The Balanced Scorecard
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The Balanced Scorecard

Overview

Course duration:
2 days.

Learn, develop and master the essential tools of the Balanced Scorecard that will help you successfully implement and monitor a strategy.

Is it right for me?
Suitable for directors and managers from corporate headquarters and strategic business units: functional and operational directors and managers of key business processes such as Finance, HR and Training, IT, R&D, Sales and Marketing, Manufacturing and other business operations.

What will I learn?
By the end of this practical two-day course, you will be able to:
-Develop an actionable and manageable strategy.
-Identify methods for setting strategic measures and targets.
-Implement strategy effectively.
-Understand the impact of strategy on results.

Pre-course Activity
Reading
Two articles from The Harvard Business Review by Robert Kaplan and David Norton - "The Balanced Scorecard - Measures that Drive Performance" and "Putting the Balanced Scorecard to Work".

Company Information
Please bring along to the course:
a) The vision, mission and strategic goals of your organisation..
b) Examples of reports from your organisation's current management information system (both internal and external publication) - for example management reports, accounts, key performance indicators, annual reports.
c) Thoughts on what you would like your performance measurement system to look like - both in an ideal world and with a more realistic perspective.

What will it cover?
Create a Strategy-Focused Organisation
-Analysing the organisation's strategic needs
-Design concepts and other measurement models
-Implications for internal and external reporting

Understand the Strategic Drivers across Four Business Perspectives
-Financial
-Customer
-Internal processes
-Learning/growth

Identify Strategic Measures and Targets
-Selecting measurement methods and processes
-Assessing developments and performance
-Methods and processes for setting targets

Translate Strategy into Operational Terms
-Ensuring clarity of strategy across the organisation
-Awareness of hurdles and roadblocks to implementation

Cascade Corporate Strategic Objectives
-Methods of communication and cascading
-Setting individual and team goals
-Linking performance management to goals

Monitor the Change Process
-Making strategy a continual process
-Mobilising change through executive leadership
 
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LocationRegionCourse Start DateNo. DaysWeb price ex.VATCourse Status 
London London Wed 19 Sep 12 2£999      CLICK TO ENQUIRE
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Tools
 
Key Details
Duration2 days
 
£999
per delegate
 
 
Bookings Helpline: 01933 233884 (Monday to Thursday - 8:00am to 5:30pm and Friday 8:00am to 5:00pm).