The Issue of Performance Measurement Essay Example | Topics and Well Written Essays - 2000 words

The Issue of Performance Measurement - Essay Example This paper looks to address the issue of estimation inside the setting of SWOT, PESTEL and Porter’s Five Forces Analysis in light of Jengo Limited. The paper further lights up on how planning would profit Jengo Ltd’s in arranging and controlling its stock, enlistment, and money the executives exercises. At long last, it zeroes on how a decent scorecard way to deal with estimating execution would profit this organization. SWOT examination Broadly, SWOT investigation is utilized to assess and help in venture definition and vital plans (Bohm 2008, p. 3). Much the same as Bohm noticed, a SWOT investigation ought to be utilized in mapping out an organization’s Strengths and Weaknesses of the items and benefits and evaluate the degree to which they are couple and how they might be improved. Past this, SWOT examination is utilized to consider the Opportunities and Threats uncovered by data accumulated as a rule through assessment of the outer condition and through simil ar investigations (Bohm 2008, p. 3, Habour 1997, p. 38). POSITIVE NEGATIVE INTERNAL Strengths 1. Monetarily solid with great overall revenues 2. A built up name among clients 3. Offers brisk current administrations 4. Starts Brand systems 5. Numerous dissemination channels 6. offers durable, trendy garments by an assortment of built up creators 7. Sound administration Weaknesses 1. Hardly any branches over the United Kingdom 2. Lack of foresight as far as staffing and preparing 3. Reconciliation of activities overall 4. Significant expenses 5. No item separation 6. Lack of common sense in planning and documentation EXTERNAL Opportunities 1. Developing Markets in different pieces of the United Kingdom and somewhere else 2. Various intrigued organizations to be investors including palisade Plc 3. Can utilize e-advertising procedure to additionally improve showcase base 4. Backing from Palisade Plc Threats 1. Hardened Competition from other dress business suppliers in the United Kingdo m 2. Rivalry from comparable Business offering similar administrations at less expensive costs 3. Government Regulation â€business overregulated Porters Five Forces Analysis of Jengo This system was created by Michael Porter. The instrument basically empowers organizations to manage dynamic markets, check serious ground and settle on choices with respect to entering objective markets effectively (Friedman 1999, p. 5, Hoffman 2001). Further, it empowers in recognizing accomplice just as suggestions that joint endeavors may present (Bradford and Duncan 1999). This is finished by assessing the accompanying five key zones as embraced by Porter: New Entrants: right now for Jengo, there appear to be numerous potential organizations that might need to wander into apparel, style, and structure business. Buyer’s Power: The purchasers that Jengo needs to appear to be strong. Be that as it may, they appear to gripe about costs. Choices ought to be given since they may move their stea dfastness. Substitute Products and Services: Certainly, there are options in contrast to what Jango does and this may welcome contributors to look somewhere else. Intensity of Suppliers: The providers for Jengo are not many and this implies they decide an extraordinary arrangement particularly in methodology definition inside the organization. Current Competition: Competition exists as there are numerous organizations who offer similar items even at lower costs.

