Scorecard is a strategy management tool that will help you to measure the productivity of the organization. It has four different components to build up a scorecard:
Strategy: This is the objective of the organization. There can be multiple objectives in the same organization depending on the divisions.
Initiatives: These are the time-specific tasks or projects. You'll use initiatives to support the objectives.
Scorecard Documents: These documents will contain supporting information about the strategy management.
Perspectives: These are different point of views of the organization. There are four different types of perspectives by default. You can add more depending on the organization requirements. These four perspectives were proposed by Robert S. Kaplan and David P. Norton.
