A scorecard brings several metrics together into one consolidated view, showing how an individual, team or business unit is performing against target across each measure at a glance.
What it means
A scorecard is often structured around the same kind of categories a balanced scorecard uses at the organisational level, scaled down to what is relevant for a smaller team or individual - giving a consistent way to read performance up and down the organisation.
Where it fits in
Scorecards are commonly reviewed during the performance cycle's check-ins, giving a manager and employee a shared, current view of how each KPI is tracking before the formal appraisal is reached.
Key rules
- Consolidates several metrics into one view against target.
- Often mirrors the balanced scorecard's categories at a smaller scale.
- Used during cycle check-ins, not only at the final appraisal.
- Gives a consistent way to read performance at any organisational level.
