Developing organization Balanced Scorecard course

Developing organization Balanced Scorecard course

The Balanced Scorecard Program provides participants with the tools they need to build, implement, and sustain a balanced scorecard planning and management system in their organization. Courses are taught by specialized balanced scorecard training experts through a series of hands-on, interactive workshops. This program is ideal for anyone interested in helping their organizations focus on strategy and improve performance..

Course Objectives:

  • By the end of the program, participants will be able to:
  • Explain the benefits and importance of a Strategy Focused Organization (SFO)
  • Develop a SWOT analysis, vision and mission statements and strategic goals for their organization or department
  • Use SMART objectives and KPIs to track the performance and productivity at all levels in their organizations
  • Apply the approach of best-in-class benchmarking technique to set targets for each KPI
  • Design a balanced scorecard based on the Kaplan and Norton model

Course Outline:

Benefits of Strategic Management and Planning

  • The Strategy Focused Organization (SFO)
  • The Importance of the Balanced Scorecard
  • Strategic Planning Needs and Benefits
  • A Strategic Planning Model

SWOT Analysis, Vision and Mission Statements

  • The Purpose of a SWOT Analysis
  • SWOT in Brief
  • Linking the Results of the SWOT Findings to Future Objectives and Initiatives
  • Definition of Vision and Mission Statements

Developing Performance Measures and Control Systems

  • Goals, Objectives, and Targets
  • SMART Objectives
  • Developing Strategies
  • Key Performance Indicators (KPIs) and Units of Measures (UOMs)
  • Aligning KPIs to Company Strategy
  • Obstacles to Measurement

Benchmarking

  • Objectives and Basics
  • Who, What and Why of Benchmarking
  • Different Methods of Benchmarking
  • The Benchmarking Process

Using the Balanced Scorecard as a Strategic Management System

  • Strategic Planning and Strategy Execution
  • Reasons Behind Failures of Well Formulated Strategies
  • Translating the Vision to Everyday Actions
  • Importance and History of the Balanced Scorecard
  • The Premise Behind the Balanced Scorecard
  • Principles of the Strategy-Focused Organization
  • Measuring Business Strategy from Financial, Customer, Internal/Business/Process and Learning and Growth Perspectives
  • Strategic Alignment and Goal Setting
  • Linking the Balanced Scorecard KPIs to Strategy
  • Strategy Map: Specifying Relationships and Making them Testable
  • Soft, Hard, Leading and Lagging KPIs
  • The Importance of Initiatives
  • Evaluating Initiatives
  • Managing Initiatives
  • Cascading the Balanced Scorecard
  • Implementing a Balanced Scorecard Program
  • Reporting Results

 

General Notes

  • All our courses can be Tailor-made to participants needs
  • The participant must be conversant with English
  • Presentations are well guided, practical exercise, web based tutorials and group work. Our facilitators are expert with more than 10years of experience.
  • Upon completion of training the participant will be issued with Foscore development center certificate (FDC-K)
  • Training will be done at Foscore development center (FDC-K) center in Nairobi Kenya. We also offer more than five participants training at requested location within Kenya, more than ten participant within east Africa and more than twenty participant all over the world.
  • Course duration is flexible and the contents can be modified to fit any number of days.
  • The course fee includes facilitation training materials, 2 coffee breaks, buffet lunch and a Certificate of successful completion of Training. Participants will be responsible for their own travel expenses and arrangements, airport transfers, visa application dinners, health/accident insurance and other personal expenses.
  • Accommodation, pickup, freight booking and Visa processing arrangement, are done on request, at discounted prices.
  • One year free Consultation and Coaching provided after the course.
  • Register as a group of more than two and enjoy discount of (10% to 50%) plus free five hour adventure drive to the National game park.
  • Payment should be done two week before commence of the training, to FOSCORE DEVELOPMENT CENTER account, so as to enable us prepare better for you.
  • For any enquiry at:training@fdc-k.org or +254712260031

 

Start Date: 08/06/2020
End Date 12/06/2020

Course date, duration and fee

Start Date: 08/06/2020

End Date: 12/06/2020

Duration: 5 Days

Cost: USD 1,000, KES 70,000

Upcoming Courses

Developing organization Balanced Scorecard course

Software: Excel

Cost: USD 1,000, KES 70,000

Start Date: 08/06/2020

End Date 12/06/2020

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Developing organization Balanced Scorecard course

Software: Excel

Cost: USD 1,000, KES 70,000

Start Date: 17/08/2020

End Date 21/08/2020

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Developing organization Balanced Scorecard course

Software: Excel

Cost: USD 1,000, KES 70,000

Start Date: 26/10/2020

End Date 30/10/2020

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Download our 2019 course calendar with the list of all course schedule

Our goal is to deliver professional, practical, educational and cultivated training solutions aimed at bettering the performance of individuals and groups within the organization