August 19, 2020
###### Describe and analyze the conflicts and compromises that occurred during the drafting of the constitution. What was the main source of conflict
August 19, 2020

Question description

http://www.netmba.com/accounting/mgmt/balanced-scorecard/

http://www.quickmba.com/accounting/mgmt/balanced-scorecard/

This Power Point presentation also explains the balanced scorecard

Read the lecture material “Required Information on Metrics” posted in this week’s module.

Assignment (6%): Part I. Create Balanced Scorecard

1. Build a Balanced Scorecard for the unit of the organization for which you work, or have worked. Unless you are in senior management, focus on the unit with which you are most familiar rather than the organization as a whole. Identify the strategic objectives of the entire organization and the secondary objectives for the unit. Develop three specific objectives within each of the four perspectives for the unit. Each objective should have at least one quantified target metric associated with it.

It is essential to understand what metrics are. Be sure to study the lecture material on “More Information on metrics” In this assignment, the specific information needed to calculate each metric should be explained. For each metric state the appropriate target value and the actions that need to be taken to achieve the target. The paper should be no more than 15 pages, including the reference list, and be formatted in accordance with the APA guidelines as modified for the MBA program (http://info.umuc.edu/mba/public/MBA-apa.html). Please format your paper in Microsoft Word as a XXX.doc or XXX.rtf file, and place the paper in your assignment folder.

Metrics

Develop three specific objectives within each of the four perspectives for the unit. Each objective should have at least one quantified target metric associated with it. So your table should contain 4 perspectives, each with 3 specific objectives, and a target value of the metric for each objective.

If you would like to see a sample table of metrics, here is one example:

Sample Table of Metrics for an Example Business Unit

 Perspective Objective Metric Target Value Financial Revenue GrowthOperating Profit GrowthShort-term SolvencyLong-term Solvency Annual Rate of Growth% EBIT/SalesCurrent RatioLong-term Debt/Equity > 6%> 7%> 2.0< 30% Customer Increase Number of CustomersMaintaining Transaction SizeImprove Customer Satisfaction Annual rate of Customers IncreaseAverage Transaction SizeMedian Score: Customer Survey > 5%> \$600> 90% Internal Product ImprovementRatio of New to Old ProductsMaintain Market Share % R&D Expense to RevenueRatio of New to Old ProductsMarket Share % > 4%> 8%> 24% Learning Employee TrainingEmployee TurnoverEmployee Compensation Annual Hours of Employee TrainingEmployee TurnoverAverage Compensation > 30,000< 3%> \$38,000

Discussion Assignment: Part II (2%). Post Executive Summary of your Balanced Scorecard in this Discussion area

By Friday night, create a separate main topic in the Week 6 Discussion, Balanced Scorecard, using your name in the title and post an Executive Summary in the discussion text. Do not include any confidential information in your Executive Summary because your Executive Summary is not private. But you can include confidential information in your paper because your assignment folder is private. Critique at least two of your classmates’ Executive Summaries in this Week 6 Balanced Scorecard Discussion. All postings must be completed by Sunday midnight.