Developing a Balanced Scorecard

$99

The Balanced Scorecard has been one of the most influential strategic management tools developed over the past 30 years. Learn about the strategic fit of the balanced scorecard and the core elements and practices required to successfully implement a scorecard framework within your organization. You will learn how to apply the balanced scorecard to your strategic planning and how to use the framework to map strategy and create alignment between the core drivers of performance in your business. In addition, you will learn how to develop scorecards using KRA’s and KPI’s and how to develop scorecards for different functional units and activities in the organization.

Description

COURSE OVERVIEW

The Balanced Scorecard has been one of the most influential strategic management tools developed over the past 30 years, and has helped shaped the development of business performance management systems and approaches to the management of people, operations, customers and finance across the world.

In this course, you will learn about the strategic fit of the balanced scorecard and the core elements and practices required to successfully implement a scorecard framework within your organization. You will learn how to apply the balanced scorecard to your strategic planning and how to use the framework to map strategy and create alignment between the core drivers of performance in your business. In addition, you will learn how to develop scorecards using KRA’s and KPI’s and how to develop scorecards for different functional units and activities in the organization.

You will also learn about managing your scorecards using Excel and automation of the scorecard using best practice software systems. You can learn more about measuring and managing performance across the core perspectives (finance, customer and marketing, operations and people management) in the next courses in the program.

So, take the first step now and begin your balanced scorecard journey.

COURSE DETAILS

  • Suitable For: Middle and Senior Managers and consulting professionals
  • CPD Credits: 20 Hours
  • Access: 3 months
  • Certification: Download your CPD Certificate on completion
  • Additional Resources: Download Learners manual, additional articles and worksheets

COURSE CONTENT

This course comprises the following lessons:

Lesson 1 – Getting Started

Video – What is a Balanced Scorecard?

SECTION 1: INTRODUCING THE BALANCED SCORECARD

Lesson 2 – Understanding Business Performance

Video – Performance Measurement – where to start?

Video – The Balanced Scorecard in Strategy Implementation

Lesson 3 – What is a Balanced Scorecard?

Video – Introducing the Balanced Scorecard

Lesson 4 – Balanced Scorecard in Strategic Planning

Balanced Scorecards – Quiz 1

SECTION 1: BALANCED SCORECARD DESIGN

Lesson 5 – The Scorecard Structure

Video – The Scorecard Structure

Video – The Balanced Scorecard

Lesson 6 – Strategy Mapping

Video – Strategy Mapping

Lesson 7 – Measuring Performance

Video – What is a KPI?

Video – How to Develop KPI’s

Balanced Scorecards – Quiz 2

SECTION 3: PUTTING THE SCORECARD TO WORK

Lesson 9 – Automating the Scorecard

Video – Using an MS Excel Scorecard System

Video – How to Create a KPI Scorecard using Excel

Video – Using Balanced Scorecard Software

Lesson 10 – Putting the Scorecard to Work

Video – The BSC in Strategy Implementation

Lesson 11 – The BSC and CPM

Video – Example CPM System

Balanced Scorecards – Quiz 3

Balanced Scorecards 12 – Wrapping-up

Balanced Scorecards – Course Evaluation