Balance Scorecard: Step-by-Step Creation Of A Simple Scorecard
Balance Scorecard: Step-by-StepCreation of a Simple ScorecardApplies to:SAP BPS and SAP BI. For more information, visit the Business Intelligence homepage.SummaryScenario: The head of the Finance department and you are currently evaluating SEM-CPM StrategyManagement as a solution to implement and monitor the overall strategies throughout your enterprise.Author:Sandeep KumarCompany: Accenture ServicesCreated on: 23 September 2008Author BioHe has been working on SAP BI from last 4 years and is a certified NetWeaver 2004s consultantSAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com1
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardTable of ContentsBalance Scorecard Overview .3Step-by-Step Creation of a Balance Scorecard.3Relationship between Scorecard Elements.4Related Content.22Disclaimer and Liability Notice.23SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com2
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardBalance Scorecard OverviewSAP Strategic Enterprise Management (SEM) aims to fill the strategic gap between the corporate vision andits resultant strategies on the one hand, and between operational target setting and budget/resourceallocation processes on the other hand.There is a need in today’s competitive environment to think quite different from the financial measures inunderstanding, analyzing, and deciding the activity or health of an organization. Balanced Scorecard is oneof the most sought-after analyzing methods in use. The classic, view of the Balanced Scorecard includesfour perspectives: Financial Perspective Internal Perspective Customer Perspective Learning & Growth PerspectiveThe integration of the strategies of all the business units is provided by the strategic objectives and, notnecessarily by the measures. Every business unit assigns measures to its strategic objectives.A scorecard is time depended and shows the indicators for the chosen period.Balance scorecard uses the same data basis as SEM BPS (BW Integration)After completion of this presentation, you will be able to use the Balanced Scorecard by carrying out adetailed and analyzing strategies, objectives, and key figures in detail.Step-by-Step Creation of a Balance ScorecardThe Balanced Scorecard is a performance management methodology. An organization first needs to have adeveloped strategic plan with objectives, the projects to reach those objectives, and the indicators to monitorthat shows whether you are reaching those goals.The sequence to create Balanced Scorecard is –1. Create Measure Catalogue in Design tab of SEM.2. Create Measure: MEASURES are assigned to each objective to track performance.3. Create Strategy: Many Individual strategies exist which refer to the improvement of strategic values.4. Create Perspective: Objectives are assigned to the perspectives5. Create Objective. Every strategy consists of a specific number of OBJECTIVES, which all havedefined targets and whose value is measured using one or more measures6. Create Scorecard7. Assign strategies to Scorecard8. Assign perspectives to strategy.9. Assign objectives to perspective.10. Assign measures to objective.11. Specify the values in Value field tab of measure.12. Specify the Attributes.13. Specify the display format in Graphics tab.14. View the result in Balanced Scorecard.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com3
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardRelationship between Scorecard ureMeasureMeasureSelect Design tab –SAP Menu- Accounting- Strategy Management- DesignSAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com4
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 1Screen 2You will get the following screen of Strategy Management Design.Click on Measures in Measure DefinitionSAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com5
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 3Now we will see a screen with Measure Catalog to be created:Screen 4First create a measure catalog. Give the name and descriptionSAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com6
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 5Let’s create a measureScreen 6Specify the technical name & description of measure.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com7
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 7Data source Tab – Specify the entry in the RFC destination:BW Query. You need to have a query created on an Info cube. It’s a prerequisite in Balanced Scorecard.Assign key figures to measure. Drag it from the right side into the “datasource for measure”Specify further details in Attribute tab. SAVEScreen 8SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com8
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 9Create Strategy. UMC CPM STRAT (Strategy management under SEM under /n)Screen 10Specify the Strategy of organization in editor screen.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com9
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 11Create perspective & specify the perspective of organization in editor screen. UMC CPM STRAT (Strategymanagement under SEM under /n)Screen 12Create objective. (UMC CPM STRAT (Strategy management under SEM under /n))SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com10
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 13Screen 14Create Scorecard in transaction: UMC CPM STRAT or (Strategy management under SEM under /n)SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com11
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 15Create a Hierarchy node & assign Scorecard to it, which was previously under the unassigned node.Screen 16Screen 17SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com12
