Genesis Executive Summary Presentation

Genesis Executive Summary Presentation Order Description attaching as much information to make this assignment clear on the expectations. The 1st assignment is complete, but I am including it to ensure all the information is available. This 1st part is the assingment 1 that is needed to complete the power point presentation. Assignment 1: Discussion�Performance Measurements Both the Genesis Energy and Sensible Essentials teams believe that the client engagement was very successful. All the critical learning tools were fully explored. However, the operations management team believes there were several topics that were not covered but are important to their respective disciplines. These topics centered primarily on selecting/developing meaningful and rational measurements of performance as they relate to measuring the success of the company�s expansion strategy. The financial indicators are important, but the team is also concerned about more forward-looking measures that might reflect product quality, customer satisfaction, internal process efficiency, performance, and perhaps, other strategic indicators. Based on your understanding of the concepts covered in this course, address the following: Develop and describe a strategic measurement �scorecard� that incorporates the financial measures applied in this course. Consider the prospect of new equity owners and explain why this is important. Describe the non-financial measures that should be considered and are important to the success of an organization. Explain why these measures should also be considered in the strategic initiatives of the organization. This is the work that was completed for that assignment: A scorecard is a management and planning system that is used to align all business activities to the organization mission. Most of the vague things in the organization are usually translated using a score card. In an attempt to develop a scorecard one must look into the organization mission statement and vision. Besides the score card also looks into the finance position of the organization, structure of the organization, employee expertise level and level of customer satisfaction. Any balanced scorecard has got four main perspectives which include finance, customer, internal business process and growth and learning (Makhijani & Creelman, 2011). A balanced scorecard should result in the following improved process, monitored progress, customer satisfaction, motivated employees, good information systems and good finance usage. Scorecards allow most of the organization to trace their financial results. On the other hand, new equity owner refers to the subtraction of business assets and liabilities and debts (equity=assets- liabilities). Owners� equity is one of the main component sole proprietorship and accounting equation. Owner's equity is imperative as it enables owners to determine the value or worthiness of the business (Makhijani & Creelman, 2011). Example of a score card in an organization Some of the nonfinancial measures are used to evaluate performance in any business. They include customer complaints, on-time performance, customer retention ratio, and satisfaction index. These measures provide a very close link between organization strategies which are long term. Helps to communicate objective and then provide the incentive to managers. They are the best indicator of the future financial performance of any given organization. Finally, it helps in providing information about the managerial action in any organization. Thus nonfinancial measures are very significant to the success of any organization. Cost, time and lack of common denominator are the major drawbacks facing nonfinancial measures (Makhijani & Creelman, 2011). References Makhijani, N. & Creelman, J. (2011). Creating a balanced scorecard for a financial services organization. Singapore: John Wiley & Sons (Asia). This is the actual assignment for the power point: Part II�Executive Summary Presentation Because of limited resources in an era of plentiful opportunities, companies must carefully select investments. You analyzed Genesis Energy�s expansion plans and explained your findings in M5: Assignment 1. This assignment is based on those findings. In this assignment, you will create a PowerPoint presentation that will include the following information: An executive summary of your findings from M5: Assignment 1. Be sure to adhere to the following: The presentation should be approximately 6�8 minutes (or 10�12 slides). A statement of the problem or topic is included. A concise analysis of the findings is included. Specific details from M5: Assignment 1 to highlight or support the summary are incorporated. Develop a 10�12-slide presentation in PowerPoint format. Apply APA standards to citation of sources. Use the following file naming convention: If this is confusing please ask, and I will provide any other information. I currently am on the border line of passing this class, and I need to have a great score on this.