Create a Simple KPI Scorecard using BSC Designer

Create a simple strategy scorecard step by step. Add goals, set up indicators, and create initiatives.

Learn more about the Balanced Scorecard framework:

Here is the summary of the steps explained in the video.

Create an empty scorecard

Goals are containers for indicators.

Select Customer perspective
Click Add button on the toolbar
Specify the name of the goal in the Name field (example: "Improve quality of the product")

Make the goals more specific by quantifying them with indicators.

Select the goal created on the previous step
Click Add button on the toolbar
Specify the name of the indicator in the Name field (example: "The number of problems reported")

Select an indicator and use the tabs below to adjust its settings.

General tab:

Data tab:

Enter baseline, target, current value (used to calculate indicator's progress)
Click the Values editor button for advanced settings - update interval, inheritance, grouping of the indicator
Use the Data source button to automate data input via Excel, databases, RestFULL API

Performance tab:

Adjust the performance function (typically maximization or minimization)
Specify the relevant weight of the indicator compared to other indicators in the same branch

View tab:

Context tab:

Leading indicators are aligned with success factors and quantify efforts.

Click the Add button to create a new indicator
Specify the name of the indicator in the Name field (example: "% of reviewed processes")
Switch to the Context tab to change the type of indicator to leading

Formulate action plans or initiatives for the goals.

Click on the Initiative button next to the goal
Create a new initiative - specify progress indicator, budget, timeline, additional detail
Use other types of initiative record, such as hypothesis or rationale

A strategy map is created automatically using the data from the KPIs tab.

Visualize performance data on the dashboards.

To cascade scorecard, open two scorecards in separate tabs: