Irrespective of the scope of action, all businesses are based on two key management, planning and control functions. The implementation of these functions requires the implementation of systems and strategic objectives for the implementation of methodologies, as well as the evaluation of the success rate of the objectives. These processes have already been established in international businesses as Performance Management.
Performance Management consists essentially of two components: the process of identifying objectives, based on the strategy of each business, and the implementation of the indicator system that evaluates the performance of these strategic objectives.
In collaboration with Research Institutions, we apply the most widely used performance management methodology. Balanced Scorecard by Kaplan and Norton. The combination of market knowledge and deep academic status guarantees our clients unique value for money. Our long-term cooperation with large customers in Greece and Cyprus is a practical proof.
Performance management
Balanced Scorecard and diffusion of corporate strategy throughout the organizational structure
The Balanced Scorecard methodology enables the company to implement its Mission and Strategy in a faster and more efficient way by introducing a performance measurement system through key performance indicators (KPIs) combined and improved by the management system.
Top management formulas report their strategy based on the Balanced Scorecard methodology, which evaluates the effectiveness of alternative strategy scenarios, sets operational and regular goals, and distributes the resources available, monitors the successful implementation of the Business Plan, regularly records the results, creates a feedback channel or mechanism that allows the strategy to be adjusted when needed, thus helping businesses to meet final goals