Texts: Assignment Content
Now that you've identified the organization's SWOT, you need to determine the project and its objectives and metrics. This project should be based on an unmet opportunity for the organization, or to minimize a potential threat. What does the organization need to do to advance its goals and/or expand its competitive advantage? How will you measure their progress? Use the Balanced Scorecard Template to:
Create at least 3 measurable project objectives for each quadrant of the scorecard based on your analysis.
Determine targets, timelines, and metrics for each objective.
Explain the following in 350-525 words on the Balanced Scorecard Template:
Why these objectives are appropriate for the project.
Why these metrics and timelines are appropriate for your strategic plan.
Company chosen: Disney
University of Phoenix
Learning and Growth Objectives Measures Targets: Timeline/Metrics Decrease employee turnover Facilitate regular training and Reduce by 4% in first year opportunities for development
Balanced Scorecard Template Background
Strategic objectives are a measure of attaining your vision and mission. They reflect the vision, mission, and values of the business, as well as the outcomes of the internal and external environmental analysis.
Scorecard Areas
Below, explain in 350-525 words:
Develop at least three strategic objectives for each of the four balanced scorecard areas.
Why these objectives are appropriate for the project.
Financial Objectives Increase market share
Measures Total Revenue
Targets: Timeline/Metrics Increase by 5% in first year
Why these metrics and timelines are appropriate for your strategic plan.
Customer Objectives Increase customer value
Measures
Targets: Timeline/Metrics Increase profit contribution per customer by 5% in first year
Internal Business Process Objectives Decrease lead times for new
Measures
Targets: Timeline/Metrics
Project implementation time frames
Decrease time by 3% in first year