Surrealism in The Love Song of J. Alfred Prufrock :: Love Song J. Alfred Prufrock

Oddity in The Love Song of J. Alfred Prufrock           Surrealism is a risky word to use about the artist, writer furthermore, pundit T.S. Eliot, and absolutely with his first major work,  The Love Tune of J. Alfred Prufrock . Eliot composed the sonnet, all things considered, years prior Andre Breton and his comrades started characterizing and rehearsing oddity legitimate. Andre Breton distributed his first Statement of Surrealism in 1924, seven years after Eliot's distribution of The Love Song of J. Alfred Prufrock.  It was this statement which characterized the development in philosophical and mental terms. Also, Eliot would later show lack of concern, incomprehension and on occasion threatening vibe toward oddity and its antecedent Dada.         Eliot's top choices among his French counterparts weren't surrealists, however were fairly the figures of  St. John Perse and Paul Verlaine, among others.  This doesn't mean Eliot shared nothing for all intents and purpose with surrealist verse, yet the realities that both Eliot and the Surrealists owed a lot to Charles Baudelaire's can maybe best clarify any similitude unusually reminiscent investigations of the representative recommendations of articles also, images.  Its uncommon, some of the time alarming juxtapositions regularly portray oddity, by which it attempts to rise above rationale and routine thinking, to uncover further degrees of significance and of oblivious affiliations. Despite the fact that researchers probably won't order Eliot as a Surrealist, the strange scene, characterized as an endeavor to communicate the functions of the psyche mind by pictures without request, as in a fantasy   is exemplified in The Love Song of J. Alfred Prufrock.         Prufrock presents a representative scene where the significance rises from the shared communication of the pictures, and that significance is amplified by echoes, frequently brave, of different journalists.           The juxtapositions referenced earlier  are apparent even at the sonnet's opening, which starts on a somewhat serious note, with a nightmarish entry from Dante's Inferno.  The principle character, Guido de Montefeltro, admits his wrongdoings to Dante, accepting that none has ever returned alive from this profundity; this profundity being Hell.  As the peruser has never experienced demise and the entry through the Underworld, he should depend on his own creative mind (and additionally subconscious)  to put an appropriate reference onto this secretive opening.  Images of a scene of fire and brimstone come to mind as do pictures of the two characters sharing a shockingly easygoing

Blog Archive MBA News Harvard Business School Goes High Fashion

Blog Archive MBA News Harvard Business School Goes High Fashion The New York Post’s Page Six recently published an article on Harvard Business School’s high fashion set. A student from the Class of 2010 seems to sum up the main point of the article, saying, Harvard Business School is becoming the place for fashion. This spring, the Luxury Goods Design Business Club successfully invited Project Runway winner Christian Siriano to speak on campus, along with Patrizio di Marco, CEO of Gucci. In addition, the HBS Retail and Apparel Club was able to bring the famously chronicled editor-in-chief of Vogue, Anna Wintour, to campus to speak. The Post goes on to chronicle HBS graduates who have succeeded in the world of high fashion, including Alexandra Wilkis Wilson and Alexis Maybank, who founded the Gilt Groupe, an online sample-sale Web site now valued at close to $500 million; Katia Ververis and Hayley Barna, who founded Birchbox, which delivers monthly beauty samples to members; and Jennifer Hyman and Jennifer Fleiss, who co-founded Rent the Runway, which rents designer clothing to its members. Although the Post article may be a little over the top in its description of HBS’s stiletto-clad fashionistas, business school applicants interested in pursuing a career in fashion might do well to consider Harvard Business School. Share ThisTweet Harvard University (Harvard Business School) News

Essay about First Amendment Rights, Privacy and the...

First Amendment Rights, Privacy and the Paparazzi The question of paparazzi threatening privacy and First Amendment rights is often to situational to argue in a conventional manner, but certainly there are many facets of the issue which can be addressed in a quite straightforward manner. Celebrities who feel they have the right to privacy in public places often muddy the waters of this issue. Oddly enough, those celebrities who have chosen to speak out against what they feel are violations of their privacy most always begin their campaigns with a large press conference. In other words, they gather together those people they wish to not only suppress but also berate in hopes that these people will use their positions and skills to†¦show more content†¦Their print journalist counterparts, who are afforded not only the luxury of editing, but also a few column inches within which to develop their perception of the story fall into a different category all together. A photojournalist must ascertain the defining image of a ne ws event as it is happening and capture it on film. If he or she is doing the job correctly, a reader can get a very good idea of what happened without even reading the accompanying article. There is no luxury of editing in photojournalism, the