Identify at least three objectives for improving the

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Reference no: EM131195511 , Length: 1000 Words

Consider the organization's mission and strategy from the perspective of its internal business processes (from your work on the case, your previous course work, and your background reading, you should be reasonably clear what such business processes are). In this section of the assignment you'll begin to identify objectives and measures relevant to that perspective. Refer back to Objectives, Measures, Targets & Action Plans if you need to.

Assignment Expectations

Once you're reasonably clear on what's involved, think about your organization and its business processes, and then:

Identify at least three objectives for improving the organization's internal business processes, and show how they relate to the mission, vision, and strategy of the organization.

  • For each objective, develop at least one meaningful performance measure (metric).
  • For each objective, identify at least one expected level of performance (target).
  • For each objective, identify at least one new action or program that needs to be developed to ensure successful implementation of the organization's strategy (initiative). 

Include below points in your assignmnet

  • The Balanced Scorecard for City Hunks & Divas Clothing Ltd
  • Balanced Scorecard Quadrants
  • 1) Financial Perspective/Shareholder Value 
  • 2) Customer perspective 
  • 3) Processes Perspective 
  • 4) Learning and Growth Perspective 

Verified Expert

In order to establish and manage efficiency in a business enterprise, the development of a blueprint in form of a balanced scorecard is necessary. Balanced scorecard is a framework used in the management of processes, customers, shareholder value (finances) and learning among the employees in the most efficient manner (Perreault, 2009). Essentially, balanced scorecard enhances the linking of organizational objectives, ideas, measures and anticipated targets at all levels (Hooley et al, 2011).

Reference no: EM131195511

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