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 18Now Assign Strategy to Scorecard.Screen 19SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com13
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 20Screen 21SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com14
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 22Screen 23Assign perspectives to strategy.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com15
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 24Assign objectives to perspectiveScreen 25SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com16
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 26Assign measures to objective.Screen 27SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com17
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 28Screen 29Specify the details (Actual & Plan value) in value fields tab of measure.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com18
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 30Here, the filter values are needed.Screen 31Define formula in formula tab. You can provide the range for values to be displayed.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com19
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 32In Graphics tab, you can specify the format in which you want to display your results.Screen 33To view the result, click on Balanced scorecard.SAP Menu- Accounting- Strategy Enterprise Management- Balanced ScorecardSAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com20
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardScreen 34Select the Hierarchy node & Double click on Balanced Scorecard in right panel.Screen 35You will get the following screen as Output.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com21
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardRelated ContentUsing Balanced Scorecard to Support a Business Process Architecture by Paul Harmonhttp://help.sap.com/saphelp /frameset.htmFor more information, visit the Business Intelligence homepage.Books Paul Niven’s “Balanced Scorecard: Step by Step” Bob Paladino's "Five Key Principles of Corporate Performance Management". Dr. Marco Sisfontes-Monge "CPM and Balanced Scorecard with SAP"SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com22
Balance Scorecard: Step-by-Step Creation of a Simple ScorecardDisclaimer and Liability NoticeThis document may discuss sample coding or other information that does not include SAP official interfaces and therefore is notsupported by SAP. Changes made based on this information are not supported and can be overwritten during an upgrade.SAP will not be held liable for any damages caused by using or misusing the information, code or methods suggested in this document,and anyone using these methods does so at his/her own risk.SAP offers no guarantees and assumes no responsibility or liability of any type with respect to the content of this technical article orcode sample, including any liability resulting from incompatibility between the content within this document and the materials andservices offered by SAP. You agree that you will not hold, or seek to hold, SAP responsible or liable with respect to the content of thisdocument.SAP DEVELOPER NETWORK sdn.sap.com 2008 SAP AGBUSINESS PROCESS EXPERT COMMUNITY bpx.sap.com23
The Balanced Scorecard is a performance management methodology. An organization first needs to have a developed strategic plan with objectives, the projects to reach those objectives, and the indicators to monitor that shows whether you are reaching those goals. The sequence to create Balanced Scorecard is
Assign a scorecard template to a new scorecard to transfer the scorecard components and their weightings to the scorecard. To guarantee that the components on the scorecard cannot be removed or modified, lock the scorecard. See Chapter 8 of the Hyperion Performance Scorecard – Sy
Balanced Scorecard Step By Step guides readers through the processes required for a successful Balanced Scorecard project. In addition, he shows how to become a strategy-focused organiza-tion by imbedding the Balanced Scorecard into critical organizational pro-cesses. The book provides an
How to Create a Successful Balanced Scorecard What is a Balanced Scorecard The balanced scorecard is a concept and tool first conceived by by Robert Kaplan and David Norton. The balanced scorecard idea debuted in the Harvard Business Review in 1992. "The balanced scorecard retains traditional financial measures. But financial measures tell the .
Manfaat Balanced Scorecard Manfaat Balanced Scorecard bagi perusahaan menurut Kaplan dan Norton (2000: 122) adalah sebagai berikut : 1) Balanced Scorecard mengintegrasikan strategi dan visi perusahaan untuk mencapai tujuan jangka pendek dan jangka panjang. 2) Balanced Scorecard m
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Balanced Scorecard Step-by-Step. to provide a systematic implementation guide to readers incorporating or considering incorporat-ing the Balanced Scorecard methodology in their organization. My experi-ences as a Balanced Scorecard practitioner with a large Canadian company taught me that tremendous results are possible with the tool, but to attain
language that is spoken in the environment which they live, since the ability to distinguish the phonemes of one’s language environment is crucial to language acquisition. It is this ability which allows French children adopted by Japanese parents to speak the language of their environment (Jackendoff). Language Development 3 Exposure to language thus influences infants’ acquisition of .
