Data Point:Computerised Balanced Scorecard

  • Better Strategic Planning
  • Key Performance Indicator
  • Better Management of Information​
  • KPI Metrics Visual Management Board​
  • Improved Performance Reporting​
  • Organisational Alignment​

Strategic Planning

Data Point provides a powerful structure for building and communicating strategies & KPIs (key performance indicators). It delivers performance outcomes as well as key enablers or drivers of future objectives and they are identified to create a complete strategic landscape.

Key Performance Indicator

Key performance indicators (KPIs) are ways to periodically assess the performances of the organisation. KPIs are linked to target values so that the value of the measure can be assessed as meeting expectations or not.

Better Management of Information

Data Point helps organisations design KPI’s (key performance indicators) for their various key objectives across the business horizontally and vertically

Asset Control

Titan CMMS allows you to track and manage your inventory as well as your suppliers, Stocked, non-stocked, and special order items can be tracked. It also has the capability to track item vendors, the location of items, item cost information, and the substitute or alternate items that can be used if necessary.

SQDCP: Visual Management Board

SQDCP helps to keep the information appropriate to the area and do show a clear link to the company policy and area objectives. Health and Safety is one of the key areas of any business ensuring all your staff are clear on what’s expected of them and what commitment the company makes to their employees.

Improved Performance Reporting

Data Point is used to design various performance reports and dashboards especially for day to day meetings and monthly board reports. We can bespoke your reports to give you the exact information charts and data, enabling you to press a button and instantly create your reports.

Organisational Alignment

With the creation of a Blue Print linked to Data Point, our customers feel better aligned to their organisational goals and targets with a clear cascade of strategic objectives down to operational actions.

What is a Computerised Balanced Scorecard (CBSC) ?

Most modern businesses rely heavily on data to help drive the business forward. However even where there is an abundance of data available, interpreting it to make decisions which benefit the business can be difficult.

What factors indicate the business is going in the right direction and how can those factors be measured? If you’re in the business of producing a product, determining the numbers to measure is a fairly simple exercise. But what if your business is service based or has revenue from multiple complex sources? And then once you’ve determined what you are going to measure you then need to understand where and how that data will be measured. Drawing that data together in a way that is easy to understand and interpret becomes a challenge.

One way of bringing all that data together in a way that allows it to be easily visualised and acted on is to us a computerised balanced scorecard (CBSC). A CBSC is a software platform that helps organisations to visualise business Key Performance Indicators (KPIs) digitally. A Balanced Scorecard platform, offers a central database for business information.

The Functions of a CBSC

A good CBSC should do the following:

  • Measure your operational data accurately
  • Measure your operational strategy clearly
  • Measure data from several areas of your business including Safety, Quality, Delivery, Inventory, Scrap, Overtime, People Productivity
  • Develop bespoke supplier scorecards for your business
  • Interpret trends in your data using pareto analysis
  • Allows multiple user interactions
  • Gives clear graphical representation of your data
  • Interact with you existing data capture systems so that there is no need to rework data or for further data entry to interpret results.

Key benefits of a CBSC

  • Accurately tracks and monitors your business goals helping you to achieve them on time and within budget
  • Identify trends in your data using pareto analysis, allowing you to respond quickly and decisively to your chosen market
  • Eliminates manual interpretation of data freeing you up to concentrate on driving your business forward
  • Improve overall performance of your business (and your profit) by helping to focus everyone on improving key areas
  • Helps you to track the financial goals for your business
  • Helps to improve engagement and motivation of your employees by providing a way for them to visualise and track their contribution to the business
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