Balanced Score Card

Fine Falcon Solutions
Course summary
5 days
2,950 USD
Open / Scheduled
Next available date: Contact Us - Riyadh
Course Dates
Abu Dhabi
Contact Us  (English)
Contact Us  (English)
2,950 USD
Contact Us  (English)

Course description

"Balanced Score Card" is an important training program for management-connected professionals who are new or fairly new to the Balanced Score Card concepts. The unique yet internationally accepted and utilized employee performance metrics equip HR personnel to bring result-centric grown in the organizations. This training program has been planned out keeping in mind both the traditional and up to the minute trends and requirements of the given field. This makes the course an ideal learning opportunity for all of its participants. Please make a note that a custom proposal can also be acquired, if you have different training requirements for your team.

Course Outline

  • Pros of Strategic Management and Planning
  • SWOT Basics
  • A Strategic Planning Model
  • The Strategy-Focused Organization AKA "SFO"
  • The Significance of the Balanced Scorecard
  • Tactical Planning Requirements and Benefits
  • SWOT Analysis, Vision and Mission Statements
  • The Function of a SWOT Analysis
  • Connecting the SWOT Results Findings to Future Initiatives and Objectives
  • Vision and Mission Statement Definition
  • Creating Control Systems and Performance Measures
  • Aims, Objectives and Targets
  • SMART Objectives
  • Developing Strategies
  • Key Performance Indicators, generally known as the KPIs and Units of Measures AKA UOMs
  • Balancing KPIs with Company's Strategy
  • Obstacles to Measurement
  • Benchmarking
  • Basics and Objectives
  • The 'Who', 'Whats' and 'Whys' of Benchmarking
  • Various Benchmarking Methods
  • The Benchmarking Procedure
  • Utilization of the Balanced Scorecard as a Strategic Management System
  • Smart Planning and Strategy Implementation
  • Significance and History of the Balanced Scorecard
  • The Principle Behind the Balanced Scorecard
  • Rules of the Strategy Oriented Organization/Firm
  • Assessing Business Strategy from Customer, Internal/Process/Business, Financial and Learning and Growth Standpoints
  • Tactical Alignment and Objective Setting
  • Connecting the Balanced Scorecard Key Performance Indicators to the Strategy
  • Strategy Map: Mentioning Relationships and Getting them in to a Testable State
  • Various KPIs including Hard, Soft, Leading and Lagging Key Performance Indicators
  • The Significance of Initiatives
  • Cascading the Balanced Scorecard
  • Initiatives Evaluation
  • Initiatives Management
  • Putting a Balanced Scorecard Program in to Work
  • Reporting Consequences

Who is it for?

This program is made for all managers and supervisors, particularly professionals involved in improving performance and measuring results.

Learning Objectives

As this useful course will be completed, the participants will have to ability to:
  • Create vision and mission statements, SWOT analysis, and strategic goals for their department or company/organization
  • Explain the benefits and importance of a Strategy Focused Organization, also known as the SFO
  • Make use of SMART objectives and Key Performance Indicators in so that the performance and productivity can be tested at all levels in the companies/organizations
  • Design a balanced scorecard based on the Kaplan and Norton model
  • Implement the 'best-in-class benchmarking technique' approach of to set targets for each Key Performance Indicator

About provider

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Fine Falcon Solutions

Fine Falcon Solutions is a consulting firm that works on a global level to provide leading businesses development solutions to move forward and succeed in their respective professional fields. Fine Falcon focuses on providing such courses that bring the best...

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Fine Falcon Solutions

Office No. 804
B2B Tower

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