Dear All,
What makes the main difference between Scorecard and Dashboard?Is there any BI analytical tool which will support Scorecards .
Regards,
Venkat
Request clarification before answering.
Hi Venkat
What's the difference between scorecards and dashboards?
Software scorecards were a direct result and visual representation of the theoretical balanced scorecard approach to business strategy developed at Harvard Business School. Software scorecards are also distinguished by the regimented top down organizational planning process defined by the theory that underlies the scorecard interface. This process aims to identify the few key performance metrics that best indicate an organization's progress towards stated strategic goals, and then cascades down through the organization to all supporting and contributing metrics, groups, and individuals. Software scorecards emphasize individual accountability for contributing to and achieving strategic goals.
In contrast, web dashboards evolved as the information systems equivalent of the automotive dashboard that displayed real-time changes to tactical information often displayed as charts, graphs, and gauges. Software dashboards also offered the ability to drill through top-level information into supporting data. As they evolved, software dashboards became increasingly common as the user interface for individual applications such as ERP systems and Web analytics packages.
http://www.zslinc.com/Pdf/Dashboards%20Vs%20Scorecards.pdf
Dashboard Will Support Scorecard..
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Regards
NK
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Hii Venkat ,
A scorecard is a type of report that displays a collection of key performance indicators (KPIs) together with performance targets for each KPI. A dashboard, on the other hand, is a container for a related group of scorecard and report views that are organized together .
In other words, a dashboard contains a collection of other items such as scorecards, reports, and filters.
A Component named as " Scorecard " is readily available under selector Tab in Xcelsius .
Regards
Jeetan Jagtap
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