moment is either captured forever, or it isnt. If a fantastic shot is missed, it is gone forever. A good freelance photojournalist shoots what he or she knows. A good photojournalist also knows what will sell. Some photographs really arent worth taking from a newsworthiness standpoint, but if a publication is willing to pay enough for them, than they will be taken. Sadly money does rule the world, and until paparazzi photographers can feed their families without having to take these sorts of pictures, they will continue to be taken. It is obvious that one of two things is happening. Either the paparazzi does not threaten privacy and First Amendment rights, or they do in such a way that the public does not care. The reason for this goes back to the rich publications that ultimately drive paparazzi photographers to take these pictures. TheseShow MoreRelatedBuzzing Insects: American Paparazzi1594 Words   |  7 PagesThe American paparazzi have been described by celebrities and the news media as scum-of-the-Earth—mean, intrusive scavengers who feast upon other people’s misery (Saltzman par. 4). Imagine taking a walk with your children in a secluded hiking trail. You are trying to enjoy the peace and serenity that the beautiful day brings, but, as fate has it, you are a celebrity. Along with your fame come fans constantly asking for your autograph, people gazing and staring at you, and ultimately causing a sceneRead MoreShould Celebrities Have Their Right to Privacy?1557 Words   |  7 PagesShould celebrities have their right to privacy? Before newspapers, television, and the internet, ordinary people were not exposed to endless stories about celebrities. Today however, we are bombarded with information about who is dating whom, where they eat, and what they wear from magazines such as People, Entertainment Weekly, and Star. Also, most ordinary people respect the rights of others to a private life. However, some people are just obsessed to get information out of celebrities. They wantRead MoreEssay Laws against the Paparazzi Frenzy849 Words   |  4 Pageswith cameras. Over the years, the paparazzi have sought scandals from celebrities in order to receive money. In the process, they have stripped thousands of celebrities from their privacy rights. According to the 2006 blog, â€Å"The Digital Paparazzi†, there have been 1,360 different events between the years of 1999 and 2010 involving the intrusive photographers (Sim and Adcock, n.p.). They have caused numerous head aches, injuries, and even deaths. The abuse from paparazzi has gotten extreme to the pointRead MoreCelebrities’ Rights to Privacy674 Words   |  3 Pages The first rationale is that most public people seek and consent to publicity. But, consent in a general sense does not justify invasions into every aspect of an individual’s life. Unfortunately, the personalities and affairs of celebrities are viewed as inherently public. Paparazzi argue that the nature of celebrities’ jobs is construed as waiving their rights to privacy. However, this waiver should be regarded as a limited waiver, restricting the press to examine and exposing only thatRead MoreLimitations of the Paparazzi Essay examples1257 Words   |  6 PagesThe paparazzi can receive up to thousands of dollars for candid pictures of celebrities. As celebrities become more popular, the public wants to know what their doing every second of every day, even when they aren’t on camera. The pap arazzi make it their job to find those things out Paparazzi are photographers who repeatedly hunt celebrities, public figures and their families for a chance to photograph them in candid, unflattering and at times compromising moments (Valdes). The paparazzi are self-employedRead MoreEssay about Paparazzi: How Far is Too Far?1607 Words   |  7 PagesYet the meaning from the word paparazzo denotes a stronger meaning than just a freelance photographer. The paparazzi are notorious for their persistent and annoying personalities who will go through any measure to get the shot that they wish for. The main targets of the paparazzi are the celebrities who enchant the public. The public’s obsession with that person encourages the paparazzi to pursue the celebrity and encourages them to participate in acceptable invasive antics. It is only when harmRead MoreBuzzing Insects: American Paparazzi1892 Words   |  8 PagesThe American paparazzi have been described by celebrities and the news media as scum-of-the-Earth—mean, intrusive scavengers who feast upon other people’s misery (Saltzman par. 4). Imagine taking a walk with your friends in a secluded hiking trail. You are trying to enjoy the peace and serenity that the beautiful day brings; however, as fortune has it, you are a celebrity. Along with your fame come people gazing and staring at you, and fans asking for pictures or autographs. Ultimately, causing aRead MoreBlaiming the Paparazzi1108 Words   |  4 PagesIn 1997, Princess Diana died in a car crash in Paris, which was blamed on the paparazzi that were chasing her. Because the accident happened in France, no British charges can be laid against the photographers. However, nine were charged with manslaughter in France, but the charges were thrown out in 2002. Three photographers Jacques Langevin, Christian Martinez and Fabrice Chassery were convicted of invasion of privacy for taking pictures of Princess Diana and were each fined one euro in 2006. OfRead MoreShould Celebrities Be Off Limits?2002 Words   |  9 Pagesencounter paparazzi who stalk them in