Apex Tracker : Benefits
Supports strategy implementation
The corporate scorecard is one of the most widely used methodologies for strategy implementation. ‘Best practice’ advocates that organisations develop their own corporate scorecard.
APEX Tracker & the Corporate Scorecard
APEX Tracker adopts the scorecard approach by translating objectives (both hard and soft) into goals, goals into activities, and activities into results.
Benefits of the Scorecard Approach
- Communicates the organisation’s vision and strategy
- Provides a framework for developing performance plans
- Aligns employees plans with the overall strategic plan
- Balances different and sometimes competing priorities
- Helps direct resources and coordinate activities
- Measures both financial and non-financial performance
- Tracks and assesses performance on an ongoing basis
- Promotes a ‘buy-in’ culture
Why APEX Tracker?
APEX Tracker enables organisations to easily cascade high level objectives into the performance plans of departments, work units and individuals across the organisation. Using this dynamic planning framework ensures the strategic priorities are converted into implementation goals at all levels of the organisation.
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