Complete the following: Explain why this opportunity/threat was selected, and how it is anticipated to benefit the organization. Based on our recent SWOT analysis of Tesla Inc we have found that some challenges Tesla has run into when producing are electric vehicles are the production of our batteries that run the vehicle. Problems in the supply chain have risen from different obstacles in our path. Some could have been caused by our suppliers and some could have been on our side of operations and not getting the car to the consumer in a timely manner. For Tesla to continue to prosper it must fix its supply chain issues to match its high quotas set forth by its visionary and CEO Elon Musk. Our intentions for Tesla would be to fix the supply chain and logistics issues by hiring a Logistics and supply chain expert. This will also allow Elon to be the visionary of Tesla further achieving its goal to accelerate the world to renewable energy.. = X Assignment each objective. Explain in 350-525 words on the Balanced Score Card Template: . why these objectives are appropriate for the project. why these metrics and timelines are appropriate for your strategic plan. Note: Review Strategic Management-8 Most Popular Cases in Connect. Access the case studies from the folder on the main course page in Blackboard. Submit your assignment. Resources Center for Writing Excellence Reference and Citation Generator Grammar and Writing Guides Wk 3 - Apply: Project Metrics [due Day... Assignment Content Now that you've identified the organization's SWOT, you need to determine the project and its objectives and metrics. This project should be based on an unmet opportunity for the organization, or to minimize a potential threat. What does the organization need to do to advance its goals and/or expand its competitive advantage? How will you measure their progress? Use the Balanced Scorecard Template to: Create at least 3 measurable project objectives for each quadrant of the scorecard based on your analysis. Determine targets, timelines, and metrics for each objective. Balanced Scorecard Template Use the organization you chose in Week 1 as a resource for this assignment. Background Strategic objectives are a measure of attaining your vision and mission. They reflect the vision, mission, and values of the business, as well as the outcomes of the internal and external environmental analysis. Scorecard Areas Develop at least three strategic objectives for each of the four balanced Scorecard areas. Measures Final Objectives Increase market share Targets: Timeline/ Metrics Increase 5% in first vear Total Revenue Customer Objectives Increase customer value Measures Targets: Timeline/ Metrics Increase profit contribution per increase 5% in first year customer Measures Internal Business Process Objectives Decrease lead times for new contract implementation Targets: Timeline/ Metrics Decrease time by 3% in first year Project implementation time frames Balanced Scorecard Template BUS/475 v11 Page 2 of 2 Internal Business Process Objectives Measures Targets: Timeline/ Metrics Learning and Growth Objectives Decrease employee turnover Measures Facilitate regular training and opportunities for development Targets: Timeline/ Metrics Reduce by 4% in first year Below, explain in 350-525 words: why these objectives are appropriate for the project. . why these metrics and timelines are appropriate for your strategic plan. Complete the following: Explain why this opportunity/threat was selected, and how it is anticipated to benefit the organization. Based on our recent SWOT analysis of Tesla Inc we have found that some challenges Tesla has run into when producing are electric vehicles are the production of our batteries that run the vehicle. Problems in the supply chain have risen from different obstacles in our path. Some could have been caused by our suppliers and some could have been on our side of operations and not getting the car to the consumer in a timely manner. For Tesla to continue to prosper it must fix its supply chain issues to match its high quotas set forth by its visionary and CEO Elon Musk. Our intentions for Tesla would be to fix the supply chain and logistics issues by hiring a Logistics and supply chain expert. This will also allow Elon to be the visionary of Tesla further achieving its goal to accelerate the world to renewable energy.. = X Assignment each objective. Explain in 350-525 words on the Balanced Score Card Template: . why these objectives are appropriate for the project. why these metrics and timelines are appropriate for your strategic plan. Note: Review Strategic Management-8 Most Popular Cases in Connect. Access the case studies from the folder on the main course page in Blackboard. Submit your assignment. Resources Center for Writing Excellence Reference and Citation Generator Grammar and Writing Guides Wk 3 - Apply: Project Metrics [due Day... Assignment Content Now that you've identified the organization's SWOT, you need to determine the project and its objectives and metrics. This project should be based on an unmet opportunity for the organization, or to minimize a potential threat. What does the organization need to do to advance its goals and/or expand its competitive advantage? How will you measure their progress? Use the Balanced Scorecard Template to: Create at least 3 measurable project objectives for each quadrant of the scorecard based on your analysis. Determine targets, timelines, and metrics for each objective. Balanced Scorecard Template Use the organization you chose in Week 1 as a resource for this assignment. Background Strategic objectives are a measure of attaining your vision and mission. They reflect the vision, mission, and values of the business, as well as the outcomes of the internal and external environmental analysis. Scorecard Areas Develop at least three strategic objectives for each of the four balanced Scorecard areas. Measures Final Objectives Increase market share Targets: Timeline/ Metrics Increase 5% in first vear Total Revenue Customer Objectives Increase customer value Measures Targets: Timeline/ Metrics Increase profit contribution per increase 5% in first year customer Measures Internal Business Process Objectives Decrease lead times for new contract implementation Targets: Timeline/ Metrics Decrease time by 3% in first year Project implementation time frames Balanced Scorecard Template BUS/475 v11 Page 2 of 2 Internal Business Process Objectives Measures Targets: Timeline/ Metrics Learning and Growth Objectives Decrease employee turnover Measures Facilitate regular training and opportunities for development Targets: Timeline/ Metrics Reduce by 4% in first year Below, explain in 350-525 words: why these objectives are appropriate for the project. . why these metrics and timelines are appropriate for your strategic plan