Many organizations develop strategic plans Assignment

Many organizations develop strategic plans - Assignment Example Since then, this system has been effectively utilized for the purpose of translating an organization’s active business strategies along with its broad mission. In addition, the balanced scorecard has also been used in a few of the most critical drivers that drives the future performance of an organization i.e. business processes, capabilities along with resources. These aspects have been fruitful in ascertaining a greater set of outcomes such as meeting the interests of the consumers along with the development and prosperity of organizations. All these facets of balanced scorecard can prove to be beneficial as it authenticates that the numerous private, public along with not-for-profit organizations have accepted and utilized this particular method. It has also been regarded as a part of their overall strategic management approach. Based on this factor, the authenticity along with the wide applicability of the balanced scorecard in relation to the execution of strategy can be determined. It has also been studied that this particular tool is utilized in order to reduce a lot of operational barriers in a highly professional manner (Claude, 2008). In addition, it has also been learnt that the balanced scorecard can be utilized in a very strategic manner as well. ... Over the years, balanced scorecard has provided great aid to numerous organizations along with suppliers for designing and implementing various strategies. All these factors combined together have been responsible for overcoming the vision barrier to a very large extent. In this regard, Kaplan was able to define the increasing rate of barriers that seem to put the operational capacities of various organizations at stake. In this similar regard, he has also explained that through sustained organizational efforts along with optimum utilization of this particular scorecard, a large number of organizational barriers could be averted. In a different context, Norton, Kaplan and others have delivered weightage on the fact that in order to achieve all round success in an organization, the scorecard needs to be utilized in a tricky manner. They explained that in order to create organizational success, clarity in the communication strategy is needed to be maintained at all levels. This results in the formation of effective strategies as well (Claude, 2008; Niven, 2010). Section 2: A. Critique of the Division’s Use of the Balanced Scorecard The balanced scorecard highlighted upon the most important aspects such as increase undergraduate student retention and engagement, develop students as ethical leaders and agents of positive change among others. All these aspect combined together have proved the authenticity of the balanced scorecard. Other aspects such as increased retention and graduation rates for targeted populations and decreased violations of community standards among others validate the division’s use of the Balanced Scorecard.

Preparation for a Performance Review Essay Example | Topics and Well Written Essays - 3750 words

Preparation for a Performance Review - Essay Example I was able to achieve what I planned to do in the next six months regarding growth and stability for achieving a reputable position in the organization as well as developing the skills to work in a team. As a CIPD professional, it is one of the requirements for being an associate member of CIPD that the candidate should have good interpersonal and technical skills. In the past few months, I have been successful in improving my interpersonal and technical skills. Important Points for Future Now I need to make another plan of how to go about next six months and then make sure that my new plans are accomplished. My invitation for having a meeting was not accepted by two executives that I emailed, and now I need to send the initiation to more people or maybe I can use references to have an interview with an executive. I planned to conduct an interview to know about how employees work and behave in a professional working environment as well. From this interview, I wanted to do a gap analy sis and identify the areas for improvements in my personality. I have been successful in improving my communication skills as well as ability to work in teams and lead the team. Therefore the past few months have been exceptional in terms of improving my ability. However, it is critical for me to identify important points that I need to learn in future. For this, I will conduct a SWOT analysis of my personality and then will prepare another PDP for the development of next 12 months. Using SWOT analysis, I will be able to identify my weaknesses and strengths as well as the opportunities that I have along with the threats. SWOT Analysis Strengths To gel with other team members Effective team player Can... The module has helped me to know about the importance of CIPD and associated members of CIPD. This module has been useful in making me learn about the personal development. I have learned that it is a continuous process and the person has to continuously learn about developing the skills to become a successful professional. I learned that it is important to first identify, plan, take actions and then review these actions in order to consciously improve and become a successful professional. Therefore a person has to keep on improving and evaluating his skills and actions so that he can become a qualified person. Moreover, I prepared some SMART objectives in the module so that at the end of the module, I would be able to learn and develop my skills. The first part of the module also helped me in analyzing my personality, my strengths, and my weaknesses. By analyzing my own strengths and weaknesses, I was able to analyze what I need to learn in the next few months.