Objective Templates

Out-of-the-box templates of Objectives are available in the KPI Library pane. Each template has a unique name.

ClosedTo access:

  1. Click the STUDIO tab. If the KPI Library pane is not displayed , click the vertical KPI Library tab to the left of the Active KPIs pane.
  2. In the KPI Library pane, select the relevant tree.
  3. Click the relevant Objective template in the tree to display its Configuration Details area.

ClosedObjectives

An Objective represents an overall performance goal that is defined by an executive. An Objective is a heading for a group of KPIs of different types that can represent different aspects of the goal.

Example If an executive wants to measure the IT department responsiveness, an Objective that measures different aspects of the responsiveness of the IT department is created.

Each aspect is measured by a different KPI type (for example: PC purchase time, and more). These KPIs provide values, trends, and statuses.

An Objective always shows the status of a performance goal, but does not display a performance actual value. In a typical Scorecard, Objectives show cumulative performance indicators that roll up the scores of KPIs. On a Scorecard, Objectives appear at the top level of a KPI hierarchy.

Objectives should be “SMART” (Specific, Measurable, Action-Oriented, Realistic, and Time Bound). This distinction makes it possible to know if you have met your objective.

Example If your Reduce Costs Objective is about cost reduction, your organization may not hit the mark or may go too far. Objectives have both a negative and positive impact on organizational behavior. The “Smarter” your goal, the less variation you will experience in your results. A better objective would be for example, reduce IT operating expenses by 20% in 2011. This new objective gives you a targeted expense to reduce, a percentage goal, a time period and an organization. It meets the criteria and is achievable.

Parent-child dependency:

An Objective is a parent unit for its KPIs. An Objective uses a specific rule for the calculation of its results. The rule is based on the child KPIs score results. The available parent-child rules are:

  • BEST_CHILD – The parent Objective result corresponds to the highest score of its child KPIs score values.
  • WORST_CHILD – The parent Objective result corresponds to the worst score of its child KPIs score values.
  • WEIGHTED_AVERAGE – The parent Objective result is the average value of its weighted child KPIs score values.

ClosedView the template definitions

  1. Click the STUDIO tab. If the KPI Library pane is not displayed , click the vertical KPI Library tab to the left of the Active KPIs pane.
  2. In the KPI Library pane, select the relevant tree.
  3. Click the relevant Objective template in the tree to display its Configuration Details area.

ClosedConfiguration Details Tab for an Objective Template

This page displays configuration information for the selected Objective template.

User interface elements are described below (when relevant, unlabeled elements are shown in angle brackets):

UI Element

Description

General - Objective Template
Name

The name of the Objective template.

Limitations: The maximum number of characters is 240.

Description

The description of the Objective template.

Limitations: The maximum number of characters is 1000.

Id

The ID number of the Objective. It is automatically assigned.

This information is displayed only when in debug mode. To set the debug mode, click ADMIN > Settings > BA Settings, and in Debug Mode, select the Application Debug Mode setting.

Type

The type of the Objective. It is automatically assigned.

This information is displayed only when in debug mode. To set the debug mode, click ADMIN > Settings > BA Settings, and in Debug Mode, select the Application Debug Mode setting.

Calculation Period

The calculation period of the Objective template.

Calculate Using The type of rule to use to calculate the Objective's score according to the scores of its children.

You can select:

  • Worst child. The Objective score is the worst score of all the KPIs assigned to the parent Objective (when the Objective has child KPIs) or of the Objectives assigned to the parent Objective.
  • Best child. The Objective score is the best score of all the KPIs assigned to the parent Objective (when the Objective has child KPIs) or of the Objectives assigned to the parent Objective.
  • Weighted average. The Objective score is the average of the scores of the KPIs assigned to the parent Objective multiplied by the relevant weights, or if the Objective has child Objectives, the average of the scores of the child Objectives multiplied by the relevant weights. When you select this rule in the Studio, an additional column (Weight) where the user can configure the weight of each child (Objective or KPI) for the weighted average calculation. When you select this value a note is displayed explaining what is weighted average.
Assigned KPI Templates. lists the KPI templates as assigned to the selected Objective template.
Name The KPI templates assigned to the Objective template.
Weight The weight of the KPI used in the calculation of the Objective score.