Balance score card approach analysis.

Added on - 08 Nov 2019

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RUNNING Head: Balance score card approach analysis1Balance score card approach analysis
Balance score card approach analysis2Table of ContentsTask-1....................................................................................................................................................3Balance score card approach of Luxe Fashion Retail Limited................................................................3Development of KPI in balance score card of Luxe Fashion Retail Limited............................................4Task-2....................................................................................................................................................7Implementation of balance Score card approach at the store level......................................................7Internal prospective measure and KPI...................................................................................................8Linking LFR strategies with KPI..............................................................................................................8References...........................................................................................................................................10
Balance score card approach analysis3Task-1This report reflects the case study on Luxe Fashion Retail Limited. It is an Australianlisted company which has been running its business since very long time. It has vision tobecome leading retailers of luxury goods in Australia and New Zealand (Rabbani, et al.2014).Balance score card approach of Luxe Fashion RetailLimitedLearning and growth perspectiveLuxe Fashion Retail Limited wants toincrease its overall market share in domesticand international level. This could be doneby entering into strategic alliance with otherorganizations. Strategic alliance includessuch as merger, Amalgamation, acquisitionsstrategies by Luxe Fashion Retail Limitedwith other target organization.Process perspectiveIt is evaluated that Luxe Fashion RetailLimited has been planning to customize itsproducts and services. However, with aview to increase the overall productivitycompany should plan to install cybercomputing enterprises resources planningmethod. This will increase the overalleffectiveness of organization.
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