Training Duration: 5 Days / 30 Hrs
Introduction to the Training
This comprehensive training program provides participants with the knowledge and tools to design, implement, and sustain a Balanced Scorecard system in their organization.
Rooted in the Kaplan and Norton methodology, the course connects strategy to execution by helping participants align vision, goals, and performance measures across all levels.
Attendees will learn how to turn strategic objectives into measurable actions, how to monitor and evaluate performance, and how to ensure continuous improvement through the Balanced Scorecard approach.
Whether you’re aiming to refine your current strategic planning process or implement BSC for the first time, this program offers actionable insights and real-world applications that drive results.
- Training Outlines
– Benefits of strategic management and planning
– Balanced Scorecard steps and timeline
– SWOT Analysis, vision and mission statements
– Developing performance measures and control systems
– Obstacles to measurement
– Developing strategies
– Benchmarking as a tool to set targets
– The benchmarking process
– The balanced scorecard as a strategic management system
– Translating the vision into everyday actions
– Importance and history of the balanced scorecard
– The premise behind the balanced scorecard
– Principles of the strategy focused organization
– Reporting and evaluating results
– Cascading the balanced scorecard
– Implementing a balanced scorecard program
- Training Objectives
– Explain the benefits and importance of a Strategy Focused Organization (SFO)
– Develop a Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis, vision and mission statements, and strategic goals for their organization or department
– Use ‘SMART’ objectives and key performance indicators to track performance and productivity at all levels
– Apply best-in-class benchmarking techniques to set meaningful and competitive KPI targets
– Design a Balanced Scorecard based on the Kaplan and Norton model
- Who Should Attend
– Department heads and team leaders
– Strategy and planning professionals
– Performance and quality managers
– Business analysts and consultants
– Executives aiming to implement BSC in their organizations
- Why Attend
– Gain a full understanding of the Balanced Scorecard framework
– Learn how to align strategy with day-to-day operations
– performance tracking using SMART KPIs and benchmarking
– Translate vision and strategy into measurable actions
– Enhance organizational alignment and strategic execution
