• Using and Building Balance scorecard to improve business performance by Mik Wisnieski

    The Balanced Scorecard has proved to be very popular and very successful since its development in the early 1990's. The potential benefits to the organisation of building and using a Balanced Scorecard include:

    • To equip delegates with tools that aid understanding of Marketing, Risk and Performance management
    • responsibilities.
    • Delegates will also be trained in Basic Accounting as well as how to build an Effective team.
    • They would also learn about the Balance Scorecard and how to use it in enhancing business performance
    • Details of websites that provide useful material on performance measurement
    • At the end of this intensive three days training, delegate will be in position to lead from the front

    However, informal research suggests that up to 2/3rds of Scorecard initiatives are either abandoned or fail to reach their potential largely because of the inadequate process that organisations follow in building a Scorecard.

    This workshop has been specifically designed to show delegates how to successfully build a Balanced Scorecard for their own organisation and how to successfully use the Scorecard for improved performance measurement and performance management

  • Who?

    The workshop is aimed at Regional Directors, Group Heads, Senior Managers; Small and Medium Enterprise Business Owners, Management staff of multinational organisations, Heads of Human Resources and Strategic planning departments, Heads of parastatals and senior government officials involved in performance measurement and management decision making in their day to day activities.

    Attendees will also receive:

    • A copy of the printed workshop materials
    • An electronic (PDF) copy of the workshop materials
    • Copies of articles
    • Details of websites that provide useful material on performance measurement
    • Certificate of Attendance stating title of course
    • Follow-up discussion with the main tutor via email
  • Course Structure

    Day 1
    1. The Balanced Scorecard: what is it and why is it important?
    2. The increasing focus on performance measurement & performance management
    3. Problems with traditional approaches to strategy, planning and performance measurement
    4. Introduction and overview to the Balanced Scorecard
    5. Application and uses of the Balanced Scorecard
    6. Overview of the Balanced Scorecard creation process

    Day 2
    1. Building a Balanced Scorecard
    2. Linking vision, mission and strategic goals
    3. Setting suitable strategic goals
    4. Building a strategy map to deliver these goals
    5. Using the strategy map to build the Scorecard
    6. Checking the Scorecard for Balance

    Day 3
    1. Developing and using the Balanced Scorecard
    2. Designing good key performance indicators(KPI's)
    3. Developing appropriate performance measures (KPI's) for the Scorecard
    4. Key lessons about successful implementation
    5. Cascading the Scorecard through the organisation

    Wrap up Session
    1. What next for you and the Scorecard?
  • The workshop is based on a combination of interactive and hands-on activities, group exercises, case studies and discussions along with informal inputs from the tutor. You will explore first hand the skills and knowledge needed to create and implement a Balanced Scorecard through the use of a case study.

    A strategy map together with appropriate performance measures (KPI's) will be developed along with a prioritized set of initiatives focused on monitoring the execution of the corporate strategy.

    Attention will be focused on creating a plan of action for delegates to take back to their own part of the organisation.

    Our workshops are deliberately small, typically around 30 delegates per workshop – In order to maximise personal learning and impact. Our workshops are also very interactive and also provide an opportunity to network.

  • Organisational Impact
    Delegates will be able to apply key management principles and techniques upon their return to the workplace resulting in better planning, better performance measurement and better service delivery.

    Personal Impact
    Attendance at the event will result in individuals increasing their knowledge, skills and experience in the use of the Balanced Scorecard.
  • Amount

    ₦ 300,000 per person

    Payment Methods

    Certified bank Cheque (Bank drafts should be drawn in favour of BUSINESS EXECUTIVES ACADEMY NIGERIA LIMITED)

    E-payment to First bank plc. (Account No: 2021633294 Sort-code: 011152390)