order to take their picture, invading their privacy. Celebrities must also juggle demanding jobs, while maintaining a home life that many attempt to live as normally as possible. Celebrities lead busy, hectic lives that require them to appear in public frequently, exposing themselves to intense scrutiny; nonetheless, the private lives of celebrities should be off limits because everyone has a First Amendment right to privacy, it is invading their privacy not ourRead MoreThe Fr eedom Of Speech By The Paparazzi2841 Words   |  12 Pagesconstantly being exposed by the paparazzi on a daily basis. These celebrities fearing that their privacy has been invaded often threaten legal action against the media personnel or engage in physical violence. However, the paparazzi often faced no punishment or charges for their behavior. The first amendment right guarantees the freedom of speech which the paparazzi use to justify their behavior of invading the personal lives of these popular individuals. The current privacy laws enforced are Intrusion

Queer And Feminist Theories Of Sexuality And The Erotic

The erotic has been a source of major discussion within queer and feminist theories. Indeed, much of the discussions surrounding homosexuality or queerness in general focus on ideas of sexuality and the erotic. It has been recognized as of late as a major force in people’s lives, something that permeates nearly every aspect of their lives. However, with the rise of discussions surrounding the erotic, the concept of the nonerotic has been left by the wayside, so to speak. There are many discussions surrounding the erotic that give no space for those who may not identify with the erotic in any way. This is seen in a variety of theories concerning the erotic. This work will identify some groups which may not embrace or experience the†¦show more content†¦Although asexual as a term has been used previously to mean that a person is simply nonsexual, as it is in Jon Binnie’s essay, it should be noted that this is not the intended use of the term in this work. Further , within the asexual community, using asexual and nonsexual as interchangeable words is strongly disapproved of, as they are taken to mean two different things. Asexual, as stated above, describes a sexual orientation and a lack of attraction. Nonsexual is the term that is often used instead to refer to a person who does not engage in sexual activities, or is not seen to be sexual in any way. Not all asexual people are nonsexual, and not all nonsexual people may identify with the label asexual, although there could certainly be some overlap of the two terms. There is potential for yet further overlap when one takes into account sex repulsion or indifference, as sex-repulsed or sex-indifferent people may or may not also be nonsexual. While considering overlapping of terms, one should also note the potential for overlap of the labels asexual and sex-repulsed or sex-indifferent. Just as someone who is sex-repulsed may also be nonsexual, this person could also identify as asexual. The s ame holds true for sex-indifferent people, but by no means should this be taken to mean that every sex-repulsed or sex-indifferent personShow MoreRelatedBlack Feminism s Speech At The Ohio Women s Rights Convention Essay1442 Words   |  6 Pagestogether ought to be able to turn it back and get it right side up again.† This is from abolitionist and women’s rights activist Sojourner Truth’s speech at the Ohio Women s Rights Convention in 1851. This is probably the most relevant messages that feminist everywhere can follow behind. Feminism is simply the advocacy of equality of sexes social, political, and economic, but until this can happen you have to address race and class oppression among other inequalities. This is the reason why the ideaRead MoreLiterature Review of Queer Theory Essay3042 Words   |  13 Pagesstudies and even American pragmatist theory (Parker,2001; Seidman,1997), queer theory has become one of the most important theories, which contributes to the research of sociology, arts and organizations. On the one hand, queer theory has been used to study the relations between the sexuality, gender and workplace. On the other hand, by utilizing denaturalized, deconstructive and performative methods to queer the presumptions of the taken-for-granted norms, queer theorists question and disprove theRead MoreThe Theme Of Homo Eroticism Within The Play As You Like It And How It Differs From Various Other3688 Words   |  15 PagesBefore exploring homoeroticism, it is important to determine an understanding of what the term is. As defined by Oxford English Dictionary, Homoeroticism is; ‘pertaining to or characterized by a tendency for erotic emotions to be centred on a person of the same sex; of or pertaining to a homo-erotic person’. It is crucial to not mistake homo-eroticism as merely a synonym of homosexuality, because it is an entirely different concept. Homo-eroticism refers to the desire itself, which can be temp orary,Read MoreHow Queer Theory Destabilises Traditional Ideas Of Gender1798 Words   |  8 PagesWith Reference to Post-Structural Theory, Discuss How Queer Theory Destabilises Traditional Ideas of Gender. In regards to gender, Freud used the term ‘Oedipal Complex’ which hints to the myth of Oedipus who murdered his father and married his mother. This occurs in the phallic stage and refers to one of his more controversial ideas which states a boy’s erotic affection for his mother and conflict with