ownership of balanced scorecard
DESCRIPTION
balance scorecard exerciseTRANSCRIPT
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Copyright 2008 Ernest R. Cadotte
Ownership of Balanced Scorecard
Team Member
Areas of Responsibility
Name:
Title
Name:
Title
Name:
Title
Name:
Title
Name:
Title
Financial Performance
Market Performance
Marketing Effectiveness
Manufacturing Productivity
Human Resource Management
Investments in the Future
Creation of Wealth
Asset Management
Team Name_________________________ Section:____________________________
Directions
The total performance of the firm is measured through the Balanced Scorecard. Every member of the executive team must take responsibility for two or more of the performance criteria that make up the total score. This responsibility is usually aligned with an individuals primary and secondary areas of responsibility, although it does not have to be.
In the table above, team members should check at least two of the performance criteria that they will take ownership of. Part of each persons evaluation will be determined by how well the firm does in the selected areas of responsibility. Comparisons will be made between individuals in different companies that have assumed similar responsibilities.
Two people may choose to take ownership of the same performance category, but all categories should have at least one person assigned to it.