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Balanced Scorecard

  • 4.7(45,582 Rating)

Course Overview

The Strategy Execution using Balanced Scorecard training course is designed to equip professionals with essential skills and knowledge for turning strategies into operational reality. The Strategy Execution using Balanced Scorecard training in Dubai is an immersive program that trains participants to understand their strategy execution capabilities and build a toolbox of techniques to execute business strategies. Through our Strategy Execution using Balanced Scorecard training in Dubai, participants can master the best industry practices and provide organizations with a greater degree of strategy implementation and improved performance. Ultimately, with the completion of this Strategy Execution course, participants will have a solid understanding of how to apply the Balanced Scorecard to improve organizational performance and achieve strategic objectives.

Course Outcome

Successful completion of the Strategy Execution using Balanced Scorecard training in Dubai will help you to:

  • Gain a comprehensive overview of the tools and techniques to execute business strategies
  • Learn how to build a balanced scorecard from scratch according to the organization’s strategy
  • Explore ways to overcome challenges and put a balanced scorecard into practice
  • Understand how to adjust and enhance strategies and translate them into tangible results
  • Learn ways to align team members and resources to work collaboratively to achieve the desired strategy

Target Audiance

  • CEO: The CEO learned how to align the company's strategic vision with measurable performance metrics using the Balanced Scorecard.
  • CFO: The CFO gained insights into integrating financial goals with broader business objectives through the Balanced Scorecard framework.
  • HR Manager: The HR Manager discovered methods to link employee performance with strategic goals using the Balanced Scorecard.
  • Marketing Director: The Marketing Director learned to translate marketing initiatives into measurable outcomes aligned with the company's strategy.

Schedule Dates

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Balanced Scorecard
17 June 2024
Balanced Scorecard
17 September 2024
Balanced Scorecard
17 December 2024
Balanced Scorecard
17 March 2025

Course Content

  • Balanced Scorecard Background and Introduction
  • Understanding Strategy and Value
  • Cause and Effect
  • Purpose and objectives of the Four Perspectives of a Balanced Scorecard
  • Strategic Themes
  • Translating strategy into operational objectives - Strategy Maps
  • Public Sector Structure and Strategy Maps

  • Balanced Scorecard Structure and Content:
  • Identifying and Aligning:

  • Balanced Scorecard development process and timescales.
  • Balanced Scorecard implementation
  • Managing for results with a Balanced Scorecard
  • Aligning incentive schemes
  • Aligning budget/resource planning
  • Balanced Scorecard and the Management of Change.

  • HR Scorecard

  • Aligning the organisation to the strategy
  • Other Balanced Scorecard Applications:

FAQs

The Balanced Scorecard is a strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organizational performance against strategic goals.

You will learn how to develop a Balanced Scorecard, implement it within your organization, and use it to measure and manage performance. The course covers strategic mapping, key performance indicators (KPIs), aligning business activities with strategy, and continuous improvement.

The course usually combines theoretical learning with practical applications. It includes interactive lectures, case studies, group discussions, and hands-on exercises to develop and implement a Balanced Scorecard.

The course is usually held at major training centers, hotels, or business hubs in Dubai. Specific locations are provided by the course provider upon registration.

Yes, the Balanced Scorecard is a versatile tool that can be applied to a wide range of organizations, including businesses, non-profits, and government agencies, regardless of their size or industry.

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