Balanced Business Scorecard in Hong Kong

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Balanced Business Scorecard Training

Hong Kong

Learn how to use Measurement and Target Setting.
Understand how Aligning the Organisation to the Strategy.
What the Business Unit, Functional, Support and Personal Scorecards are.

Dates & Prices Dates & Prices

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

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.

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 Hong Kong 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.

Hong Kong is an autonomous territory of the People’s Republic of China and can be located on the southern coast of China. Hong Kong has a population of around 7 million people. The education system in Hong Kong is mostly based around the English system and it is overseen by the Education Bureau and the Social Welfare Department. One of the earliest schools in Hong Kong was Li Ying College established in 1075. The education level begins with preschool education that is payable education, paid by pupil’s parents. The primary and secondary education is mandatory for every child in Hong Kong to attend from the age of 6 to 18. Higher education remains exclusive in Hong Kong and adult education is a growing sector in Hong Kong, with two non-profit school running evening courses. The University of Hong Kong was founded in 1911 and is the oldest tertiary (higher education) institution in Hong Kong and is organised into 10 academic faculties with English as the main language of instruction. The Education Bureau in Hong Kong also provides educational services for immigrant children from mainland China and other countries. Hong Kong also has 175 internal schools.

Address

62/F & 66/F
The Center
99 Queens Road
Central
Hong Kong

T: +852 2592 5349

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Balanced Business Scorecard in Hong Kong. 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.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Balanced Business Scorecard in Hong Kong, 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.

Learn more in our FAQs

What our customers are saying

Balanced Business Scorecard in Hong Kong FAQs

What is a balanced scorecard?

The balanced scorecard is a strategic performance tool used to keep tracking the execution of functions.

What are the pre-requisites?

There are no formal prerequisites to attend this course.

Who should 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

What are the different four perspectives of the balanced scorecard?

The financial, customer, process, and infrastructure are the four perspectives of the balanced scorecard.

What are benefits of the balanced business scorecard?

Better strategic planning, management information, organisation alignment, process alignment, and improve strategy communication are the benefits of the balanced scorecard.

What is the duration of this course?

This course is 1 day.

What is the cost/training fees for Balanced Business Scorecard Training in Hong Kong?

The training fees for Balanced Business Scorecard Trainingin Hong Kong starts from HKD7995

Which is the best training institute/provider of Balanced Business Scorecard Training in Hong Kong?

The Knowledge Academy is the Leading global training provider for Balanced Business Scorecard Training.

What are the best Business Intelligence Reporting courses in Hong Kong?

Please see our Business Intelligence Reporting courses available in Hong Kong

Why choose us

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.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"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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