Introducing the Balanced Scorecard

Who Should Attend?

Top level executive teams responsible for achievement of corporate results and management teams who will lead implementation in their area.

Event Objectives

• The impact of managing with the Balanced Scorecard
• Understand the requirements for implementing the Balanced Scorecard
• Envision the future in terms of balanced objectives for your part of the business
• Create a small number of clear objectives in each area of focus
• Determine how to measure success in reaching objectives
• Plan for implementing the Balanced Scorecard
• Determine a governance process and structure that ensures sustainable success across the organisation

Event Topics:

• The role of objectives in translating Vision to strategy
• Creating objectives to meet strategic goals
• Determining appropriate measures to influence behaviour
• The reporting process
• Implementing a Scorecard
• Preparing plans
• Managing with a Balanced Scorecard

Event Information

Duration: 2 Days
Format: Facilitated by an experienced executive and change manager. Can be run as a series of weekly meetings within an implementation project.
Maximum: 18 participants

Benefits:

A Balanced Scorecard of critical objectives, measures and key performance indicators enables the organisation to identify and focus on the key factors that ensure sustainable results. Financial success is achieved through effective management of factors that affect the customer, internal performance and organisational capability and learning. A balanced set of objectives and measures and performance indicators, with associated relevant management information enables clear communication and understanding of business strategies, supports good decision-making in all parts of the business and helps translate strategy into action. This event enables the senior management team to develop the scorecard framework for their business and plan for its effective implementation.

Follow-up Events:

• Leading through Change
• Managing Successful Projects