Identify key trends, assumptions, and risks in the context of your final business model.Develop the strategic objectives for your newdivision of the existing business in a balanced scorecard format in thecontext of key trends, assumptions, and risks.The strategic objectivesare measures of attaining your vision and mission. As you develop them,consider the vision, mission, and values for your business and theoutcomes of your SWOTT analysis and supply chain analysis.Consider the following four quadrants of the balanced scorecard when developing your strategic objectives:Shareholder Value or Financial Perspective, includes strategic objectives in areas such as:(EXAMPLES)Market shareRevenues and costsProfitabilityCompetitive positionCustomer Value Perspective, includes strategic objectives in areas such as:(EXAMPLES)Customer retention or turnoverCustomer satisfactionCustomer valueProcess or Internal Operations Perspective, includes strategic objectives in areas such as:(EXAMPLES)Measure of process performanceProductivity or productivity improvementOperations metricsImpact of change on the organizationLearning and Growth (Employee) Perspective, includes strategic objectives in areas such as:(EXAMPLES)Employee satisfactionEmployee turnover or retentionLevel of organizational capabilityNature of organizational culture or climateTechnological innovationDevelop at least three strategic objectives for eachof the four balanced scorecard areas identified (Financial, Customer,Process, Learning and Growth). Your objectives should be selected, inpart, based on an evaluation of a number of potential alternatives tothe issues and/or opportunities identified in the SWOTT Analysis paperand table you completed in Week 3.Base your solutions on a ranking of alternativesolutions that includes an identification of potential risks andmitigation plans, and a stakeholder analysis that includes mitigationand contingency strategies. You should also incorporate the ethicalimplications of your solutions into your selection.For each strategic objective, develop a metric and target usinga balanced scorecard format.(For example, a strategic objectivein the shareholder or Financial Perspective is to increase marketshare. A metric to actually measure this strategic objectiveof market share increase is, ‘The percentage of increase in marketshare.’ The target is the specific number to be achieved in aparticular time period. The target for the metric of ‘Increasemarket share’ could be ‘Increase market share by 2% for each of thenext 3 years’ of an increase of 2% per year for 3 years.)Tell us about a communication plan discussing how you will communicate the company’s strategic objectives that includes the following:Define the purpose.Define the audience.Identify the channel(s) of communication and why you selected that channel.Format presentation consistent with APA guidelines.
Identify key trends, assumptions, and risks in the context o
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