Week 10
assignment
Important:
please do not submit this Week 10 assignment late. I have to submit final
course grades promptly at the end of the semester. That means that late Week 10
assignments will receive grades of zero. So please don’t hurt your grade by
submitting late.
Create a
balanced scorecard for a specific unit of your organization or of an
organization of your choice and then write a paper of 10-to-15 pages in length
discussing your balanced scorecard. Giving your reasoning for the selections
and decisions you made.
In writing your
paper, identify the strategic objectives of the entire organization and the
secondary objectives for your unit.
Then develop three specific objectives within each of the four
perspectives for the unit. Each
objective should have at least one quantified target metric associated with
it. For each metric discuss the
appropriate target value and the actions that need to be taken to achieve the
target.
The Balanced
Scorecard can certainly be applied to the Military or to non-profit
organizations but it really works best with for-profit organizations. There is no need for you or anyone else to
use your own organization for this exercise.
Some students may be bound by confidentiality agreements and CANNOT even
use their own companies while others find it somewhat difficult to apply the
Balanced Scorecard to their own organization.
Please feel free
to use any company with which you are familiar, either as a stockholder, as a
former employee or just because you are interested in the company. My aim is to see HOW you apply the Balanced
Scorecard and I don’t need to know the particular details of anyone’s
organization, if it is difficult for you to apply it or to reveal
information. Also, please feel free to
be creative when you do not have access to data or are bound by confidentiality
agreements not to reveal information.
Our aim is to see how well you can use the balanced scorecard not to
find out authentic information about companies.
Upload your
paper to Assignments.
In the Week 10
discussion area, post an Executive Summary.
Comment on your classmates’ Executive Summaries in the Week 10
discussion area.
