Course information

Balanced Business Scorecard Training Course Outline

Module 1: Why Use a Balanced Scorecard?

  • What is Balanced Scorecard?
  • Why Use a Balanced Scorecard?

Module 2: Cause and Effect

  • Cause
  • Effect

Module 3: Four Perspectives of a Balanced Scorecard

  • Financial Perspective
  • Customer Perspective
  • Internal Process Perspective
  • Learning and Growth Perspective

Module 4: Strategic Themes

  • Strategic Themes Overview

Module 5: Translating Strategy into Operational Objectives

  • What is Strategy Map?
  • How Does Strategy Mapping Help an Organisation?
  • Alignment of Strategy Maps with Balanced Business Scorecard

Module 6: Measurement and Target Setting

  • Measurement
  • Target Setting

Module 7: Aligning the Organisation to the Strategy

  • Overview
  • Five Fundamental Steps

Module 8: Business Unit, Functional, Support, and Personal Scorecards

  • Cascading a Balanced Scorecard
  • Cascading Strategy

Module 9: Balanced Scorecard Development Process

  • Build Purpose Statement
  • Design Change Agenda
  • Make a Map
  • Create Great Measures
  • Launch Some Initiatives

Module 10: Balanced Scorecard Implementation

  • Overview
  • Big Mistake that People make when Implementing

Module 11: Managing for Results with a Balanced Scorecard

  • Results-Based Management (RBM)
  • Balanced Scorecard and RBM have in Common Elements

Module 12: Aligning Incentive Schemes

  • What is Aligning Incentive Schemes?
  • Objectives and Priorities

Module 13: Aligning Budget/Resource Planning

  • Overview
  • Continuous Learning Process
  • Advantages

Module 14: Balanced Scorecard and the Management of Change

  • Change Management
  • Goal of Managing Change
  • Case Study

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Who should attend this Balanced Business Scorecard Training Course?

The Balanced Business Scorecard Course is a comprehensive course designed to provide delegates with the skills and knowledge needed to effectively create, implement, and manage a Balanced Scorecard, a strategic performance management framework that aligns business goals and measures performance across various dimensions. This course is useful for the following professionals:

  • Business Managers
  • Business Consultants
  • Strategic Planners
  • Executives
  • Managers
  • Performance Analysts
  • Business Intelligence Professionals

Prerequisites of the Balanced Business Scorecard Training Course

There are no formal prerequisites for the Balanced Business Scorecard Course. However, a basic understanding of strategic planning and performance assessment can be beneficial.

Balanced Business Scorecard Training Course Overview

Balanced Business Scorecard Course introduces delegates to the Balanced Scorecard, a strategic management framework that aligns business activities with organisational goals and objectives. This training explores the relevance of the Balanced Scorecard in providing a holistic and balanced view of an organisation's performance, encompassing financial and non-financial metrics.

Professionals involved in Strategic Planning, Performance Management, and Organisational Development should aim to master the Balanced Scorecard. Understanding this subject is crucial for individuals seeking to enhance their ability to create and implement effective strategic plans, measure performance, and drive overall business success. Mastery of the Balanced Scorecard is essential for decision-makers and executives responsible for shaping organisational strategies.

The Knowledge Academy's 1-day training in the Balanced Scorecard equips delegates with essential skills to effectively design, implement, and manage a Balanced Scorecard system. Delegates will gain insights into developing key performance indicators (KPIs), aligning strategies with objectives, and measuring organisational performance comprehensively. The training ensures that delegates leave with practical knowledge to apply Balanced Scorecard principles in their organisational context.

Course Objectives

  • To understand the fundamentals of the Balanced Scorecard framework
  • To design and implement effective strategic plans using the Balanced Scorecard
  • To develop and align key performance indicators with organisational objectives
  • To measure and evaluate executive performance comprehensively
  • To enhance decision-making by utilising insights derived from the Balanced Scorecard
  • To apply best practices for successful Balanced Scorecard implementation

Upon completing the Balanced Business Scorecard Training, delegates will be able to manage a Balanced Scorecard system within their organisations. This BI Reporting Course empowers them to contribute significantly to strategic planning, performance management, and overall business success.

