Reference no: EM133910785
The Balanced Scorecard
The term balanced scorecard became part of the professional accounting vernacular in the early 1990s. This nontraditional approach to measuring strategic performance was developed by Dr. Robert Kaplan and Dr. David Norton. As the name implies, the goal of the balanced scorecard is to provide stakeholders with a balanced view of the performance of an organization. In this Discussion, you will refer to an example from your professional career to consider the role of balanced scorecards in an organization.
To prepare for this Discussion:
Consider an example from your professional career of when the implementation of a balanced scorecard might have been beneficial to articulate the organizational goals and objectives to the department, area, or team in which you worked.
Post an analysis of the role of balanced scorecards in an organization, to include the following:
Describe an example from your professional career, current or past, in which the use of a balanced scorecard might have had a positive impact on your understanding of how the performance of your department, area, or team contributed to the achievement of the organization's overall goals and objectives. Get Assignment Help from trusted tutors.
As a manager, analyze how you could utilize a balanced scorecard to ensure your department, area, or team met the organization's goals and objectives. What measurement(s) might you consider and why? (Provide at least one example of a measurement from at least one of the four perspectives of the balanced scorecard: financial, internal operations, customer, and learning and growth.)
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How much would you have to save each year to reach this goal
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How would you approach the medical management
: How would you approach the medical management of this patient and why?
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How you could utilize a balanced scorecard
: How you could utilize a balanced scorecard to ensure your department, area, or team met the organization's goals and objectives.
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Passive and active physical activity
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Implementation of a balanced scorecard
: Implementation of a balanced scorecard might have been beneficial to articulate the organizational goals and objectives to the department
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Describe an example from your professional career
: Describe an example from your professional career, current or past, in which the use of a balanced scorecard might have had a positive impact on your understand
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Identify the current trends of opioid addiction
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Responsibilities of different people in care relationship
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Explain how the business used linear programming
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