Here is a general list of key performance indicators which are divided into categories. This list should not be viewed as a must have set of indicators, but it is based on the experiences of many companies and researches related to scorecards. Financial perspective Key performance indicators of the financial category make it
The latest version of BSC Designer has much more useful features. Following requests of our users we have added the specify value – Progress. What is the difference between Progress and Performance? The indicator “Turnover Rate” has the performance equal to 16% and progress just 3,33%. Now we will check
The concept of strategy maps is based on the assumption that financial indicators do not always give a full picture of the company activity. That’s why this model better suits companies and commercial organizations that have the primary goal of making profits. It also concerns government sector. This article focuses
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The need for the personal scorecard is promoted by known saying “What gets measured gets done.” People create their scorecards, divide their life into four, eight, or more sectors, and then expect for a miracle to happen. The next quarter/year they get back to their scorecards and see that: Some obvious
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