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The Balanced Scorecard
1. Review the mission statement below. Please add additional points to the mission statement and revise.
We are focused on delivering high quality and great tasting cooking. Making delicious, innovative baked goods, we create joy that leverage our quality, service, and strong relationships with our staff and customers.
2. Review, revise and add to the Strategic points below and Fit the strategy points into 4 perspectives of the balanced scorecard.
A business's long-term and short-term goals can be put together into a comprehensive strategic management plan for the company. Critical factors for success will include things like relationships with quality supply distributors, a competent customer care team, a strong Intrnet presence, state-of-the art accounting software and a research team devoted to find the latest and innovative way to bake foods.
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This assignment is about how a company can use its non financial indicators using a balanced scorecard to achieve its vision, mission and objectives. The various key performance indicators are listed down under each category and discussed.
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