Using research tools please identify companies that actually use the Balanced Scorecard. Now choose three (3);...

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Finance

Using research tools please identify companies that actually usethe Balanced Scorecard. Now choose three (3); How is the BalancedScorecard presented in the annual reports of the company? What doesBalanced Scorecard reporting suggest about the management of thecompany, and the responsibility the company feels for itsstakeholders? Please place your answers to the above questions onthe module 6 discussion forum. The recommended word count is 300 -400 words. You may like to use images and diagrams. You are alsowelcome to include factors that may not be explicitly stated butwhich you believe fit within the context of the subject and areworthy of inclusion.

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The balanced scorecard is a method which displays organisations performance into four dimensions namely financial customer internal and innovation The four dimensions acknowledge the interest of shareholders customers and employees taking into account of both longterm and shortterm goals Kaplan and Norton classified performance measures into four business perspectives i The financial perspective ii The customer perspective iii The internal business perspective iv The learning and growth perspective i Financial Perspective How Do We Look To Shareholders In this step manager of a division or a unit links its business objectives to the corporate strategy of the company as a wholeFinancial performance measures indicate whether the companys strategy implementation and execution are contributing to its revenue and earnings To identify key performance measures in this perspective managers during strategic planning ask How do we look to shareholders Corporate strategy and strategic initiatives are examined from the financial perspective to see feasibility of these initiatives of being met The financial objectives chosen at the See Answer

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Using research tools please identify companies that actually usethe Balanced Scorecard. Now choose three (3); How is the BalancedScorecard presented in the annual reports of the company? What doesBalanced Scorecard reporting suggest about the management of thecompany, and the responsibility the company feels for itsstakeholders? Please place your answers to the above questions onthe module 6 discussion forum. The recommended word count is 300 -400 words. You may like to use images and diagrams. You are alsowelcome to include factors that may not be explicitly stated butwhich you believe fit within the context of the subject and areworthy of inclusion.