the father as he desires to replace him. To resolve this conflict, the boy must identify withRead MoreCalculus Oaper13589 Words   |  55 Pagestheir heads: If the first erotic bond is to the mother, she asks, could not the natural sexual orientation of both men and women be toward women? Rich s radical questioning has been a major intellectual force in the general feminist reorientation to sexual matters in recent years, and her conception of a lesbian continuum sparked especially intense debate. Does lesbianism incorporate all support systems and intense interactions among women, or is it a specifically erotic choice? What is gainedRead MoreThe Sexuality Of Female Sexuality1974 Words   |  8 Pagesready to accept and be tolerant to homosexual or bisexual people, but the issue over the female sexuality is still unsettled. The question how it differs from the male sexuality and why exactly the attitude to female sexuality is different compared to the male one is discussed by lots of psychologists, sociologists and philosophers. However, there is no coherent and competent explanation yet. â€Å"Sexuality is messy, passionate, unclear, tentative, anxiety-producing, liberating, frightening, embarrassingRead MoreBanning Of A College Campus1845 Words   |  8 Pagesmanipulation of first amendment can be used in a college setting. The fact remains that there is a substantial difference between a corporation and a university. Universities are meant to be a place of learning and just like science is able to accept new theories, we should be willing to accept new ideas. Building tolerance as a community allows us to embrace unpopular ideas. That being said, there is very good reasons to protect offensive or unpopular speech. During the 1950’s, minority groups didn’t haveRead MoreObscenity Laws Texts Schools And Public Libraries2132 Words   |  9 Pagesobscene? Certain fiction writers do not consider the use of euphemisms in their works and at certain times cause intentional ambiguity that attracts diverse reactions from their readers. This phenomenon comes about from what is termed as the reception theory. The mind tends to develop in accordance with the exposure (Cossman 50). It is evident that these scenes tend to be more attractive to the unsuspecting persons, mostly teenagers; therefore, developing strategies to protect them is essential. The CanadianRead MoreBanning Speech Codes On Campuses1811 Words   |  8 Pagescan be used or freedom of expression in a college setting. The fact remains that there is a substantial difference between a corporation and a university. Universities are meant to be a place of learning and just like science is able to accept new theories, we should be willing to accept new ideas. Building tolerance as a community allows us to embraces unpopular ideas. That being said, there is very good reasons to protect offensive or unpopular speech. During the 1950’s, minority groups didn’t haveRead MoreHistory of Transgender9448 Words   |  38 Pagesand the complete invert (transsexual). The last category suffering from seeliches transsexualismus (Hirshfeld 1912). Part II describes the second fifty years of psychiatry (1910-1960), when psychoanalysis turned the table between gender and sexuality. To Freud gender was a simple matter of genital fact, and transgender practice (like cross-dressing or expressing transsexual longing) a mere denial of homosexuality. Transgender operations came to a standstill. Part III shows how, after the absolute

Leadership Style An Effective Leader - 861 Words

Leadership Style An effective leader has many factors that enable them to be successful. Some of the key characteristics of an effective leader are passion, charisma, dependability, problem solver, communication skills, and multi-tasking abilities. Marquis and Huston (2015) describe four types of leadership styles; autocratic, democratic, laissez-faire, and bureaucratic. The autocratic leadership style deals more with acquiring control and accomplishing tasks rather than relationships (Marquis Huston, 2015). This type of leader generally makes independent decisions and uses force to implement power. Democratic leadership differs by having human relations and teamwork as the main focus (Marquis Huston (2015). This leadership welcomes open and two-way communication. Laissez-faire leadership has minimal established policies abstains leading (Marquis Huston, 2015). The bureaucratic style leans on established rules and policies and lacks security (Marquis Huston, 2015). Most of the time, the rules are inflexible and the relationship with staff is impersonal. An effective leader can recognize the needs of the organization and foster that leadership style. W.C. recognizes fairness, consistent decisions, listening ability, and knowledge of the field as key qualities in a leader. She believes she has a combination of democratic and bureaucratic leadership styles. Her bureaucratic style promotes corporate policies and mandated regulatory compliance. Part of the qualities of aShow MoreRelatedThe Relationship Between Emotional Intelligence And Leadership Style That Differentiate Effective Leaders9113 Words   |  37 PagesThe purpose of this quantitative correlation study is to examine the degree and extent of a relationship between emotional intelligence and leadership style that differentiate effective leaders. A brief review of the literature was conducted using the following resources, Northcentral University Library (NCU Roadrunner), Google Scholar, Galileo, and