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Running head: STRATEGY COMPOSITION1Alec DagelStrategic Management in Dynamic Environments (MGMT690-2004B-04)Strategy CompositionColorado Technical UniversityInstructor: Dr. Michael Campo
STRATEGY COMPOSITION2IntroductionUp to this point, we have had great success with the phases of our furniture company. Wehave looked at different analytical tools, our other competitors, and ways to contribute to ourcompany's success effectively. Now that we have come this far, we must look at another tool thatwould benefit the strategic framework for our company.Balanced Scorecard PerspectivesThe balanced scorecard can be used by any organization and has multiple concepts. Oneof the ideas includes communication amongst employees and other partners they are trying to dowith the plan. (Balanced Scorecard Institute, 2020) Companies can measure and monitor theprogress toward intentional targets. With this model, they can prioritize projects, products, andservices and align their daily work with what everyone is doing with the approach. Within themodel, it is suggested that an organization is examined from four different perspectives. The

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Balanced Scorecard Institute

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