After reading through the strategic objectives section of Strategic Management Principles and Practices (Witcher & Chau, 2014) I was able to conduct a balance scorecard on the basis of my companies overall company strategy. A strategy map however which goes in line with this I found a little more complicated however after watching the video below on YouTube I found this really helpful. It explained the process in a quick as simple manner.
So now that I have my balance scorecard in place I am feeling much more confident moving forward. I feel this element has made the process a little easier to handle as I was feeling overwhelmed with information in the beginning, however this has broken the areas down for me to focus on for setting my SMART objectives for the company.
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