The Remote Scorecard
Whether they are based on personal objectives, business goals or management and process metrics, knowing how well you and your business is performing is critical for more than just peace of mind. More than business financials - which are geared to investors or the tax department - keeping up-to-date information on personal objectives, business goals, and management & process metrics will let you know how well your business is doing from an operations perspective. Having a way to monitor can mean the difference between being able to respond to a problem versus not even knowing it is there. It can mean the difference between having a week-end away, or having to be at the office or in the warehouse to keep an eye on things.

The Remote Scorecard is a tool that makes people think about what drives the organization and it shows how results are achieved. It measures the Key Performance Indicators (KPIs) of the organization, allowing the owner to decide which areas of the business need immediate attention, need to be of concern or which areas are running smoothly.
One reason why business' collapse is because there is a lack of communication and understanding, and most importantly, a lack of relevance between the performance measures to strategy and mission of the business. A business' "strategy" is a connection between what the business is trying to achieve (mission & vision) and what it is actually doing (implementation). Just by measuring the wrong things, wrong things get done and confusion increases while the business' effectiveness decreases.
In other words, by measuring the right stuff in your business, everything should fall into place. That is why the Scorecard is so crucial to have. It addresses many of the major aspects of an organization such as finance, marketing, operations, and innovations and learning (i.e., growth).
A Scorecard is a dynamic process because it is constantly changing with updates. Furthermore, it measures what is important to the business, and allows relevant goals to be
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What gets measured gets done |
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