Scorecard Analysis and Strategic Plan Paper.
- Communicate what they are trying to accomplish
- Align the day-to-day work that everyone is doing with strategy
- Prioritize projects, products, and services
- Measure and monitor progress towards strategic targets. Scorecard Analysis and Strategic Plan Paper.
The name “balanced scorecard” comes from the idea of looking at strategic measures in addition to traditional financial measures to get a more “balanced” view of performance. The concept of balanced scorecard has evolved beyond the simple use of perspectives and it is now a holistic system for managing strategy. A key benefit of using a disciplined framework is that it gives organizations a way to “connect the dots” between the various components of strategic planning and management, meaning that there will be a visible connection between the projects and programs that people are working on, the measurements being used to track success (KPIs), the strategic objectives the organization is trying to accomplish, and the mission, vision, and strategy of the organization.
This assignment is the culmination of your work in previous assignments. It includes the analyses you made of your selected organization, details of your proposed strategic plan, and recommendations for implementing your plan.
To successfully complete this assignment, you will be expected to:
Use strategic management and knowledge management theory and research to analyze the current environment of a health care organization.
Apply strategic planning tools and research to determine alternative strategies for a health care organization’s future success.Scorecard Analysis and Strategic Plan Paper.
Synthesize operational and financial components in the strategic planning process.
Evaluate the effect of your strategy formulation.
Integrate additional knowledge that you have gained and feedback you have received as the course progressed.
Incorporate any necessary instructor and peer feedback into previously submitted course project components.
Requirements
APA formatting: Resources and citations are formatted according to current APA style and formatting.
Number of resources: Minimum of 10 peer-reviewed research resources.
Length of PowerPoint presentation: 20 slides.
You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.
Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.
Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.
The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your Scorecard Analysis and Strategic Plan Paper.