Keeping track of all the activities that take place in an online business can seem like an impossible mission: purchasing, sales, logistics, administration, customer service... Fortunately, the Internet provides us with a multitude of tools that make it easier for us, to a certain extent, to monitor and control everything that happens in our business.
How to Create a Balanced Scorecard in Excel
Having a tool that measures our results, without having a goal on the horizon, can lead us to a state of uncertainty about the company's progress. To avoid this situation, in 1992 the American economists Robert Kaplan bolivia phone number data and David Norton developed the first Balanced Scorecard (BSC).
The BSC is a business management tool that measures a company's activities based on its long-term vision and strategy. In this way, thanks to the indicators in the balanced scorecard, business managers are provided with a global view of the company's strategy and evolution.
A BSC is therefore an essential dashboard tool for the strategic management of your business. It is capable of measuring the evolution of all the activities of a digital company, as well as monitoring the evolution of the results of the objectives set through control indicators.
To capture all these results, it will be necessary to know how to make a balanced scorecard in Excel . Through this type of templates we can visualize the results and KPIs of the different departments that make up a company such as marketing, sales, Human Resources, IT, among others.