What You Need to Know Before
You Start
Starts 8 June 2025 12:51
Ends 8 June 2025
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7 hours 50 minutes
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Paid Course
Optional upgrade avallable
Overview
This practical online course will provide participants with a good understanding of the Balanced Scorecard (BSC) management methodology and its application. At the end of the online course, participants will be ready to develop and implement an effective Balanced Scorecard (BSC) within the organization.
Syllabus
- Introduction to Balanced Scorecard (BSC)
- Understanding BSC Components
- BSC Perspectives
- Developing a Balanced Scorecard
- Implementing a Balanced Scorecard
- Monitoring and Evaluating Performance
- Case Studies and Applications
- Practical Workshop: Developing Your Own BSC
- Certification Exam Preparation
- Course Conclusion and Next Steps
Overview of BSC methodology
Historical development of the BSC
Key benefits and challenges of implementing BSC
Vision, Mission, and Core Values
Strategic Objectives
Performance Measures and Targets
Initiatives and Action Plans
Financial Perspective
Customer Perspective
Internal Business Process Perspective
Learning and Growth Perspective
Setting organizational strategic goals
Identifying strategic themes and results
Selecting appropriate performance measures
Aligning strategic initiatives
Gaining leadership support
Communicating the BSC across the organization
Integrating the BSC with organization processes
Training and change management
Regular performance reviews and updates
Using BSC for strategic feedback and learning
Adjusting strategies and targets based on performance data
Examining successful BSC implementations
Lessons learned from BSC challenges
Hands-on activities in creating a BSC
Peer review and feedback session
Key topics review
Practice questions and discussion
Summary of key learnings
Guidance on further BSC resources and communities
Taught by
Dr. Rachad Baroudi | KPI Mega Library | 25,000 Students | 172 Countries
Subjects
Business