ProQuest. Sever al searches included peer-reviewed publications and academic journals such as the International Journal of Business Management, JournalRead MoreWhat Makes A Good Leader?1338 Words   |  6 PagesAnalysis of Leadership Theories The topic of leadership and what makes a good leader has been studied for many years and has resulted in various leadership theories. Early leadership theories focused on the qualities or characteristic that leaders possessed while subsequent theories considered other variables such as the leader’s behavior and situations. Each theory has its advantages and disadvantages. In this report, I will provide a detailed analysis of the Trait, Contingency, Behavioral andRead MoreEffective Leadership Styles Within The Workplace1584 Words   |  7 PagesEffective leadership styles Abstract An effective leader influences their employees in a desired manner to achieve goals and objectives. Different leadership styles can affect an organization’s effectiveness and performance. The objective of this paper is to analyze the review of literature on various leadership styles over the past years and how effective and ineffective different leadership styles are in the workplace. Introduction A leader is defined as a person with responsibility to influenceRead MoreContingency Leadership Theories and Effective Leadership800 Words   |  4 PagesContingency Leadership Theories and Effective Leadership Contingency leadership theories attempt to define leadership style, the situation, and answer the if-then contingencies. Situational leadership theory is a contingency theory that focuses on followers’ readiness: the extent to which people have the ability and willingness to accomplish a specific task. Path-goal theory states that it is the leader’s job to assist followers in attaining their goals and to provide direction or support neededRead MoreLeadership Theories Of Leadership And Leadership Essay771 Words   |  4 PagesLeadership is important because it helps followers reach a common goal. There have been several studies based on effective leadership. The definition of leadership has evolved over the years adapting to the different views of the world. Leaders have influence on their followers they are looked up to. Being a leader means there will be interaction with different behaviors and personalities. Effective leaders sometimes have to adjust their style approach by the situation they are in. Every followersRead MoreLeadership Theories And Concepts Of Leadership1712 Words   |  7 Pagessubject of effective leadership. The review of the literature indicates that there are a number of elements which impact effective leadership. In an organization, when these elements are implemented, they contribute negatively or positively to the delivery of the organizational goals and directives. Subsequently we must first start with analyzing all relative theories and concepts of leadership. Interest in leadership increased during the early part of the twentieth century. Early leadership theoriesRead MoreAnalysis Of Hersey s Life Cycle Theory Of Leadership 1073 Words   |  5 PagesHersey-Blanchard as a style adopted by successful leaders who change their leadership style depending on the situation, the task in hand and the team s age, experience and the capability of the leader. †¢ This is a flexible approach which can motivate and inspire future leaders (Goleman, 2000). †¢ Adaptability is the key factor to success when using a situational approach. (Spahr, 2015). †¢ â€Å"by constantly using situational leadership proven model and powerful techniques, leaders can develop and retainRead MoreLeadership Style That Changed Over The Years1716 Words   |  7 PagesLeadership is often an ambiguous term used to describe those individuals who are managing people and processes. There are as many styles of leadership as there are industries who utilize them. Most often, the culture of an industry creates a particular type of leader or manager, and individuals who wish to become leaders must change their style to reflect that of the culture. However, I believe that everyone has a leadership style that reflects who they are, and if provided the opportunity to utilizeRead MoreLeadership Style And Connector Style1290 Words   |  6 Pages0 Introduction Leadership style as wings of leaders, chose the suitable way to lead the team, can get a multiplier effect. No single leadership style can be called good or bad, different situations need different leadership style. Only leaders combine them personal ability with situation, can lead the team to achieve higher goals (Darling Leffel). This essay will argue that according to Darling and Leffel, Angela Ahrendts’ leadership styles are Creator style and Connector style. Ahrendts set aRead MoreLeadeship Styles and Theories1659 Words   |  7 PagesLeadership Styles and Theories Introduction Leadership effectiveness is always challenging for any organizational leader. Especially with the fast paced global market that is constantly changing and requiring the organization and its leaders to adapt quickly in order to remain effective. Therefore, developing the right style becomes an important role in the ability and the effectiveness of a leader and his team. Knowing the different leadership styles, will enable leaders to choose the right

Accounting for Strategic Management and Control †MyAssignmenthelp.com

