Using the balance scorecard approach on internal business process (objectives, measures, targets, and initiatives), research and develop the measure for each specific area of the scorecard.© BrainMass Inc. brainmass.com December 20, 2018, 2:23 am ad1c9bdddf
See the attachment for a formatted response.
I have tried to provide sufficient information for you to complete your assignment. If you use this material in your work, please remember to cite BrainMass properly.
Remember that my job as an OTA is NOT to complete the work for you, but to provide you with ideas, definitions, research help, and instructions on how you should approach the assignment. It is important to remember that I am an Online Teaching Assistant and my role is to help guide your thinking so that you can improve your understanding of the material and your academic skills set.
In its purest form, "The balanced scorecard is a management system (not only a measurement system) that enables organizations to clarify their vision and strategy and translate them into action. It provides feedback around both the internal business processes and external outcomes in order to continuously improve strategic performance and results. When fully deployed, the balanced scorecard transforms strategic planning from an academic exercise into the nerve center of an enterprise." (Arveson, 1998)
If a particular project does not call for the strict use of the balance scorecard, so a simplified model will be employed. This model suggests that the project outcomes be ...
700 Word discussion of the Balanced Scorecard and how to apply to business processes.