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Scorecard systems have brought some performance management benefits to organizations.
They have focused management's attention on significant indicators that contribute
to value creation, and formalized the collection of relevant data.
While directionally correct, scorecard systems demonstrate certain limitations:
- They provide snapshots, but do not the dynamic trajectory of how the organization
evolves and where it will be at the end of the fiscal year and beyond.
- They stimulate discussions of "causes and effects" inside the organization, without
truly illuminating the circular feedback nature of these linkages.
- They provide a platform for discussion, but not a reliable platform for "what-if"
analysis.
- Even as they deliver detailed, cascading data, important meaning is not being extracted.
Scorecard systems deliver gauges and warning lights. What you need is diagnostics,
foresight, and controls.
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Powersim Solutions has addressed this performance gap by developing a powerful set
of companion tools called Dynamic Controls™, delivered on
ExPlan™, our Strategic Enterprise Management (SEM) solution
platform. These tools allow managers to surmount these limitations. Dynamic Controls™ directly captures the dynamics of complex linkages that drive performance, and
allows managers to identify, measure, and manipulate those dynamics to achieve significant
gains in outcomes.
The benefits? Dynamic Controls™ allows key managers to experiment
with their strategies before making final decisions. Managers understand the full
effect that changing resources in one unit will have on other units and the bottom
line. They can minimize risk by learning before they make investment bets. They
can brainstorm from their own desktops and collaborate with colleagues on alternative
adaptive strategies before executing one of them.
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