Question: Performance Evaluation Using Balanced Scorecard at Johnson & Johnson Requirements: Develop a balanced scorecard for Johnson & Johnson to evaluate performance across financial, customer, internal

Performance Evaluation Using Balanced Scorecard at Johnson & Johnson

Requirements:

  1. Develop a balanced scorecard for Johnson & Johnson to evaluate performance across financial, customer, internal business processes, and learning and growth perspectives.
  2. Set specific performance targets for key metrics (e.g., ROI, customer satisfaction, production efficiency, employee training hours).

Perspective

Metric

Target Value

Financial

ROI

15%

Customer

Customer Satisfaction

90%

Internal Business Process

Production Efficiency

95%

Learning and Growth

Employee Training Hours

20 hours/employee/year

  1. Collect and analyze actual performance data for the current year.
  2. Recommend actions to address any performance gaps and improve overall business performance.

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