Solution Overview

i-nexus is the first Balanced Scorecard software solution designed specifically to drive planning and execution of strategic initiatives and corrective actions. Offering powerful capabilities that help manage business performance and support all six stages of Kaplan and Nortons' latest strategy execution framework, i-nexus is helping leading global organizations such as Pfizer, Flextronics and EUMETSAT to transform their Balanced Scorecards from measurement to execution systems.

Key Challenges

There are several reasons why transforming your Balanced Scorecard from a ‘measurement' to an ‘execution' system is not easy:

• It involves more people. For the Balanced Scorecard to truly drive execution, a clear ‘line-of-sight' needs to be established between business goals/KPIs and personal goals/actions of each employee.
• It requires additional discipline. In addition to the discipline of regularly reviewing KPI and business performance, driving execution requires that we formalise the approach to managing action and integrate the review of actions into the scorecard review process.
• It's virtually impossible to achieve with traditional scorecard automation tools. Traditional scorecarding tools or business performance management software offer weak support for goal/scorecard cascade and trivial, if any, support for management of actions - the key to driving execution.


i-nexus Balanced Scorecard Software Solution

The i-nexus Balanced Scorecard software solution helps you directly address these challenges. This unique business performance management software provides a set of ‘out-of-the-box' capabilities that support every stage in the Kaplan and Norton ‘Execution' cycle.

These capabilities include:

• Strategy Development. i-nexus makes it easy to capture objectives, identify KPIs and instigate/align actions all within a single intuitive ‘drag and drop' strategy mapping interface.
• Scorecard Design. i-nexus automatically translates strategy maps into scorecards and makes it easy to link cascaded scorecards with automatic KPI roll-ups.
• Organizational Alignment. i-nexus provides each individual with a personalized view of their goals, KPIs and actions and automatically highlights actions which are not aligned with goals.
• Execution Planning. i-nexus provides the comprehensive project management capabilities that action owners need to plan and drive their actions to completion.
• Execution Review. i-nexus makes it easy for executives to understand if they are on track to hit their goals based on the projected impact of the actions currently underway.
• Strategy Review. i-nexus helps executives to review and refine the causal assumptions implicit within their strategy maps based on the actual data. 

Solution Benefits

As well as dramatically reducing non-value added effort, i-nexus Balanced Scorecard software solution is helping global organizations improve ‘execution follow-through' (the % of goal-driven activities that actually get done) by more than 50%. The result is significant bottom and top line gains.

Click here to view the Balanced Scorecard StartPoint Solution Briefing