Course Details

Basic Course on Strategic Planning is provided here. Guidance here is provided by experienced industry based professionals. Detailed course materials are given. Every kind of assistance regarding the course during the sessions are provided by our institution.

Course fundamentals:

• Overview of the Balanced Scorecard (BSC)
• Introduction to performance management and measurement
• Definitions
• Advantages of using BSC performance systems
• Contrast private sector and public agency use of scorecards
• Key questions the BSC seeks to answer
• Sample BSC performance measures
• Meeting the challenges of scorecard systems
• Indicators of successful projects
• Building the Balanced Scorecard
• Using an organisational assessment to set vision, mission and strategy
• Identify customer groups and develop the Customer Value Proposition
• Develop strategic themes and strategic results
• Develop strategic objectives and strategic success drivers
• Strategy mapping - develop cause-effect relationships among the objectives
• Derive Strategic Performance Measures, Targets
• Develop Strategic Initiatives
• Define Criteria for Selecting Initiatives
• Implementing the Balanced Scorecard
• Implementation issues
• Aligning strategy and work throughout the organisation
• Collect, verify and validate performance data
• Transforming data into information
• Developing an internal and external communication plan
• Cascading the scorecard throughout the organisation
• Employee motivation
• Linking strategy to resource decisions
• Linking performance to rewards
• Scorecard roll out, training and change management
• Using performance information to improve organisation performance
• Next Steps
• Integrating the scorecard with other enterprise management systems
• Integrating the scorecard with other enterprise information systems
• Best practices
• Getting Your Scorecard On Track
• Overcoming obstacles and challenges within your organisation
• Integrating the scorecard with other enterprise management and information systems
• The role of consultants
• Time and schedule estimates
• Develop an Action Plan based on your organisation's readiness