The Balanced Scorecard Training Program

Introduction to the Training:

The Balanced Scorecard workshop provides participants with background and resources in all areas that are important to lead or participate on a team to build, implement, and sustain a balanced scorecard planning and management system in their organization. The program includes in-depth study of strategic thinking, strategic planning, organization assessment, strategy mapping, performance measures and target setting, strategic initiatives, automation, cascading and strategic management.

Training Outlines:

• Benefits of strategic management and planning
• Balanced Scorecard steps and timeline
• SWOT Analysis, vision and mission statements
• Developing performance measures and control systems
• Obstacles to measurement 
•  Developing strategies
• Benchmarking as a tool to set targets
• The benchmarking process
• The balanced scorecard as a strategic management system
• Translating the vision into everyday actions
• Importance and history of the balanced scorecard
• The premise behind the balanced scorecard
• Principles of the strategy focused organization
• Reporting and evaluating results
• Cascading the balanced scorecard
• Implementing a balanced scorecard program

Training Objectives:

• Explain the benefits and importance of a Strategy Focused Organization (SFO)
• Develop a Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis, vision and mission statements and strategic goals for their organization or department
• Use ‘SMART’ objectives and key performance indicators to track the performance and productivity at all levels in their organizations
• Apply the approach of best-in-class benchmarking technique to set targets for each KPI
• Design a balanced scorecard based on the Kaplan and Norton model

Program Details

Location : UAE

Dates:

1st cohort:      February 26 / 27 / 28 / 29

2nd cohort:      May 27 / 28 / 29 / 30 

3rd cohort:      September 23 / 24 / 25 / 26

Certification:

Upon the successful completion of the The Balanced Scorecard you will be certified from Standards as well as the European Management Academy (EMA).