Risk-Based Performance Management for the iPad

This week has seen the launch of the first Risk-Based Performance Management iPad application - Strategy & Risk Studio. Developed by Strategy and Risk Management consultancy, Manigent, the application is designed for consultants and professionals using the RBPM methodology, and enables them to quickly design and develop integrated strategy and risk management framework. The application will also enable professionals working within the performance and/or risk management fields to engage with the RBPM approach.  

Strategy & Risk Studio enables users to design and define an organisation’s strategy and risk framework, alongside the option to develop performance management and enterprise risk management models. The tool integrates best practices from popular methodologies, commonly used within the RBPM approach, including the Balanced Scorecard, COSO and ISO31000.

Strategy & Risk Studio is designed to be used in one-to-one or group meetings and workshop situations which are undertaken as part of the process of defining a strategy, performance or risk management model. It provides step-by-step guidance on the definition of a best practice model, enabling the model to be defined, documented and shared collaboratively.

In addition to simply designing Strategy and Risk Management models, the Strategy & Risk Studio also provides a simple risk and controls assessment capability and the option to enter indicator data and score indicators using a RAG approach. Three indicators types are supported by the app, Key Performance Indicators (KPIs), Key Risk Indicators (KRIs) and Key Control Indicators (KCIs). Strategy & Risk Studio can also be used to replace cumbersome spreadsheet based risk and controls matrixes or spreadsheet scorecards.

Strategy & Risk Studio is available to download from the Apple store now for just $25 (US). To learn more visit www.strategyandriskstudio.com  

To download directly onto your iPad click here.

Want to Take Your Balanced Scorecard to the Next Level?

The events below are a great opportunity to learn more about the Balanced Scorecard and how to integrate risk management using the Risk-Based Performance Management approach.

There will be courses of detailed explanation and demonstration of the Balance Scorecard’s application, objectives and design from Bernard Marr, followed by a workshop from Andrew Smart, introducing the Risk-Based Performance Management methodology, showing how to use the methodology to integrate and align performance and risk management processes to enhance strategic execution.

Please see below for more details.

BALANCED SCORECARD I:  Understanding and Designing a State-of-the-Art Performance Framework

28 September 2011, London

Presenter: Bernard Marr, The Advanced Performance Institute

This workshop is designed to take delegates through the design process of an actual scorecard, a strategy map, and key performance indicators. Using a case example and guided by step-by-step process and templates, delegates will experience the practical applications of these tools.

Participants will also learn how to translate their organisation’s objectives into a cause-and-effect strategy map and how to design meaningful and relevant Key Performance Indicators.

Download brochure

Register online

See more details of this course here

BALANCED SCORECARD II: Implementing and Using Performance Frameworks to Deliver Results

29 September 2011, London

Presenter: Bernard Marr, The Advanced Performance Institute

In a practical workshop, delivered by world-leading performance expert and best-selling author Bernard Marr from the Advanced Performance Institute, delegates will learn how to put the processes in place to ensure any performance framework delivers real and lasting performance improvements.

The workshop will also address how to achieve buy-in among employees, how to cascade the Balanced Scorecard into the organisation, and how to align strategic objectives with project management, budgeting and risk management.

Download brochure

Register online

See more details of this course here

RISK MANAGEMENT AND THE BALANCED SCORECARD: Introduction to Risk Based Performance Management

30 September 2011, London

Presenter: Andrew Smart, Manigent

This one-day interactive workshop will provide you with an introduction to the Risk-based performance methodology. It will touch on the methodologies from which it evolved, Balanced Scorecard and COSO, and then move on to show how to use the methodology to integrate and align performance and risk management processes to enhance strategic execution.

Download brochure

Register online

See more details of this course here

SPECIAL OFFER:

The workshops are priced at £550 each or you can book two workshops together for £1000 or all three for £1400 (+VAT).

Attending this one-day interactive course will give you the opportunity gain insight into the Risk-Based Performance Methodology (RBPM), which builds on the Balanced Scorecard and COSO frameworks, and gives a proven approach to managing and monitoring strategic objectives, their risk appetite and risk exposure.

We hope you can make it!