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Many companies use a balanced scorecard system to track and manage their perform
Many companies use a balanced scorecard system to track and manage their performance. According to Garrison, Noreen, and Brewer (2021), a balanced scorecard “consists of an integrated set of performance measures that are derived from and support a company’s strategy.” In a Balanced Scorecard (BSC), the company’s strategy is translated into a system of performance measures that are used to monitor the company’s performance in meeting its strategic objectives.
Your task for this assignment will be to identify and discuss key performance measures used in an actual balanced scorecard example of any ONE real organization. Select the company of your choice; however, please make sure that you will be able to access their BSC information.
This can be readily accomplished by doing a search of the library databases, Google Scholar, or other source available to you along with our textbook readings. To further assist in your understanding of this topic, in addition to finding information relating to a balanced scorecard example you might also want to do supporting searches on dashboards and also Key Performance Indicators (KPIs), as these are two contemporary terms related to the balanced scorecard concept.
Discuss in as much detail as possible the specifics of each of the elements in the balanced scorecard that is being used your selected company. You will also need to analyze the significant strengths and weaknesses of the organization’s balanced scorecard.
Deliverables
You should prepare a 7-9 slide PowerPoint presentation (not including the cover page slide and references slides), explaining the specifics of the balanced scorecard utilized by the company you selected in your research. In your presentation, be sure to address each of the four performance measures:
1. Financial
2. Customer
3. Internal Business Process
4. Learning and Growth
For each of these performance measures, identify and discuss the most significant Key Performance Indicators that appear in the performance measure.
Also, your presentation should include your analysis of the strengths and weaknesses of your company’s balanced scorecard. You should include at least two strengths and two weaknesses in your analysis.
Your PowerPoint presentation should also include voice narration for each of the content slides. The length of the narration should be approximately 8-10 minutes for the entire presentation.
APA standards are required to be followed for this presentation.
For the audio just write the narrative out and I will read the audio out.
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