What is myBalanced Scorecard in SAP FIN-SEM-CPM - Corporate Performance Monitor?

SAP Term: myBalanced Scorecard

• Component: FIN-SEM-CPM

• Component Name: Corporate Performance Monitor

• Description: Has two meanings: View of a scorecard that is saved as a personal view in the list of personal views and appears at the top of this list Function that allows you to call up the presentation of that particular personal view that appears at the top of the list of personal views.

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• Key Concepts:
  myBalanced Scorecard is a component of the FIN-SEM-CPM Corporate Performance Monitor (CPM) module in SAP. It is a tool that helps organizations measure and monitor their performance against their strategic objectives. It provides a comprehensive view of an organization's performance by combining financial and non-financial metrics into one scorecard.
  
  How to use it:
  myBalanced Scorecard can be used to track and monitor an organization's performance against its strategic objectives. It allows users to create custom scorecards with metrics that are relevant to their organization's goals. The scorecard can then be used to measure progress and identify areas for improvement.
  
  Tips & Tricks:
  When creating a scorecard, it is important to select metrics that are relevant to the organization's goals and objectives. Additionally, it is important to ensure that the metrics are measurable and actionable. This will help ensure that the scorecard is effective in tracking progress and identifying areas for improvement.
  
  Related Information:
  The FIN-SEM-CPM Corporate Performance Monitor module in SAP also includes other components such as myStrategy Map, myKPI Library, and myDashboard. These components can be used in conjunction with myBalanced Scorecard to provide a comprehensive view of an organization's performance.