Intellectual Capital Development Evaluation Balanced Scoreboard metrics template for Excel
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Intellectual Capital Development Balanced Scorecard Metrics Template

Intellectual Capital Development measurement KPI - Balanced Scorecard metrics template example

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The Balanced Scorecard (BSC) dashboard indicates performance within each perspective and the total performance of Financial.

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Evaluating assets that exist in physical form is much easier as compared to studying ‘intangible’ assets like Intellectual capital which calls for the use of holistic methodology like balance score card for its proper holistic analysis. The directions, which need to be looked into relate to Human capital, Structural Capital, Relationship capital and Employee Training and Learning.

After one frames the related parameters under these categories, the job of monitoring gets simplified.

Human Capital can have metrics like ‘Estimated Value of People’, ‘HR value Return’, ‘Average experience years of the employees’, ‘Time Period for which Human Capital Measures were planned’ and ‘Employee Performance Review Frequency’.

Relationship capital can be measured using parameters like ‘Brand value’, ‘Innovativeness ratio’, ‘Number of Profit sharing schemes’, ‘Schemes aiming at Flexible Work Timings’ and ‘Average Collaboration Period with Suppliers’.

Structural capital can be analyzed utilizing metrics like ‘Number of Database systems deployed in the organization’, ‘R&D value added’, ‘Rise in organizational Investment’, ‘Appreciation Ratio’ and ‘Number of assisting Measures’.

Employee Training and Learning Perspective can be evaluated using KPIs such as ‘Training Hours per employee’, ‘Contribution to Intellectual capital on per employee basis’, ‘% increase in Training Expenditure’ and ‘Satisfied Employee Index’.

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There are more types of strategy map supported - including snowflake, vertical and horizontal trees
Intellectual Capital Development measurement - Strategy Map

Cyclical Strategy Map:
Intellectual Capital Development measurement - Cyclical Strategy Map

Classical Strategy Map:
Intellectual Capital Development measurement - Classical Strategy Map

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Intellectual Capital Development KPI in Excel:
  • Download trial version of Intellectual Capital Development Indicators. Intellectual Capital Development Evaluation Balanced Scoreboard is distributed as an Excel file. Before purchase you can download a trial version of the scorecard. Intellectual Capital Development Evaluation Balanced Scoreboard Excel file contains a dashboard (see screenshots below), help information section, Balanced Scorecard details.
  • Purchase full version of Intellectual Capital Development Indicators. Immediately after your order will be processed you will have a link to download Balanced Scorecard (BSC) Excel file and file in Balanced Scorecard Designer format.
  • Use Intellectual Capital Development scorecard online with BSC Designer Online system. This SaaS solutions provides world-wide access to scorecards with any web-browser.
  • It is necessary to start the design of KPIs with analysis of business problems, use Free SWOT Method Guide to perform this analysis. Check Balanced Scorecard Toolkit for scorecard designing instructions, download Key Risk Indicators (KRI) Toolkit for risk management.
More ideas on using Intellectual Capital Development KPI:

Intellectual capital development revolves around devising a culture and tradition of enhancing the knowledge base of the people housed in the organization. It is concerned with discussing subjects and topics so as to bring the useful ideas and thoughts together and lead to sharp thought process.

Such acts do the job of fine tuning the employees’ thought process. Further, as every problem is unique in itself, its answer too demands a similar solution. Though some help might be taken from previous experiences but the complete addressing will be specific for each difficulty.

There have been attempts at capturing intellectual capital in the form of software and technological solutions so that one can have access to these whenever needed.

However, this act of creating intellectual capital has to be a highly monitored one as huge volumes of resources go into it.

By constructing a balanced scorecard for this purpose, one can ease the task of developing intellectual capital to a considerable extent. It is possible to put values to indicators that in turn have been decided after studying the factors that impact the process of generating Intellectual capital.

More useful information for Financial Estimation:

Business Intelligence (BI) for Financial - measure performance with Intellectual Capital Development Scorecard for Excel

We have designed Intellectual Capital Development Balanced Scorecard (BSC) in MS Excel, so now you can measure and control your performance using this popular business tool. Download trial version right now.

Alignment with Balanced Scorecard and KPIs is a great way to control the performance of Financial.

In comparison to other business performance measure and control methods, alignment with KPI is much more easier to implement and use. Use Intellectual Capital Development scorecard to align business performance.

Why do I need these metrics?

MS Excel files that we distribute are a spreadsheets packed with metrics information and the performance calculation formulas.

It's a real-business information. We invested in research that involved experts from Financial Evaluation industry who elaborated and shared certain metrics. It's valuable, real-life experience which will help to improve the performance of your business.

  • I'm sure you understand the importance of measuring and controlling business using correct metrics, so this small investment will return in a great increase in sales.

  • To get a basic idea about what metrics to use. We learned a lot of business metrics and packed scorecard with the most successful.

  • To have a sample excel file, which is easy to modify to fit your needs. All Excel formulas are available for copy and change.

  • To start with measuring business performance. It's important to start with correct metrics, then you will be able to fulfill scorecard.

Intellectual Capital Development Evaluation Balanced Scoreboard Screenshots

This is the actual scorecard with Intellectual Capital Development Indicators and performance indicators.

Metrics for Financial Estimation. This is the actual scorecard with Intellectual Capital Development Indicators and performance indicators. The performance indicators include: human capital perspective,estimated value of people,hr value return,average experience per employee,time period for which human capital measures were planned,employee performance review frequency,relationship capital perspective,brand value,innovativeness ratio,number of profit sharing schemes,schemes aiming at flexible work timings,average collaboration period with suppliers,structural capital perspective,number of database systems deployed in the organization,r&d value added,rise in organizational investment,appreciation ratio,number of assisting measures,employee training and learning perspective,training hours per employee,contribution to intellectual capital on per employee basis,% increase in training expenditure,satisfied employee index.

These indicators can be converted from text into the visualized view with BSC Designer strategy map function. Right now you can download trial version of Intellectual Capital Development Indicators or purchase full version of this Balanced Scorecard. Also, it is possible to import this scorecard into web-based balanced scorecard (BSC) software - BSC Designer Online, so it will be accessible to you and your employees with any web-browser.

 
Some help information that explains how to interpret scorecard.
Some Balanced Scorecard help information that explains how to interpret scorecard. What scores and weights can be changed.

Download or purchase Intellectual Capital Development Evaluation Balanced Scoreboard

Right now you can download a trial version of Intellectual Capital Development Evaluation Balanced Scoreboard or purchase a full version online. Also, if you are interested you can subscribe to our e-course that helps a lot with Balanced Scorecard design.

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