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Balanced Business Scorecards

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Training course summary

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How to create comprehensive business measures that drive performance improvement

Regions:
  • South East England
Delivery:
  • Public
Category:
Difficulty:
  • Intermediate

Further Details

The balanced scorecard is an essential tool in creating a snapshot of the health of the whole business. You can use it to generate short term profitability and ensure that the business is continually evolving toward a more secure position. It allows organisations to implement strategy rapidly and effectively by integrating the measurement system with the management system

This event teaches participants to design their own framework of balanced financial and non-financial measurements capable of communicating the strategy and facilitating organisational change. Learn to create a balanced scorecard and then use it to best effect.

[Created in 1992, the Balanced Scorecard concept has been implemented in thousands of organisations worldwide. It has spawned Institutes, Collaboratives, Books, Software, Conferences, Consultancies, even a US Hall of Fame. But many people are still unclear about what it is exactly, and where to start – this workshop has the answers.]

Outline of the Workshop
 What are balanced scorecards and why are they useful?
 The balance of Strategic and Operational measures
 Balancing hard and soft outcomes, financial and non-financial measures
 Measures that help and measures that mislead
 A process for creating your own balanced scorecard
 A system for using your scorecard effectively to minimise energy loss

Benefits of attending – you will leave the event knowing:
 How balanced scorecards work and how your organisation could use them
 How to decide which measurements need to be balanced for your business
 How to design your own scorecard and include both short term and long term requirements
 How measures can drive the wrong behaviours

Who should attend?
This workshop will appeal to anyone with the responsibility for facilitating or planning strategic direction or business improvement. It will be of particular interest to senior and strategic managers who are looking to realise and develop their strategic plans.

When and Where: 12th March, London

Workshop leaders: Bob Burton and David Clegg
Back-On-Track Ltd

Guide price

£435

 

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