Strategic Planning with the Balanced Scorecard: A Comprehensive CourseLeadership and management

In any city around the world 00447455203759 Course Code: AC/2024/179

Course Description

Course Duration: Five Training Days

Course Language: Arabic or English

Include:

-Scientific material with TAB

-Workshops

-Reception and farewell at the airport

-Daily lunch

-Coffee Break

**Introduction:

Welcome to the strategic planning using the balanced scorecard course, where we place strategy at the forefront of organizational efforts, enabling a laser focus on achieving company objectives. This course provides a robust framework for implementing rapid and effective strategy, leading to breakthrough performance improvement.


**Targeted Groups:**

This course is tailored for:

- Executives.

- Managers responsible for creating or managing a balanced scorecard.

- Financial officers and controllers.

- Process managers.

- Strategic planning managers.

**Course Objectives:**

By the end of this strategic planning using the balanced scorecard course, participants will:

- Translate vision and strategy into practical action to improve organizational performance.

- Understand how to use the Balanced Scorecard to drive improved performance.

- Design and build a balanced scorecard tailored to their organization.

- Align the organization around common goals and objectives.

- Monitor and manage strategic performance effectively.

- Drive operational performance improvement in alignment with the strategy.

- Communicate and manage change effectively to support strategy implementation.

- Develop a personal action plan to drive performance improvement within their organization.

**Targeted Competencies:**

Participants will develop competencies in:

- Balanced scorecard methodology.

- Performance management techniques.

- Change management strategies.

- Effective communication skills for strategy implementation.

**Course Content:**

**Unit 1: A Tool for Managing Strategic Performance:**

- Introduction to the balanced scorecard and its benefits.

- Linking mission and vision to operational activities.

- Detailed exploration of financial, customer, and process perspectives.

- Overview of the balanced scorecard creation process, including strategy maps and strategic themes.

**Unit 2: Developing a Balanced Scorecard:**

- Creating a strategy-centric organization.

- Detailed examination of the Learning and Growth perspective.

- Defining strategy, identifying strategic themes, and building strategic linkages.

- Engaging the leadership team and strategic documentation.

**Unit 3: Monitoring Strategic Performance:**

- Purpose of strategic measures and their relationship with KPIs.

- Lead and lag measures and their implementation.

- Developing appropriate measures using the strategy map.

- Examples of measures for each perspective and mapping strategic initiatives.

**Unit 4: Implementing A Balanced Scorecard:**

- Setting appropriate stretch targets and strategic initiatives.

- Implementation plan and bringing about successful change.

- Communicating the balanced scorecard and cascading it across the organization.

- Strategy review meetings and performance management system.

**Unit 5: Pulling It All Together:**

- Applying the balanced scorecard framework within your organization.

- Creating an outline project plan and identifying key roles and players.

- Case study activities and top tips for success.

- Developing a personal plan of action for driving performance improvement.