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Scorecard Essay Topics & Paper Examples

Peer Review Analysis

Team A reviewed the papers of Crystal Thomas and Valerie Sanchez for our final team review. The previous two reviews provided the team members being evaluated with constructive criticism and acknowledgements of their success. The review process also provided the team members giving the reviews with insights into how to improve their assignments. This final review will accomplish the same goals. Crystal Thomas Crystal’s paper was well written, and she did an excellent job explaining the importance of using a balanced scorecard. The team feels that the paper should include the balanced scorecard to provide the reader with a concrete plan and additional information on the company itself. Crystal supplied an outstanding communication plan that was well thought out, and…

Business Strategy and the Importance of Data-Driven Decision Making

Good decision making is arguably the most important skill a successful manager can possess, but the ability to make intelligent decisions on an on-going basis requires not only intuition and experience, but also the right data. In fact, Garrison, Noreen, and Brewer (2012) identify intelligent, data-driven decision making as a business leader’s most basic managerial skill. That basic skill plays a critical role in helping a manager formulate and execute a successful business strategy. Manager’s need access to relevant historical data and projections to make intelligent, fact based decisions. The use of business intelligence and analytics has become the cornerstone of strategy formulation and execution across corporations around the globe. Access to relevant data is a necessity in not only…