Creating PepsiCo Balanced Performance
Subject > Businesss Research Papers > Accounting
Executive Summary of the board PepsiCo has had consistently positive financial results in a very competitive and price sensitive marketplace. We believe that the company is well positioned to continue to meet its sales and revenue targets while maintaining profit margin. However, we think that in order to remain ahead of our competitors, our investment looking forward needs to be in our greatest asset, our employees. The introduction and roll out of the balanced scorecard method to create an individually responsive and responsible organization that exceeds our upcoming aggressive performance targets. The balanced scorecard is a tool that we believe will align individual objectives with business objectives to ensure the continued success of PepsiCo. The ...
... will provide management and human resources with additional data to better determine the success and contribution of employees to the overall corporate mission. We recommend any stock options, bonuses, raises, or other rewards be directly tied to the success of the individuals balanced scorecard.
Issues requiring further study: In terms of issues requiring further study, we note a few items to be aware of that could influence the success of the balanced scorecard. Management will need to roll this out and get everyone to understand and see the benefit of managing performance this way. In addition, management especially will need to resist creating simply performance numbers, as then the company will merely be managing to initiatives,
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