A method for reusing high performing corporate goals and objectives as models of best practice
Original Publication Date: 2008-Jul-15
Included in the Prior Art Database: 2008-Jul-15
The concept of managing business performance through scorecarding is common in businesses today. As companies rely more on their scorecards, their amount of target performance data and actual performance data will grow. This article describes a method for allowing companies to benefit from having a tool that automates the process of finding top performing objectives to identify best practices and reuse successful objectives. The method includes an algorithm which is based on IBM Lotus' scorecarding solution, ActiveInsight.