Building Balanced Scorecard In Your Organization
The concept of the Balanced Scorecard (BSC) was introduced by David Norton and Robert Kaplan in 1992. The BSC has evolved from a measurement system that merely looks at prior results to an effective tool for driving change initiatives. The BSC enables an organization to understand the relationship between the business performance drivers and the associated financial outcomes, providing the crucial linkages between operational control and strategic intent.
The two-day workshop is designed to provide participants with the knowledge and basic skill required to develop a Balanced Scorecard for your organization.
How Will I Benefit?
The objectives of this workshop are to help participants:
- Understand the BSC framework.
- Understand BSC as a powerful strategy implementation tool.
- Identify financial and non-financial performance measures.
- Know the process of developing BSC in the organization.
- Know how to use BSC framework for developing KPI.
What Will I Learn?
The brief outline of the workshop is described below:
- Change management
- Knowledge economy
- Performance measures
- Strategy execution
- Value chain
- BSC framework
- BSC development process
- Strategy map
Who Should Attend?
- Head of department/business units
- Anyone involved in strategy implementation
USD$6,500 per group up to 25 persons
USD$350 per person with a minimum of 10 persons and maximum 25 persons
Price is inclusive of training materials and certificate. All other incidental costs including traveling (transport and lodging), F&B, training, stationery & printing, and training room& facilities will be borne by the client. Terms and mode of payment will be discussed upon confirmation.