BUS499 CASE, SLP and TD #1
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background.docxModule 1 - Background
The Balanced Scorecard & the Financial Perspective
Required Reading
Please read the Introduction and Chapters 1-3 of:
MacKay, A. (2004). A practitioner’s guide to the balanced scorecard: A practitioners’ report based on: ‘Shareholder and stakeholder approaches to strategic performance measurement using the balanced scorecard’. Chartered Institute of Management Accountants. Retrieved from http://www.cimaglobal.com/Documents/Thought_leadership _docs/tech_resrep_a_practitioners_guide_to_the_balanced _scorecard_2005.pdf
Please read Chapter 1 of:
Murby, L., & Gould, S. (2005). Effective performance management with the balanced scorecard: Technical report. Chartered Institute of Management Accountants. Retrieved from http://www.cimaglobal.com/Documents/ImportedDocuments/Tech_rept_Effective_Performance_Mgt_with_Balanced_Scd_July_2005.pdf
Also review the following to re-familiarize yourself with the concept of mission and vision as they relate to strategy:
Robin, D. (n.d.). Vision, Mission and Values: Management Tools for Building a Better Workplace.Daniel Robin & Associates. Retrieved from http://www.abetterworkplace.com/developing-the-organization-and-the-people-in-it/
The Case Assignment article can be found at:
Martello, M., Watson, J., & Fischer, M. (2016). Implementing a balanced scorecard in a not-for-profit organization. Journal of Business & Economics Research, 14(3), 61-74. Retrieved from the Trident Online Library.
This web article will be helpful for your SLP.
Niven, P. (n.d.). Financial perspective. EPM Review. Retrieved from http://www.epmreview.com/resources/articles/item/84-financial-perspective.html
Optional Reading
Balanced scorecard initiative: Guidelines for building a BSC (n.d.). American University of Beirut. Retrieved from http://www.aub.edu.lb/osm/scorecards/Documents/guidelines_for_building_a_bsc.pdf
Averson, P. (1998). What is the balanced scorecard? Balanced Scorecard Institute, a Strategy Management Group company. Retrieved from https://www.balancedscorecard.org/BSCResources/AbouttheBalancedScorecard/tabid/55/Default.aspx
Measurements for success (n.d.). Retrieved from http://www.mystrategicplan.com/strategic-planning-topics/balanced-scorecard.shtml
The business vision and company mission statements (n.d.). QuickMBA. Retrieved from http://www.quickmba.com/strategy/vision/
