Use the Balanced Scorecard Template to: Create at least 3 measurable project objectives for each quadrant of the scorecard
Use the Balanced Scorecard Template to:
- Create at least 3 measurable project objectives for each quadrant of the scorecard based on your analysis.
- Determine targets, timelines, and metrics for each objective.
Explain the following in 350-525 words on the Balanced Score Card Template:
- Why these objectives are appropriate for the project.
- Why these metrics and timelines are appropriate for your strategic plan.
BUS/475 v11
Balanced Scorecard Template
BUS/475 v11
Page 2 of 2
Balanced Scorecard Template
Use the organization you chose in Week 1 as a resource for this assignment.
Background
Strategic objectives are a measure of attaining your vision and mission. They reflect the vision, mission, and values of the business, as well as the outcomes of the internal and external environmental analysis.
Scorecard Areas
Develop at least three strategic objectives for each of the four balanced scorecard areas.
Measures |
Targets: Timeline/ Metrics |
|
Increase market share |
Total Revenue |
Increase 5% in first year |
Customer Objectives |
Measures |
Targets: Timeline/ Metrics |
Increase customer value |
Increase profit contribution per customer |
Increase 5% in first year |
Internal Business Process Objectives |
Measures |
Targets: Timeline/ Metrics |
Decrease lead times for new contract implementation |
Project implementation time frames |
Decrease time by 3% in first year |
Learning and Growth Objectives |
Measures |
Targets: Timeline/ Metrics |
Decrease employee turnover |
Facilitate regular training and opportunities for development |
Reduce by 4% in first year |
Below, explain in 350-525 words:
· why these objectives are appropriate for the project.
· why these metrics and timelines are appropriate for your strategic plan.
Copyright 2020 by University of Phoenix. All rights reserved.
Copyright 2020 by University of Phoenix. All rights reserved.
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.