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What’s included in this Balanced Business Scorecard Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Balanced Business Scorecard Training Certificate
  • Digital Delegate Pack

Why choose us

Our Milton Keynes venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Milton Keynes is a large town located in Buckinghamshire, England. It is in the centre of the Borough of Milton Keynes and is located about 45 miles (72 km) north-west of London. Milton Keynes currently has an estimated population of over 200,000 residents inhabiting the city; it increased from 53,000 in 1961. Schools in Milton Keynes follow the British educational Tripartite System which is divided into three levels: Primary School, Secondary Schools and Higher Education. The education in Milton Keynes is compulsory for children up until they are 16 years old. The city offers over 80 state schools which are Comprehensive School including Stantonbury Campus and Denbigh School, as well as Grammar Schools. The city also includes Private Schools, Webber Independent School, which is a mixes school for children from the ages of 3 to 18 years old, and the Milton Keynes Preparatory School which is also a mixed schools forma age 2 ½ years old to 11 years old. Milton Keynes also offers Special Schools and Alternative Schools for children living in the city including The Redway School and White Spire School. There are four independent Primary and Preparatory Schools including: Broughton Manor Preparatory School, Walton Pre Preparatory School, Milton Keynes Preparatory School, and the Grove School.

Popular searched areas in and around Milton Keynes include:-

  • Bletchley
  • Brooklands
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  • Salford
  • Simpson
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  • Stonebridge
  • Stony Stratford
  • Thornton
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  • Walton
  • Walton Hall
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Milton Keynes is home to The Open University's (OU) headquarters which is situated in the Walton Hall district. It is a public university and was established in 1969 and has nearly 170,000 students; with 156,000 undertaking their undergraduate degrees and 11,000 doing their postgraduates. The Open University has study off-campuses based all over the UK and all over the world. There are many notable current and former academics including astronomer Jocelyn Bell Burnell, editor of Red Pepper magazine Hilary Wainwright, discourse analyst, social psychologist Margaret Wetherell, and space scientist John Zarnecki. Open University's (OU) also has over two million alumni that attended the university. Milton Keynes is notable for its world-famous architect Sir Norman Foster in designing the city as well as the Foster's Beanhill housing scheme.

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Address

Milton Keynes

T: 01344203999

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Balanced Business Scorecard in Milton Keynes. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Balanced Business Scorecard in Milton Keynes, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Experience the most sought-after learning style with The Knowledge Academy's Balanced Business Scorecard in Milton Keynes. Available in 490+ locations across 190+ countries, our hand-picked Classroom venues offer an invaluable human touch. Immerse yourself in a comprehensive, interactive experience with our expert-led Balanced Business Scorecard in Milton Keynes sessions.

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Highly experienced trainers

Boost your skills with our expert trainers, boasting 10+ years of real-world experience, ensuring an engaging and informative training experience

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State of the art training venues

We only use the highest standard of learning facilities to make sure your experience is as comfortable and distraction-free as possible

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Small class sizes

Our Classroom courses with limited class sizes foster discussions and provide a personalised, interactive learning environment

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Great value for money

Achieve certification without breaking the bank. Find a lower price elsewhere? We'll match it to guarantee you the best value

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

Balanced Business Scorecard in Milton Keynes FAQs

The balanced scorecard is a strategic performance tool used to keep tracking the execution of functions.
There are no formal prerequisites to attend this course.
This course is intended for those who want to gain basic knowledge of a balanced business scorecard. It is more suitable for: • Executives • Project Managers • Functional Managers
The financial, customer, process, and infrastructure are the four perspectives of the balanced scorecard.
Better strategic planning, management information, organisation alignment, process alignment, and improve strategy communication are the benefits of the balanced scorecard.
This course is 1 day.
The training fees for Balanced Business Scorecard Trainingin Milton Keynes starts from £1295
The Knowledge Academy is the Leading global training provider for Balanced Business Scorecard Training.
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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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