Balanced Scorecard Template

Complete Part $1$ and Part $2.$

Part $1$

Scorecard Areas

Develop $2-3$ strategic objectives for each of the four balanced scorecard areas. Remember to use the SMART method to create your objectives. One example has been provided in each scorecard for you.

$\backslash$table$[[$Financial Objectives,Measures,Targets: Timeline$/$Metrics$],[$Example: Increase market share,Total Revenue,Increase $5\%$ in first year$],[,,],[,,],[,,]]$

$\backslash$table$[[$Customer Objectives,Measures,Targets: Timeline$/$Metrics$],[\backslash$table$[[$Example: Increase customer$],[$value$]],\backslash$table$[[$Increase profit contribution per$],[$customer$]],$Increase $5\%$ in first year$],[,,],[,,]]$

$\backslash$table$[[$Internal Business Process,Measures,Targets: Timeline$/$Metrics$],[\backslash$table$[[$Example: Decrease lead times$],[$for new contract implementation$]],\backslash$table$[[$Project implementation time$],[$frames$]],$Decrease time by $3\%$ in first year$],[,,]]$

$\backslash$table$[[\backslash$table$[[$Internal Business Process$],[$Objectives$]],$Measures,Targets: Timeline$/$Metrics$],[,,],[,,]]$

$\backslash$table$[[\backslash$table$[[$Learning and Growth$],[$Objectives$]],$Measures,Targets: Timeline$/$Metrics$],[\backslash$table$[[$Example: Decrease employee$],[$turnover$]],\backslash$table$[[$Facilitate regular training and$],[$opportunities for development$]],$Reduce by $4\%$ in first year$],[,,],[,,]]$

Part $2$

Balanced Scorecard Summary

Write a $175-$ to $350-$word summary in which you:

Explain why these objectives are appropriate for the project.

Explain why these metrics and timelines are appropriate for your strategic plan.

Format any references according to APA guidelines.

Begin your summary on a new line below.