Provide an overview of integrative thinking

Assignment Help Finance Basics
Reference no: EM131527158

Question:

In your first week of the team business simulation you have started making decisions on the simulation by organizing the firm. This first quarter sets up the foundation for the rest of the game and will require integrated thinking skills to be successful.

In your Reading for this week you learned about integrative thinking in Martin, R. L. (2007). The opposable mind: How successful leaders win through integrative thinking . You have also learned about the balanced scorecard, a version of which is used to evaluate performance in the Marketplace Simulation. In this Discussion respond to the following:

Provide an overview of the Balanced Scorecard using the Reading from this week and any other sources you uncover in your research.

Provide an overview of integrative thinking using Martin's work and other sources you uncover in your research.

Provide a specific example of how you would use the integrative thinking model to increase the effectiveness of the data you receive via the Balanced Scorecard.

Talk about how you are going to recommend integrating this information into the team process. Identify one personal goal for your development plan on how you will integrate this new knowledge.

Verified Expert

This assignment talks about balanced Score Card. Organizations have used systems consisting of a mix of financial and non-financial measures to track progress for quite some time. The characteristics of the balanced scorecard and its derivatives is the presentation of a mixture of financial and non-financial measures each compared to a 'target' value within a single concise report. The report is not meant to be a replacement for traditional financial or operational reports but a succinct summary that captures the information most relevant to those reading it.Design of a balanced scorecard is about the identification of a small number of financial and non-financial measures and attaching targets to them, so that when they are reviewed it is possible to determine whether current performance 'meets expectations'. This assignment is prepared in MS word and it is about 300 words

Reference no: EM131527158

Questions Cloud

Who were the best-known members of each party : Describe the formation of America's first two political parties, the Democratic-Republicans and the Federalists
Analyze all of the costs and benefits of outsourcing it : You are a member of the IT department at a company that is really going through some tough financial times. The leadership within that company has decided.
Describe sternbergs triangular theory of love : Provide your understanding of love, commitment, and intimacy.Describe Sternberg's Triangular Theory of Love.
Ceo of a small business : What is the difference between project managers who considers themselves implementers of others solutions versus project managers who view themselves.
Provide an overview of integrative thinking : Provide an overview of integrative thinking using Martin's work and other sources you uncover in your research.
Discuss potential liquidity issues based on your calculation : Discuss potential liquidity issue based on your calculation of current and quick ratios. Discuss liquidity issues of competitive companies within same industry.
What is the probability-return on long-term corporate bonds : What is the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent?
The theoretical orientation and corresponding intervention : Compare a minimum of three evidence-based theoretical orientations from which appropriate interventions can be selected for the client.
Can you make any determination from that list : Next, review your list of employers. Can you make any determination from that list? Is there a pattern that makes for a top employer in compensation and benefit

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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