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Arrowpoint develops ESW Balance Scorecard
May 10, 2006

Arrowpoint Technologies has developed EnterpriseStrategyWare Balanced Scorecard – a management tool for achieving a balance between financial and non-financial performance of a business.

Talking about the new product, based on Harvard Business School concept, C R Chandrasekar, director (Technology) of the Chennai-based Arrowpoint, said that there is an awareness about the need for developing Balanced Scorecard metrics among the members of the senior management in India.

However the knowledge is still lagging, as to how the tool would help them in the their daily business.

“Balanced Scorecard bridges the gap between lead and lag indicators, long-term strategies and day-to-day action, and tangible and intangible measures. It aligns key performance indicators by the perspectives of the organization namely financials, customers, internal processes and learning and growth,” he said.

Chandrasekar said that the product widely uses the principles of the Balanced Scorecard – business process perspective, customer perspective, financial perspective and innovation and learning perspective – are a perfect fit for any type of business.

Termed as EnterpriseStrategyWare (ESWare), the software tool enables companies to track their strategy execution by monitoring specific strategic objectives and measures.

"This facilitates development and deployment of an action-oriented framework for managing the company's strategic execution,” he said further.

Stating that ESWare is vendor neutral and sits on top of the ERP/ DateWarehouse/ Datamart of the company or an in-house application, Chandrasekar said: “It can accept inputs in any form, including ERP, Data Warehouses, Data Marts, database application, web services, MS Excel uploads or even manual inputs, thus having a wider appeal to Indian enterprises that present a wide variety of IT enablement.”

“ESWare facilitates simple and effective scorecard building with drag and drop interface. It provides efficient consolidation and drill down features, cascading through your entire organizational structure,” he said adding that the tool -- if successfully implemented -- would bring in new levels of operating efficiencies and financial performance to all of the industries.

The cause and effect diagrams called “Strategy Maps”, helps to narrow down the source of problems. ESWare also enables the company to analyze the key performance indicators of your business, and their impact on the objectives such as Sales, Gross Margin, Customer satisfaction and Human Capital Development.

The other key merit of the tool is “Scenario Analysis” – a Decision Making Support System based on Simulations, and -“What if analysis” which helps the decision makers to make informed decisions by allowing them to create different scenarios. Simulation is used to help in creating values for measure connectors, which helps in analyzing the scenarios.
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Harvard style software from Chennai co
February 17, 2005 11:05 IST

A Chennai-based software development company Arrowpoint Technologies Pvt Ltd has developed EnterpriseStrategyWare, a balanced scorecard product, which is a Harvard business school concept that provides complete business solutions to improve operational efficiencies and deliver measurable business returns for clients.

ESW enables organisations to revolutionise their vision and strategy, an Arrowpoint Technologies release said. The founder of the world famous 'balanced score card', Dr Robert S. Kaplan was in Delhi this week to address a seminar.

ESW enables companies to track their strategies by monitoring objectives, key performance indicators and metrics.

This facilitates in development and deployment of an action-oriented framework for transforming strategy into action, over a period of time, empirically.

The tool helps organisations across industry segments to align departmental goals to corporate strategies and to take timely corrective actions.

ESW's dashboard gives a one-shot picture of the health of the company under the four perspectives, namely financial, customer, internal business process and employee/ learning, the release said.

ESW facilitates generation of cause and effect diagrams on the fly called 'Strategy Maps'. Strategy Map helps to narrow down the source of problems - by following the trail of the KPIs.

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Arrowpoint goes the Harvard way
Thursday, 17 February , 2005, 11:10

New Delhi: A Chennai-based software development company Arrowpoint Technologies has developed EnterpriseStrategyWare (ESW), a balanced scorecard product, which is a Harvard business school concept that provides complete business solutions to improve operational efficiencies and deliver measurable business returns for clients.

ESW enables organizations to revolutionize their vision & strategy, an Arrowpoint Technologies release said. Founder of the World famous "balanced score card" Dr Robert S. Kaplan was in Delhi this week to address a seminar.

ESW enables companies to track their strategies by monitoring objectives, key performance indicators (KPI) and metrics. This facilitates in development and deployment of an action-oriented framework for transforming strategy into action, over a period of time, empirically.

The tool helps organizations across industry segments to align departmental goals to corporate strategies and to take timely corrective actions.

ESW's Dashboard gives one-shot picture of the health of the company under the four perspectives, namely Financial, Customer, Internal Business process and Employee/ Learning, the release said.

ESW facilitates generation of cause and effect diagrams on the fly called "Strategy Maps". Strategy Map helps to narrow down the source of problems - by following the trail of the KPIs.

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Chennai firm develops software based on Harvard concept
Thursday, February 17, 2005

NEW DELHI: Chennai-based software development company Arrowpoint Technologies Pvt Ltd has developed EnterpriseStrategyWare (ESW), a balanced scorecard product, which is a Harvard Business School concept that provides complete business solutions to imp rove operational efficiencies and deliver measurable business returns for clients.

ESW enables organisations to revolutionise their vision and strategy, an Arrowpoint Technologies release said.

The founder of the world famous 'balanced score card', Dr Robert S. Kaplan was in Delhi earlier this week to address a seminar.

ESW enables companies to track their strategies, by monitoring objectives, key performance indicators (KPI) and metrics.

These factors in turn facilitate the development and deployment of an action-oriented framework for transforming strategy into action, over a period of time, empirically.

The tool helps organisations across industry segments to align departmental goals to corporate strategies and to take timely corrective actions.

ESW's Dashboard gives a one-shot picture of the health of the company under the four perspectives, namely financial, customer, internal business process and employee/ learning, the release said.

ESW facilitates generation of cause and effect diagrams on the fly called 'Strategy Maps'. Strategy Map helps to narrow down the source of problems, by following the trail of the KPIs. - PTI

 
 
 
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