How does an organization gauge whether strategic changes are creating sound business results?

How does an organization gauge whether strategic changes are creating sound business results?
To create a balanced scorecard, a nurse executive will identify performance metrics and an evaluation plan in four major, interrelated areas: finances, customer/stakeholder satisfaction, internal business practices, and plans for future learning and growth. The effective use of a balanced scorecard can facilitate alignment between strategic initiatives and day-to-day operations. Overall success of the change of a strategic plan relies on success in all four important dimensions.
As preparation for Section 6 of your Strategic Plan, in this Discussion, you examine the use of a balanced scorecard to gather data and measure performance related to your planned change.
To prepare:
Review the information in the Learning Resources, including this week’s media presentation, focusing on the development of performance metrics for a strategic plan.
With your Strategic Plan in mind, think about how you would develop a balanced scorecard to measure performance, including the processes you would use to gather appropriate data.
Consider how the use of a balanced scorecard reflects the importance of being able to evaluate progress, assess the impact of planned change on performance, and determine if the costs are justified in terms of the outcomes.
By Day 3
Post an explanation of your plan for creating a balanced scorecard for your Strategic Plan, including the processes you would use to gather data to measure performance. Explain how the use of this balanced scorecard will enable you to evaluate progress, assess the impact of your proposed change, and determine if the costs are justified in terms of the outcomes.
**THIS DISCUSSION SHOULD BE ABOUT THE ATTACHMENT***

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.