In: Operations Management
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.
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 |