In this service we help the customer develop its business strategy (or formulate existing strategy) at the corporate level or for specific business units using the Balanced Scorecard (BSC) Framework. The BSC is a powerful, yet simple framework that can be used to capture the Customer strategic objectives, measures and initiatives; and to track the execution of its plans. BSC has gained wide acceptance in organization of various types world wide and there exist many tools and approaches for implementing it.

Our service is characterized by its tight integration with blueprints (business models) of the organization structure, processes, and IT systems. This is a powerful feature that make strategy traceable back to business and technology models, and produces a secondary deliverable consisting of a portal of the customer business blueprints models.
Horizons Software has developed extensive experience in helping organizations develop their strategic plans using the Balanced Scorecard Framework and integrated dynamic enterprise blueprinting. This is manifested in Horizons six-stage STAR method for building the organization strategy using the BSC Framework. The service is based on a series of workshops and seminars and assessment work that involve many stakeholders in the enterprise. Recently, we started also offering after service mentoring package to help customers effectively benefit from the deployed BSC system and to install the right processes for using the BSC in day-to-day business. This service may lead to selling HS Strategy Architect (SA) product to help deploy and execute the developed strategic plans.
The customer staff will be trained and included in the development of the blueprints and the BSC and the system deployment to enable them to maintain and operate effectively the system administration. Our staff will consist of business consulting staff as well as trainers.

Business Benefits
1. Step Communicate strategy with internal and external stakeholders using visual strategy maps
2. Continuous Strategic Learning
3. Periodic management meetings to review strategy
4. In-depth insight into causes and effects of strategy execution
5. Drill-down to root cause process/accountable party
6. Analyze objective and KPI cause and effect linkages
7. Proactive Strategic Management
8. Get early lead knowledge about strategy execution
9. Take corrective strategic and budgetary actions
10.Act proactively instead of reactively anticipating problems in achieving objectives as early as possible

Main Features
1. Linking Strategy Analysis and Assessment results with business elements (Processes, organization, and systems)
2. Knowledge Transfer to customer participating staff
3. Use of workshops and customer teams to own and develop the strategy.
4. Use of strategy themes and perspective themes to discover and group objectives.
5. Formulate strategic objectives using strategy maps to describe how value is created
6. Use cause and effect relationships between objectives to discover missing or unneeded objectives
7. Use of visual models to communicate strategy and BSC elements
8. Linking strategic analysis results to objectives to establish the traceability to business elements.
9. Building KPI catalogues with customer teams with explicit accountability and assessment of KPI measurability and sources.
10.Building Initiative transition plans and action items with clear links to objectives.

Who should use it?
1. Business Leadership
2. Business Units Managers
3. Strategy Departments
4. Performance Monitoring Specialists

To download the Business Strategy Development data sheet click here