Reference no: EM131319059 , Length: word count:1400
Identify key trends, assumptions, and risks in the context of your final business model.
Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks.The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOTT analysis and supply chain analysis.
Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:
Shareholder Value or Financial Perspective, includes strategic objectives in areas such as:
Market share
Revenues and costs
Profitability
Competitive position
Customer Value Perspective, includes strategic objectives in areas such as:
Customer retention or turnover
Customer satisfaction
Customer value
Process or Internal Operations Perspective, includes strategic objectives in areas such as:
Measure of process performance
Productivity or productivity improvement
Operations metrics
Impact of change on the organization
Learning and Growth (Employee) Perspective, includes strategic objectives in areas such as:
Employee satisfaction
Employee turnover or retention
Level of organizational capability
Nature of organizational culture or climate
Technological innovation
Develop at least three strategic objectives for each of the four balanced scorecard areas identified (Financial, Customer, Process, Learning and Growth). Your objectives should be selected, in part, based on an evaluation of a number of potential alternatives to the issues and/or opportunities identified in the SWOTT Analysis paper and table you completed in Week 3.
Base your solutions on a ranking of alternative solutions that includes an identification of potential risks and mitigation plans, and a stakeholder analysis that includes mitigation and contingency strategies. You should also incorporate the ethical implications of your solutions into your selection.
For each strategic objective, develop a metric and target using a balanced scorecard format. (For example, a strategic objective in the shareholder or Financial Perspective is to increase market share. A metric to actually measure this strategic objective of market share increase is, "The percentage of increase in market share." The target is the specific number to be achieved in a particular time period. The target for the metric of "Increase market share" could be "Increase market share by 2% for each of the next 3 years" of an increase of 2% per year for 3 years.)
Outline a brief communication plan discussing how you will communicate the company's strategic objectives that includes the following:
Define the purpose.
Define the audience.
Identify the channel(s) of communication and why you selected that channel.
Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and the communication plan.
|
Brief description of the selected court case or lawsuit
: "The Supreme Court has held that the selection guidelines in the federal government's Uniform Guidelines on Employee Selection Procedures also apply to performance measurement" (Noe, Hollenbeck, Gerhart, & Wright, 2011, p. 249).
|
|
Assume risk-free rate and market risk premium
: You are going to value Lauryn's Doll Co. using the FCF model. After consulting various sources, you find that Lauryn has a reported equity beta of 1.7, a debt-to-equity ratio of .7, and a tax rate of 40 percent. Assume a risk-free rate of 3 percent a..
|
|
Uncertain scenario-maximizing the mean
: The potential revenues of all projects are in fact uncertain. The company determines that the revenue for project 1 is following a uniform distribution ranging from $1,200,000 to $2,000,000. The revenue for project 2 is distributed normally, with..
|
|
Find the bayesian inference about the bias pa of the coin
: Find the Bayesian inference about the bias pa of the coin given the data, and determine whether a Bayesian's inferences depend on what stopping rule was in force.
|
|
Develop the strategic objectives for your new division
: Develop the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks.The strategic objectives are measures of attaining your vision and mission.
|
|
Joint venture using the equity method
: During the early 1990’s Mylan had a 50% interest in a company which produced and sold a very successful drug for the treatment of Parkinson’s disease. We accounted for this joint venture using the equity method. Which of the following is correct rega..
|
|
Explore the significance of any ethics-based decision
: Explain the significance of any ethics-based decision your research finds and the affect it had or has on overall morale, relationships within the organization, and ultimately overall productivity levels.
|
|
What is your probability of winning
: Having gained your confidence, Joe suggests combining the two bets into a single bet: he bets a larger sum, still at even odds, that an 8 and a 6 will be thrown before two 7s have been thrown. Would you take the bet? What is your probability of wi..
|
|
Provide a written description of the complement event
: (a) Provide a written description of the complement event of (S OR F). (b) What is the probability of complement event of (S OR F)?
|