Question: balanced scorecard template for starbucks: Scorecard Areas Develop 2 - 3 strategic objectives for each of the four balanced scorecard areas. Remember to use the
balanced scorecard template for starbucks:
Scorecard Areas
Develop 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.
Financial Objectives Measures Targets: TimelineMetrics
Example: Increase market share Total Revenue Increase in first year
Customer Objectives Measures Targets: TimelineMetrics
Example: Increase customer value Increase profit contribution per customer Increase in first year
Internal Business Process Objectives Measures Targets: TimelineMetrics
Example: Decrease lead times for new contract implementation Project implementation time frames Decrease time by in first year
Learning and Growth Objectives Measures Targets: TimelineMetrics
Example: Decrease employee turnover Facilitate regular training and opportunities for development Reduce by in first year
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