Understand
that some companies spend a year or more developing an overall strategy map; I
sat down with an insurance company that had a huge binder covering their current
strategy map and their thinking behind it, all of which had been in development for
well over a year.
In PerformancePoint Server, strategy maps can be imported from those created
in Visio 2007, or they can be created directly in the PerformancePoint tools using
a scaled-down version of Visio. The different objects representing each goal can
be tied to KPIs that are created so that people can see the scorecard as the strategy
map, as a traditional scorecard, or see both side by side. This is a powerful concept
because it allows people to see how well the goals are being achieved. It??™s important
to understand that the strategy maps used by PerformancePoint Server to actually
display information are usually at a much more granular level than the traditional
strategy maps.
Summary
Key Performance Indicators are the basis for much of the analysis done at high
levels of an organization. Far from a simple graphical display, they represent the
very core metrics of the business and include both a status and a trend. Useful
by themselves, KPIs become even more powerful when placed on a scorecard.
Scorecards can take various KPIs, group them into different perspectives, and
provide scores in each perspective as well as an overall score. KPIs at a very high
level may break down into lower level KPIs to provide more detailed information.
Pages:
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132