Create a balanced scorecard

Assignment Help Operation Management
Reference no: EM131755899

One of the best tools a manager has is a balanced scorecard.

1. Address how the scorecard approach fits in to the control function of management.

2. Create a balanced scorecard and explain how the use of a balanced scorecard could help to measure and possibly improve the turnover of employees.

The scorecard will include objectives, measures, and targets.

Just so you do not have to go back to week Six, here is the case scenario:

You are the manager of the northern branch of the Laurel City Bowling Alleys. The owner, Jill Espy, has 4 other bowling alleys around town. The average employee assigned to the concession stand of all the Laurel City Bowling Alleys lasts approximately 3 years.

However, in your branch, the average employee lasts only 8 months. Jill is concerned about the lack of retention of concession employees especially since training new employees is costly to the company and this high turnover is costing her money that could be better spent elsewhere.

You have talked with your current concession staff and have learned that pay and scheduling may have some effect on the turnover rate. Employees feel that the pay is low and the scheduling is erratic making it difficult to make plans outside of work. You know that employees do not benefit from pay raises because they tend to leave before being at the alleys for a year.

One worker indicated that many of the workers do not know how to handle difficult customers. It makes them not want to come to work. At the time, the focus seems to be on getting the job done rather on customer service.

Reference no: EM131755899

Questions Cloud

Organization over traditional management practices : What are the objectives of an effective employee empowerment system? What advantages does employee empowerment offer to an organization
Discuss specific organizational behavioral changes : Discuss specific organizational behavioral changes that you feel would correct deficiencies revealed by each of the four questions.
Incorporate four compelling descriptors : incorporate four compelling descriptors. why do these factors matter? How might they affect teaching and learning?
Definitive and functional cost estimate in a timely manner : As you learned earlier, project managers are expected by customers and stakeholders to deliver a definitive and functional cost estimate in a timely manner.
Create a balanced scorecard : Create a balanced scorecard and explain how the use of a balanced scorecard could help to measure and possibly improve the turnover of employees.
What effects does warming world have on northern hemisphere : Why is clear cutting of rain and deciduous forests in the tropic regions a bad idea? What effects does a warming world have on the Northern Hemisphere's Biomes?
Find the equity in house in given problem : Deb buys a house for $175,000. She makes a $30,000 down payment and mortgages the rest at 3.8% for 30 years.
What strategy you will be implementing : What strategy you will be implementing.What your most recent decisions are, and why.What your current view of your anticipated results is.
Negligent sterilization can occur : Negligent sterilization can occur when ______________.

Reviews

Write a Review

Operation Management Questions & Answers

  Maintains customer relationships across different segments

Summarize how New Belgium Brewery (NBB) builds and maintains customer relationships across different segments;

  Calculate average daily census and the occupancy rate

A 300-bed hospital had to take 120 beds out of service due to low utilization.hospital had 48,000 patient days.Calculate average daily census and occupancy rate

  Solutions for vendor managed inventory

What are the common software/solutions for Vendor Managed Inventory in SMEs?

  Enterprises for employment discrimination under the federal

Kyla lives in Tarrant County, Texas. She was recently fired from J.T. Enterprises, a public relations firm which is incorporated in Texas and has their headquarters in Dallas County, Texas. Kyla sues J.T. Enterprises for Employment Discrimination und..

  Competitive advantage to an organization

How can information itself provide a competitive advantage to an organization? Give an example and describe its associated risks. Do you know of an organization that does a great job of using information to beat the competition?

  What are the products or services and describe the industry

What are the products or services? Describe the industry. Describe the overall strategy of the organization.

  Advantages of self-organizing and self-organizing systems

What do you think are the advantages of self-organizing and self-organizing systems?

  Prepaid group practice insurance programs

Which of the following data sources are best able to provide numerator data for the calculation of incidence of death by gunshot? ?hospital discharge survey ?autopsy or coroners’ records ?National Health Survey ?disease registries ?prepaid group prac..

  Optimal order quantity

Determine the following: a. The optimal order quantity. b. The number of orders per year.

  Describe the agent of sociology

Examine one (1) of the six (6) agents of socialization (family, school, peer groups, work, religion, and technology and mass media). Describe the agent of sociology that has changed the most during your lifetime and discuss the importance of this cha..

  Average amount of time that customer spends in process

A campus deli serves 300 customers over its busy lunch period from 11:30 am to 1:30 pm. What is the average amount of time that a customer spends in process?

  Multiple regression to forecast demand of its product

How would a manufacturing company use multiple regression to forecast demand of its product? Give one detailed example

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd