Develop at least one meaningful performance measure metric

Assignment Help Business Management
Reference no: EM131266492

STRATEGY MAPPING & THE LEARNING AND GROWTH PERSPECTIVE

Assignment Overview

Explain the process of strategy mapping and how it relates to performance management and establishing value propositions. You may discuss this theoretically or use the Glacier Inn case study presented in Armitage and Scholey (2009) to serve as an example for integrating these ideas. Alternatively, you can use the Hazard Action Zone case study presented in Murby and Gold (2005) if you'd prefer.

Armitage, H., & Scholey, C. (2006). Using strategy maps to drive performance. Society of Mgt. Accountants of Canada. Retrieved from https://www.cimaglobal.com/documents/importeddocuments/tech_mag_strategy_mapping_march07.pdf

Murby, L., & Gould, S. (2005). Effective performance management with the balanced scorecard: Technical report. Chartered Institute of Management Accountants. Retrieved from: https://www.cimaglobal.com/Documents/ImportedDocuments/Tech_rept_Effective_Performance_Mgt_with_Balanced_Scd_July_2005.pdf

Assignment Expectations

Your essay should be 3 to 4 pages long and include the following:

Introduction: In this part of your essay you will need to introduce your topic and provide a very brief overview of the key points you plan to make in your paper.

Analysis: In this section you will present several arguments in favor of your thesis statement. Discuss how either Glacier Inn or Hazard Action Zone effectively used strategic mapping (or how they failed to do so).

Conclusion: Wrap up your argument with a clear and cogent synopsis of your findings. Do your best to convince your reader (aka, your professor) as to your position.

Additional Instructions: Your essay should be 3 to 4 pages in length (not counting your title page or references). You must include a list of references. APA formatting is preferred. Do not paste in sections of text into your essay. All of your work must be written in your own words. It's OK to use a short quote now and again, but quotations must be in quotation marks and properly cited. In-text citations should be used anytime you are borrowing somebody else's ideas, or information. That is to say, if you are borrowing a thought from a publication from J. Neutron's article written in 2010, that section of text must be followed with (Neutron, 2010). Quotations, data, and general ideas (put into your own words) should all be cited.

SLP

STRATEGY MAPPING & THE LEARNING AND GROWTH PERSPECTIVE

For Module 4, consider your organization's mission and strategy from the perspective of its learning and growth (from your work on the case, your previous course work, and your background reading, you should be reasonably clear what such activities are). In this section of the assignment you'll begin to identify objectives and measures relevant to that perspective. Refer back to this presentation on objectives if you need to.

SLP Assignment Expectations

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

• Identify at least three objectives for improving the organization's learning and growth, 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).

• Comment briefly on the relationships of the learning and growth objectives that you've identified here to the financial objectives that you identified in the Module 1 SLP assignment, the customer service objectives you identified in Module 2, and/or the internal business process objectives you identified in Module 3. How do they help to fulfill those objectives? If they don't (and they don't have to), what makes them more important than objectives that would relate to customer service, business processes, or financial operations?

• Finally, do you wish to make any changes to your Module 1, 2, or 3 objective write-ups in light of your Module 4 experience?

Here's a table that you may wish to copy and fill in (the boxes are expandable - take all the space you need to be complete in your descriptions. No more than 2-3 pages should be necessary.)

Objective

Measure

Target

Action

 

 

 

 

 

 

 

 

 

 

 

 

Relationships to other objectives

 

Revisions (if any) to Module 1, 2, and/or 3 Objectives

Objective/Module

Measure

Target

Action

 

 

 

 

 

 

 

 

 

 

 

 

Reference no: EM131266492

Questions Cloud

Identify one social and political or cultural influence : Identify one social, political, or cultural influence from the assigned reading that you believe would be difficult to identify if you were a part of that culture. Why do you believe this influence would be difficult to notice? What is its impact ..
How any revolutions did it make while it accelerated : A flywheel is rotating with an initial speed of 2.7 rad/s. Is accelerates at a rate of 14.5 rad/s^2 until it reaches 23.9 rad/s. How any revolutions did it make while it accelerated
What dsm-5 disorder label might match her symptoms : If Abby were 5 years old and, instead of the symptoms listed in the scenario, her symptoms included nightmares, physical complaints, recurrent separation-related fear, and a refusal to leave home, what DSM-5 disorder label might match her symptoms..
In what ways do hplc and sfc resemble one another : Drugs of abuse have been shown to accumulate in the user's urine and hair. Could SFC be employed to analyze either or both biological samples? If SFC could be used, how would one handle the sample(s)?
Develop at least one meaningful performance measure metric : Develop at least one meaningful performance measure (metric). Identify at least three objectives for improving the organization's learning and growth, and show how they relate to the mission, vision and strategy of organization.
What are the revenues and the cost per cilent : For the month of July, UP Payroll Services worked 1,600 hours for Dune Motors, 480 hours for Jake’s Charters, and 800 hours for Mission Hospital. UP bills clients at $119 an hour; its labor costs are $49 an hour. A total of 3,200 hours were worked in..
Amount for the bond and sold the stock for its market value : Diana, whose total tax rate is 35%, made 2 investments on 01/01/2012. She purchased $100,000 of 10% bonds due in 5 years (12/31/16) and also purchased $100,000 of common stock. The bonds were issued at par, pay interest annually on December 31, and m..
Received from a customer in sales transaction : The following information relates to the Victoria Company at the end of 2017. The accounting period is the calendar year. Employees are paid every Friday for the five-day week ending on that day. Salaries amount to $4,000 per week. The accounting per..
Define and discuss the meaning of empathic listening : Define and discuss the meaning of empathic listening. Explain whether you found yourself being critical when the person really just needed someone to listen.

Reviews

Write a Review

Business Management Questions & Answers

  What is the role of business incubators

What is the role of business incubators? Legitimacy in the minds of the public increases the probability of success of a new business by.

  Compare and contrast the two management development

1. Compare and contrast the two management development techniques that require trainees to work in groups: action learning and management games.

  Case- metromedia broadcasting corporation

Case- Metromedia Broadcasting Corporation, Why were returns on scrap bonds less volatile than those on investment grade bonds over the period 1982-1984? Irrespective of your view of the credit risk of Metromedia must Anchor Savings invest in high ..

  Evaluate forecasting strategies and methods.

Provide a forecast of the number of clinic visits for November 2008 using each method of the forecasting process.

  Defines the process of recruitment

Question # 11 Which of the following defines the process of 'Recruitment'? Select correct option: Forecasting the demand of human resources Forecasting the supply of human resources Discovering potential job candidates for a particular position..

  Explain organizational culture

Explain organizational culture.

  Given understanding of cash flow

Given your understanding of cash flow

  How might you prevent social loafing and group think

What information would you be sure a team charter covered and why? How might you prevent social loafing and group think in your team?

  Analyze the top-management structure

Identify the major stakeholders in your organization (or one with which you are familiar). Analyze the top-management structure (as explained in Chapter 2), investigate and enumerate the code of ethics

  Why would investors tend to favor a new business

Why would investors tend to favor a new business led by a management team over one headed by a lone entrepreneur?

  What would be the best option for jim

Jim wanted to start an outside café in his neighborhood. When he started construction, the building department made him to stop since he was not in accordance to the local zone. What would be the best option for Jim?

  What is the maximum value

a) Solve for the quantities of x and y which will maximize Z. The x =Blank 1. The y = Blank 2. b) What is the maximum value of Z? The Z = Blank 3

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