Strategic Planning & Execution
Using the Balanced Scorecard

INTRODUCTION

This Strategic Planning & Execution Using the Balanced Scorecard training course helps organizations to put strategy at the heart of everything they do. By translating strategy into a balanced set of objectives - covering Finance, Customer, Internal Processes and People - the 'Balanced Scorecard' approach enables organizations to turn their strategies into operational reality. Clear measures and targets allow leaders to steer their organization towards its long-term goals, and engages managers and staff to contribute more fully to its success.

The Balance Scorecard focuses all resources on achieving the strategy; employees are empowered to develop and perform, internal processes are enhanced to deliver what customers want, and of all this lead ultimately to financial success.

This GLOMACS Strategic Planning & Execution Using the Balanced Scorecard training course will highlight:

• Operationalizing strategy to improve organization performance
• Integrating the Balanced Scorecard to become the nerve-center of the organization
• Engaging and empowering all employees to deliver the strategy
• Putting customer service at the heart of operations
• Enabling leaders to measure and monitor progress towards strategic objectives on a daily basis using the latest web-based technology

Objectives

At the end of this Strategic Planning & Execution Using the Balanced Scorecard training course, you will learn to:

• Build a Balanced Scorecard from scratch, based on your organization’s strategy
• Overcome obstacles to implementing a Balanced Scorecard in practice
• Translate strategy into tangible results to be measured and monitored
• Align people and resources to focus on achieving the strategy
• Adjust and enhance strategy in line with a changing environment

Training Methodology

The key to this Strategic Planning & Execution Using the Balanced Scorecard training is hands-on experience of building Balanced Scorecards from scratch for participants’ own organizations. A variety of team-based activities, videos and discussion are also used to enable participants to grasp the end-to-end process of creating and implementing a Balanced Scorecard.

Organisational Impact

The main benefit of this Strategic Planning & Execution Using the Balanced Scorecard training course is to help people turn an organization’s vision into a practical reality. Other benefits include:

• Delivery of improved operational performance
• Aligning different elements of the organization around a common strategy
• Monitoring ongoing performance improvement
• Communication of strategy to engage all employees
• Aligning strategic initiatives to organization strategy

Personal Impact

Participants will become confident and able to achieve the benefits of the Balanced Scorecard in practice through: 

• Deeper knowledge and understanding of the link between the Balanced Scorecard and Strategic Planning
• Applying a systematic methodology for developing and managing a Balanced Scorecard
• Practical experience in the creation and use of the Balanced Scorecard
• Increased capability to monitor and drive performance improvement
• A methodical approach to rolling out a Balanced Scorecard using the latest web-based technology
• Best practice approaches to engaging stakeholders with the Balanced Scorecard

WHO SHOULD ATTEND?

This GLOMACS Strategic Planning & Execution Using the Balanced Scorecard training course will benefit those who need to understand and enhance the part they play in delivering their organizations strategy. It is suitable to a wide range of professionals but will greatly benefit:

• Executives
• Managers with responsibility for creating or managing a Balanced Scorecard
• Financial Officers and Controllers
• Process Managers
• Strategic Planning Managers