In my last post, What is the Balanced Scorecard method?, I briefly describe Kaplan and Norton’s Balanced Scorecard method and some examples using our software. Recently I read in a college class book, Cost Management: A Strategic Emphasis, about best practices for implementing the Balanced Scorecard method. A primary practice states:
“Ensure that the relevant portions of the scorecard are readily accessible to those responsible for the measures, but that the information is also secure, available only to those authorized to have the information.”
Recently, Microsoft announced a strategic move to integrate the scorecard, dashboard, and analytic functionality in PerformancePoint Server with Office SharePoint Server Enterprise. I can’t think of a better way to expose relevant portions of the scorecard to those responsible for the measures, in a secure environment. Microsoft has several business intelligence (BI) offerings throughout its software products and SharePoint seems to be a natural tool for delivering BI assets.
An ideal medium for delivering the Balanced Scorecard method to the everyone.
|The graphic illustrates the purpose for making BI readily accessible. Microsoft’s broader mission is to improve organizations by providing business insights to all employees leading to better, faster, more relevant decisions.
The primary delivery mechanism for BI assets is and will be Office SharePoint Server. Why?
- Office SharePoint Server helps businesses create an infrastructure for sharing and collaborating internal information securely.
- Out of the box, SharePoint offers an abundance of functionality that spans many vertical markets and divisions within an organization. As explained below, the Balanced Scorecard focuses across an organization’s financial and nonfinancial measures (metrics).
- SharePoint has a simplified security model. For example, SharePoint offers site, subsite, and securable object (list, folder, or item) security by permissions through users and groups.