Understand Cognos TM1 Scorecarding
IBM® Cognos® TM1® Scorecarding integrates scorecarding and strategy management capabilities into IBM Cognos TM1 to provide better integration of performance management with planning. Use IBM Cognos TM1 Performance Modeler to define and build scorecarding solutions. You can then make them available for interaction and monitoring in IBM Cognos Insight, IBM Cognos Workspace, and IBM Cognos TM1 Web.
Using Cognos TM1 Scorecarding, you can complete the following tasks:
- Visually capture and monitor organizational strategy and goals
- Define and monitor your key performance indicators (KPIs) with traffic light and trend icons
- Compare your KPIs to corporate strategic goals
- Create interactive scorecard diagrams and data visualizations
What is a scorecard?
A scorecard is a collection of performance metrics that are designed to reflect the strategic goals of a business unit or organization. The information about a scorecard identifies how well the objectives are being met by comparing planned to actual results. Scorecards can also show information for the different organizations in your business. By using visual status indicators such as traffic light and trend icons, scorecards can help users to quickly evaluate performance.
What is a Cognos TM1 Scorecarding solution?
A Cognos TM1 Scorecarding solution combines your TM1 data and dimensions into interactive diagrams and data visualizations that you can share with other users.
The key terminology for Cognos TM1 Scorecarding includes the following objects:
- Scorecard solution
- A collection of TM1 objects that includes a metric dimension, a metrics cube, and one or more interactive scorecard diagrams. A scorecard solution is built in Cognos TM1 Performance Modeler and used in Cognos Insight.
- Metric
- A measure or key performance indicator (KPI) that conveys the performance of an important area of the business. Examples include Profit, Revenue, and Expenses.
- Metric indicator
- A measure of performance, status, or trend for a key area (metric) of a business. A metric indicator compares current results to target values. For example, Score, Status, and Trend.
You can create scorecards for different audiences to cover different levels of detail. To best manage your scorecard solution, create separate scorecards for each unit in your organization.
Scorecarding data
You build scorecarding solutions that are based on new or existing data from your Cognos TM1 system.
Scorecarding diagrams
Using Cognos TM1 Scorecarding, you can build the following interactive diagrams and data visualizations that are based on the dimensions in your metrics cube.- Impact diagram
- Strategy map
- Custom diagram
- History chart
Scorecarding tools
Cognos TM1 Scorecarding uses the following user interfaces to create, manage, and view your scorecard solutions.
- IBM Cognos TM1 Performance Modeler
- Use Cognos TM1 Performance Modeler to build and deploy your
scorecarding solutions.
- Use the Scorecards Welcome page in Cognos TM1 Performance Modeler to start all the necessary
tasks to build your scorecards.
To open the Scorecards Welcome page, click Create Scorecards on the Model Design Welcome page in Cognos TM1 Performance Modeler.
- Use the dedicated scorecard edit tools in Cognos TM1 Performance Modeler to define and build your scorecarding dimensions, cubes, and diagrams.
- Deploy a scorecarding solution to a Cognos TM1 server to make it available to users of IBM Cognos Insight.
- Use the Scorecards Welcome page in Cognos TM1 Performance Modeler to start all the necessary
tasks to build your scorecards.
- IBM Cognos Insight
- Use the dashboard features in Cognos Insight to display your strategy maps and impact diagrams as interactive visualization diagrams. Using Cognos Insight, you can select values for different time periods, metrics, and dimensions and analyze data directly in your scorecarding diagrams.
- IBM Cognos Workspace
- View and interact with metrics cubes and scorecarding diagrams.
- IBM Cognos TM1 Web
- View and interact with metrics cubes, impact diagrams, and strategy maps.
Scorecarding objects
Cognos TM1 Scorecarding uses the following specialized TM1 objects to organize and store your scorecarding solution:- Metric dimension
- Metric Indicator dimension
- Metrics cube
- Impact diagram
- Strategy map
- Custom diagram
- History chart