Introduction to the Balanced Scorecard

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Overview

This course, formerly called "Building and Implementing a Balanced Scorecard", shows a step-by-step methodology to build and implement a balanced scorecard strategic management system, either public or private sector. It includes a hands-on workshop to allow you to get practice in developing the balanced scorecard for a typical organization. You will have an opportunity to address some specific issues in your own organization.

How You will Benefit

You will understand the key concepts of the balanced scorecard, and why it is gaining so much attention in corporate and governmental organizations. You will learn a systematic, nine-step methodology for building and implementing the balanced scorecard, based on the performance management theory developed at Harvard University and our international balanced scorecard consulting experience. You will receive a Performance Scorecard ToolkitTM with worksheets for each step of the methodology.

Performance measurement software will be illustrated to show how you can use tools to assist in setting up scorecards, and in collecting and reporting strategic information. You will also learn about some of the challenges and pitfalls of strategic management, and how to deal with them.

What You Will Cover

  • Basic concepts of the balanced scorecard and how it can be used to improve organization performance.
  • How the balanced scorecard applies to different types of organizations.
  • How to build and implement a balanced scorecard using our award-winning nine-step methodology.
  • How to develop Strategy ProfilesTM , strategy maps, and initiatives for improving organization strategy and processes.
  • How to develop more meaningful performance measures.
  • The correct sequence of steps that are necessary to build a strategy-focused organization .
  • How a scorecard system can drive a performance-based budget and employee accountability.

Price : LD 3,185 per workshop participant.

Registration deadline : Thursday 5th February 2009.

To register for either workshop please fill-in our pre-registration form through the following link.

Please note that your registration shall only be considered complete once we receive your payment of 50% of the course fee prior to the above registration deadline date.