Planning, Organizing, Leading and Control (Applied Assignment)
Planning, Organizing, Leading and Control (Applied Assignment)
Course Project Part 5: Controlling You.com
Remember: The project requires you to think of yourself as a private business (YOU.com) for
which you are responsible as the owner/manager.
Academic Objectives
Use the balanced scorecard to assess performance
Excellence System Objectives
To develop DU Excellence System competencies
Critical and Creative Thinking
Purpose
Management control is not about keeping people on a tight leash! Rather control refers to the
measures that management puts in place to monitor how well an organization is doing against
goals that were developed as part of the planning process. A popular measurement tool is the
balanced scorecard. This was developed by Kaplan and Norton as a means of monitoring
performance using a holistic set of measures rather than the more historical short term focus on
just financial performance and profits (albeit those are important). The balanced scorecard is
discussed on pages 363 -364 of the course textbook. It’s important to remember that all
measures are not just used to monitor how the organization is performing but also as a starting
point for future plans. The purpose of this assignment is to adapt a balanced scorecard to assess
your own performance in key management functions.
Description
Adapt a typical balanced scorecard to measure your current skills in the four functions of
management: Planning, Organizing, Leading and Control as the key areas in which you need to
excel to be an effective manager.
Identify the core skills and your objectives for each function and where you would currently
assess your own performance in each of them.
Finally, identify your future targets.
Creating the Scorecard
Adapt this image of a balanced scorecard to create your personal management scorecard. You
can develop your scorecard by hand or using computer software.
Submit either as a jpeg or pdf file via Assignments in the course navigation bar.
Leave a Reply
Want to join the discussion?Feel free to contribute!