Course Purposes of Strategic Planning Using Well Balanced Scorecard

• Convert vision as well as approach right into practical action as well as boosted organisational performance
• Understand how to monitor as well as manage calculated efficiency
• Style and also develop a Balanced Scorecard
• Drive functional efficiency enhancement in accordance with the method
• Interact as well as handle adjustment

Day 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

Day 2
Developing a Balanced Scorecard

• Create a strategy-centric organisation

• 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

Day 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

• Case study activities

Day 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 organisation

• Strategy Review Meetings

• Case study activities

Day 5
Pulling it all together

• How to make it work in your organisation

• Create an outline project plan

• Identify key roles and key players

• Case study activities

• Top Tips for success

• Create a personal plan of action

• Lessons learned from the programme.