COURSE CONTENT
Module 1: Performance Measurement
- Performance dimensions
- Principles of performance measurement
- Lag and lead measures
- Outcome (lag) measures
- Performance measurement system
Module 2: Strategy Implementation
- Stakeholders’ needs and expectations
- Value, vision and mission
- Strategy, strategic goals and key performance indicators (KPIs)
- Barriers to strategy implementation
- Intangible assets and value creation
Module 3: Business Model
- Internal business process value chain
- Translating vision to strategy and objectives
- Business drivers: cause and effect
- Value creation and sustainable development
- Balanced approach to business systems
Module 4: BSC Framework
- Building BSC process
- Strategy: financial and customer perspectives
- The customer: value proposition
- BSC cause and effect logic
- Steps in building BSC: strategic foundation, critical components, deployment
Module 5: Building BSC in Organization
- Develop strategic themes
- Develop strategic objectives and build strategy map
- Develop measurements
- Set targets and plan initiatives
- Group presentation of strategy map, measures, targets, initiatives
Module 6: Performance Driven Organization
- Strategy–focused organization
- Business excellence models
- Profile of world class organization
- Linking BSC and reward system
- Linking strategic planning to BSC