Please have by 8:00pm west coast time California time. Plagrism free,
original work, and refs. APA format. Please do not disappoint. Please talk
about all points. please use the last three weeks of papers that you have work
now for me. If you have a questions please ask early.
Strategic Plan Part 3: Balanced Scorecard and Communication Plan
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.
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 SWOT analysis and supply chain analysis.
Considerthe following
four quadrants of the balanced scorecard when developing your
strategic objectives:
· Shareholder Value
or Financial Perspective, which includes strategic objectives in areas such as:
o Market share
o Revenues and costs
o Profitability
o Competitive position
· Customer Value
Perspective, which includes strategic objectives in areas such as:
o Customer retention
or turnover
o Customer
satisfaction
o Customer value
· Process or
Internal Operations Perspective, which includes strategic objectives in areas
such as:
o Measure of process
performance
o Productivity or
productivity improvement
o Operations metrics
o Impact of change
on the organization
· Learning and
Growth (Employee) Perspective, which includes strategic objectives in
areas such as:
o Employee
satisfaction
o Employee turnover
or retention
o Level of
organizational capability
o Nature of
organizational culture or climate
o Technological
innovation
Evaluatepotential alternatives to the issues and/or opportunities identified in the
SWOT Analysis paper and table you completed in Week 3.
Create at least three strategic objectives for each
of the four balanced scorecard areas. Baseyour solutions on
a ranking of alternative solutions that includes the following:
· Identify potential
risks and mitigation plans
· Analyze a
stakeholder and include mitigation and contingency strategies.
· Incorporate
ethical implications
Developa metric and target for each strategic objective using a balanced
scorecard format.
· 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.
Format paper consistent with APA guidelines.
