Defining the Corporate Strategy
From Virbus
Now that you have a business idea you should clarify the future goals and activities of your business from different points of view.
With the help of the Balanced Scorecard tool, you define your vision and derive the corporate business strategy for your proposed restaurant. Then you should think about breaking this overall goal down into four different perspectives incorporated in the Balanced Scorecard: financial, customer, internal process and resources.
However, before you can move on you have to pass a quiz and proove that you have the knowledge that is needed to continue. You find the quiz here http://www.virbusgame.eu/quiz/p2round2.php
Please go now to the Business Planning tool worksheet "Balanced Scorecard" and write down your strategic plan.
If you are not familiar with the principle of this tool, please read the theory topic about Balanced Scorecard.
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