Our firm offer comprehensive services towards designing and executing Balanced Scorecard (BSC) program across diverse industries.
As it has been rightly said, what you are able to measure is what you get. Designing of the Scorecard calls for deeper understanding of the client’s business, models employed and internal & external challenges. Organisations have to be careful in designing Scorecards and they should be strictly aligned with the long term strategic objectives of the Organisation. It is important to prioritise and focus on key performance areas which are critical to the business and leads to effective reporting framework.
Having deep strategic orientation, we understand our customer’s short, medium and long term strategic goals and after careful prioritisation, we convert them into annualised Scorecard. We work extensively with our customers at all stages of the program and in the most collaborative manner to ensure that all the strategic goals are achieved within the timeline.
Goal sheet formation of employees is the most critical leg as it should be seamlessly aligned with Scorecard objectives and overall Organizational strategy. Organisations must aim at very constructive review of the Scorecard performance. It is a continuous journey towards performance improvement and Scorecard must be recalibrated at timely intervals to ensure it does not lose its direction & effectiveness.
Research Paradigm has deep industry knowledge and considerable experience in designing and executing the entire BSC Program and enabling organisations to achieve their strategic agendas and set highest performance standards and benchmarks.
Detailed Brochure and Proposal can be sent on request.
Organisation faces continuous risk in various forms as a result of dynamic environments. As the competitive landscape, regulations and environments keep changing, organisations are exposed to variety of risks and calls for putting Risk management systems in place. Understanding risk from the organisational perspective is extremely critical for the survival, sustainability and growth.
Risk governance framework approach calls for understanding the clients business for effective identification of Risk. The various stages in risk management:
» Business Understanding :
Understanding the clients business is extremely critical for risk management program to become successful. We ensure correct and deep understanding of the clients business before program gets initiated
» Risk Identification :
It is important to interact with various functional departments within the organisation to identify the risk and its form. Equally important is to take an external view of the risk impacting the organisation
» Risk Assessment :
Risk evaluation and assessment is important which will set the tone for mitigation strategies
» Risk Recording :
Proper documentation of risk based on risk prioritisation matrix enables the organisation in putting up a structured approach
» Risk Mitigation Strategies :
Forming a proper risk mitigation plan for each identified risk
» Review Architecture :
Consistent review of each risk is critical for sustainable solutions and timely course corrections
We work extensively with our clients at various stages of the Risk management program and in building the right strategic path. It is our constant endeavour to provide best advise to our clients in forming effective Risk management strategy.
Detailed Brochure and Proposal can be sent on request.
