Balanced scorecards and operational dashboards

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balanced scorecards and operational dashboards

Balanced Scorecards and Operational Dashboards with Microsoft Excel by Ron Person

Created in Excel, balanced scorecards enable you to monitor operations and tactics, while operational dashboards is a set of indicators regarding the state of a business metric or process--both features are in high demand for many large organizations. This book serves as the first guide to focus on combining the benefits of balanced scorecards, operational dashboards, performance managements, and data visualization and then implement them in Microsoft Excel.
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Published 04.12.2018

Balanced scorecard

What’s the Difference Between a Dashboard and a Balanced Scorecard?

Balanced Scorecards and operational dashboards measure organizational performance and Microsoft Excel is the tool used worldwide to create these scorecards and dashboards. This book covers time-proven step-by-step processes on how to guide executive teams and managers in creating scorecards and dashboards. It then shows Excel developers how to create those scorecards and dashboards. This is the only book that converts theory into practice. The author addresses the people and processes you need to identify strategy and operational metrics and then implement them in dashboards in three versions of Excel. You'll learn how balanced scorecards help organizations translate strategy into action and the ways that performance dashboards enable managers monitor operations.

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You are currently using the site but have requested a page in the site. Would you like to change to the site? Ron Person. Balanced Scorecards and operational dashboards measure organizational performance and Microsoft Excel is the tool used worldwide to create these scorecards and dashboards. This book covers time-proven step-by-step processes on how to guide executive teams and managers in creating scorecards and dashboards. It then shows Excel developers how to create those scorecards and dashboards. This is the only book that converts theory into practice.

These two buzzwords cause confusion among business professionals as they are used synonymously. It starts with global business objectives and then moves down to KPIs level. If something happens on the dashboard, an executive needs to analyze the cause and effect connection between various parts of the business system to find out what is needed to be done to fix the problem. The dashboard and the Balanced Scorecard are tactical and strategic tools respectively. Their usage processes are different as well. A Dashboard is supposed to be available for supervisor roles only, but some companies think that this valuable information can help line-level employees in their daily job as well.

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