About This Course
This course, “Mastering the Balanced Scorecard Approach,” is meticulously designed to provide participants with comprehensive insights into the balanced scorecard framework. Tailored for professionals across various industries, this course offers a deep dive into the principles, methodologies, and practical applications of the balanced scorecard, enabling participants to develop a nuanced understanding and master its implementation within their organizations.
Learning 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
Target Audience
- All Employees
Curriculum
16h
Benefits of strategic management and planning
Developing performance measures and control systems
Benchmarking as a tool to set targets
The balanced scorecard as a strategic management system
Measuring business strategy from the financial, customer, internal, business or process and learning and growth perspectives
CORPORATE INITIATIVES
Free
