Using the traditional model from Kaplan and Norton customize your team company’s BSC modelby identifying and completing ONE objective you will ‘measure’ for each scorecard component.Discuss

On Strategy Implementation – Performance ExcellenceWe discussed at length the idea of Six Sigma as a way to create synergy across the organization, toincrease the probability of mission buy-in as well as the effective alignment of resources, and, mostfundamentally, the production of near perfect output of product and service. Discuss the following indetail:a. Lastly, pertaining to your CEO company, identify the ONE burning issue that is a prime candidatefor continuous improvement – that one thing holding the firm back from implementing good strategy(remember good strategy clearly defines the obstacles from which we must overcome – bad strategydoes not)2. On Strategic Intent and Strategy Implementationa. First, identify your CEO company’s strategic intent, that is, the ambitious stretch targets that gobeyond corporate vision propelling the firm to win. Pull from the readings to support your responseb. Second, identify and discuss the important components of your strategy’s implementation – mainlythe who, what, how:i. Who are the central players/managers who will carry out your strategic recommendations?ii. What must be done – describe the program that is (or needs to be) in place to carry out yourstrategic recommendations?iii. How will everyone work together – what organizational structure will work best and why?3. On Evaluation and ControlReferring to the Balanced Scorecard’s key measurement concepts, illustrate and discuss the following:a. Using the traditional model from Kaplan and Norton customize your team company’s BSC modelby identifying and completing ONE objective you will ‘measure’ for each scorecard component.Discuss in detail.b. Additionally, provide a basic, yet customized, illustrative model of your BSC to complement yourresponse.4. On the Journey –a. And, lastly, why does strategy matter? Be specific and brilliant.i. Consider including the key ‘take-aways’ from the course from the readings, lectures,discussions, team work, etc.