$5$f

Objective: Analyze the Balanced Scorecard approach to strategy evaluation.

Mindset: Understand the Balanced Scorecard approach to evaluating strategy.

Instructions

The Balanced Scorecard approach to strategy evaluation is another accepted way to determine the effectiveness of an organization$$s strategy. This includes three measurements in addition to the financial measurement. This approach provides an evaluation of a strategy from a broader perspective.

Help with:

$2-3$ page paper including an executive summary explaining your understanding of the Balanced Scorecard process by completing Steps $1,2,$ and $3.$

$$ Instructions

Step $1-$ Do a Google search using the terms Balanced Scorecard images. Review the many different formats of the Balanced Scorecard currently being used by organizations. Decide on three formats that you believe are particularly effective.

Step $2-$ Do a Google search using the terms Balanced Scorecard Adopters. Review the many different organizations currently using the Balanced Scorecard as part of their strategic planning. Select three different companies or organizations. Compare and contrast their use of the Balanced Scorecard technique.

Step $3-$ Prepare a one$-$page Executive Summary of your Balanced Scorecard analysis and recommendations.

Ensure the following points are addressed:

o Effectively balanced scorecard formats.

o Comparison and contrast of three different companies$$ use of the Balanced Scorecard process.

o

$$ Include at least two scholarly sources.