The extra credit assignment requires you to create a Balanced Scorecard for a company or organization of your choice. Preparing the Balanced Scorecard will require you to research and think critically...

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The extra credit assignment requires you to create a Balanced Scorecard for a company or organization of your choice. Preparing the Balanced Scorecard will require you to research and think critically about the company, so I recommend you choose one that you are interested in. To earn extra credit, you will need to submit a paper that is at least 1,000 words in length and a completed Balance Scorecard template.

The paper should address: - Purpose and goals of the Balanced Scorecard - Overview of the company you have chosen and its mission - At least one Objective for each of the Balanced Scorecard Perspectives. Please describe the Objective and why you chose it (why it is meaningful for the company) The original Balanced Scorecard had 4 Perspectives, enhanced versions typically have a 5th. The Perspectives are: o Financial o Customer o Internal Business Process o Learning & Growth o Sustainability - For each Objective, chose at least 2 Measures and describe why you chose them. The measures are items that are quantifiable to ensure the company is making progress towards meeting their Objectives.

The Balanced Scorecard template summarizes the Mission, Objectives and Measures on one page. I have posted an Excel template to D2L that you can use.

Chapter 10 in the textbook provides an overview of the Balanced Scorecard. Additional information about it can be found on the internet. A couple a sample internet sites are:

https://balancedscorecards.com/balanced-scorecard/#learn-overview https://www.intrafocus.com/2016/06/balanced-scorecard-example/ https://www.smartsheet.com/balanced-scorecard-examples-and-templates

Successful completion of the assignment will be worth an additional 3% to your course grade. For example, if your overall course grade is 77%, successful completion of the extra credit would increase the course grade to 80%.

The assignment (paper and completed scorecard template) should be submitted via D2L
Answered Same DayFeb 21, 2021

Answer To: The extra credit assignment requires you to create a Balanced Scorecard for a company or...

Soumi answered on Feb 28 2021
141 Votes
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Title: BA 213 - Winter 2019— Balanced Scorecard
Contents
Balanced Scorecard    4
Purpose:    4
Goals:    4
The Chosen Company— AT&T    4
Overview:    4
Mission:    4
Objectives and Measures for Balanced Scorecard Perspectives    5
Justifications for the Objectives an
d Measures to quantify them    6
Financial Perspective    6
Objective 1:    6
2 KPIs for Objective 1    6
Objective 2:    6
2 KPIs for Objective 2    6
Customer Perspective    7
Objective 3:    7
2 KPIs for Objective 3    7
Objective 4:    7
2 KPIs for Objective 4    7
Internal Business Process Perspective    7
Objective 5:    7
2 KPIs for Objective 5    7
Objective 6:    8
2 KPIs for Objective 6    8
Learning & Growth Perspective    8
2 KPIs for Objective 7    8
Objective 8:    8
2 KPIs for Objective 8    9
Sustainability Perspective    9
2 KPIs for Objective 9    9
Objective 10:    9
2 KPIs for Objective 10    9
Works Cited    10
Balanced Scorecard
    Purpose:
The Balanced scorecard reinforces and integrates all aspects of Organization both internal as well as external. It acts as a bridge between various verticals of an organization such as Sales, Marketing, Financials, Production, HR, so that overall performance can be monitored. It enables the organization to quantify the key metrics they need to investigate for further improvements and help them to set right targets. A robust Balanced Scorecard helps the top management to go for a data driven decision-making process and can map areas for the implementation (Akkermans and Van Oorschot).
Goals:
The goals of a balanced score card is to ensure long-term flexibility and survival of the organization. It aims to offer an approach in deciding the direction, in which the business is heading and taking action regarding the same (Galankashi et al.).
    The Chosen Company— AT&T
Overview:
AT&T is an American multinational conglomerate having its headquarters in Texas. It is the second largest mobile telephone service provider across the globe. It was founded in October 5, 1983. It deals in a variety of products, which includes satellite telephone, fixed-line telephony, mobile television broadband and other. IT has acquired WarnerMedia in 2018, which has enabled the company to be the industry leader in terms of revenue (AT&T).
    Mission:
To carry and undertake various technological innovation and their implementation for benefiting AT&T and its customer by adopting next-generation technologies and network advancement in AT&T‘s services and operation. Working towards pursuing excellence so that the gen-next technologies can be made available to our clients and customers in the prevailing competitive market (AT&T).
    Objectives and Measures for Balanced Scorecard Perspectives
    Perspectives
    Objectives
    Measures or KPIs (Key Performance Indicators)
    Financial
    1. Improve Profitability of that organization
    Return on Investment
    
    
    Operating margin Ratio
    
    2. Optimize the Capital Structure of the Company
    Debt Equity Ratio
    
    
    Debt to total assets ratio
    Customer
    1. Improve the customer...
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