Balanced Scorecard Elements

The numbers on the following image point out specific features of a balanced scorecard. The list below describes each feature.

  1. Scorecard Type (Agent, Group, Company), Name and Calculated Period (set at scorecard creation).
  2. Objective — If KPIs on the scorecard were assigned to organizational Objectives (set at scorecard creation time), the KPIs are listed by Objective. When Objectives are used, a weighted percentage score is calculated for KPIs per Objective.
  3. Metric Name — KPIs on the scorecard
  4. Weighting — All metrics in a scorecard are weighted at scorecard creation. The weighting percentage is shown in parentheses and used to calculate the score.
  5. Metric Trend — If trending is enabled for the metric, up/down arrows indicate the actual performance against either the Same Period Last Year or Last Period. Trend may be presented for both raw values and calculated scores.
  6. Metric Value — Actual value recorded for the KPI. Depending on the metric, the number may be absolute or a percentage.
  7. Weighted Score — Weighted percentage score calculated for an individual metric. This value is used to calculate the Overall Score.
  8. Overall Score — Total balanced score for the scorecard and Calculated Period.

Related Tasks

Related References