This tutorial contains 2 Papers\tIdentify\u00a0key trends, assumptions, and risks in the context of your final business model.\tDevelop\u00a0the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, assumptions, and risks.The strategic objectives are measures of attaining your vision and mission. As you develop them, consider the vision, mission, and values for your business and the outcomes of your SWOTT analysis and supply chain analysis.\tConsider\u00a0the following four\u00a0quadrants of the balanced scorecard\u00a0when developing your strategic objectives:\t\t\tShareholder Value or Financial Perspective, includes strategic objectives in areas such as:\t\t\t\t\t\t\t\t\tMarket share\t\t\t\t\t\t\tRevenues and costs\t\t\t\t\t\t\tProfitability\t\t\t\t\t\t\tCompetitive position\t\t\t\t\t\tCustomer Value Perspective, includes strategic objectives in areas such as:\t\t\t\t\t\t\t\t\tCustomer retention or turnover\t\t\t\t\t\t\tCustomer satisfaction\t\t\t\t\t\t\tCustomer value\t\t\t\t\t\tProcess or Internal Operations Perspective, includes strategic objectives in areas such as:\t\t\t\t\t\t\t\t\tMeasure of process performance\t\t\t\t\t\t\tProductivity or productivity improvement\t\t\t\t\t\t\tOperations metrics\t\t\t\t\t\t\tImpact of change on the organization\t\t\t\t\t\tLearning and Growth (Employee)\u00a0Perspective, includes strategic objectives in areas such as:\t\t\t\t\t\t\t\t\tEmployee satisfaction\t\t\t\t\t\t\tEmployee turnover or retention\t\t\t\t\t\t\tLevel of organizational capability\t\t\t\t\t\t\tNature of organizational culture or climate\t\t\t\t\t\t\tTechnological innovation\t\t\t\tDevelop\u00a0at least three strategic objectives for each of the four balanced scorecard areas identified (Financial, Customer, Process, Learning and Growth). Your objectives should be selected, in part, based on an evaluation of a number of potential alternatives to the issues and\/or opportunities identified in the SWOTT Analysis paper and table you completed in Week 3.\tBase\u00a0your solutions on a ranking of alternative solutions that includes an identification of potential risks and mitigation plans, and a stakeholder analysis that includes mitigation and contingency strategies. You should also incorporate the ethical implications of your solutions into your selection.\t\t\tFor each\u00a0strategic objective, develop a\u00a0metric and target using a balanced scorecard format. (For example, a strategic objective in the shareholder or Financial Perspective is to increase market share. A metric to actually measure this strategic objective of\u00a0market share increase is, “The percentage of increase in market share.”\u00a0The target is the specific number to be achieved in a particular time period. The target for the metric of “Increase market share” could be “Increase market share by 2% for each of the next 3 years” of an increase of 2% per year for 3 years.)\tOutline\u00a0a brief communication plan discussing how you will communicate the company’s strategic objectives that includes the following:\t\t\tDefine the purpose.\t\t\tDefine the audience.\t\t\tIdentify the channel(s) of communication and why you selected that channel.\tWrite\u00a0a 1,050- to 1,400-word strategic objectives summary.\u00a0 Include your balanced scorecard and its impact on all stakeholders, and the communication plan.\t\u00a0\tFormat\u00a0paper consistent with APA guidelines.\tClick\u00a0the Assignment Files tab to submit your assignment.<\/p>\n","protected":false},"excerpt":{"rendered":"
This tutorial contains 2 Papers Identify\u00a0key trends, assumptions, and risks in the context of your final business model. Develop\u00a0the strategic objectives for your new division of the existing business in a balanced scorecard format in the context of key trends, Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-205052","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/205052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=205052"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/205052\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=205052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=205052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=205052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}