviews | Yes |
| Development Reviews | Yes |
| Employee Self Service | Yes |
| Real Time Status for Managers & Staff | Yes |
| Full Customization | Yes |
| Interface to Payroll Data (reduces administration) | Yes |
Metrics / Goals / Objective Setting
| Multiple Quadrant Support, Financial, Customer, Internal, Innovation and Learning | Yes |
| Customised Quadrants | Yes |
| Development Objectives | Yes |
Reporting
| Multiple Quadrant Support, Financial, Customer, Internal, Innovation and Learning | Yes |
| All Quadrants Report | Yes |
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