Understanding Scorecards
What Is a Scorecard
A scorecard is one level above a dashboard in the business decision-making process. It is primarily used to align operational execution with business strategy. A scorecard is a decision-making tool that displays the performance of an organization at a point in time. It provides periodic snapshots of performance associated with the organization’s strategic objectives and plans.
A scorecard’s objective is to focus the business on strategic objectives by monitoring execution and, subsequently, ...
