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Strategic Planning Using the Balanced Scorecard Training Course

Strategic Planning Using the Balanced Scorecard Training Course

Strategic Planning Using the Balanced Scorecard Training Course

Course OBJECTIVES

At the end of this training course, you will learn to:

  • Build a Balanced Scorecard from scratch, based on your organization’s strategy
  • Overcome obstacles to implementing a Balanced Scorecard in practice
  • Translate strategy into tangible results to be measured and monitored
  • Align people and resources to focus on achieving the strategy
  • Adjust and enhance strategy in line with a changing environment

COURSE OUTLINE

Introduction to the Balanced Scorecard

  • Introduction to the Balanced Scorecard
  • Benefits of the Balanced Scorecard
  • Beginning with a Vision
  • The Financial, Customer, Process Perspectives in Detail
  • Strategy Maps and Strategic Themes
  • Lag and Lead Measures / KPIs
  • Constructing a Strategy Map

Understanding Strategy

  • The Balanced Scorecard Development Process
  • Understanding Organizational Strategy
  • Exploring the Strategies of Participants’ Own Organizations
  • Creating a Strategy-centric Organisation
  • Engaging the Leadership Team

Building Strategy Maps

  • The Learning & Growth Perspective in Detail
  • Creating a Climate for Action
  • Creating Strategy Maps for Participants Own Organisations
  • Strategic Measures / KPIs
  • Linking Strategy and Business Planning

Building a Complete Balanced Scorecard

  • Strategic Targets
  • Mapping Strategic Initiatives
  • Monitoring and reviewing the Balanced Scorecard using the latest web-based technology
  • Completing the Balanced Scorecard for Participants’ Own Organizations
  • Planning for Implementation
  • Cascading the Balanced Scorecard Across an Organization

Pulling It All Together

  • Reviewing and Enhancing Participants’ Balanced Scorecards
  • Identify Potential Pitfalls and Barriers to Implementation
  • Gaining Buy-in and Ownership for the Balanced Scorecard
  • Top Tips for Successful Creation and Implementation of a Balanced Scorecard
  • Making a Personal Plan of Action based on the Training Seminar
Please select which course you would like to join
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