A scorecard assesses progress to strategic goals whereas a dashboard assesses performance to operational goals. Scorecards is a way of consolidating and comparing (for cause and effect purposes) metrics relating to a holistic assessment of organizational or functional performance, whereas dashboards can be targeted at a single or small, but a related number of operational performance drivers. A balanced scorecard is a strategic decision support system; whereas a dashboard is an operation support decision instrument.
A well-balanced scorecard measuring key strategic performance indicators provide the management team both a data-based story and a holistic picture on how to fix critical issues and make a leap of digitalization. It allows you to focus on the most important things and tailor the needs of varying business stakeholders, and ensure that these measures are quantitative, and implement whatever mechanisms you need to be able to gather the information and measure them in an objective way.
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Feedbackscoreboard