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When you don’t need a comprehensive management scorecard application, consider options beyond SAP BusinessObjects Strategy Management or Strategic Enterprise Management-Corporate Performance Monitor Balanced Scorecard. Depending on your requirements, BEx Web Application Designer, SAP NetWeaver Visual Composer, or Xcelsius can also address your company’s management scorecard requirements. Find out when to use each option and how to create optimized scorecards for your management teams, with particular emphasis on using Xcelsius.

Key Concept

A management scorecard provides a broad overview of a company’s performance by comparing its results against internal goals or external benchmarks. Management teams can then use this information to help evaluate their performance and assess which areas may need additional attention. Unlike a comprehensive solution such as the Balanced Scorecard — which aligns with the company’s strategies and integrates with goals, initiatives, and value drivers to gain the benefits of managing your business with dashboards — the management scorecard typically highlights problems, but does not reveal the root cause drivers for further exploring and addressing the issues.

Now that many companies have broadly implemented SAP NetWeaver BW to extract data from their SAP and non-SAP systems, they are moving from standard reports to analytics, dashboards, and management scorecards. This evolution is important as companies start to look at their strategic objectives and analyze how their business initiatives and processes are aligned to meet their goals. The management scorecard is the final report card for many companies to inform management about how their company is performing.

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