Question: Building on the Cameron Tools Inc. balanced scorecard example, assume that the company has the following performance metrics for each strategic objective: Promote from
Building on the Cameron Tools Inc. balanced scorecard example, assume that the company has the following performance metrics for each strategic objective:
▪ Promote from within: Percentage of new managers promoted from within the company
▪ Recruit quality recent graduates: Number of entry-level employees from top 10 manufacturing colleges
▪ Increase innovation: Product durability test scores and number of production hours per product
▪ Improve communication between departments: Number of production errors due to miscommunication
▪ Provide high-quality, durable products: Number of products returned on warranty and online product ratings
▪ Increase profits: Market share and gross profit Given these performance metrics and their related strategic objectives, draw a measure map showing the expected relationships among performance metrics.
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The following is a possible version of the measure map with an explanation of the links between strategic objectives The links in the ... View full answer
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