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Balanced Scorecard Collaborative Taps SAS For HR Action Working Group.


Business Editors/High Tech Writers

LINCOLN, Mass. & CARY, N.C.--(BUSINESS WIRE)--Dec. 21, 2000

As exclusive technology partner, SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System.  to offer proof-of-concept

prototypes for measuring the value of human capital

SAS Institute SAS Institute Inc., headquartered in Cary, North Carolina, USA, has been a major producer of software since it was founded in 1976 by Anthony Barr, James Goodnight, John Sall and Jane Helwig. , the market leader in e-intelligence and data warehousing See data warehouse.

data warehousing - data warehouse
, today announced that the company will serve as the exclusive technology partner to the 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's HR Balanced Scorecard Action Working Group.

Starting December 5th with a working group session in Boston, Mass., the HR Action Working Group is a six-month program designed to advance the practice of human capital measurement through the lens of a Balanced Scorecard, a management system that helps people throughout an organization focus their efforts and measure progress toward strategic goals.

As the technology partner, SAS will work with participants in the Action Working Group to provide proof-of-concept prototypes using SAS' own balanced scorecard solution, which includes SAS' Strategic Vision(tm) and HR Vision(tm) software. SAS' Strategic Vision software for business performance management received Balanced Scorecard Collaborative certification this past June.

"In an economy where value creation is dominated by human capital and other intangible assets Intangible Asset

An asset that is not physical in nature.

Notes:
Examples are things like copyrights, patents, intellectual property, and goodwill. These are the opposite of tangible assets.
, there can be no better starting point Noun 1. starting point - earliest limiting point
terminus a quo

commencement, get-go, offset, outset, showtime, starting time, beginning, start, kickoff, first - the time at which something is supposed to begin; "they got an early start"; "she knew from the
 for this new management science than with the measurement of Human Resource strategies," said David Norton, President and co-founder of Balanced Scorecard Collaborative.

"Making strategy a part of everyone's job and understanding how to leverage that knowledge will be key in the new economy," said Jonathan Hornby, SAS' Head of Strategy, Enterprise Performance Management, Worldwide Marketing. "SAS is in the business of helping organizations make better decisions by combining strategy with analytics, while the Balanced Scorecard Collaborative is in the business of developing and facilitating knowledge in the Strategy-Focused Organization. Combine that with today's thought leaders in HR, and we anticipate great things from this HR Action Working Group."

HR Balanced Scorecard Action Working Group will be led by Drs. Robert Kaplan There are several notable individuals named Robert Kaplan, among them:
  • Robert D. Kaplan, a travel writer, essayist, and international correspondent for The Atlantic; author of Balkan Ghosts, The Coming Anarchy, Warrior Politics
 and David Norton, creators of the Balanced Scorecard framework, and Drs. Brian Becker, Mark Huselid and Dave Ulrich, co-authors of The HR Scorecard: Linking People, Strategy and Performance (forthcoming from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University.  Press, Spring, 2001). The draft of this book will serve as the initial workbook work·book  
n.
1. A booklet containing problems and exercises that a student may work directly on the pages.

2. A manual containing operating instructions, as for an appliance or machine.

3.
 for the Action Working Group.

Participants in the Action Working Group will create practical solutions to the most difficult challenges facing HR professionals today, including:

--How to measure the contribution of human capital in creating

value

--What are the roles of the HR organization in measuring and

managing human capital

--How to define and implement innovative HR strategy and programs

necessary to maximize the value of human capital

More than 15 organizations have signed up for the HR Action Work Group, including Allstate, Nationwide, Pfizer, Saatchi & Saatchi, Verizon, Williams Companies The Williams Companies, Inc. (NYSE: WMB) is an energy company based in Tulsa, Oklahoma. Its core business is natural gas exploration, production, processing, and transportation, with additional petroleum and electricity generation assets.  and others.

About the Balanced Scorecard Collaborative

Balanced Scorecard Collaborative, Inc. (BSCol) is a new kind of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firm that facilitates the worldwide awareness, use, enhancement, and integrity of the Balanced Scorecard (BSC (Binary Synchronous Communications) See bisync. ) as a value-added management process. Founded and led by the creators of the Balanced Scorecard concept, Drs. Robert Kaplan and David Norton, BSCol provides Strategy-Focused Organization and Balanced Scorecard excellence through consulting, conferences, training, publishing, consortia, certification, partnerships, and online services that deliver know-how to global audiences. Please visit the Collaborative on the Web at http://www.bscol.com .

About SAS

SAS is the world leader in e-intelligence software and services, enabling its customers to turn raw data - including the vast quantity generated by e-business - into usable knowledge. Software from SAS, the world's largest privately held software company, is used at more than 35,000 business, government and university sites in 110 countries. SAS' 1999 revenues totaled $1.02 billion. Please visit SAS on the Web at http://www.sas.com .

SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. (r) indicates USA registration. Other brand and product names are trademarks of their respective companies.
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Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 21, 2000
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