Scorecards can be created new, or based on settings in an existing scorecard. When creating a new scorecard, create the five key scorecard components in the following order:

1. Create or simply identify the that defines the strategic viewpoints of the scorecard.

   Later, when you create objectives (step three in this illustration), you need to assign each objective to the perspective to which it contributes.

2. Create the scorecard itself to lay the foundation for the remaining components. You can create scorecards for an individual employee, an organization unit, or for the organization as a whole.

3. Create objectives to define what you want to achieve within each perspective.

4. Set up the measurements that define how you want to measure progress toward objectives.

5. Set Target for your measurements to define your goals and milestones toward your objectives.

You can view current performance results for all scorecard components by clicking Balanced scorecard> Inquiries> Overview . Components are sorted according to their perspectives so that you can easily monitor progress toward key strategic aspects.

You can make scorecards available to individual or groups of people on the Enterprise Portal by creating cockpits for people in the network. The information displayed is the same as that displayed in the Overview . They can view the information, but you cannot edit it.

Before creating the scorecard you must create the following: