MNP3702
ASSIGNMENT 5 SEMESTER 2 2024
DUE DATE: 17 OCTOBER 2024
Introduction
The Foschini Group (TFG), a prominent retail enterprise in South Africa, has made significant
progress in embedding the United Nations Sustainable Development Goals (SDGs) and the 2030
Agenda for Sustainable Development into its supply chain operations. By employing the
Balanced Scorecard (BSC) framework, which assesses performance across four dimensions—
financial, customer, internal processes, and learning and growth—TFG is tackling various social,
environmental, and economic issues. This integration not only enhances TFG's sustainability
initiatives but also improves the overall efficiency and effectiveness of its supply chain. The
BSC offers a comprehensive approach for TFG to manage its sustainability efforts while directly
linking them to the applicable SDGs.
Diagram: Balanced Scorecard for TFG's Supply Chain Performance
[Create a Balanced Scorecard diagram that illustrates the four perspectives—Financial,
Customer, Internal Processes, Learning & Growth—and indicates how each perspective connects
to specific SDGs relevant to TFG’s supply chain.]
I will now explore each of the four perspectives of the Balanced Scorecard and illustrate how
they correspond to the SDGs, using concrete examples from TFG's Sustainability Report.
Balanced Scorecard Application
1. Financial Perspective
This perspective emphasizes profitability, cost management, and revenue growth.
Financial performance is vital for TFG as it guarantees the company’s sustainability over
the long term. To align with the SDGs, TFG has taken steps to lower costs while adopting
sustainable practices.
ASSIGNMENT 5 SEMESTER 2 2024
DUE DATE: 17 OCTOBER 2024
Introduction
The Foschini Group (TFG), a prominent retail enterprise in South Africa, has made significant
progress in embedding the United Nations Sustainable Development Goals (SDGs) and the 2030
Agenda for Sustainable Development into its supply chain operations. By employing the
Balanced Scorecard (BSC) framework, which assesses performance across four dimensions—
financial, customer, internal processes, and learning and growth—TFG is tackling various social,
environmental, and economic issues. This integration not only enhances TFG's sustainability
initiatives but also improves the overall efficiency and effectiveness of its supply chain. The
BSC offers a comprehensive approach for TFG to manage its sustainability efforts while directly
linking them to the applicable SDGs.
Diagram: Balanced Scorecard for TFG's Supply Chain Performance
[Create a Balanced Scorecard diagram that illustrates the four perspectives—Financial,
Customer, Internal Processes, Learning & Growth—and indicates how each perspective connects
to specific SDGs relevant to TFG’s supply chain.]
I will now explore each of the four perspectives of the Balanced Scorecard and illustrate how
they correspond to the SDGs, using concrete examples from TFG's Sustainability Report.
Balanced Scorecard Application
1. Financial Perspective
This perspective emphasizes profitability, cost management, and revenue growth.
Financial performance is vital for TFG as it guarantees the company’s sustainability over
the long term. To align with the SDGs, TFG has taken steps to lower costs while adopting
sustainable practices.
