Training Programs

Workshop on 'Balanced Scorecard & Strategy Map ' on the 15 October at Delhi and 22 October 2016 at Mumbai.

Workshop on 'Balanced Scorecard & Strategy Map ' on the 15 October at Delhi and 22 October 2016 at Mumbai.

Research shows that a majority of organizations fail to achieve their mission and are unable to deliver results promised by their strategic and operational plans. The reason behind such failure most often lies not with the strategy, but the organization’s ability to execute it.

The Balanced scorecard is a strategic planning and management system that is used extensively in organizations worldwide 

 

  • To align business activities to the vision and strategy of the organization,
  • Improve internal and external communications, and
  • Monitor organization performance against strategic goals.

 A Balanced Scorecard framework can provide:


• Focus – Ensures an organization is doing the right things – not simply doing things right (helps avoid concentrating on perfecting a process that has little impact on critical outcomes).

• Alignment – Creates links between and across levels of your organization (particularly helpful to improve an issue that cuts across functional silos).

• Accountability – Spans departments and individuals (identifies what is strategically important, what performance level is needed, and who is responsible).

• Communication – Translates your high-level strategy into words that are meaningful and relevant throughout the organization.

Program provides a deep dive into Palladium’s XPP, based on the Kaplan-Norton strategy executio n approach, arming you with the necessary skills, tools, and foundations needed to clarify the strategy, drive performance, and optimize data for better decision-making.
This exclusive course provides a framework of education that focuses awareness and develops a comprehensive and common systems understanding that embeds strategy management and executio n capabilities in your organization—improving governance, agility, and performance.

Benefit:

  • Processes of effective strategy development and translation
  • Components of a complete strategy map
  • Steps to properly design a Balanced Scorecard
  • Methods and techniques necessary to cascade and align strategy
  • Principles of effective execution and governance
  • Key linkage points between strategy and operations
  • Processes and tools to monitor/test/adapt strategy and improve decision-making

 Course Content:

  • Balanced Scorecard Basics
  • Basic Principles of BSC
  • Why the Balanced Scorecard
  • Challenges of Implementing BSCs
  • Four perspectives of Performance
    • Creating the Strategy Map
  • Key benefits of strategy map
  • Techniques for building strategy map
  • Extend Map into measurements, targets and initiatives
  • Alignment of components
    • Concept in Action
    • Creating Strategic Goals that
  • Have clear outcomes
  • Focused on what the customers/stakeholders expect
  • Are at a strategic level
    • How to Set Specific Measures
  • Types of measurement
  • Defining KPIs
  • Defining outcomes & driver measures
  • Group activities: creating KPIs & measurement
    • How to create initiatives
  • Defining initiatives
  • Mapping initiatives to the strategic objectives
  • Creating your balanced scorecard.
    • Key Learning Points

​​For registration /detailed brochure, please contact manu.khanna@princetonacademy.co.in. 

2 years ago

By Manu

Related Tags :

Social Share : Share      

Comments.....

Submit new comment