4 Stages of Scorecard Competency

4 Stages of Scorecard Competency: "4 Stages of Scorecard Competency
Introduction
Corporate Performance Management (CPM - an envelope terminology encompassing best practices like the balanced scorecard, management dashboards, and various analytical frameworks) can serve as an invaluable tool to the manager and business user looking to improve the effectiveness of Business Intelligence (BI) software and technology. However, like any sound tool, CPM requires proficient implementation to maximize its true potential.
BI can certainly be implemented without CPM best practices, but much of the benefit will be missed. Implementing CPM requires the cooperation of multiple business units, often exposes weaknesses in the corporate information infrastructure and can be deemed disruptive.
When Implementing CPM best practices, there are four stages the implementation managers will face. By identifying these respective stages and taking the right step at each phase, CPM implementers can be aware of the potential pitfalls."