05 Jun Question How might focusing on t
Question
How might focusing on the four perspectives of the balanced scorecard benefit an organization? Give examples.
• Why and how does the balanced score card shift the focus from control to strategy and vision?
• How effective can a balanced scorecard actually be if net profit remains the ‘bottom line’ standard for evaluating business performance?
• If a SWOT analysis reveals that an objective is unattainable, apart from changing the objective, what other changes might make the goal attainable?
• Discuss the limitations of SWOT presented in the textbook. How serious are these limitations in the practical application of SWOT analyses? · What is your experience in dealing with SWOT analyses? In what ways they useful and effective? In what ways not?
•To what extent is the Hamel & Prahalad article a restatement and development of the Resource Based Theory (Grant) and to what extent is it a new and/or independent theory of strategy?
•To what extent is the Hamel & Prahalad article a development of Porter’s “What is Strategy?” article and to what extent does it represent an independent approach?
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