Skip to content

Great value for users

KPIs, scorecards and dashboards are a way of communicating data typically used by financial departments. Because it is about prioritizing the most important information and making it available to the user – all parts of the organization can benefit from using it.

If you do it the right way you will also find that KPIs, scorecards, and dashboards will benefit the users in such a way that they will want to access them.

In this way, it can be used widely throughout the organization to create an overview and common understanding. This applies to both challenges and successes that others can benefit from. KPIs, scorecards and dashboards can thus be used as tools to achieve your goals and to constantly get better at creating results.

What is most important for being able to execute the strategy?




Decision rights


Motivational factors



Source: Neilson, Martin & Powers, Harvard Business Review (2008)

Focus areas

Data is the most important building block for the information that, according to the Harvard Business Review, is needed to execute the strategy. Data that should be used for KPIs – which are included in both scorecards and dashboards.


The truth is that no matter what we call them, and no matter what people think of them, KPIs are necessary. Although some use completely different terms such as “OKR” (Objectives and Key Results), there are many factors that we need to measure with KPIs. While some users may have a bad experience with KPIs, the same users typically end up being very satisfied, as long as the KPIs are used properly. twoday kapacity can help you get started with KPIs.


twoday kapacity’s approach to KPIs

  • Breakdown strategy or overall goals into operational goals
  • Workshop for prioritizing goals
  • Process for selecting the right KPIs
    – Actionable and relevant KPIs
    – Leading and lagging
  • A standard for definition, calculation, and documentation of KPIs
  • Best practices for targets for KPIs
    – Absolute
    – Relative
    – Individual
    – Shared
  • Best practices for using KPIs to create transparency
  • Dialogue about how to drive the right behavior with KPIs
  • Maintenance and governance of KPIs


Scorecards can be used for the selected handful of KPIs that should be memorized. A scorecard is a brief overview of the results of the KPIs’, which also shows whether the target values have been reached. This can be converted to a score (hence the name scorecard) or weighed together into an overall “grade”. The score can be used to compare managers or business areas.


The best dashboards create an overview of larger business areas in a way that would normally fill a longer report. By condensing and visualizing the KPIs, they are presented in such a way that one can immediately see performance challenges that require action.

A dashboard has room for more KPIs than a scorecard and the KPIs show the “raw”, unfiltered performance. Here you can get an overview of everything from goal fulfillment, historical development, future trend, benchmarking and much more. Dashboards provide a better opportunity to understand complex contexts and to avoid focusing too one-sidedly on individual KPIs.


twoday kapacity's approach to dashboards

  • KPI mapping based on strategic, tactical, and operational goals
  • User mapping – including responsibilities at department or team level
  • Target-setting for dashboards
  • Visualization of KPIs and dashboard designs
  • Design, implementation, and training in follow-up process for dashboards
  • Communication exercise to ensure acceptance with the introduction of dashboards

Do you want to get started? So do we

Do as a large number of the country’s most ambitious companies:
Fill out the form or get in touch with Søren – then we can have a chat about your challenges and dreams.

Søren Toft Joensen

Partner & CCO
26 30 90 01