Balanced Scorecard Presentation
GRADING RUBRIC MUST BE FOLLOWED
Create a 5–10 minute recorded presentation, detailing the results of the balanced scorecard analysis and making recommendations for quality improvement and risk reduction. Your presentation material should be 10–12 slides in length.
***SPEAKER NOTES MUST INCLUDE 5-10 MINS OF SPEAKING MATERIAL***
Questions to Consider:
- What is the overall purpose of using a scorecard?
- How are scorecards typically used in business?
- What positive potential do scorecards add to organizations?
- How would you frame a balanced scorecard for use in health care?
- What are the four key elements of a balanced scorecard?
- What does the term balanced scorecard mean?
- What types of limitations do scorecards have?
- How does Six Sigma differ from a balanced scorecard?
Instructions
PowerPoint Slides
To complete this assessment, you will develop a PowerPoint presentation with 10–12 slides that describes how you would apply a balanced scorecard to your selected organization. Include the following in your PowerPoint presentation:
- A brief description of the organization you selected.
- Your balanced scorecard analysis of the organization, including how vision and strategy connect to the four balanced scorecard elements.
- Four recommendations for the organization.
- At least one APA-formatted in-text citation and accompanying, congruent APA-formatted reference.
Resources:
Balanced Scorecard
- Kaplan, R. S., & Norton, D. P. (1996). Linking the balanced scorecard to strategy. California Management Review, 39(1), 53–79.
Balanced Scorecard
- Behrouzi, F., Shaharoun, A. M., & Ma’aram, A. (2014). Applications of the balanced scorecard for strategic management and performance measurement in the health sector. Australian Health Review, 38(2), 208–217.
- Koumpouros, Y. (2013). Balanced scorecard: Application in the General Panarcadian Hospital of Tripolis, Greece. International Journal of Health Care Quality Assurance, 26(4), 286–307.
The following reading is available full-text in the Capella University Library. Search for each article by clicking the linked title and following the instructions in the Library Guide.
- Kaplan, R. S., & Norton, D. P. (1992). The balanced scorecard: Measures that drive performance. Harvard Business Review, 70(1), 71–79.
Balanced Scorecards
- Balanced Scorecard Institute. (n.d.). Balanced scorecard basics. Retrieved from
This article discusses how managers work with the balanced scorecard.
- Dechow, N. (2012). The balanced scorecard: Subjects, concept and objects – A commentary. Journal of Accounting & Organizational Change, 8(4), 511–527.
This article discusses the importance of balanced scorecard performance systems.
- Chavan, M. (2009). The balanced scorecard: A new challenge. The Journal of Management Development, 28(5), 393–406.
This article chronicles the evolution of BSC performance management framework.
- Norton, D. P. (2008). Strategy execution needs a system. Retrieved from
Expert Solution Preview
Introduction:
In the medical field, it is essential to analyze and evaluate our performance regularly. The balanced scorecard is a useful tool for this purpose. It helps to assess overall performance, target areas that need improvement, and reduce risks.
Answer:
To complete this assignment, students are required to create a 5-10 minute PowerPoint presentation on the balanced scorecard. The presentation should be 10-12 slides long and include speaker notes. The students will need to answer various questions related to the use of the balanced scorecard, including its overall purpose, how it is used in business, and the key elements of a balanced scorecard. The students will also need to detail how they would apply a balanced scorecard to a selected healthcare organization, including a balanced scorecard analysis of the organization, four recommendations, and at least one APA-formatted in-text citation.
In summary, this assignment is an opportunity for medical college students to learn about the balanced scorecard tool and how it can be applied to assess and improve healthcare performance. It encourages students to think critically about the use of the balanced scorecard and develop their analytical and presentation skills.
