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- Payment Terms: Enquire
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Overview
The Balanced Scorecard (BSC) is a performance measurement and management tool that helps organizations align their strategy with their operational activities and measure their performance. A 5-day course on the BSC would provide a comprehensive introduction to the concept and its key principles as well as the tools and techniques needed to develop implement and use the BSC to align strategy and measure performance. This course is highly interactive with a mix of lectures discussions hands-on exercises and case studies. It would aim to provide participants with a comprehensive understanding of the BSC concept and its key principles as well as the tools and techniques needed to develop implement and use the BSC to align strategy and measure performance in a variety of contexts.
Objective
Understand the concept and key principles of the Balanced Scorecard (BSC)
Learn how to develop a BSC frameworkincluding identifying strategic objectives and key performance indicators (KPIs)
Learn how to implement the BSCincluding building a data collection and reporting systemand addressing implementation challenges.
Learn how to use the BSC for strategy executionincluding monitoring progress and identifying areas for improvement.
Learn advanced applications of the BSCincluding using the BSC for strategic planning and budgetingrisk management and decision-makingand best practices for different industries and organizations.
Who Should Attend
Business professionals: Managers, executives, and entrepreneurs who need to align strategy and measure performance.
Operations professionals: People who are responsible for implementing and executing strategies and want to align their operations with the organization's strategy.
Project managers: People responsible for planning, executing, and closing projects, who want to align the project with the organization's strategy and measure performance.
Overall, anyone who wants to improve their ability to align strategy and measure performance in their organization would benefit from this course, especially professionals in the fields of finance, operations, project management, public sector, and those who wants to learn about performance management.
Course Outlines
Day 1: Introduction to the Balanced Scorecard
Overview of the BSC concept and its key principles
How to use the BSC to align strategy and measure performance
Day 2: Developing the BSC Framework
Identifying strategic objectives and key performance indicators (KPIs)
Creating a cause-and-effect relationship between objectives and KPIs
Day 3: Implementing the BSC
Communicating the BSC to stakeholders
Building a data collection and reporting system
Identifying and addressing implementation challenges
Day 4: Using the BSC for Strategy Execution
How to use the BSC to monitor progress and identify areas for improvement
Techniques for aligning operational activities with strategic objectives.
Day 5: Advanced Applications of the BSC
Using the BSC for strategic planning and budgeting
Using the BSC for risk management and decision-making
Case studies and best practices for using the BSC in different industries and organizations.
Job roles this course is suitable for:
Business professionals , Managers , executives , entrepreneurs ,About London Training For Excellence
Empowering Professionals for Over a Decade
London Training for Excellence is a leading provider of professional development programmes, established in 2013. For over eleven years, we have been committed to equipping individuals and organisations with the skills and knowledge they need to excel in today's ever-evolving business landscape.
A Breadth of Expertise
We offer a comprehensive range of training solutions across a diverse set of industries, including:
- Artificial Intelligence (AI): Stay ahead of the curve with cutting-edge training on AI applications, machine learning and data analysis.
- Contact Management: Learn best practices for building and nurturing relationships, managing communication workflows and leveraging technology to optimise your outreach efforts.
- Engineering: Enhance your technical expertise and stay current with the latest advancements in various engineering fields.
- Finance and Legal: Gain a deep understanding of financial concepts, legal frameworks and compliance requirements.
- Human Resources: Navigate the complexities of HR practices, from recruitment and onboarding to employee relations and performance management.
- Leadership and Management: Develop your leadership skills, communication techniques and team-building strategies.
- Logistics: Optimise your supply chain operations and ensure efficient delivery of goods and services.
- Marketing and Sales: Develop effective marketing strategies, hone your sales skills and drive business growth.
- Oil and Gas: Gain specialised knowledge and skills relevant to the oil and gas industry.
- Project Management: Master the art of project planning, execution and delivery to ensure successful project outcomes.
Our Approach
At London Training for Excellence, we believe in delivering high-quality, interactive training programmes that cater to diverse learning styles. Our experienced instructors are industry experts who combine theoretical knowledge with practical application.
Flexible Learning Solutions
We understand that busy professionals require flexible learning options. We offer a variety of delivery methods to suit your needs, including:
- In-person training: provides more significant face-to-face interaction. In a classroom setting, attendees can connect in real-time. In-person training also offers more opportunities for group activities and interactive projects.
- Online Courses: Our comprehensive online courses allow you to learn comfortably in your working environment.
- In-Company Training: Tailor training programmes specifically for your organisation's needs and deliver them on-site for maximum impact and employee convenience.
Investing in Your Success
By investing in training and development with London Training for Excellence, you will gain the knowledge and skills necessary to achieve your professional goals and contribute to the success of your organisation.
Contact Us Today
Let London Training for Excellence help you unlock your full potential and drive positive organisational change. Contact us today to discuss your training needs and explore how we can empower your workforce for the future.
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