The Balanced Scorecard

Training Duration: 5 Days / 30 Hrs

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

Need more information about this course?

Please feel free to CONTACT US. All enquiries are answered within 24 hours.

Other Courses

— SHARE THIS ARTICLE
Dr Hay Safa - CEO Standards Consultants
Dr. Hady Safa

Dr. Safa has dedicated his career to helping individuals and organizations achieve their full potential through his engaging and informative speeches and writings.

With over 20 years of experience in the field, Dr. Safa has become a trusted authority on topics such as decision-making, talent management, and strategic planning. By incorporating his unique insights and practical advice, Dr. Safa has helped countless individuals and organizations achieve their goals and reach new heights of success.