week 7 discussion.docx - Week 7 Discussion 5"Variance Analysis and Balanced Scorecards Please respond to the following Use the Internet and/or Strayer

week 7 discussion.docx - Week 7 Discussion 5"Variance...

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Week 7 Discussion 5 "Variance Analysis and Balanced Scorecards" Please respond to the following: Use the Internet and/or Strayer Learning Resource Center to research a company that has implemented a balanced scorecard system for evaluating performance. Suggest at least two (2) variance measures the identified company can employ in a balanced scorecard performance evaluation system and examine how the company can use these variances to improve performance. The Balanced Scorecard - Who's Doing It? Increasingly, as balanced scorecard (BSC) concepts become more refined, we have had more inquiries asking for examples of organizations that have implemented the BSC, how the BSC applies to a business sector, metrics are appropriate for that sector, etc. This section provides a database of working balanced scorecard examples that our research has located. By 2004 about 57% of global companies were working with the balanced scorecard (according to Bain). Much of the information in the commercial sector is proprietary, because it relates to the strategies of specific companies. Public-sector (government) organizations are usually not concerned with proprietary information, but also, they may not have a mandate (or much funding) to post their management information on web sites. Increasingly, as balanced scorecard (BSC) concepts become more refined, we have had more inquiries asking for examples of organizations that have implemented the BSC, how the BSC applies to a business sector, metrics are appropriate for that sector, etc. This section provides a database of working balanced scorecard examples that our research has located. By 2004 about 57% of global companies were working with the balanced scorecard (according to Bain). Much of the information in the commercial sector is proprietary, because it relates to the strategies of specific companies. Public-sector (government) organizations are usually not concerned with proprietary information, but also, they may not have a mandate (or much funding) to post their management information on web sites.
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