For many years, Tesco (https://www.tescoplc.com/investors/) used a balanced scorecard called the Steering Wheel to measure and manage the performance of the organisation. However, in 2013 Tesco reported a 23.5% fall in half-year profits:
For many years, Tesco (https://www.tescoplc.com/investors/) used a balanced scorecard called the Steering Wheel to measure and manage the performance of the organisation. However, in 2013 Tesco reported a 23.5% fall in half-year profits:http://www.bbc.co.uk/news/business-24361465Subsequently, Tesco has stopped using the Steering Wheel and now uses a “Big 6 KPIs” strategy. Discuss why Tesco may have switched their … Read more