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 Organization?
  • Alignment of Strategy Maps with Balanced Business Scorecard

Module 6: Measurement and Target Setting

  • Measurement
  • Target Setting

Module 7: Aligning the Organization 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 Training in Mumbai 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 Training. However, a basic understanding of strategic planning and performance assessment can be beneficial.

Balanced Business Scorecard Training Course Overview

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

Professionals in Mumbai involved in Strategic Planning, Performance Management, and Organizational 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 organizational strategies.

The Knowledge Academy's 1-day training in Mumbai 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 organizational performance comprehensively. The training ensures that delegates leave with practical knowledge to apply Balanced Scorecard principles in their organizational 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 organizational objectives
  • To measure and evaluate executive performance comprehensively
  • To enhance decision-making by utilizing insights derived from the Balanced Scorecard
  • To apply best practices for successful Balanced Scorecard implementation

Upon completing the Balanced Business Scorecard Training in Mumbai, delegates will be able to manage a Balanced Scorecard system within their organizations. This Business Intelligence 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 Certificate
  • Digital Delegate Pack

Why choose us

Our Mumbai 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.

Mumbai is situated within the West Coast of India, as well as it being the capital of Maharashtra, it plays an important part within the global economics system. Bombay as the city was previously known as, up until 1995 is also known as an alpha world city and has the largest number of millionaires and billionaires across India, with it therefor being noted as the wealthiest city in India. Mumbai is home to around 18.4 million people and is regarded as the second largest metropolitan population within India as of the record in 2011 with 20.7 million people. Schools and Colleges within Mumbai can be found within the city as well as the suburbs and are either run privately, by the government or the Brihanmumbai Municipal Corporation. Secondary schools are operated by the MCGM primary education system to which it is schooling around 485,531 students in 1,188 primary schools and around 55,576 students in 49 secondary schools within eight different languages these being English, Hindi, Urdu, Kannada, Marathi, Tamil, Gujarati and Telugu. Colleges offer students opportunities to participate within Junior college level, undergraduate level, BCom, BSc and BA courses. As stated by the 10+2+3/4 plan students complete ten years at school to then go on to a junior college and study either science, commerce or arts and they complete that over a two year period. University courses at a degree level are offered in a wide range of different subjects such as engineering, law, media, applied arts and architecture, management, dental, pharmacy as well as Commerce and Science. There are a few universities and colleges within Mumbai and these are the University Institute of Chemical Technology, Indian Institute of Technology (Bombay), SNDT Women’s University, Government Law college, Veermata Jijabai Technological Institute, Narsee Monejee Institute of Management Studies, Sir J. J. School of Art which is the oldest art institution within Mumbai along the Thadomal Shahani Engineering College which is also the oldest private engineering college and the first of its kind to join up with the University of Mumbai to be able to give students the chance to learn about the biomedical engineering, computer engineering, biotechnology and information technology. The University of Mumbai is regarded to be one of the premier universities within India with achievements such as being placed within the top 50 engineering schools of the world ranking at 41 by the American Business Insider within 2013 as well as excelling as the 3rd best multi-disciplinary university within the QS university rankings within India.   

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Address

Safal Institute 
613, Corporate Centre
Nirmal Lifestyles Mall
LBS Marg
Mulund (W)
Mumbai 400080

T: +91 8037244591

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Balanced Business Scorecard in Mumbai. 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 Mumbai, 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 Mumbai. 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 Mumbai 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 Mumbai 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 Mumbai starts from INR14995
The Knowledge Academy is the Leading global training provider for Balanced Business Scorecard Training.
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Why choose us

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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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