Developing a Balanced Scorecard

Developing a Balanced Scorecard Workshop

A Balanced Scorecard is a set of measures that provide a comprehensive business overview. It includes not only measures that track past actions, but also those that drive future performance. In this workshop you will build the skills to create a strategy map and a Balanced Scorecard for your organization, and prepare to champion their final development back at work.

Benefits of Attending

Attending this course will help you:
define Balanced Scorecard measures and targets that relate to key objectives
detect important measures that are not currently being tracked
identify cause and effect relationships between important corporate objectives
commit to measurable goals which make success and failure very clear
plan for the development, improvement and refinement of the Scorecard
create cross-functional understanding of the business
generate excitement and ownership among people across the organization
Course Content

Balanced Scorecard objectives and benefits, business models, measures and targets, Scorecards for non-profits
Developing a strategic map/business model: choosing strategic objectives, identifying cause and effect relationships, alternative approaches
Developing a Balanced Scorecard: choosing measures and targets, measurement units, setting targets
Next steps: building support, improving your first draft, introduction to implementation

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