Explain about scorecarding?
Answer / Sapna Gupta
Scorecarding in Cognos is a method of measuring performance by assigning weights to different key performance indicators (KPIs). It helps organizations monitor progress towards their goals and identify areas for improvement.
1. Define KPIs: Identify the important metrics for your organization.
2. Assign weights: Determine the importance of each KPI by assigning a weight between 0 and 100.
3. Calculate scores: Use formulas to calculate scores based on the KPIs and their weights.
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