Bodhih.com | Human Resources | Balanced Scorecard – Comprehensive Program Including Action Planning

Balanced Scorecard – Comprehensive Program Including Action Planning

Traditional systems measuring the performance of a business unit are usually based on short-term ﬁnancial goals. Such systems are no longer appropriate to master the challenges which confront companies nowadays. Besides a more thorough consideration of the objectives of relevant stakeholders, companies have to ensure that their strategy is translated into corresponding actions.

In this context, Kaplan and Norton developed the Balanced Scorecard concept, a methodology that has achieved wide publicity among both scientists and managers. The Balanced Scorecard claims to ﬁll the gap between the development of a strategy and its realisation by supporting and linking four critical management processes:
• clarify and translate vision and strategy
• communicate and link strategic objectives and measures
• plan, set targets, and align strategic initiatives
• enhance strategic feedback and learning

Balanced Scorecard – Comprehensive Training Program can be offered to Corporate Clients, SMEs, Colleges and Private and Public establishments across India. All our programs are customized to suit the participants’ training needs. A detailed Training Design Document will be sent before the implementation of this training program.

Key Learning Points:

	Leading to a more strategy-oriented action planning
	Providing the management with a comprehensible information tool
	Giving all employees a better understanding of the company strategy
	Development of an outline Strategy Map
	In Preparation of first draft scorecard, including perspectives
	In Testing of first draft Scorecard
	In Reviewing and re-drafting of the scorecard as necessary

Ideal/Useful for:

• Managers
• Supervisors
• Team Leaders

Learning Areas:

• Strategically important objectives
• Measurements that can be used to quantify progress towards these objectives
• Targets for performance levels required (and timescales)
• The plans and actions that will be implemented to achieve the objectives
• Reviewing and re-drafting of the scorecard as necessary
• Ensuring measures are properly defined
• Establishing what is currently measured and designing new measurement systems where needed
• Establishing current performance levels
• Setting up monthly reporting system

People who visited this page have also found the following programs interesting:

Developing a Culture of High Performance, Sales Planning and Strategizing, Balanced Scorecard Awareness, Competency Mapping and Skill Matrix for Performance Enhancement, Developing and Using Competencies for Organizational Effectiveness, Ensuring Employee Engagement through HR initiatives, HR Strategy for Organizational Development, HR Training for HR Staff, Performance Management.

Training Locations:

We have offered Corporate Training Solutions across India including cities like Bangalore, Chennai, Mumbai, New Delhi (+ Gurgaon, Ghaziabad, Faridabad and Noida), Kolkatta, Hyderabad, Trivandrum, Cochin, Coimbatore, Pondicherry (Pondy), Goa, Vijayawada, Vizag, Vishakapatnam, Rajamudry, Belgaum, Mysore, Padubidri, Mangalore, Chitradurga, Hospet, Nagarcoil, Tirunelveli, Chandigarh, Karnal, Lucknow, Meerut, Ahmadabad, Baroda, Rajkot, Pune, Lonavla, Jaipur, Dewas, Indoor, Bhopal, Bhubaneswar, Gawahati and Raipur.