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 Cincinnati 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 Cincinnati 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 Cincinnati 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 Cincinnati 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 Cincinnati, 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 Cincinnati 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.

Cincinnati is a city in the state of Ohio. It is the third largest city in the state and the 65th largest city in the United States. It has an estimated population of around 297,000 people. Education in the USA is provided by both public and private schools, and is mandatory until the age of 16.  Pupils conducting their schooling within the USA start off at preschool, followed by elementary school, then middle school, before finishing at high school.  At age 18, US citizens are able to engage in higher education.  Higher education in the USA normally comes in the form of a college, undergraduate school, or a community college – that latter of which doesn’t normally cost anything to attend.  Candidates participating in a course at a college will gain credits towards a bachelor’s degree, whilst candidates participating a course at a community college will be earning credits in order to achieve an associate’s degree. The public school system in Cincinnati is over seen by the Cincinnati Public School District. The district includes 16 high schools. It is the third largest school district in Ohio and is rated as “effective” by the state. Cincinnati is the home to the first public Montessori school. Montessori is an educational approach that encourages independence in learning. The highest rated Cincinnati public school is the Walnut Hills High School which was ranked 34th in the country on a list of the best public schools. The University of Cincinnati which was founded in 1819, is one of the 50 largest in the United States. The university is one of the country’s top graduate research facilitates in engineering, music, architecture, archaeology and psychology. It is one of the top 550 universities in the world. At The Knowledge Academy we offer over 50,000 classroom based training courses in the United States, including popular locations such as Cincinnati.

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Address

35 West 5th Street

Cincinnati,

OH 45202,

United States

T: +1 7204454674

Ways to take this course

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

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 Cincinnati 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 Cincinnati starts from $1595
The Knowledge Academy is the Leading global training provider for Balanced Business Scorecard Training.
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Best price in the industry

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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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