Strategic Plan Part 3: Balanced Scorecard and Communication Plan
Doc, this is part 3 of the assignment I had you do last week. The drip n dry. please thoroughly read the instructions. this includes both a 1050-1400 word paper & balance scorecard need this back Monday April 24. paying $50. I have attached the balance scorecard template & overview as well. let me know if you have any questions
Write a 1,050- to 1,400-word strategic objectives summary. Include your balanced scorecard and its impact on all stakeholders, and a communication plan. Follow the detailed instructions below:
See the Student Materials for a Balanced Scorecard Overview, which may help keep you on track for this assignment.
Identify key trends, assumptions, and risks in the context of your final business model.
Develop the strategic objectives for your new division of your chosen 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 SWOTT analysis and supply chain analysis.
Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:
Develop at least three (3) strategic objectives for each of the four (4) balanced scorecard areas identified (Financial, Customer, Process, Learning and Growth), for a total of 12 strategic objectives minimum. Your objectives should be selected, in part, based on an evaluation of a number of potential alternatives to the issues and/or opportunities identified in the SWOTT Analysis paper and table you completed in Week 3. Also, when developing your objectives, be sure that they are SMART (Specific, Measurable, Actionable, Realistic and Timely).
Base your solutions on a ranking of alternative solutions that includes the following:
Develop a metric and a quantified (numerical) target for each strategic objective using a balanced scorecard format:
(Please see the Balanced Scorecard Template in this assignment’s Student Materials.You may use this as a starting point if you wish.)
Outline a brief communication plan discussing how you will communicate the company’s strategic objectives that includes the following:
Be sure to submit the Balanced Scorecard chart itself (as either an Excel spreadsheet or a Word document with embedded table), along with the other content outlined above.
Format your paper according to APA guidelines, including at least two cited references in your paper. Write the paper in third person voice.