Strategic Plan Part III: Scorecard 1 BUS 475 Strategic Plan and Balanced Scorecard for Power House Gym Using the balance scorecard framework, evaluate how Power House Gym plans to achieve its strategic objectives in terms of financial growth, customer satisfaction, internal operations, and employee engagement. Discuss the specific goals outlined in each category and suggest potential challenges the gym might face in executing this strategy. Provide a comprehensive analysis in 800 - 1,000 words. Strategic Plan Part III: Scorecard 2 Strategic Plan Part III: Scorecard Name BUS 475 Instructor Date Strategic Plan Part III: Scorecard To further analyze the strategic goals of Power House Gym, a balance scorecard will be utilized to provide insights to the mission, vision, and values of Power House Gym. What exactly is a balance scorecard? One could say a balance scorecard is a strategic planning management system used to align activities to the mission and statement of an organization. In other words it helps organization to collect realistic information which could be vague or pious. Power Hous e Gym will attempt to organize strategic objectives based on utilizing the balance scorecard. Financial Power House Gym would have to focus on developing its competitive edge and continuously attract new clients to grow and expand the company. The goal is obtain a 10% quarterly growth of new clients for the organization, and increase profits by deploying certified physical fitness experts, instructors, and nutritionist that could provide guidance to our clients not only about physical fitness but, an overall healthy living. In addition to having qualified or certified employees customers of Power House Gym w ill also include an optional services such personal consultation whether it is face to face or via video conferencing to increase profits. Adding this optional service to our customers will allow them