Intelligent scoring systems and methods for scoring a level of performance of a business unit of a plurality of business units in an organization
Abstract:
An intelligent scoring system includes a scorecard tool, a user input device, a memory component, a processor; and machine-readable instructions. The scorecard tool includes a scorecard and a neural network model. The machine-readable instructions stored in the memory component cause the intelligent scoring system to: receive a parameter rating for the scorecard for a first portion of a plurality of business performance parameters; automatically input the parameter rating for the scorecard for a second portion of the plurality of business performance parameters; associate a weighting with each parameter rating; estimate a parameter outcome score for each of the first portion and the second portion of the plurality of business performance parameters based on each parameter rating and weighting; automatically estimate an overall outcome score; and automatically generate a recommendation for improving the level of performance of the business unit.
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