Question: Case Study Question: Fun Bros Pte Ltd (FB) is conducting a reorganisation of its divisions within the company. Management is looking at a plan to
Case Study Question:
Fun Bros Pte Ltd (FB) is conducting a reorganisation of its divisions within the company. Management is looking at a plan to ensure greater monitoring and control over the use of resources, activities and operating costs of the business. The group finance department has identified a number of corporate strategic objectives. These are as follows:
- Increasing growth rates in numbers of new customer sign-ups
- Enhancing the return of investment from companys capital expenditures
- Sending employees for training courses
- Improving customer satisfaction levels
- Improving staff motivation levels
- Enhancing employee rate of productivity
- Reducing the rates of internal failure costs
- Shortening product development timings
- Implementing greater numbers of employee suggestions
- Cutting down on non-essential overheads
- Improving the rate of return from new product launches
- Providing more information to employees, regarding the companys product portfolio.
The group finance department has proposed the use of the Balanced Score Card system as a tool for performance measurement.
Required: Categorise the objectives provided above into the relevant perspectives within the Balanced Score Card.
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