sanjay Develop a Balanced Scorecard for DBS Banka. For each of the perspectives, suggest two to three strategic objectives and describe howthe suggested strategic objectives will help your chosen organization achieve its mission and vision.b. Draw a strategy map and describe the cause-and-effect relationships between the strategic objectives in your suggested balancedscorecard.c. You need to incorporate social and environmental responsibility into your balanced scorecard.d. For each strategic objective, suggest two measures you would recommend in the balanced scorecard. Explain the reason why you have suggested those measures andhow the measures can assess progress toward meeting objectives.e. How would your Balanced Scorecard create value for your company? Discuss in relation to your company's industry and competitive position.

DBS Bank, formerly known as Development Bank of Singapore Limited, is an international banking and…

Answered: Develop a Balanced Scorecard for DBS…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Allianz Italy, 7-Eleven, Wells Fargo Bank, Ford Motor Company, Verizon, ExxonMobil, Pfizer, DuPont, Royal Canadian Mounted Police, and U.S. Army Medical are examples of companies that have adopted the balanced scorecard in order to balance the pursuit of good bottom-line profit against the pursuit of nonprofit objectives (although achieving profitability targets is nearly always given greater emphasis). ○ set both financial and strategic objectives and put balanced emphasis on their achievement. put equal emphasis on the achievement of financial objectives, strategic objectives, and social responsibility objectives. preclude the drive for achieving financial objectives from weakening the attention paid to social responsibility, community citizenship, and other worthy goals. O prevent the pursuit of strategic objectives from dominating the pursuit of financial objectives.
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Develop a Balanced Scorecard for DBS Bank a. For each of the perspectives, suggest two to three strategic objectives and describe how the suggested strategic objectives will help your chosen organization achieve its mission and vision.