Scorecarding: advantages
EA Scorecard offers the following advantages:
| 1. Monitoring of performance |
- Relevant, rational, results-oriented objectives represent the basis for any strategy and any plan.
- Measurement indicators make it possible to link together strategy, individuals and performance.
- The improvement in quality or performance is sustained by monitoring of the performance measurement indicators chosen.
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| 2. Management of measurement indicators |
- Strategic information is transformed into a coherent set of measurement indicators.
- The measurement indicators are defined, grouped, disseminated and linked from a central Data Warehouse.
- Unique registration guarantees easy access to measurement indicators.
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| 3. Action on performance |
- Performance problems are detected and treated at source.
- Strategy can be adjusted and implemented without wasting time and on the basis of appropriate strategic information.
- Monitoring of measurement indicators highlights correlations between various performances.
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Forcea’s Scorecarding services can be principally divided into 4 sub-processes. |
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