Question: Discuss about the Accounting for Strategic Management and Control. Answer: Introduction The report considers the explanation of the Balance Scorecard Approach and the manner of conduct within a business organization. FC High Tech Manufacturer (FCH) is a company leading in the sale of hand phones and manufactures the consumer and industrial goods. It also takes care of that enterprise manufacturing solutions are being provided towards the businesses which aspire to start their own manufacturing facilities. The company has been undertaking the operations of the three segments in a traditional manner and has no motive or vision to undertake the new approaches. There had been a recession situation in the company that has impacted the confidence of the financial markets. There has been a situation where the board of directors had performed an assessment of the situation and concurred that shareholders will be very unwilling to provide additional capital injection, unless the company can justify its request for fresh equity from its shareholders. The same has been discussed in the report below. The report will further take into consideration the conclusion after the implementation of the Balance Scorecard approach in the company. The report will further elaborate the prospective difficulties to be faced by the company in the near future due to the choice of the measures undertaken by the management (Bhasin, 2012). Existing Scenario The company is maintaining the measures such as ROI, EBITDA and Revenue growth tend to motivate managers to focus on short-term returns instead of looking at the long-term goal of maximizing shareholders' wealth. The Return on Income, Earnings before interest and taxes and the growth in revenue will increase the overall efficiency of the company. However, the simple growth in the revenue will not create a stable position and situation for the company as the same will only lead to a growth in the short term goals and objectives of a company. For a company to be effective and stabilized for brighter future, the company needs to attain a position of high stability. The Balance Score approach is the one that undertakes all the efficient features that leads to a strong and effective organization and the same is discussed as under. Significance of the Balanced Score Card Approach The Balance Score card approach of financial analysis takes into account the following considerations: Financial, Customer, Internal Process and the Learning and growth innovations The same is elaborated as under: Financial The segment of the balance score card takes on the financial performances taking place within the organization. The main objective includes the undertaking of the operations and functions that will not let the shareholders to sacrifice their interests. The stakeholders include the environment, government and community etc. Customer The segment of the balance score card takes on the satisfaction of the customers and their attitudes towards the organization and goals of the market. The elements covered by the customers include the acquisition, retention, and profitability, share of the market and the satisfaction of the customers. The maintenance of the following must be done i.e. Quality, Price, Brand, Availability and Services. Internal process The segment of the balance score card takes on the entire coverage of the goals of the internal business. It will have an overview of the internal procedures and processes occurring within the company to have a better development of the company. The major themes include the operations and the customers management process, innovation and social and the regulatory processes. Learning and growth innovation The segment of the balance score card takes on the human and organizational capital along with the training and other systems undertake for the innovation and growth of the entire department. The trainers of the company consider the instilling of the growth and development within the organization (Fiege, 2012). The company must have capabilities related with the human capital, information capital and organization capital. The company and the growth and development will have a major dependency on the actions undertaken by the company. The growth and development of the company will improve with the implementation of strong and significant perspectives that is given above. The growth is mainly dependent on the above perspectives like the improvement in the processes internally and the learning growth and innovation processes. The above processes will lead in the effectiveness of the customers effectiveness and efficiency. The balance scorecard will also help in the following ways: The companys vision will be included in the implementation of the balance score card approach and the same will be identified after proper clarification. The leaders and the management of the company will reach consensus and the changes will affect the performances of the overall company (Flage, 2014). The objectives and the measures under the strategic actions and movement of the company will be communicated and linked that will help in the establishment of effective connectivity with the stakeholders. The same will lead towards the encouragement and refinement in the processes by helping in the promotion of feedbacks received from the stakeholders of the company. The targets are set up and the planning will be done to align the same. The management will take steps to measure and evaluate the desired targets and objectives to link all of them and obtain a large amount of strategic objectives by