Sign In
Not register? Register Now!
Essay Available:
Pages:
3 pages/β‰ˆ825 words
Sources:
3 Sources
Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 12.96
Topic:

BUS499 SLP4 Strategy Mapping & The Learning and Growth Perspective

Essay Instructions:

For Module 4, consider your organization's mission and strategy from the perspective of its learning and growth (from your work on the case, your previous course work, and your background reading, you should be reasonably clear what such activities are). In this section of the assignment you’ll begin to identify objectives and measures relevant to that perspective. Refer back to this presentation on objectives if you need to.SLP Assignment ExpectationsOnce you’re reasonably clear on what’s involved, think about your organization and its learning and growth processes, and then:• Identify at least three objectives for improving the organization's learning and growth, and show how they relate to the mission, vision and strategy of the organization.• For each objective, develop at least one meaningful performance measure (metric).• For each objective, identify at least one expected level of performance (target).• For each objective, identify at least one new action or program that needs to be developed to ensure successful implementation of the organization's strategy (initiative).• Comment briefly on the relationships of the learning and growth objectives that you've identified here to the financial objectives that you identified in the Module 1 SLP assignment, the customer service objectives you identified in Module 2, and/or the internal business process objectives you identified in Module 3. How do they help to fulfill those objectives? If they don't (and they don't have to), what makes them more important than objectives that would relate to customer service, business processes, or financial operations?• Finally, do you wish to make any changes to your Module 1, 2, or 3 objective write-ups in light of your Module 4 experience? Here’s a table that you may wish to copy and fill in (the boxes are expandable - take all the space you need to be complete in your descriptions. No more than 2-3 pages should be necessary.) 

Essay Sample Content Preview:

Strategy Mapping & The Learning And Growth Perspective
Name
Institution
Date
Strategy Mapping & The Learning and Growth Perspective
Strategy maps provide a visual structure that helps in incorporating the organization objectives from the balanced scorecard perspective. A balanced scorecard is one of the strategic planning and management tools used in business processes to align activities with the organization's vision (Armitage & Scholey, 2006). A balanced scorecard improves internal and external communication and helps monitor the organization performance against the strategic goals (Armitage & Scholey, 2006).
Strategy maps portray the cause and effect relationship, it helps an organization link its resources, including the organization’s finances and provides insightful information for the organization to perform effectively(Armitage & Scholey, 2006). Strategy maps are tools that enable an organization to effectively plan and implement strategic goals effectively. Strategy mapping involves the description of the goals and objective and measures to be used to achieve the set objectives (Baldrige Program Strategy Map, 2012).
Strategy maps serve as a suitable process to determine the progression of objectives against related budgetary measures. The mapping strategy begins with the general objective which is to improve shareholders’ value. Shareholder value can be improved through effective pay system, gainful methods and asset utilization(Baldrige Program Strategy Map,2012). System maps describe the relation makes value and how to develop fundamental objectives like improving productivity. The visual method explains how specialist can wind up in an innovative strategy in a permanent way in a relationship (Baldrige Program Strategy Map,2012).
Analysis
Maps portray the association of action that meets particular customer needs through a mix of laborers, advancement and business frames that satisfy not only clients, but also meet shareholder demands (Murby & Gould, 2005). Strategy map essentially provides an ascertained framework that leaders can use to implement and improve business processes. Using strategy maps, leaders know how to deal with relationships (Murby & Gould, 2005). Strategy map process involves several steps that include specifying the goals and objectives, choosing a financial strategy, choosing the customer strategy and value proposition and the process of execution using internal perspective strategies .The process also involves planning and learning of growth strategies to be implemented (Murby & Gould, 2005).
The Glacier Inn
To understand the strategy mapping process in relationship with the management of performance and the organization's value proposition, Glacier Inn provides an example of how business utilizes strategy maps. The Glacier inn has a vision of constructing an ice cabin, which is a unique and innovative product(Murby & Gould, 2005). This pro...
Updated on
Get the Whole Paper!
Not exactly what you need?
Do you need a custom essay? Order right now:
Order

πŸ‘€ Other Visitors are Viewing These APA Essay Samples:

HIRE A WRITER FROM $11.95 / PAGE
ORDER WITH 15% DISCOUNT!
Order Now