Using this article https://hbr.org/2007/07/using-the-balanced-scoreca…
The article by Kaplan and Norton describes four new processes that the balanced scorecard is designed to help companies make that important link between a company’s long-term strategies with its short-term financial goals. Pick one of the four processes and discuss how you envision this being applied in the simulation (Group project simulation). Support your answers with tie-in to the readings, examples from your experiences and at least one credible, high-quality source of outside research.
Reflect on a decision within the LINKS supply chain simulation.
Address difficulties, strategy and outcomes.
This project requires you to set three financial goals:
- one short-term goal that can be achieved in less than a year
- one intermediate-term goal that can be achieved in one to five years
- one long-term goal that will take more than five years to achieve
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