In today’s competitive scenario, strategic management is a necessary part of any organization’s success. Adding the balanced scorecard can allow businesses to see exactly where they are going, and what needs to be changed to meet their long-term goals. It allows managers to better follow and understand not only how their staff is performing, but also how that performance relates to the overall growth of the organization. The course will help you to diagnose the reasons for the lack of performance in an organization, develop the four perspectives of a balanced scorecard, aspects of performance measurement, understand how balanced scorecard can be used to improve the performance planning process, understand success factors for balanced scorecard implementation. You will also be able to create scorecard based KPIs, leading & lagging indicators for effective performance planning, use strategy maps to build integrated balanced scorecard.
Certificate accredited by the Carlton Advanced Management Institute(CAMI) Board approved by HRCI
MODULE 1: UNDERSTANDING BSc What is performance? What is Performance Planning? Why BSc? What is BSc? Perspectives of BSc MODULE 2: STRATEGIC PLANNING What is Strategic Planning? Strategic Management Process Strategic Analysis Strategic Choice MODULE 3: STRATEGY MAP Strategy Map Financial Perspective Customer Perspective Internal Perspective Learning and Growth MODULE 4: CREATION OF BSc Building Metrics Lead and Lag Indicators Understanding Initiatives MODULE 5: CASCADING What is Cascading? The Cascading Process Key Success Factors
About Course Provider
Middle Earth HR is today one of the largest specialist training, education and knowledge support companies for HR professionals worldwide. It was founded by Nitin Sanker and Nandita Sanker in 1996.The duo strongly believed that HR in Organizations play a vital role in bringing smiles to the employees and their productivity. They aimed to build HR and thus human happiness by creating learning opportunities and bringing a change in HR in Organizations.
Under the leadership of Nitin Sanker, MEHR has partnered with Carlton Advanced Management Institute (CAMI), a global affiliating partner and a research body. MEHR extended certifications for its training programs which were hugely successful because of its curriculum, industry validation, and experiential trainers.
MEHR takes pride that it has trained more than 35000 HR professionals from all levels across the globe and also has partnered with more than a 1000 companies in their HR training & development.
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