Explore BrainMass
Share

Explore BrainMass

    Balanced scorecard: Some goals and objectives of a college?

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    1. Using the balanced scorecard approach, what are some of the goals and objectives of a college?
    2. What might be some of the strategic themes at a college? (Some examples discussed in the book were operating efficiencies, customer relations, product innovation, and growing the business).
    3. Would using a balanced scorecard be helpful in terms of communicating the strategy?

    © BrainMass Inc. brainmass.com October 10, 2019, 6:58 am ad1c9bdddf
    https://brainmass.com/business/balanced-scorecard/balanced-scorecard-some-goals-objectives-college-562947

    Solution Preview

    1. Using the balanced scorecard approach, what are some of the goals and objectives of a college?

    For financial outcomes, tuition per student, cost per student, profit per credit hour might be good ones. For customer goals, years to graduation, percent of students graduating, retention rate and number of students applying. For business process, goals might include number of courses offered that reached minimum enrollment, number of safety incidents, and campus cost per square foot. For learning and growth, goals might include number of papers published, number of conference presentations, and employees ...

    Solution Summary

    Your discussion is 328 words and gives examples of goals and measures for different kinds of colleges and how they might fit into the four perspectives of a balanced scorecard.

    $2.19