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 achieving company objectives. The balanced scorecard for strategic planning training provides a powerful framework for rapid and effective strategy implementation, delivering breakthrough performance improvement.

Within strategic planning, the Balanced Scorecard serves as a robust model to align business activities with the organization's vision and strategy. By integrating the advantages and benefits of using a Balanced Scorecard, strategic planning becomes clearer and more structured, enhancing the capacity to track performance and achieve strategic goals.

This balanced scorecard for strategic planning course thoroughly examines the application of the Balanced Scorecard as a strategic management and framework tool. Participants can effectively monitor and adjust strategic objectives, ensuring their organization's resilience and agility in the face of change.

Targeted Groups:

  • Executives.
  • Managers are responsible for creating or managing a balanced scorecard.
  • Financial Officers and Controllers.
  • Process Managers.
  • Strategic Planning Managers.

Course Objectives:

At the end of this balanced scorecard for strategic planning course, the participants will be able to:

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

Targeted Competencies:

At the end of this balanced scorecard for strategic planning training, the target competencies will:

  • 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, and process perspectives are detailed.
  • 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.
  • Implementation plan.
  • 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 can you 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.

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 - 25 Apr 2025
4900 Euro
Casablanca (Morocco)
28 Apr - 02 May 2025
3000 Euro
Istanbul (Turkey)
04 - 08 May 2025
4200 Euro
Barcelona (Spain)
26 - 30 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
Cairo (Egypt)
22 - 26 Jun 2025
3000 Euro
Milan (Italy)
23 - 27 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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