Designing a Balanced Scorecard Wells Fargos web page (https://www .wellsfargo.com/pdf/invest_relations/VisionandValues04.pdf) states that the companys vision is to

Question:

Designing a Balanced Scorecard Wells Fargo’s web page (https://www .wellsfargo.com/pdf/invest_relations/VisionandValues04.pdf) states that the company’s vision is “to satisfy all our customers’ financial needs and help them succeed financially.” The brochure also describes the following 10 strategic initiatives:


1. Investments, brokerage, trust, and insurance.

2. Going for “gr-eight”! (Increase the average number of products per customer to eight).

3. Commercial bank of choice.

4. Doing it right for the customer.

5. Banking with a mortgage.

6. Wells Fargo cards in every Wells Fargo wallet.

7. When, where, and how.

8. Information-based marketing.

9. Be our customers’ payment processor.

10. People as a competitive advantage.


Required

Based on the annual reports and any other information you are able to find about Wells Fargo or its competitors, develop a Balanced Scorecard for Wells Fargo that will help it achieve its vision and monitor its performance on the strategic initiatives.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Management Accounting Information for Decision-Making and Strategy Execution

ISBN: 978-0137024971

6th Edition

Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young

Question Posted: