In: Accounting
Please see the below for a fictitious example of consideration of balanced scorecard performance measures.
For each measure, indicate whether it would most like be classified in the learning and growth, internal business process, customer, or financial category of the company's balance scorecard.
Item | Description | Learning & Growth | Internal Business Process | Customer | Financial |
1 | Sales from new customers | ||||
2 | Customer defection rate | ||||
3 | Average fuel cost per sales dollar | ||||
4 | Average number of workplace accidents per employee | ||||
5 | Delivery cycle time | ||||
6 | Average training hours per employee | ||||
7 | Number of job applicants from under-represented groups | ||||
8 | Percent of customers that strongly agree with the statement "Your employees treated me courteously." | ||||
9 | Return on assets | ||||
10 | Percent of customers that strongly agree with the statement "Your company has a superior commitment to product safety." | ||||
11 | Number of modular product designs | ||||
12 | Lost sales due to out-of-stock merchandise | ||||
13 | Pounds of waste produced | ||||
14 | Number of customer referrals | ||||
15 | Residual income | ||||
16 | Average mentorship hours per employee |
Answer:
S.No | Activity (KPI) | |
1 | Sales from new customers | Internal Business Process |
2 | Customer defection rate | Customer |
3 | Average fuel cost per sales dollar | Internal Business Process |
4 | Average number of workplace accidents per employee | Learning & Growth |
5 | Delivery cycle time | Internal Business Process |
6 | Average training hours per employee |
Learning & Growth |
7 | Number of job applicants from under-represented groups |
Learning & Growth |
8 | Percent of customers that strongly agree with the statement "Your employees treated me courteously." | Customer |
9 | Return on assets | Financial |
10 | Percent of customers that strongly agree with the statement "Your company has a superior commitment to product safety." | Customer |
11 | Number of modular product designs | Internal Business Process |
12 | Lost sales due to out-of-stock merchandise | Internal Business Process |
13 | Pounds of waste produced | Internal Business Process |
14 | Number of customer referrals | Customer |
15 | Residual income | Financial |
16 | Average mentorship hours per employee | Learning & Growth |