Mastering Human Resources Management Courses and HR Certifications


Strategic Planning Using the Balanced Scorecard: Turning Strategy into Reality

Introduction:

The Balanced Scorecard puts strategy at the heart of your organization, allowing you to focus 100% of your employees’ effort on the achievement of company objectives. It provides a powerful framework for the rapid and effective implementation of strategy, delivering breakthrough performance improvement.

Targeted Groups:

  • Executives
  • Managers with responsibility for creating or managing a balanced scorecard
  • Financial Officers and controllers
  • Process Managers
  • Strategic Planning Managers

Course Objectives:

At the end of this conference the participants will be able to:

  • Translate vision and strategy into practical action and improved organizational performance
  • Understand how to use the Balanced Scorecard to drive improved performance
  • Design and build a Balanced Scorecard
  • Align the organization around commons goals
  • Understand how to monitor and manage strategic performance
  • Drive operational performance improvement in line with the strategy
  • Communicate and manage change
  • Monitor and drive performance improvement
  • Understand how to rollout a Balanced scorecard across an organization
  • Create a personal action plan to drive performance improvement within their organization

Targeted Competencies:

  • Balance scorecard
  • Performance management
  • Change management
  • Communication skills

Course Content:
Unit 1: A Tool for Managing Strategic Performance:

  • Introduction to the Balanced Scorecard
  • Benefits of the Balanced Scorecard
  • Linking Mission and Vision to operations
  • Application and uses of the Balanced Scorecard
  • The Financial, Customer, Process perspectives in detail
  • Overview of the Balanced Scorecard creation process
  • Strategy maps and Strategic Themes
  • Strategic Measures and Strategic Targets

Unit 2: Developing a Balanced Scorecard:

  • Create a strategy-centric organization
  • The Learning & Growth perspective in detail
  • Define strategy, identify strategic themes and build strategic linkages
  • Engage the leadership team
  • Importance of data collection, interviews, and focus groups
  • Strategic documentation
  • Work with the Case Study
  • Strategic objectives and strategic themes

Unit 3: Monitoring Strategic Performance:

  • Purpose of strategic measures and their relationship with KPIs
  • Lead and lag measures
  • Develop appropriate measures using the Strategy Map
  • Examples of measures for each of the four perspectives
  • How to implement the Balanced Scorecard
  • Lag and lead measures
  • Determine measures and targets
  • Map strategic initiatives

Unit 4: Implementing A Balanced Scorecard:

  • Set appropriate stretch targets for each objective
  • The Strategic Management System and performance management
  • Map strategic initiatives for HR
  • Plan for implementation
  • Bring about successful change
  • Communicate the Balanced Scorecard
  • Develop appropriate targets using the Strategy Map and Measures
  • Cascade the Balanced Scorecard across the organization
  • Strategy Review Meetings

Unit 5: Pulling It All Together:

  • How to make it work in your organization
  • Create an outline project plan
  • Identify key roles and key players
  • Case study activities
  • Top Tips for success
  • Create a personal plan of action

Sharm El-Sheikh (Egypt)
14 - 18 Jul 2024
3500 Euro
Dubai (UAE)
21 - 25 Jul 2024
3900 Euro
Istanbul (Turkey)
28 Jul - 01 Aug 2024
4200 Euro
Lisbon (Portugal)
29 Jul - 02 Aug 2024
4900 Euro
Amsterdam (Netherlands)
19 - 23 Aug 2024
4900 Euro
Barcelona (Spain)
19 - 23 Aug 2024
4900 Euro
Cairo (Egypt)
08 - 12 Sep 2024
3000 Euro
Kuala Lumpur (Malaysia)
08 - 12 Sep 2024
3900 Euro
Paris (France)
09 - 13 Sep 2024
4900 Euro
Online
22 - 26 Sep 2024
1500 Euro
London (UK)
23 - 27 Sep 2024
5200 Euro
Madrid (Spain)
14 - 18 Oct 2024
4900 Euro
Rome (Italy)
04 - 08 Nov 2024
4900 Euro
Amsterdam (Netherlands)
25 - 29 Nov 2024
4900 Euro
Geneva (Switzerland)
02 - 06 Dec 2024
5500 Euro
Rome (Italy)
02 - 06 Dec 2024
4900 Euro
Munich (Germany)
02 - 06 Dec 2024
4900 Euro
Madrid (Spain)
16 - 20 Dec 2024
4900 Euro
Paris (France)
23 - 27 Dec 2024
4900 Euro
Cairo (Egypt)
12 - 16 Jan 2025
3000 Euro
Dubai (UAE)
19 - 23 Jan 2025
3900 Euro
Barcelona (Spain)
20 - 24 Jan 2025
4900 Euro
Sharm El-Sheikh (Egypt)
26 - 30 Jan 2025
3500 Euro
Boston (USA)
10 - 14 Feb 2025
5500 Euro
Online
16 - 20 Feb 2025
1500 Euro
Istanbul (Turkey)
23 - 27 Feb 2025
4200 Euro
Kuala Lumpur (Malaysia)
23 - 27 Feb 2025
3900 Euro
Dubai (UAE)
23 - 27 Feb 2025
3900 Euro
Amman (Jordan)
02 - 06 Mar 2025
2900 Euro
Manama (Bahrain)
09 - 13 Mar 2025
3900 Euro
London (UK)
10 - 14 Mar 2025
5200 Euro
Online
16 - 20 Mar 2025
1500 Euro
Vienna (Austria)
21 - 20 Apr 2025
4900 Euro
Casablanca (Morocco)
28 Apr - 20 May 2025
3000 Euro
Istanbul (Turkey)
04 - 20 May 2025
4200 Euro
Barcelona (Spain)
26 - 20 May 2025
4900 Euro
Amman (Jordan)
08 - 12 Jun 2025
2900 Euro
Manama (Bahrain)
08 - 12 Jun 2025
3900 Euro
London (UK)
09 - 13 Jun 2025
5200 Euro
Vienna (Austria)
09 - 13 Jun 2025
4900 Euro

Mastering Human Resources Management Courses and HR Certifications
Strategic Planning Using the Balanced Scorecard: Turning Strategy into Reality (HR)

 

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