Boosting Organizational Performance Through the Professional Use of a Balanced Scorecard Program

Introduction :

This course is introduced to you by the International Academy of Human Resources Development (IAHRD). Our courses are specially designed to meet your needs, explained to you by experts with a long experience in the field.

 Becoming a Balance Scorecard Professional (BSP) will level up your career dramatically as well as the performance of the organization you work in. An effective balanced scorecard will help you create alignment and continuous communication to empower the workforce. It will also help you align resources, budgets and initiatives with the organizational strategy. This course will help you learn about the ingredients needed to have a successful Balanced Scorecard Program.

Objectives:

After attending this course, participants will be able to:

1. Understand the definition of the Balanced Scorecard.
2. Grasp the importance and the value added to the business by applying an effective Balanced Scorecard.
3. Differentiate between the mission driven and profit driven Balanced Scorecard.
4. Achieve organizational goals through a Balanced Scorecard.

Content:

Module 1:

1. Introduction To The Balanced Scorecard
2. What is Balanced Scorecard?
3. Why to get involved in the Balanced Scorecard?

Module 2:

1. The long-term value of Balanced Scorecard.
2. Measurement system vs. Management system vs. Management philosophy.
3. The process of building the Balanced Scorecard.
4. The factors that the Balanced Scorecard focuses on.

Module 3:

1. The four perspectives of the concepts 'vision' and 'strategy'.
2. Mission driven vs. Profit driven.
3. Non-profit and government organizations.

Module 4:

1. What's next?
2. Getting your scorecard on track.
3. What is the Customer Perspective?
4. What is the Financial Accountability Perspective?
5. What is the Internal Process Perspective?
6. What is the Learning and Growth Perspective?
7. How and when to apply each perspective?

Module 5:

1. The effective process of evaluation and assessment.
2. The importance of advanced strategic foundations development.
3. Conducting advanced strategy map development.

Module 6:

1. Don't waste time and focus on the priorities.
2. The incremental change in industrial organizations and meeting the needs.
3. Recommendations.
4. Case study.

Who Should Attend:

1. Executives, Managers, Planners and Analysts who are part of a Balanced Scorecard development team.
2. Finance and Audit Managers.
3. IT Managers.
4. Strategy Managers.