Evaluate the performance to date according to the attached balanced scored card.
ID: 2766775 • Letter: E
Question
Evaluate the performance to date according to the attached balanced scored card.
Decisions were good or bad?
Suggesstion for improvement.
please translate this balanced score card .
this is individual game playing section where every students has his or her own Company Name.Mine is Smart Tech Corporation which introduce new micro computer . Please keep in privacy for this question because i will be trouble if someone will found out my data.
thanks
Balanced Scorecard Industry results for quarter. 2 Minimum MaximumAverage Smart Tech Corporation 0000 0,000 000 442 14181 0065 0.485 0300 0.520 0.718 0620 9.607 95141 34148 0374 0616 0510 Human Resource Management 0643 0.701 0681 0.722 0323 Total Performance 0.000 0.000 21.546 0.065 0.520 95141 0.455 0.643 0051 1.000 29642 Financial Performance Market Performance Marketing Effectivenes8 Investment in Future Wealth 0520 0.718 Asset Management 51 0 Manufacturing Productivity Financial Risk 0215 1.000 0734 1.000 0970 0 849Explanation / Answer
As per Balanced Scorecard, Co. has performed on lower side of the industry.
Co. has invested most of their assets for Future which is not very good as an organization should invest moderate amount for future.
Co. has very poor asset management which is not good. It should take out more funds to manage the assets.
Co. is on higher side of financial risk looks like co. has invested more in risky investments. The co. should take out funds from there and invest for working capital. This would balance its financial risk as well as present performance with the industry as well as internally co. would be stable.
So, Co. should invest in working capital to increase its output though productivity Is on higher side but co. should focus on increasing its capacity for more results.
Wealth is kept as moderate which is ok but it should be increased slightly to meet exigencies.
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