This course introduces the management theory behind the Balanced Scorecard management methodology. It is designed for all participants in a score-carding initiative--executives who will be building strategic plans, managers who will be implementing the objectives that support the strategies, and the scorecard pioneers, who will design, build, sustain and communicate results.
At the end of this course, participants will have a working knowledge of the theory and vocabulary of the Balanced Scorecard management methodology.
By the end of the Course, participant will be able to:
BSC Role within an organization
Reasons for implementations
What is meant by "balance"
The information and structure
Management's use of the scorecard
Present the four perspectives of the balanced scorecard
Align the BSC to Strategy
Demonstrate the pitfalls When Implementing a BSC
Link all essential components of the planning processes
Focus on the long-term strategy
Focus on growing the organization
Executives, managers, supervisors, project managers and team leaders