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.