To prepare to complete this assignment, review the following materials from the study activity in Unit 8, which are also linked in the Resources:
Kaplan and Norton’s 1992 article, “The Balanced Scorecard: Measures that Drive Performance,” from Harvard Business Review. This Kaplan and Norton framework is a valuable resource for this assignment.
Gunduz and Simsek’s 2007 article, “A Strategic Safety Management Framework Through Balanced Scorecard and Quality Function Deployment,” from Canadian Journal of Civil Engineering. Note that Kaplan and Norton’s 1992 balanced scorecard framework is depicted in Figure 2 of this article.
Koumpouros’ 2013 article, “Balanced Scorecard: Application in the General Panarcadian Hospital of Tripolis, Greece,” from International Journal of Health Care Quality Assurance.
Behrouzi, Shaharoun, and Ma’aram’s 2014 article, “Applications of the Balanced Scorecard for Strategic Management and Performance Measurement in the Health Sector,” from Australian Health Review.
The updates addressed in Kaplan and Norton’s 1996 article, “Linking the Balanced Scorecard to Strategy,” from California Management Review.
Norton’s 2011 article, “Strategy Execution Needs a System,” which provides a brief retrospective on updates and lessons learned.
The goal of this assignment is to generate recommendations for process improvement and organizational fitness. You will make your recommendations for the organization you selected in Unit 7 for the balanced scorecard PowerPoint presentation and which you presented in the Unit 8 assignment. Apply the concepts of balanced scorecards to create your recommendations.
To complete the assignment, write a paper in which you:
Describe the selected organization, including its vision and mission.
Analyze the company using any adaptation of the Kaplan and Norton balanced scorecard framework that fits your selected organization. Use the materials listed at the beginning of this assignment.
Communicate vision, strategy, objectives, measures, targets, and initiatives for each of the following four elements through a macro-level discussion:
Financial performance measures.
Internal business processes.
Learning and growth.
Convey the organization’s values through an ethical, organizational, and directional strategy.
Synthesize evidence-based and best practices into recommendations for monitoring and improving discussions.
Generate one recommendation for each of the following:
In your recommendations, use specific language and include evidence-based concepts from peer-reviewed literature, including a minimum of four outside peer-reviewed sources.
Communicate information and ideas clearly, accurately, and concisely, including reference citations and using correct grammar.
Use APA format for:
Table of contents, including list of figures and tables.
Headings and subheadings.
Number of resources: A minimum of six resources. The Norton and Kaplan articles, “The Balanced Scorecard: Measures that Drive Performance” and “Linking the Balanced Scorecard to Strategy,” will serve as two resources.
Length of paper: 10–12 typed double-spaced pages.
Font and font size: Arial, 10 point.
Type of service-Academic paper writing
Type of assignment-Essay
Pages / words-10 / 2750
Number of sources-6
Language style-US English