scorecarding
Scorecarding is a performance management technique used to track and evaluate progress towards strategic goals. It involves creating a visual representation, often a table or chart, that outlines key performance indicators (KPIs) and their associated targets and actual results. The purpose of scorecarding is to provide a clear and concise overview of performance, enabling organizations and individuals to identify areas of success and areas requiring improvement.
The development of a scorecard typically begins with defining the strategic objectives that need to be achieved.
Scorecards are valuable tools for communication and accountability. They provide a common language for discussing performance