undertaking numerous measures. The learning and innovation growth of the approach will increase the refinement and growth that will develop and increase the decision making process (Gavurov, 2012). Prospective difficulties that can evolve with the approach There are many issues related with the improper implementation of the balance score card approach and the complexities that the business organizations are likely to face during the implementation of such measures of performances are as below: Ambiguity in the policy and strategy: There are variety of policies and strategies that have a tendency of being highly leveled and they have an approach that has a forward and future looking approach. They even have the risks and threats that are related to the removing and declining of the ability of the translation into the efficient Balance Score card approach in an organization. The effective and the best policy to meet the given situation will require the refinement and revisiting of the policies. The revisiting must be carried with the owners and the management of the organization in order to have a transparency. The direction and the vision of the business organization must be transparent and clear to have an efficient strategy for the overall development of the company (Johnson, 2014). The translation effectiveness will be done after the inclusion of the desired targets and goals of an organization. The targets will be related with the medium, short term and long term targets. It will also include the values of the customers and other segments of the market and customers. Thus, there must be an inclusion of the necessary statements related to the business organization and the horizon of the planning must be in a range within five to ten years in approx. Lack in the defining of the important objectives of the company The strategy and the policy of the company are defined in various manners and the same is related to the organization of the business. A wide range of definitions are reflected with the related mission, vision, goals and other objectives that needs to be communicated to the stakeholders and important management of the business organization. Thus, there must be common language that must explain the requirements of the business organization. The same must be provided with the help of meetings and sessions to have an effective and overall growth of the company (Kaplan, 2012). Complexities evolving in the initial implementation The balance score card is ranged in a wide manner and a variety of criticalities occur within the implementation of such approach. In the initial stages of the implementation there are high possibilities that the management can get lost in the technical and detailed aspects occurring within the present scenario. There are many confusions and difficulties that can arise due to the strategy maps. The strategic themes also further assist the individuals and management to enter into a world of confusions and complexities. The confusions will mostly from the part of the initial levels and stages of the implementation of the balance score card approach (Saunders Cornett, 2014). There must be steps undertaken to solve the complexities and confusions occurring within an organization. The same will be done in a manner that will articulate the use of the approach. The various perspectives of the method of balance score card will be considered by the preparation of the Strategy Map to make the implementation transparent. The sensible and clarity in the picture of the balance score card will be required to be communicated within the business organizations (Ucbasaran et al., 2013). Challenges in the flow of the approach towards the customers The most challenging part is the flow of the implemented policies and strategies among the individuals that will require the engagement of the workforces. The mental and physical strengths will be used and the same will need the mental and physical power and force of the workforces. There will be requirement of the obtaining of the commitment and desired targets of the business organization. The whole approach will turn out to be vague if the individual engagement is not attained or achieved. The non attainment will result in a situation where there will be only the existence of mere records and documents that will be forming part of the period under reporting. Thus, the workforce must be convinced towards the participation in the implementation of the balance score card approach to maintain efficiency (Danaei Hosseini, 2013). Lack in the mechanism of tracking the records There can be scenarios and circumstances that can result in the loss of records of the budgeted and the actual data of the organization. The loss of the track in the mechanism of records can increase in the potential risks and threats of the company. Thus, there must be provision of reminders in small intervals towards the team members to get effectiveness in the implementation of the Balance Score Card. Conclusion Thus, on the basis of the above analysis and evaluation it can be concluded that the Balance Score Card approach is among the most efficient approaches, despite of many potential threats and complexities in the adaptation of the implementation program. The FCH Company must therefore take steps to implement the same by communicating with the employees and other workforces. It will increase the effectiveness and efficiency of the overall company. 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