Personal and Business Competencies / Analytical Competencies

Balanced Scorecard

Practical training on the Balanced Scorecard methodology as a strategic management tool. The workshop program focuses on the design and implementation of the balanced scorecard in an organization, taking into account all its perspectives. Participants work on real-life examples, learning how to translate strategy into measurable goals and indicators, and how to use the scorecard in the daily management of the organization.

Issues

Balanced Scorecard
Strategic management
Performance measures
Strategy map
Strategic objectives
Strategic initiatives
Cascading targets
Strategy communication
Strategic reviews
Reporting systems
Change management
Improving the organization

Benefits

Designing and implementing a balanced scorecard
Translate strategy into specific goals and metrics
Effective monitoring of the implementation of strategic objectives
Methods for effective communication of strategy in the organization
Competence in conducting strategic reviews
Strengthening the ability to make decisions based on data

Who is this training for?

Managers responsible for strategy implementation

Strategic control specialists

Managers of planning and analysis departments

Finance directors and controllers

Quality and organizational development managers

Strategic management consultants

Business analysts

Prerequisites

Basic knowledge of strategic management
Experience in managing an organization or team
Knowledge of basic business metrics
Understanding organizational processes

Training program

Four perspectives of the BSC
Linking the BSC to the strategy
Map of the organization's strategy

Defining strategic objectives
Selection of performance measures

Strategic initiatives
Implementation of BSC in the organization
Cascading goals and metrics
Integration with management systems

Change management
Monitoring and improvement
Performance reporting systems

Scorecard update
Process improvement

Delivery Methods

Online

Convenience of participating from anywhere
Interactive live sessions with trainer
Materials available for 30 days
No travel costs

On-site

Direct contact with trainer and group
Intensive hands-on workshops
Networking with other participants
Full focus on learning

Frequently asked questions

Who is the Balanced Scorecard training for?

The target audience includes managers responsible for strategy implementation, strategic control specialists, and managers of planning and analysis departments. Level: intermediate.

How long is the Balanced Scorecard training?

The training lasts 2 days. It is delivered online or on-site.

Will I receive a certificate?

Yes — every participant receives a completion certificate confirming acquired competencies. EITT is ISO 9001 certified.

Can this training be conducted for a closed group?

Yes — we offer dedicated closed trainings for companies. We customize the program to your team's needs. Contact us for an individual quote.