Management Skills for Critical Managers
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Balanced Scorecard
PROGRAM : A Balanced Scorecard Approach to "Creating a Strategic Focus Organisation"
 
  1. Introduction
  2. Methodology
  3. Who Should Attend
  4. Objectives
  5. Course Content
  6. Course Trainer
  7. Course Fee
Balanced Scorecard

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
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