Essentials of Balanced Scorecard

The key to this Management & Leadership 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.

At the end of this Essentials of 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

This Gulf Rowad Essentials of 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

Organisational Impact

The main benefit of this Essentials of 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