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

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 Tesco may have switched their approach away from using the balanced score - card to measure and manage its overall performance , and how the new strategy may be utilised or improved to 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 .