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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is a Balanced Scorecard Dashboard?
What is a Balanced Scorecard Dashboard?  

What is a Balanced Scorecard Dashboard?



 
 

Balanced Scorecard Dashboard is a performance data measurement tool that delivers organizations the ability to communicate complex information visually for detailed analysis and decision making. It provides a perspective view of strategic objectives and their performance over a certain period.

The idea behind a balanced scorecard dashboard is that managers should be enabled to complement the drivers of past performance with the drivers of current performance in order to develop a future performance perspective.

A true balanced scorecard dashboard should include these components:

  • Perspectives, which visualize strategic concerns and high-level areas
  • Objectives, which define desired outcomes and achievements of strategic plans
  • Measures, which are used for determining performance in critical areas
  • Reports, which allow analyzing performance measures and making informed decisions

These components help create scorecards and at-a-glance views of performance. Balanced scorecard dashboards use various gauges, graphs and tables to create combinations of the components and thus provide customized reports on a single computer screen.

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