Question: Scorecard Areas Develop at least three strategic objectives for each of the four balanced scorecard areas for the company Walmart . Financial Objectives Measures Targets:
Scorecard Areas
Develop at least three strategic objectives for each of the four balanced scorecard areas for the company Walmart.
| Financial Objectives | Measures | Targets: Timeline/ Metrics |
| Increase market share | Total Revenue | Increase 5% in first year |
| Save Money |
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| Customer Objectives | Measures | Targets: Timeline/ Metrics |
| Increase customer value | Increase profit contribution per customer | Increase 5% in first year |
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| Internal Business Process Objectives | Measures | Targets: Timeline/ Metrics |
| Decrease lead times for new contract implementation | Project implementation time frames | Decrease time by 3% in first year |
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| Learning and Growth Objectives | Measures | Targets: Timeline/ Metrics |
| Decrease employee turnover | Facilitate regular training and opportunities for development | Reduce by 4% in first year |
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explain in 350-525 words:
- why these objectives are appropriate for the project.
- why these metrics and timelines are appropriate for your strategic plan.
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