Case Study: Balanced Scorecard

1063 Words3 Pages

Balanced Scorecard The mission of Father and Son Lawn Services is to provide quality lawn service to its customers at a reasonable cost and harvesting a personal relationship by considering economical factors which of each of our customers. Father and Son Lawn Service promises their customers to charge each of their customers the lowest possible price for lawn care without compromising the quality of work. This will be done by matching other similar company’s prices for lawn care. A thorough and complete SWOTT analysis has been completed and reviewed by the owner and also an independent contractor to ensure the accuracy of the report. After our SWOTT analysis was completed and approved by the owner is determined that some instrument or document should be used to evaluate the effectiveness and accuracy of our SWOTT analysis. The tool chosen to evaluate our SWOTT analysis is commonly known as the Balanced Scorecard. The balanced scorecard is a strategic planning and management tool that is used extensively in businesses to align business activities to the vision and strategy of the organization performance, improve internal and external communications, and monitor organization performance against strategic goals. …show more content…

This includes many area such as overhead cost, how much money is on hand and if we have to borrow, how much. We must also consider our person financial situation since we are a family owned business. While Father and Son had the money up front to start their business we had to determine if necessary how much money would a bank be willing to loan the business if something out of the ordinary or some unforeseen circumstances were to occur. We hear at Father and Son has good understanding of our financial weaknesses and

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