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Performance Evaluation Using Balanced Scorecard at General Electric Requirements: Develop a balanced scorecard for General Electric to evaluate performance across financial, customer, internal business processes,
Performance Evaluation Using Balanced Scorecard at General Electric
Requirements:
- Develop a balanced scorecard for General Electric to evaluate performance across financial, customer, internal business processes, and learning and growth perspectives.
- Set specific performance targets for key metrics (e.g., ROI, customer satisfaction, production efficiency, employee training hours).
Perspective | Metric | Target Value |
Financial | ROI | 22% |
Customer | Customer Satisfaction | 97% |
Internal Business Process | Production Efficiency | 99% |
Learning and Growth | Employee Training Hours | 42 hours/employee/year |
- Collect and analyze actual performance data for the current year.
- Recommend actions to address any performance gaps and improve overall business performance.
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