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How do Performance scorecards drive business improvements?

April 26, 2017Business drive improvements PERFORMANCE scorecards

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How do Performance scorecards drive business improvements?

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Performance scorecards consolidate the score of multiple key performance indicators in a weighted index. This enables businesses to identify performance trends on groups of KPI’s that are used to measure the performance of a business activity of business process. By identifying a trend and analyzing the trend business can forecast future development and initiate performance improvement programs accordingly.