Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Part 2:Using the Balanced Scorecard framework, identify two objectives and corresponding leading indicators (key performance indicators) to use as performance measures per category (excludingFinancial). Discuss
Part 2:Using the Balanced Scorecard framework, identify two objectives and corresponding leading indicators (key performance indicators) to use as performance measures per category (excludingFinancial). Discuss the potential strengths and weaknesses of each leading indicator, in terms of what productive and counterproductive behaviors each measure might motivate. Select which group(s) of employees you would assign the performance measure to. HINT: Be careful to select objectives that will lead to positive financial performance, and match them with leading indicators that can be measured. | ||||||
Utilize the template below to record your responses: | ||||||
Balanced Scorecard Category | Objective | Leading Indicator (performance measure) | Assigned to... (employee group) | Productive Behavior(s) hoped for... (Hint: Actions desired, rather than outcome) | Counterproductive Behaviors the measure might motivate (Hint: Undesired actions, rather than poor outcome) | |
Financial | NOT REQUIRED | |||||
Customer | 1) | |||||
2) | ||||||
Business Practice | 1) | |||||
2) | ||||||
Learning & Growth | 1) | |||||
2) |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started