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...

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-24361465

Subsequently, Tesco has stopped using the Steering Wheel and now uses a "Big 6 KPIs"strategy.

Discuss why Tescomay have switched their approach awayfrom using thebalanced score-card to measure and manageits overall performance, and how the new strategy maybe utilised or improvedto enhance future business performance.

Write in report format and any supporting diagrams or tables should be placed in the appendix. Relevant research material and references should be applied to underpin your analysis.

The word count for your Mid Module Assignment is 2,500 words.