Balanced Scorecard Template

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    Balanced Scorecard Template

    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. Financial Objectives 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                     Get Best Essay Writing Services from Homework

    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.

    Financial Objectives

    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
         
         
         

     

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    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.

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