Question

In: Operations Management

Create a balanced scorecard for Tesla for 4 key areas : 1.Financial Strength – Profitability and...

Create a balanced scorecard for Tesla for 4 key areas :

1.Financial Strength – Profitability and Risk.

2. Customer Satisfaction – Value Creation and Product/Service Differentiation Over Competition.

3. Internal Business Processes Effectiveness – Internal and External Activities That Create Satisfaction For All Stakeholders.

4.Ongoing Innovation Focus – Continual Product/Service Improvement As Well As Continual Value Creation.

Solutions

Expert Solution

Pls find below the graph table of sample Balance Score Card

Key Area Weight % KRA Unit of measure Target
FY19
Review / Monitoring mechanism Frequency of review/monitoring Weight %
Fianacial Stength 25 Achieve targeted revenue from Existing business USD 200000 Graph Fortnightly 10
Achieve targeted gross margin USD 2000 Graph Fortnightly 10
Revenue from new business USD 5000 Graph Monthly 5
Customer Satisfaction 25 Customer Complain clouse TAT Days 7 Graph Fortnightly 15
Net Promotor Score % 80 Graph Fortnightly 10
Internal Business Process 25 Quality Compliance % 100 Graph Fortnightly 10
Productivity improvement % 10 Graph Fortnightly 10
Attrition rate % 10 Graph Monthly 5
On Going Innovation Focus 25 No. of training mandays Man days 10000 Graph Fortnightly 10
No. of patent filed Nos. 10 Patent Certificate Quarterly 10
No. of service centrer across US Nos. 200 Graph Quarterly 5

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