Necessary Toys, Inc., has adopted the balanced scorecard to motivate its managers to work toward the companywide
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Objective new products cutting-edge Measure Target Profitable New product ROI New product ROI of at least 75 percent Work force with Percntage of employees cross trained on work group tasks 100 percent of work group cross-trained on new tasks within 30 days Time to market less skills Agile product design and production processes Time to market (the time between a product idea and its first sales than one year for 80 percent of introductions Successful product New product Capture 80 percent of new product market within introductions market share one year
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Related Book For
Managerial Accounting
ISBN: 978-0618777181
8th Edition
Authors: Susan V. Crosson, Belverd E. Needles
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