Balanced Scorecard Basics

Price:£95000

Organizations realize that success cannot only be measured in dollars. Intangible assets make up a huge portion of a company’s wealth. We need a new tool to help us measure this expanded definition of success. Enter the balanced scorecard! This tool will help you:

1) identify, document, plan, and execute a balanced strategic mission.
2)
evaluate and revise your organization’s strategic execution.

SKU: SKWE111 Categories: , Product ID: 9666

Description

Balanced Scorecard Basics

Over the past several decades, organizations have come to realize that success cannot only be measured in dollars and cents. Intangible assets (like a company’s reputation, the knowledge base created by their employees, and training initiatives) can make up a huge portion of a company’s wealth. It only makes sense that we need a new tool to help us measure this expanded definition of success. Enter the balanced scorecard! This tool and its related components will help you identify, document, plan, and execute a balanced strategic mission. It will also help you evaluate and revise your organization’s strategic execution.

This one-day workshop will introduce you to the basics of the balanced scorecard and help you utilize this powerful tool in your organization.


What Will Students Learn?

– Define what the balanced scorecard is and its benefits

– Describe common balanced scorecard pitfalls & how to avoid them

– Determine if the balanced scorecard is right for your organization

– Describe the key elements of the balanced scorecard process

– Identify a strategy map, tactical action plan, and balanced scorecard

– Create a vision statement for the balanced scorecard

– Understand what corporate values, mission statements, and vision statements are and how they tie into the balanced scorecard

– Understand what processes support the balanced scorecard

What Topics are Covered?

– Understanding the balanced scorecard

– The ingredients for success

– Overview of the balanced scorecard process

– Creating a project vision statement

– Understanding organizational mission, vision, and values

– Plans and processes to build

– Building balanced scorecard teams

What’s Included?

– Instruction by an expert facilitator

– Small, interactive classes

– Specialized manual and course materials

– Personalized certificate of completion

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