Assignment Grading Course: Name Strategy Map For Domestic Auto Parts Your Name Professor's Name (Optional) University
Assignment Grading Course: Name Strategy Map For Domestic Auto Parts Your Name Professor's Name (Optional) University
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Strategy Map for domestic Auto parts
The strategy map for any company includes the following factors to be kept in consideration:
contribute for the betterment of the company. This represents the long time objective of
any organization for sustaining in the market and thus takes into account the tangible
outcomes according to the traditional financial terms. The primary objectives of financial
perspectives are to increase the return on the amount of capital employed, reduce the unit
2. Customer’s perspective: This defines the value proposition that can be used by the
organization for satisfying the customers and enhances the sales by gaining the attention
of increased number of customers. The measures that are considered from the customer’s
perspective must undertake both the value which is delivered to the customer that
involves time, quality service, performance and cost and the outcomes that is achieved as
a result of value proposition. The primary factors of customer perspective are operational
3. Internal perspective: The internal perspective is solely focused on the key factors that
are required for the company to make progress for coping up with the demands of the
4. Learning and growth perspectives: This focuses on the intangible assets present within
an organization that mainly depends on the efficiency and capabilities of the employees
that are required for supporting the value created by internal processes. The objectives of
growth perspective of a an auto parts company is to focus on-the man power required
The key performance indicators of a domestic auto parts company are as follows:
1. Cost of sale and variations: the overall cost of sales determines the amount that must be
invested by the company to gain the returns. This is one of the important performance
indicator because the more return achieved by the company from their investments the
have experienced and qualified professionals to enhance the quality of work and attain
innovative technologies.
the fact that it provides the estimation of gross turn which is actually the ratio of
inventory to sales. This provides a clear picture for the company regarding the financial
condition.
4. Level of service: The level of service depicted by the company to its customers will help
in estimating how successful the company has been in satisfying the customers. The
service offered by an auto parts trading company must be top notch both in discovering
Kaplan, Robert S and David P. Norton. (2011). 'The Strategy Map: Guide to Aligning Intangible
Assets'. Strategy & Leadership