Balanced Scorecard

Balance score card system is widely used by organizations in order to monitor the organizational performance and to effectively align the business operations with strategic goals. It helps in viewing that the broader organizational goals are met or how can we achieve them.

The idea of balance score card was originated by Dr. Robert Kaplan (Harvard Business School) and David Norton. It is a performance measurement framework that uses both the non-financial and financial performance indicators in order to give a holistic and balanced view of organizational performance.

The individuals who are involved in the development of balance score card including executives, managers, planners and analysts.

IKL Certificate

• What are the key concepts of balanced scorecard
• How to use balance score card in order to improve the performance of organizations
• Balance scorecard and its application in different types of organizations
• The award-winning nine step methodology of developing and implementing a balanced scorecard
• Developing performance measures and targets
• How balance scorecard helps in making performance - informed budget
• The scorecard automation and its utilization to get performance information from all parts of the organizations in order to make informed decisions.
• Cascading the scorecard to all levels of an organization
• Revising poorly designed scorecard components
• How to overcome the challenges associated with development of balanced score card
• Examination of planning documents and processes

Institute of Knowledge and Leadership (IKL) has emerged on the global map of learning, talent development and executive education as a highly advanced and qualified training platform. IKL is based in Dubai and serves prominent clients from across the MENASA region.

The distinctive factor about IKL is its significant, highly qualified and skilled pool of global trainers, primarily equipped with state of the art training methods and techniques coupled with the passion to share knowledge and to co - create a value proposition with organizations and their teams. IKL has trainers across the globe from 25 nationalities, over 200+ knowledge areas, and with a cumulative training, knowledge creation, sharing, and dissemination experience for over 1000+ years with over 2 million participants globally.