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ActiveStrategy and Balanced Scorecard Collaborative Announce ActiveStrategy Enterprise Certification.


ActiveStrategy Enterprise Designated as Balanced Scorecard Balanced Scorecard

A performance metric used in strategic management to identify and improve various internal functions and their resulting external outcomes. The balanced scorecard attempts to measure and provide feedback to organizations in order to assist in implementing
 Collaborative Certified[TM]

LINCOLN, Mass. & EAST NORRITON, Pa. -- Balanced Scorecard Collaborative (BSCol), a Palladium company (www.bscol.com), and ActiveStrategy, Inc. (www.activestrategy.com), today announced that ActiveStrategy Enterprise has been designated as Balanced Scorecard Collaborative Certified[TM]. Under the terms of the certification, ActiveStrategy Enterprise is designated as compliant with Balanced Scorecard Functional Standards[TM] as maintained by Balanced Scorecard Collaborative. The certification is designed to eliminate confusion in the marketplace through educating suppliers and buyers as to the important elements of a Balanced Scorecard management system.

Mr. Jack Mr. Jack was a funny animals comic strip by Jimmy Swinnerton which ran from about 1903 until 1935. History
When Jimmy Swinnerton moved from the San Francisco Examiner to the New York Journal in 1896, he changed his The Little Bears to
 Steele, ActiveStrategy Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , remarked, "We're very pleased that ActiveStrategy Enterprise has been certified by the Balanced Scorecard Collaborative. Our system was explicitly designed from the ground-up to support and automate the Balanced Scorecard framework, so receiving what much of the market has come to view as the 'seal of approval' from the originators is gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
."

Users of certified Balanced Scorecard applications are assured that those applications are compliant with Balanced Scorecard Functional Standards, and can thus be used as the foundation of a strategic management system based on the Balanced Scorecard.

Mr. Robert L. Howie, Jr., President of the Balanced Scorecard Collaborative, said, "ActiveStrategy Enterprise is an excellent addition to our certified software family. With ActiveStrategy's application, you are able to easily manage multiple scorecards throughout an organization."

The certification process consists of a demonstration by the application provider, a documentation review, customer interviews, and a Balanced Scorecard Collaborative lab test. Application providers certified as a result of this process have the right to use the Balanced Scorecard Collaborative Certified mark.

Balanced Scorecard Functional Standards were announced on September 30, 1999 by Balanced Scorecard Collaborative. The standards form the basis for certifying software from suppliers seeking to comply with the methodology of Dr. Robert S. Kaplan Robert S. Kaplan is Baker Foundation Professor at Harvard Business School and co-creator, together with David P. Norton, of the balanced scorecard, a means of linking a company's current actions to its long-term goals.  and Dr. David P. Norton, creators of the Balanced Scorecard concept. The full set of standards can be viewed at http://www.bscol.com/bsc_online/technology/standards/.

About Balanced Scorecard Collaborative

Balanced Scorecard Collaborative (BSCol), the education and research arm of Palladium Group, is dedicated to helping clients make strategy execution a core competency A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
  1. It provides customer benefits
  2. It is hard for competitors to imitate
  3. It can be leveraged widely to many products and markets.
 to achieve and sustain performance results over time. The Collaborative's resources include the world's most comprehensive database on the new science of strategy execution, a network of thought leaders, executive working groups, best practices, conferences, training, and publications. BSCol's web site is found at www.bscol.com.

About ActiveStrategy Enterprise

ActiveStrategy Enterprise supports the Balanced Scorecard framework, as well as other management methodologies including the Malcolm Baldrige
People:
  • Howard M. Baldrige, Congressman from Nebraska
  • Howard M. Baldrige, Jr., United States Secretary of Commerce
Awards:
  • Malcolm Baldrige National Quality Award named after Howard M. Baldrige, Jr.
 Criteria, Six Sigma Not to be confused with Sigma 6.
Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications.
, and Management by Objectives. The web-based software application is highly configurable, noted for its intuitive design, and able to be deployed quickly across large, complex organizational structures This article has no lead section.

To comply with Wikipedia's lead section guidelines, one should be written.
.

About ActiveStrategy

Based in East Norriton, PA, ActiveStrategy helps clients achieve better business results through a combination of strategic business consulting services and the ActiveStrategy Enterprise software suite. This combination of services and technology helps organizations effectively harness the power of the Enterprise Strategy Execution (ESE ESE
abbr.
east-southeast

Noun 1. ESE - the compass point midway between east and southeast
east southeast
) management process, which encompasses strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , objective and measure deployment, alignment to business processes, performance reporting, performance improvement, initiative management, and employee goal alignment.

ActiveStrategy clients consist of leading organizations from all sectors, including biotech, electronics, governmental, healthcare, manufacturing, and pharmaceutical organizations. ActiveStrategy's web site is located at www.activestrategy.com.

All company and product names are trademarks of their respective owners.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 7, 2006
Words:564
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