Scorecard is a New Feature in OBIEE-11g

Design of a OBIEE 11g Scorecard ultimately is about the identification of a small number of financial and non-financial measures and attaching targets to them, so that when they are reviewed it is possible to determine whether current performance 'meets expectations'. The idea behind this is that by alerting managers to areas where performance deviates from expectations, they can be encouraged to focus their attention on these areas, and hopefully as a result trigger improved performance within the part of the organization they lead.

Balanced Scorecard design process:

1. Translating the vision into operational goals;
   
2. Communicating the vision and link it to individual performance;
   
3. Business planning; index setting
   
4. Feedback and learning, and adjusting the strategy accordingly.
   
5. Although it helps focus managers' attention on strategic issues and the management of the implementation of strategy,
   it is important to remember that the balanced scorecard itself has no role in the formation of strategy. In fact, balanced scorecards can comfortably co-exist with strategic planning systems and other tools.