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Course Code: HRM 3125
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KPI Institute Certified Balanced Scorecard Management System Professional (Live Online)
Course Sector:
HR Strategy and Training
Course Dates and Locations
Choose a date and location to book your seat
No.
Date
Days
Location
Fees
Enrollment
01
5 Days
Online, Virtual $1,500
Introduction
Training course introducion / brief
The training course provides you with relevant knowledge on how to develop and implement a Balanced Scorecard System. This course offers a comprehensive overview on the many benefits any organization can extract from the Balanced Scorecard System implementation. A highly interactive learning experience will enable you to grasp the functionality of the Balanced Scorecard, and leverage on its benefits to advance strategy execution. The course focuses on delivering all the information needed to fully comprehend the value of the Balanced Scorecard, as well as on developing the necessary skills for a successful implementation.
Course Objectives
At the end of the training course, participants will be able to
- Comprehend fundamentals of a Performance Management System;
- Transpose the organizational strategy into a Balanced Scorecard Management System;
- Learn how to integrate the components of a Balanced Scorecard Architecture;
- Differentiate between objectives, KPIs, and initiatives
Course Audience
Who is this course for, and can benefit the most
Professionals interested in measuring performance:
Professionals interested in Balanced Scorecard Management System from the finance, human resources, production,logistics, information technology and other fields, will acquire the competency to apply all the above-mentioned concepts in their organizations, immediately after the course.
Top/middle/lower management professionals:
Executives or operational managers, regardless of their field of expertise, will gain the ability and knowledge to measure performance and maximize the value of using a sound Balanced Scorecard Management System. The tools and resources offered as part of the training course will enable managers to apply the acquired concepts within their organizations, immediately after the course.
Performance measurement experts:
For professionals like Strategy Manager, Performance Management Officer or Performance Architect, it is important to develop competencies in designing a Balanced Scorecard Architecture, especially in terms of translating the organizational strategy into outstanding results.
Course Outline
The course aims and learning outcomes
Balanced Scorecard -Performance Management Framework:
- What is Balanced Scorecard?
- Balanced Scorecard structure and elements
- The role of the Balanced Scorecard
- BSC terminology
- BSC system architecture
Balanced Scorecard Governance and Performance Leadership:
- Clarify mandate for improvement
- Enlist leadership support
- Balanced Scorecard governance framework
- Build project competency
Organizational assessment:
- Assessment and evaluation
- Internal Assessment
- Performance Management Maturity Model
- Environmental scanning techniques
Strategy Formulation and Integration:
- Defining strategy
- Vision, Mission Statement
- Organizational values
Setting organizational objectives:
- Value drivers
- Goals and Objectives
- SMART Objectives
- Building the Strategy Map
Working with KPIs:
- KPI Balancing
- KPI selection for organizational scorecard
- Importance of KPI Documentation
- Target setting recommendations.
Initiative management:
- Portfolio of Initiatives development
- Initiatives documentation form functions
- Initiatives documentation process
Aligning the BSC across organizational levels:
- Alignment approaches
- Objectives and KPI cascading: Functional area
Managing the BSC system:
- Data governance
- Performance reporting
- Performance review meetings
- BSC system recalibration
Nurture a Performance Culture:
- Communication
- Education
- Engagement
- Comprehensive Performance Management System
- Compensation and Gamification.
Review and Q&A:
- Course review
- Q&A
Providers and Associations
Providing the best training services and benefits to our valued clients
Boost certificate of completion
BOOST's Professional Attendance Certificate “BPAC” is always given to the delegates after completing the training course, and depends on their attendance of the program at a rate of no less than 80%, besides their active participation and engagement during the program sessions.
ENDORSED EDUCATION PROVIDER
Flexible deadlines
Customized dates accordance to your schedule
Shareable Certificate
Earn certificate upon completion
COURSE METHODOLOGY
Our Training programs are implemented by combining the participants' academic knowledge and practical practice (30% theoretical / 70% practical activities).
At The end of the training program, Participants are involved in practical workshop to show their skills in applying what they were trained for. A detailed report is submitted to each participant and the training department in the organization on the results of the participant's performance and the return on training. Our programs focus on exercises, case studies, and individual and group presentations.
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