Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

PRyC WP: Add custom content to bottom of post/page: Standard Content START

Resource: Exhibit 7-1 in Ch. 7 of Strategic Management


Develop the strategic objectives for your business in the format of a balanced scorecard. 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. 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:


oMarket share

oRevenues and costs


oCompetitive position


•Customer Value Perspective, includes strategic objectives in areas such as:


oCustomer retention or turnover

oCustomer satisfaction

oCustomer value


•Process or Internal Operations Perspective, includes strategic objectives in areas such as:


oMeasure of process performance

oProductivity or productivity improvement

oOperations metrics


•Learning and Growth (Employee) Perspective, includes strategic objectives in areas such as:


oEmployee satisfaction

oEmployee turnover or retention

oLevel of organizational capability

oNature of organizational culture or climate

oTechnological innovation


Develop at least three strategic objectives for each of the following four balanced scorecard areas identified above (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 Three. 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.)


Write a 700- to 1,050-word summary that explains your critical thinking on how you derived your objectives from your vision, mission, values, and SWOTT analysis.


Format paper consistent with APA guidelines.


PRyC WP: Add custom content to bottom of post/page
/PRyC WP: Add custom content to bottom of post/page

testimonials icon
Order Grade A+ Academic Papers Instantly!...
testimonials icon
Assignment 2: Sexual DisconnectImagine that you are working as a counselor in an elementary school. A teacher has come to you, concerned tha...
testimonials icon
Create a presentation of 10- to 12-slides in Microsoft PowerPoint t...
testimonials icon
For this assignment, you should focus on chapters 2-6 in your text as well as Chapters 1-3 in Foundations of Business E...
testimonials icon
  Good morning, this is the team paper.Please read it carefully 2 350 work post P...
testimonials icon
Surname 1NameInstitutionInstructorDateResponse to Darwinism vs. social DarwinismI agree about the students insights about Herbert Spencer philosopher...
testimonials icon
1. How the Strategic Financial Planning process is similar or different from general healthcare strategic planning process? 2. Write abo...
testimonials icon
Anthony Potts has been convicted of an alcohol-related driving offense and has been sentenced to 3 years probation as part of his sentence, and his...
testimonials icon
Question 1: Paul Ricouer speaks of three interpretive worlds of a text: the world behind the text (the historical-cultural background), the...
testimonials icon
Stress can affect your health and wellbeing if it is not properly addressed. Stress during the workday can leave you with a head and muscl...
testimonials icon
Running Head: MANAGEMENT1Evaluation Plan: Return on InvestmentStudents NameInstitutional AffiliationDateInstructors NameMANAGEMENT2Training employees...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price