Microsoft is counting on its new Office Business Scorecard Manager 2005 as a way to bring better business intelligence to the desktops of enterprise-level employees.
The new server-based, business-performance application builds on workers' familiarity with the Microsoft Office suite to help them use scorecards and key performance indicators (KPIs) -- such as "returns" -- to perform deep analysis of business data in collaborative environments.
Office Business Scorecard Manager 2005 builds on the business-intelligence technologies Microsoft released in the Office Business Scorecards Accelerator last summer. With the scorecard approach, individual employees can monitor a KPI that connects to a high-level objective. In this way, companies can ensure that their actions align with their strategy.
"One way to increase the impact that people can have in an organization is to give them access to the information they need," said Jeff Raikes, president of the Microsoft Business Division. "Until now, business-intelligence software has been too complex, costly, and disconnected from the software tools people use every day to do their jobs."
Raikes went on to say that the Office Business Scorecard Manager will make business intelligence and the business insights gleaned from it more accessible, thereby enhancing the impact that people can have throughout an organization, which, in theory, can lead to greater overall business success.
Scorecarding also can help companies better address their high-level objectives, such as customer satisfaction. The scorecard strategy implemented in the new software breaks down such objectives into supporting objectives that workers can pursue as product-quality initiatives. Thus, individual employees can monitor a KPI that connects to a high-level objective, ensuring that their actions align with their company's strategy.
Microsoft Office Business Scorecard Manager 2005 costs $5,000 for the server version and $175 per client.