Balanced Scorecard - Implementing

Overview/Description
Target Audience
Expected Duration
Lesson Objectives
Course Number

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Overview/Description
In "Balanced Scorecard: Implementing the Balanced Scorecard," you will learn the importance of using a balanced scorecard as a tool to measure corporate performance relative to your company's strategies. You will also identify the four perspectives of a balanced scorecard, understand how to apply the steps to build a balanced scorecard for your organization, and learn how to construct a strategy map to support your balanced scorecard.

Target Audience
This course is for executives, directors, and managers who are seeking to formalize their corporate strategy and looking to implement the balanced scorecard within their organization to achieve strategic business objectives. It is recommended that individuals take the first course in the series or have equivalent knowledge..

Expected Duration (hours)
3.0

Lesson Objectives

Balanced Scorecard - Implementing

Identify fundamental changes in the business environment

Identify reasons for implementing a balanced scorecard

Identify the perspectives of the balanced scorecard

Identify the importance of setting objectives and measures when developing a balanced scorecard

Sequence the steps for building a balanced scorecard

Identify the factors that impact the financial perspective

Identify the factors that impact the customer perspective

Identify the categories that impact the internal process perspective

Identify the categories that impact the learning and growth perspective

Match the characteristics of measures to each perspective

Identify how strategy maps support balanced scorecards

Identify the process for building a strategy map

Course Number:
en_US_41402_ng