Unit 04 Please See The Attachment Unit 04unit Previewsuppose

Unit 04Individual assignment: Balanced scorecardName03/09/20161,220 WordsPotential value of a BSC to Anthony’s Orchard The balanced scorecard fixes a set of financial and non-financial measures of factors that are critical to business success. This factors that are set out in a balanced sore card will reflect critical value-creating activities at Anthony’s Orchard. By focusing on the four inter-related perspectives set out in the balance scorecard, Anthony’s Orchard can improve employee learning and internal business processes. This improvement will create better products and therefore higher customer satisfaction and higher market share. The sum of these improvements will be reflected in financial measures.The balanced scorecard will also help Anthony’s Orchard to link short-term initiatives with long-term objectives. This is because a balanced score card is a good tool for translating business vision and strategy into operational measures. In preparing a balanced score card Anthony’s Orchard will have to develop cross functional teams that align the organization to its strategy right from the common vision to the day to day activities of the employees. In this process, different functions of Anthony’s Orchard will be aligned and integrated