Scorecarding

Scorecarding is the process that measures the overall performance of a business enterprise for effective performance management. Scorecards contain accounting data that is used as metrics to measure performance based on several parameters.
The concept of Scorecarding was pioneered by H. Thomas Johnson of Portland State University and Robert S. Kaplan of Harvard Business School and Carnegie - Mellon University in their path-breaking book Relevance Lost. This book explained how conventional accounting systems failed to effectively measure performance.


How We Can Help

An effective scorecarding application enables you to formulate strategy and convey it to all the levels in the organization, establish targets, and monitor various performance metrics to increase accountability and efficiency.