Course description
Balanced Scorecard Essentials: Strategic Planning
Balanced Scorecard Essentials is a one day interactive experience designed to help balanced scorecard team members contribute to their organization’s strategic management and performance improvement initiatives. It is based on the Balanced Scorecard Institute’s award winning Nine Steps to Success™ framework for building and managing strategy. There are thousands of hours of consulting and training experience in strategic planning and management that have contributed to this method of building strategy. The emphasis is on shared participant experiences, lessons learned, best practices, applied exercises, reinforcement, and support. Participants will learn from each other and their facilitator and leave with a toolkit of proven resources.
COVID-19 Update
In light of COVID-19, this provider is now delivering some or all of their courses online. Contact them for more information!
Who should attend?
This course is recommended for managers, planners, analysts, and other members of an extended balanced scorecard development team who are seeking the best practical ideas for a successful strategy implementation, or who need a general awareness of balanced scorecard concepts so that they can provide support for their organization’s development effort. The course is highly recommended for members of Strategic Theme teams, Objective Owner/Measurement teams, and Tier 2 Cascading teams that want to improve their contribution to the planning process. The course is also ideal for any business professional who wants to keep abreast of the latest thinking in strategy and strategic planning, alignment, management, measurement, and execution.
Training content
The course covers the following topics:
- Why the balanced scorecard is still one of the most powerful and effective management tools
- Basic elements and concepts of a balanced scorecard
- How strategy and scorecards are created using Balanced Scorecard Institute’s Nine Steps to Success™ methodology
- How to contribute to your team’s development of mission, vision, core values, and customer value proposition
- The basics of performance measure and target development
- How cascading scorecards to all levels in the organization can create strategic alignment
- How to engage leaders and employees in the origination’s shared direction
- How to overcome anticipated challenges with proposed solutions
Certification / Credits
As a participant, you will benefit by learning how:
- Key concepts of the balanced scorecard work together
- A balanced scorecard can be used to improve organizational performance
- To assist in the development of strategic objectives, meaningful performance measures and targets
- To help your team successfully build a balanced scorecard strategy system
- To anticipate challenges and prepare solutions for a more effective implementation
- To engage leaders and employees in the planning process in building strategy
- Other organizations have used the balanced scorecard for continual improvement
- To summarize all elements of a balanced scorecards
Why choose SMG?
Over 8,000 students certified worldwide
97% rate instructors as above average (11%) or excellent (86%)
Net promoter score 20 points higher than industry benchmark
About SMG
Balanced Scorecard Institute
The Balanced Scorecard Institute and KPI.org lines of business provide training and professional certification programs under the umbrella of the Strategy Management Group (SMG). We certify leaders, managers, analysts, and other strategy professionals in Balanced Scorecard, Key Performance Indicator development, Strategic Project Management and...
