Balanced Scorecards

Date: December 14 2008 - December 18 2008

Location: Cairo, Egypt

Website: http://www.settecltd.com/_public_Course_Details.aspx?ID=6&Serial=1528

About This Event

At the highest level, the Balanced Scorecard is a framework to help organizations to clarify their vision and strategy and translate them into operational objectives that drive both performance and behavior. It is a management system that uses measurement to provide feedback on internal processes and external outcomes in order to improve strategic performance and operational results. The Balanced Scorecard has become established management best practice for many of the world's leading businesses. We can conveniently think of BSC as consisting of 10 steps.

* Clarify the vision.
* Develop business unit.
* Eliminate non strategic investments.
* Review business unit scorecards.
* Communicate the Balanced Scorecard.
* Establish individuals' performance objectives.
* Updates long range plan.
* Conduct annual strategy review.
* 360 degree feedback.
* Corrective actions.

At the end of the Balanced Scorecard training course attendees will be able to:

* Describe the structure and typical content of a Balanced Business Scorecard.
* Translate an organization's strategic themes and objectives into a Balanced Scorecard.
* Use a Balanced Scorecard in a management-for-results environment.
* Know how to use the Balanced Scorecard to align operational activity with strategy.
* Use best practice approaches to overcome obstacles and challenges.
* Understand the Change Management implications of implementing a Balanced Scorecard.

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http://www.settecltd.com/_public_Course_Details.aspx?ID=6&Serial=1528