Strategy2Act

Strategy2Act is a software that focuses on supporting Balanced Scorecard (BSC). This tool is perfect for those looking to build and maintain a Balanced Scorecard system for their company, department, or themselves. The Balanced Scorecard system is a framework that translates strategy into real-world action. It is created from four core perspectives: Financial, Customer, Internal Business Processes, and Learning. With Strategy2Act, users can either choose to utilize these perspectives or create their own as needed.

This program offers a range of helpful features. It allows users to create a strategy tree for their company and add related goals to each perspective item. For instance, if a user's focus is on Customer perspective, then the related goals can be Response Time and Support Quality. Strategy2Act also includes a balance feature which allows users to specify the perspectives and goals that are most important for their company at the given time.

The software also enables users to measure their performance by providing a note for every perspective and goal. This note may include details about the goal, how to measure it, and the target values that users should aim for. Furthermore, once the strategy tree is complete, users can add a scorecard. This tool is perfect for analyzing the solution in terms of the strategy and know whether the new solution or goal is connecting with the company’s strategy.

Strategy2Act provides users with the ability to rate a new solution, include their comments, or related ideas. The software then shows the total score of the new improvement, so users can decide whether to work with it or pick another solution. The program’s broad reporting ability is another notable feature. Users can generate a report that contains the strategy tree or scorecard, in addition to saving such reports as Excel files for further analysis. In summary, Strategy2Act is a great software that provides helpful features for creating and maintaining a Balanced Scorecard system.