Question
This project should be based on an unmet opportunity for the organization Apple Inc., or to minimize a potential threat. What does the organization need
This project should be based on an unmet opportunity for the organization Apple Inc., 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. Explain the following 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.
Balanced Scorecard Template below
Organization: APPLE INC.
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.
Financial Objectives | Measures | Targets: Timeline/ Metrics |
Increase market share | Total Revenue | Increase 5% in first year |
|
|
|
|
|
|
|
|
|
Customer Objectives | Measures | Targets: Timeline/ Metrics |
Increase customer value | Increase profit contribution per customer | Increase 5% in first year |
|
|
|
|
|
|
|
|
|
Internal Business Process Objectives | Measures | Targets: Timeline/ Metrics |
Decrease lead times for new contract implementation | Project implementation time frames | Decrease time by 3% in first year |
|
|
|
|
|
|
|
|
|
Learning and Growth Objectives | Measures | Targets: Timeline/ Metrics |
Decrease employee turnover | Facilitate regular training and opportunities for development | 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.
**please make sure about the word limit and plagrism should not be more than 5%.
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