Balanced Scorecard Masterclass

INTRODUCTION

To guarantee operational excellence, business operations must be aligned with a company’s vision and strategy. This is easier said than done, because it would need particular processes to convey objectives to all stakeholders in a clear manner, as well as a solid system to assess the organization’s performance against strategic goals from various viewpoints.

In this course, you will get a devised the balanced scorecard to guarantee the above are satisfied. Following a presentation of the balanced scorecard aspects such as vision, purpose, goals, objectives, Key Performance Indicators (KPIs), targets, and initiatives, participants will get the opportunity to develop the balanced scorecard for a virtual corporation using a tried-and-true step-by-step process.

The knowledge learned from this course will enable participants to assess or construct the balanced scorecard for their department or company.

COURSE METHODOLOGY

This course is designed in the form of workshop which will includes a variety of learning tools to help participants function effectively and efficiently in a multifunctional environment through various methodologies including;

• Short lectures
• Brainstorming
• Case studies
• Group activities
• Role playing

COURSE OBJECTIVES

The attendees of this Certificate Program will be able to:

• Learn hierarchy of manufacturing, planning, and control.
• Explain the advantages and significance of a Strategy Focused Organization (SFO)
• Create a SWOT analysis for their organization or department, as well as vision and mission statements and strategic goals.
• Use SMART goals and key performance indicators to measure organizational performance and productivity at all levels.
• Set objectives for each KPI using the best-in-class benchmarking strategy.
• Create a balanced scorecard using the Kaplan and Norton methodology.

 WHO SHOULD ATTEND THIS COURSE?

• Strategic planning and performance management professionals
• Managers
• Supervisors
• Executives
• Supply chain manager
• Management Representatives
• Anyone who is seeking improvement in skills for enhanced performance and career development

TARGETED SKILLS

• Management and leadership
• Strategic planning
• Performance management
• Influencing and communicating for impact
• Innovation
• Analytical thinking
• Entrepreneurship