Assignment on Balance Scorecard


Added on  2019-09-18

8 Pages1158 Words429 Views
BALANCE SCORE CARD[Document subtitle]

1IntroductionThe organizations have distinct goals and strategies in order to achieve them. But, the organization has to use the different technique for the management of the business like the balance score card. The organization requires balance score card in order to maximize the profitability and achieve the sustainable competitive advantage. Further, it can solve the regular operational issues of the business. Moreover, the company is being taken, and the balance score card is made along with the strategy mapping in order to understand the concept of balance scorecard in depth and know the operations of the company. Company Overview AGL is among the oldest companies in Australia. The company was established in 1837. The company was founded as the gas light company of Australia and in the year 2006, it was renamed as the AGL. Today, AGL is the leading incorporated company of energy and the largestowner according to the list of the ASX. The company is the developed and the operator of the generation of renewable energy of Australia. The company is ranked as 30 among the top 2000 companies in Australia. The organization aims to offer services of solar, gas, electricity and the renewable energy to the customers. AGL is defined as the major retailer of electricity in Australia, and the company is also the distributer and retailer, but the AGL's majority of income is being produced from the supply of electricity in the industry of Australia ("AGL | Electricity Providers | Gas Suppliers | Solar Energy", 2016).While the organization is offering affordable and secure energy services to the customers, the company has the great responsibility in order to minimize the emissions of the greenhouse gas. Apart from this, the company has the distinct portfolio for the generation of the power which comprises base, intermediate and peaking generation plants that spread across the traditional

2generation of the thermal similar to the renewable sources. The AGL energy operates within foursegments of the business that includes merchant energy, retail energy, energy investment and the upstream gas.Balance Scorecard of the Company MissionThe mission of the AGL Energy Limited is to the nexus on providing the integrated, innovative and new offerings in order to meet the requirements of the customers which are changing with time ("Sustainability Report 2014", 2016).VisionThe vision of the company is to create the solutions of the energy for both the future and present communities. It is very obvious to have the right people with the correct skills in order to gain the success for the company.ObjectivesThe company aims to offer the innovative and creative products and services to the clients as they act as the core of the AGL Energy Limited. Further, the company has the huge responsibility in order to minimize the emissions of the gas while offering affordable and secure energy to the clients.TargetThe target of the company is to maximize the women representation in the leadership pipeline of AGL. Therefore, this is the more challenging target for the company.Initiatives

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