Scoring the Balanced Scorecard

The balanced scorecard is the single best tool for measuring, managing and communicating performance. The information gained from the scoring process can yield incredible insights. This 7-minute video discusses the mechanics of scoring a balanced scorecard.

[@vishwasacharya9040]

For those asking how 90, 93, 84, 66% are calculated: Arithmetic progression for each case is considered 1. Target (T) = 22% is weighted as 80% & Stretch (S) = 24% is weighted 100% 24 - 22 = 2% increase in measured score is equivalent to 100 - 80 = 20% increase in weighted score i.e., every 1% measured amounts to 10% score. Hence Actual = 23% is scored as 80+10 = 90%. 2. T = 9.2 weighted 80%, S = 9.5 weighted 100% T - S = 0.3. 0.3 increase is equivalent to 20% increase in score i.e., every 0.1 amounts to 20/3 = 6.6% Hence for 9.4 which is 2 points increase = 6.6 * 2 = 13.2% increase. Hence Actual = 9.4 is scored at 80+13.2 = 93.2 ~ 93% 3. T = 90% weighted 80%, S = 95 weighted 100% T - S = 5% increase is equivalent to 20% increase in score i.e., every 1% amounts to 20/5 = 4% Hence Actual = 91% is scored as 80+4 = 84 4. T = 40 weighted 80%, S = 50 weighted 100% T - S = 10 increase is equivalent to 20 % increase in score i.e., unit score amounts to 20/10 = 2% Hence Actual = 33% is scored as 80-(7*2) = 66%

[@_dreamyq_5590]

hey thanks for new knowledge bro!!

[@VinhNguyen-vv9zu]

You saved my life. Thank you!

[@julianweiland]

Fantastic explanation!!

[@rainerfs4563]

Very interesting. Thank you!

[@ReyDev165]

Great explanation

[@Rey_Mixteco]

Thanks for explanation.

[@h196_]

thank you so much ! it helped a lot ,, can u please do a sample of a task? like screenrecord while you do this as a Q3 BSC please :(

[@mystonefeel]

a small neural network only forward not include BackPropagation

[@blgoz783]

Hi, can we use this method also for reduction KPIs (like interruption duration) Want to use this for both increasing and decreasing thresholds? (Strecth and target values)

[@HuyenTran-to4fo]

Please share and thank you so much!

[@sunilupadhyay1981]

Can you please share the presentation as it is not visible

[@ntcuong01ct1]

Core competencies are people or machine or plant or licence of invention, right?

[@ntcuong01ct1]

Dear friends, I have a question: I want to display the core competency of a company through strategy map, balanced scorecard. Could you help?. Thank you.

[@lienyling8026]

it's a good introduction, would you share this excel file with me, please

[@sherifossman]

Thank you but how can i calculate the score?

[@jefferson4213]

exactly!

[@haftomkahsay7076]

It is not clear how to calculate sir?

[@ahsanhabib2562]

Would you please share here how the calculation will be?? 90%, 93%, 84%, 66%. Please...

[@haftomkahsay7076]

It is Not clear for me also

[@arnelbautista7330]

Score 90 x 30% = 27% Score 93 x 30% = 27.9% Score 84 x 20% = 16.8% Score 66 x 20% = 13.2% Prospective score = 84.9% or 85% am i right? 😄

[@MaggieNZ2012]

hi guys, I worked out the calculation for the scoring :-) can share you the formula in excel.

[@vujun143]

Would you share to my email [e-mail]? Much Much Appreciated.

[@priyanka5473]

@@vujun143 even I would like to know .

[@SVGMotors]

@@vujun143 can you share to [e-mail]?

[@lazyboy123]

Can you share to [e-mail]?

[@haftomkahsay7076]

would you please share me to my email([e-mail])

[@zwelakhegxoyiya1126]

This was so frustrating because you didn't assist with the real answer... learn to empower people then your business will grow...