This week’s topics
Internal Environmental Measurement and Assessment
- VRIO framework
- Logistics balanced scorecard
- Core competency analysis
- Warehouse productivity metrics
- VRIO Framework EXPLAINED | B2U | Business To You
- Balanced Scorecard (With A Step-by-Step Example) | From A Business Professor
What you will be able to do
- 3.3 Apply a technique to quantify a logistic business’s internal environment.
- 3.4 Assess a logistics business’s internal environment.
Activity
Start with this week’s 2 videos, then: Seminar, guided reading and a short written task: apply a technique to quantify a logistic business’s internal environment.
Study materials
Videos
- VRIO Framework EXPLAINED | B2U | Business To You · YouTube · Business To You · 14 min · for registered students
- Balanced Scorecard (With A Step-by-Step Example) | From A Business Professor · YouTube · Business School 101 · 11 min · for registered students
- Episode 164: Introduction to the Balanced Scorecard · YouTube · Alanis Business Academy · 10 min · for registered students
- Kaplan & Norton's Balanced Scorecard · YouTube · tutor2u · 7 min · for registered students
Further resources
- Mastering Strategic Management, ch. 4: Managing Firm Resources · PDF · Saylor Academy, textbook chapter; pp. 101–134 · for registered students
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 12: Balanced Scorecard and Other Performance Measures · PDF · OpenStax, textbook chapter; pp. 565–604 · for registered students
- Principles of Management, ch. 8.5: The internal environment · PDF · OpenStax, textbook chapter; pp. 231–234 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.