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The Balanced Scorecard is a management system. It’s a way of looking at your organization that focuses on your big-picture strategic goals. It also helps you choose the right things to measure so that you can reach those goals.
The name “balanced scorecard” comes from the idea of looking at strategic measures in addition to traditional financial measures to get a more “balanced” view of performance. Learn more
A strategy map is a diagram that shows your organization's strategy on a single page. It’s great for quickly communicating big-picture objectives to everyone in the company.
With a well-designed strategy map, every employee can know your overall strategy and where they fit in. It helps keep everyone on the same page, and it allows people to see how their jobs affect the company’s strategic objectives. Learn more
It’s now easy to see what numbers go into a calculated measure value. Equations can be very complex, and it can sometimes be difficult to understand the nuanced differences between aggregation types like “sum” and “use equation.”
Although this explanation gets a little technical, don’t worry, the software is easier to use than ever. The only thing that has changed is that you can hover your mouse over a number to see how it was calculated.
On the Scorecards Overview tab there has always been an “Actual and Threshold Values” table that shows you all of the measure values and thresholds that go into the currently selected measure, regardless of whether those values are calculated or not. In version 3.2 you can now interact with these numbers to see where they come from.
In this example, we’re looking at a monthly measure in quarterly mode. The measure’s aggregation type is average, so its quarterly total of 1,869 was determined by averaging its three monthly values listed in the “actual and threshold values” table.Read More
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