Write a minimum 1,400-word strategic objectives summary. Include your balanced scorecard, communication plan, risks, mitigation plans and consideration of ethical implications of objectives for your new division.
Note: This assignment relates to the same business, your division, and your new product or service, which you identified in Week 2.
Develop the strategic objectives for your new division of the existing business in a balanced scorecard format. The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the outcome of your SWOT analysis.
Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:
Create at least three strategic objectives for each of the four balanced scorecard areas. Develop a metric and target for each strategic objective using a balanced scorecard format. Example for shareholder or financial quadrant:
Identify potential risks with your objectives and describe ways you plan to mitigate these risks.Describe potential ethical implications of your objectives.
Outline a communication plan discussing how you will communicate the division’s strategic objectives to employees/stakeholders that includes the following:
Format paper consistent with APA guidelines.
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