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Assignment of balance score card
Balance scorecard application
Balance scorecard application
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For Coyote Community College to have a higher level of performance in their activities, it requires a balance score card which function is to focus on the company’s strategy into measure towards the vision of the organization. According to Schneiderman; there are four perspectives of the balance score card:
1. Funder/Financial Perspective:
- Postsecondary education and learning opportunities
- Affordable education
- Programs offering by the college can be transfer to a four year university
- 60 percent of CCC are enroll in at least one remedial course, 75 percent of students attend part time, there 280 full time faculty, 830 part time, 40 administrators, 150 support staff
- Funding for programs and spending over $50,000
- Last 8 years the college has an increasing of students enrolling
2.
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Student/Participant Perspective: - Accessible education with a main campus and two branch campus - Programs are designed to meet a variety of academic careers and personal educational goals - The college offers a diploma, degree or certificate, and occupational programs, - Services available to students like academic counseling and financial aid, - Online courses - Internships 3. Internal Perspective: - Two years community college - High quality education - Private foundation for private contributions - Coyote is accredited by the North Central Association of Colleges and Schools - Flexibility in scheduling - High value at low cost 4.
Innovation and Resources Perspective:
- Innovative teaching methods and delivery systems
- Coyote’s body members provide continuous evaluation and assessment to ensure achieving the purposes of the mission
- Developing online and video programs
- Coyote’s growing, individualized
- Technology-based delivery of educational programs which is targeted to employed adult students with needs for specific skill development
- New technology into traditional classrooms
- Technology mediation
- Distance learning methods
2. How would they be measured?
The perspectives can be measured by the Baldridge Criteria for Performance Excellence. According to the textbook, Managing for Quality and Performance Excellence; there are five types of measures:
•Product and process outcomes: products and services performance related to customer satisfaction.
•Customer-focused outcomes: measures and indicators of process effectiveness, and performance. Like production costs, and market improvement, customer satisfaction and dissatisfaction, customer retention and
loyalty. •Workforce-focused outcomes: refers to the work environment and workforce, employee satisfaction and effectiveness. •Leadership and governance outcomes: high standards of conducts and ethics, and goal success in achieving the company’s objective. •Financial and market outcomes: the overall organization performance; like revenue, return of investment and equity.
Metrics are very important in Operations Management within an organization because it provides functions such as control, reporting, communication, opportunities for improvement and expectations. It is a certifiable measure stated in either quantitative or qualitative terms types of measurements. In addition, metrics has different types of categories in the organizations. One of which is “Organizational Focus”, that have four different types of level within the organization or firm. 1. Organizational Metrics – this type of measure, capture and describe the performance of an organization (i.e.…market share and rate of return). 2. Product Metric – it measures cost per unit, contribution margin per unit, or growth in sales.
The California Community Colleges (CCC) system is composed of 108 colleges organized into 72 districts that serve more than 1.4 million students statewide. Under the direction of the CCC board of governors, the Chancellor’s Office provides statewide guidance and leadership to the community colleges. In addition, the voters in each district elect a board of trustees charged with developing local policies that govern the day-to-day operations at the district’s colleges, including overseeing the compensation of teaching faculty and other employees. For the fall 1999 semester, the districts reported to the Chancellor’s Office a total population of 41,754 teaching faculty, of which 28,180 (67 percent) were classified as part-time and 13,574 (33
Customer satisfaction is what makes a customer come back again for another experience. The customers know the kind of treatment they are going to receive before they enter the store.
For the past few decades, receiving a college education has been a stressed importance in today’s society. However it is often misunderstood that attending a 4-year school is the best and only way to go. Following this belief, many students attend these schools with out being academically, financially, or mentally prepared. Unfortunately students like this have failed to over look the more realistic options available to them, such as community college. Junior college is a resource available to anyone regardless of his or her previous academic performance. The variety of courses and the inexpensive tuition gives students flexibility to explore the many options presented to them. Though Universities hold more prestige, community colleges provide endless opportunities for students who aren’t fully prepared for a 4-year education
Mount San Antonio College is a community college located in Los Angeles, County California. It has an enrollment size of 37,364 students and 12,597 full-time students (About us, 2016). Fifty-three percent of the Mt. SAC is female and 44% percent are male. With regards to demographics, 53% are Hispanic, 17.9% Asian, 13% Caucasian/Non-Hispanic, 4.2% African-American, 3.4% Filipino, 2.3% Multiethnic, and 0.2% percent are American Indian/Alaskan/Native. Lastly, with regards, to financial aid, 72% percent its student receives some form a financial aid.
