Assignment 1: Discussion—Applying Balanced Scorecard
In many cases, managers end up in trouble as they direct their focus exclusively on cost savings. Cost cutting is always emphasized, but other impacts, such as decreased quality, can be overlooked. These overlooked impacts can have a significant effect on the revenue and profitability of an organization. The balanced scorecard is a measure to assure that management is not exclusively driven by cost, but balanced with other measures that also can significantly influence the performance of an organization.
Using the module readings and the Argosy University online library resources, research balanced scorecard and its application.
Select a service industry organization of your choice. Complete the following for the selected organization:
By Saturday, December 6, 2014, post your response to the appropriate Discussion Area. Through Wednesday, December 10, 2014, review and comment on at least two peers’ responses.
Write your initial response in 300–500 words. Your response should be thorough and address all components of the discussion question in detail, include citations of all sources, where needed, according to the APA Style, and demonstrate accurate spelling, grammar, and punctuation
Do the following when responding to your peers: