Balanced Scorecard Basics

Balanced Scorecard Basics

Over the past several decades, organizations have come to realize that success cannot only be measured in dollars and cents. Intangible assets (like a company’s reputation, the knowledge base created by their employees, and training initiatives) can make up a huge portion of a company’s wealth.

It only makes sense, then, that we need a new tool to help us measure this expanded definition of success. Enter the balanced scorecard! This tool and its related components will help your organization identify, document, plan, and execute a balanced strategic mission. It will also help your organization evaluate and revise its strategic execution.

This one-day Course will introduce participants to the basics of the balanced scorecard and help them determine if this powerful tool is a good fit for their organization.

Course Overview

• Understanding the Balanced Scorecard
• The Ingredients for Success
• Overview of the Balanced Scorecard Process
• Creating a Project Vision Statement
• Understanding Organizational Mission, Vision, and Values
• Plans and Processes to Build
• Building Balanced Scorecard Teams