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Crystal Decisions Receives Certification From Balanced Scorecard Collaborative, Crystal Decisions Designated as Balanced Scorecard Collaborative Certified - TM.


Business Editors/High Tech Writers

PALO ALTO Palo Alto, city, California
Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries.
, Calif. & LINCOLN, Mass.--(BUSINESS WIRE)--Oct. 17, 2001

Crystal Decisions and 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, Inc. today announced that Crystal Decisions has been designated as Balanced Scorecard Collaborative Certified See certification. (TM).

Under the terms of the certification, Crystal Decisions 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. The certification process consists of a demonstration of the product by the application provider, a documentation review, customer interviews, and application testing application testing - system testing  by the Balanced Scorecard Collaborative.

Dr. David P. Norton, president of Balanced Scorecard Collaborative, said, "We have developed the Balanced Scorecard Collaborative Certified Program based on Balanced Scorecard Functional Standards to ensure that the Balanced Scorecard name maintains meaning, and that any investment made in associated software retains its value."

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.

Ms. Laura M. Downing, vice president of Balanced Scorecard Collaborative, said, "The Crystal Decisions Balanced Scorecard application template met the Kaplan-Norton standards and simplifies the steps that a user needs to complete to find critical information in their organization. The application template is easy to navigate and puts the strategy right at your fingertips "Fingertips" is a 1963 number-one hit single recorded live by "Little" Stevie Wonder for Motown's Tamla label. Wonder's first hit single, "Fingertips" was the first live, non-studio recording to reach number-one on the Billboard Pop Singles chart in the United States. ."

"Crystal Decisions' Balanced Scorecard application template provides an enterprise view of an organization's overall performance, and delivers the ability to measure success from various perspectives," said Andrew Handford, vice president of product management at Crystal Decisions. "This certification is a major step for Crystal Decisions, and provides assurance that our Balanced Scorecard application template not only meets the strict qualification criteria of the industry, but provides the functionality required to deliver a distinct competitive advantage to our customers."

Crystal Decisions Balanced Scorecard application template focuses on an organization's strategy: how to envision what is needed and how to achieve it. Instead of traditional financially based measurement systems that only provide a historical perspective, the application template looks at the company's future goals and measures the success of achievement from various perspectives, usually but not limited to, financial, customer, internal, learning and growth). Qualitative and quantitative sources are integrated for a successful, balanced picture.

Balanced Scorecard Functional Standards were announced on September 30, 1999 by Balanced Scorecard Collaborative, Inc., the organization that facilitates the worldwide awareness, use, enhancement, and integrity of the Balanced Scorecard as a value-added management process. 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 www.bscol.com

About Crystal Decisions

Crystal Decisions, formerly Seagate Software Seagate Software was an international software corporation headquartered in Scotts Valley, California. It was a majority owned subsidiary of Seagate Technology, the largest independent disc drive and related components company in the world. , is a privately held Seagate company owned by a group of investors that include Silver Lake Partners Silver Lake Partners is a notable American private equity firm founded in 1999 and headquartered on Sand Hill Road in Menlo Park, California. It focuses its activities in the information technology industry.  and Texas Pacific Group. Crystal Decisions is an information infrastructure company, which provides award-winning reporting, analysis, and information delivery solutions. The company's world-class products are used by millions of customers in thousands of companies worldwide and include, Crystal Analysis, Crystal Enterprise, Crystal Reports and Holos Holos is an influential OLAP (Online Analytical Processing) product of the 1990s. Developed by Holistic Systems in 1987, the product remained in use until around 2004. Conception
The Holos product succeeded an older generation of mainframe products such as System-W.
. Crystal Decisions can be found on the Web at www.crystaldecisions.com.

About Balanced Scorecard Collaborative, Inc.

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 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, BSCol provides Strategy-Focused Organization and Balanced Scorecard excellence through consulting, conferences, training, publishing, action working groups, certification, partnerships, and online services that deliver know-how to global audiences. Join BSC Online free for the latest insight and resources at bscol.com.

About the Balanced Scorecard

The Balanced Scorecard is an organizational framework for implementing and managing strategy at all levels of an enterprise by linking objectives, initiatives, and measures to an organization's strategy. The scorecard provides an enterprise view of an organization's overall performance by integrating financial measures with other key performance indicators Key Performance Indicators (KPI) are financial and non-financial metrics used to quantify objectives to reflect strategic performance of an organization. KPIs are used in Business Intelligence to assess the present state of the business and to prescribe a course of action.  around customer perspectives, internal business processes, and organizational growth, learning, and innovation. Since the concept was introduced in1992, Balanced Scorecards have been implemented at corporate, strategic business unit, shared service functions, and even individual levels at hundreds of organizations-in both the private and public sectors-worldwide.

Crystal Decisions, Crystal Reports, Crystal Enterprise, Crystal Analysis, Holos and Access. Analyze. Report. Share. are either a registered trademark or trademark of Crystal Decisions Inc. Seagate is a registered trademark of Seagate Technology (company) Seagate Technology - A major manufacturer of hard disk drives, founded in 1979 as "Shugart Technology" by Alan F. Shugart and Finis Conner. That name is on the original patents for the 5.25" hard disk drive. , LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
. All other trademarks or registered trademarks are the property of their respective owners.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 17, 2001
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