Description

What Will Students Learn?

Students will learn how to:

• Define what the balanced scorecard is and its benefits
• Describe common balanced scorecard pitfalls & how to avoid them
• Determine if the balanced scorecard is right for your organization
• Describe the key elements of the balanced scorecard process
• Identify a strategy map, tactical action plan, and balanced scorecard
• Create a vision statement for the balanced scorecard
• Understand what corporate values, mission statements, and vision statements are and how they tie into the balanced scorecard
• Understand what processes support the balanced scorecard

What Topics are Covered?

• Understanding the balanced scorecard
• Creating a vision statement
• Understanding organizational mission, vision, and values
• Plans and processes to build
• Overview of the balanced scorecard process
• Creating a smooth path for implementation
• Balanced scorecard application