Williams, P. & Naumann, E. 2011, "Customer satisfaction and business performance: a firm-level analysis", The Journal of Services Marketing, vol. 25, no. 1, pp. 20-32.
The Baldrige criteria provide a structured approach to achieve performance excellence and an ideal set of performance and quality criteria toward which an organization should continuously strive. The criteria are used to help organizations assess their improvement efforts and to diagnose their overall performance management system (Byrne, 2003). The Baldrige criteria address seven major categories, each with sub-criteria and allocated points. In the Business Criteria for Performance Excellence, these categories are: 1.
Clark, Kim. “Community College: How to Avoid ‘dropout factories.’” Cable News Network, 07 June. 2012. Web. 7 Nov 2013.
Soman,D & Marand, S (2009). Managing Customer Value: One Stage at a Time.: World Scientific Publishing. p9-14.
Although Harvey Mudd is not the only school that does not offer in or out-of-state tuition, Montana does, including the most chosen school in the state, Montana State University. For 2016-2017 undergraduate as a Montana resident, the tuition total which includes their standard in-state tuition fee, dorm room, and books/supplies, the total per semester is approximately $8,545. On the other hand, attending Montana State University as a non Montana resident includes a higher flat tuition price with a total of $16,695 per semester (‘Expenses’). With a list of fees, Montana State University, includes every situation one could ever be involved to be required pay a certain fee. Whether that fee be a freshman fee, a transfer fee, graduate fee,
High levels of customer satisfaction will not guarantee future sales, but are more likely to result in repeat future sales than indifferent or poor customer service. Moreover, satisfied customers are more likely to try out other products/services in the firm’s range, or recommend it to friends and family. Build on customer loyalty Customer loyalty is valued highly by most businesses and can be
Not only can adults learn content through technology, they can also learn about technology itself (Merriam ad Brockett 1997) and develop the skills to use it competently. An example of the technology as curriculum approach is the course, "Exploring the Internet." Offered by the Georgia Center for Continuing Education, the 10-hour, noncredit evening course is designed to provide adults with the concepts and skills for using Internet applications such as e-mail and the Web (Cahoon 1998). The benefits of this approach include the opportunity to address each aspect of the technology in a clear, structured manner; little or no distraction from peripheral learning issues or goals beyond those of learning the technology; and efficiency in acquiring a discrete set of technology skills that can be applied in different settings. The major limitation of the approach is the narrow focus on the technology and the skills to use it. When technology skills are acquired in an isolated environment, they may not be easily transferred and applied by the learner in meaningful ways. In addition, if the learner lacks an opportunity for practice, the skills may deteriorate (Ginsburg 1998).
Superior customer value: strategies for winning and retaining customers (3rd ed.). Boca Raton, FL: CRC Press.
Posner (2004, p. 36) discusses the importance of understanding the situational factors that lead to the development of a particular curriculum. This curriculum has been created as a response to the problem of technology skills and resources being typically isolated as a separate curriculum, rather than being integrated into the broader curricular areas. This leads to curricula that are often devoid of 21st century skills needed by students to ensure future success (Partnership for 21st Century Skills, 2004). The goal of the curriculum, therefore, is to focus on specific technology skills that can be readily integrated into other curricular areas without sacrificing critical objectives within those curricula and, in fact, enhancing the relevance and levels of engagement in those areas.
Customer success isn’t a lonely department. It should be engrained in every employee’s position. Work with your entire team to fully engage your customers and to add more value at every stage of the buyer’s journey.