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Most companies still struggle to measure the performance of non - financial activities. In this assignment, your team will identify the best ways to monitor
Most companies still struggle to measure the performance of nonfinancial activities. In this assignment, your team will identify the best ways to monitor company performance for Barrington High School. Team members may answer one question each, but all answers should clearly show team collaboration and alignment rather than separate and independent answers to the questions. Teams with fewer than five members answer the same number of questions as team members, but an answer to question is mandatory.
This modules readings describe performance measurement approaches that are superior to conventional financiallydriven scorecards for both companies and organizations. Using the context provided by this modules readings, answer the following questions as a team:
What is the value of the balanced scorecard?
What are the shortcomings of conventional scorecards based on results, and why would a nonprofit organization want to develop a BSC
Do you agree with Ms Kohn at Barrington High School that student performance is the educational equivalent of financial performance in a forprofit enterprise? If not, what is the educational equivalent of financial performance?
How does a balanced scorecard align the companys strategic plan to its budget? How can doubleloop learning ensure that alignment is always appropriate?
What role should teachers play in the development of a BSC Compare the similarity of their role to the roles that nonmanager employees should play in a forprofit company in the development of a BSC
How should you respond to your bosss request to develop a BSC for your organization? What steps should you take to get the process started?
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