Scorecarding and Dashboarding

Host Scorecard

Visibility and Flexibility Drives Accountability Focused Scorecards

McCoy's Building SupplyThe ability to see specific key performance indicators for each of their nearly 90 stores allows McCoy's Building Supply, using Host Scorecard, to measure progress and make accountability key to their business.

Measure twice and cut once is great advice if you’re building a house or building a nearly 90 store, half a billion dollar business.  That is why companies like McCoy’s Building Supply Centers and other leading companies are using Host Scorecard for performance accountability.

Corporate Performance Management for Businesses of All Sizes
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Visibility in every direction is essential to measuring the performance of your business. The balanced scorecard is a tool that is specifically designed to let middle management see performance metrics at each level above them. At the same time, upper management can see all the way down the organization and make sure there are no surprises. Performance dashboard software lets upper and middle management look out into the future and make whatever mid-course corrections are necessary.

Flexibility allows you to measure precisely the key performance indicators that are important to you. Calculated metrics, for example, give you the ability to create measurement goals that may not have been available to you in the past. These goals, along with more traditional metrics, then serve as the basis for your performance management endeavor.

 

Financial reports give you part of the picture and are often seen as lagging indicators of the future performance. This makes it very difficult to focus on accountability. You also need a business intelligence application to measure your business from the customer perspective, the internal process perspective and the innovation and learning perspective. This way, you will have you a complete and comprehensive view of your business. Be sure you don’t make any cuts in the wrong places by measuring and measuring again. Good advice whether you’re building a house or building a business.

 

Key Features & Benefits

Top Down + Bottom Up = Visibility into the Future


Signals, Alerts, Dials, and Reports Enables Performance Management
360 Degree View of Your Business. Measure all aspects of your business including financial, customer, internal process, and innovation and training.
Collaboration. Enables departments and business units to clearly understand how their progress affects other areas of the business.
Top Down and Bottom Visibility. Reports and dashboards are able to see up the organization all the way to the strategic plan.
Plan vs. Actual. Tie targeted performance metrics back to actual results to project future success.
Dashboards and Reports. Quickly understand through visual charts and graphs how the organization is performing against key performance indicators.
Drill down. Get to detailed information quickly and easily to find out why a change occurred.
Signals, Alarms and Alerts. Act as soon as one of your performance indicators alerts you to a situation.

Flexibility = Configuration = On-Demand SaaS


Configuration Tools Let You Measure Your Business Your Way

Hierarchical Scorecards. Create multiple levels of scorecards including corporate, strategic, business unit, division, department or individual.

Calculated Metrics. Create your own custom metrics that combine other metrics.
Continuous Measurements. Define the timeframes you need to measure or choose to continuously measure your business.
Cross Link Key Performance Indicators with Multiple Objectives. Track several metrics against several objectives for more comprehensive progress reporting.
Configurable Dashboard Builder. Create dashboards with signals, alerts, dials and graphs to measure the metrics most important to you.
Single Data Source to Multiple Dashboards. Enter and maintain one set of data to drive multiple dashboards and reports.
Commentary. Results aren't just numbers, they include all the intelligence known about the results when they occur.  Host Scorecard allows both owners of key measures and stakeholders to attach commentary about the results as well as attach documents that can be used to further describe the problem.

On-Demand Multi-Tenant SaaS - One System and One Set of Numbers

Single Repository of Information. Have confidence that everyone is looking at the same set of number. With a database driven system you no longer have to worry about different versions of disparate spreadsheets.
Implementation Timeframe. Deploy only one application to everyone. You can be up-and-running in record time.
Upgrade Frequency. Multiple transparent upgrades are released each year so everyone receives the upgrade application simultaneously and can start leveraging the new features.
Configuration Not Customization. SaaS is configured not customized, avoiding the old, rigid, risky, and expensive software development methods. This results in a low-cost, low-maintenance application with behavior that adapts as your business evolves.
All for One Integration. Host Scorecard s integrates with the other applications within the Host CPM Suite.  Actual results from Host Consolidator can be measured against key performance targets derived from Host Budget and Host Revenue Planning.

To manage performance and accountability, scorecards must provide visibility from all levels in the enterprise to every other level in the enterprise.  Host Scorecard is scorecard software that supports the balance scorecard methodology and allows you to measure every aspect of your company's performance.

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