Subject: Business / Finance
Part I. Create Balanced ScorecardBuild a Balanced Scorecard for the unit of the organization for which you work, or have worked. Unless you are in senior management, focus on the unit with which you are most familiar rather than the organization as a whole. Identify the strategic objectives of the entire organization and the secondary objectives for the unit. Develop three specific objectives within each of the four perspectives for the unit. Each objective should have at least one quantified target metric associated with it.It is essential to understand what metrics are. In this assignment, the specific information needed to calculate each metric should be explained. For each metric state the appropriate target value and the actions that need to be taken to achieve the target. The paper should be no more than 15 pages, including the reference list, and be formatted in accordance with the APA guidelines as modified for the MBA program.MetricsDevelop three specific objectives within each of the four perspectives for the unit. Each objective should have at least one quantified target metric associated with it. So your table should contain 4 perspectives, each with 3 specific objectives, and a target value of the metric for each objective.If you would like to see a sample table of metrics, here is one example:Sample Table of Metrics for an Example Business UnitPerspectiveObjectiveMetricTarget ValueFinancialRevenue GrowthOperating Profit GrowthShort-term SolvencyLong-term SolvencyAnnual Rate of Growth% EBIT/SalesCurrent RatioLong-term Debt/Equity> 6%> 7%> 2.0< 30%CustomerIncrease Number of CustomersMaintaining Transaction SizeImprove Customer SatisfactionAnnual rate of Customers IncreaseAverage Transaction SizeMedian Score: Customer Survey> 5%> $600> 90%InternalProduct ImprovementRatio of New to Old ProductsMaintain Market Share% R&D Expense to RevenueRatio of New to Old ProductsMarket Share %> 4%> 8%> 24%LearningEmployee TrainingEmployee TurnoverEmployee CompensationAnnual Hours of Employee TrainingEmployee TurnoverAverage Compensation> 30,000< 3%> $38,000Part 2 (create in separate file)Create an executive summary. Do not include any confidential information in your Executive Summary because your Executive Summary is not private. But you can include confidential information in your paper because your assignment folder is private.