More and more these days as I visit project management offices across the country, I end up talking about scorecarding and balanced scorecarding. These terms are part of a popular trend in management at the moment which is based on the simplest of management principles. Scorecarding refers to simply setting goals for certain results in the business and then tracking those results on a regular basis. (See? I told you it was simple). The notion…
Scorecard and Business Intelligence software is the hot button of the IT world these days but the display, as beautiful as it might be, is only as good as the data it comes from. In fact, a dashboard display that shows bad indictors because there is no business process behind the metrics is more dangerous than no display at all.