PERFORMANCE MANAGEMENT: A BALANCED SCORE CARD APPROACH

  • 24 May 2021 to 28 May 2021/
  • Human Resource

Many organizations fail because they use performance management systems which are not linked to vision, mission, and strategy. This traditional performance measures also miss the balanced growth approach. The Balanced Scorecard methodology is a strategic planning and management system that is used to achieve an organization’s goals and to align its operational activities with its vision and strategies. When successfully developed and applied in an organization, the Balanced Scorecard is best practice modern management which constructs performance management systems that work. It applies equally in the private, not-for-profit, and public sectors.

Course Objectives

At the end of this course participants will be in a position to:

  • Identify key performance indicators (KPIs) in realizing strategic objectives;
  • Use the balanced scorecard as a performance management System,
  • Understand how to cascade the corporate strategies to lower levels and
  • Develop objectives, measures and targets that are aligned to the Balanced Scorecard

Course Content

  • The concept of management and strategic management
  • Developing organization Vision, mission and action plan
  • Performance management
  • Identify and manage key performance indicators (KPI)
  • Management by Objective (MBO)
  • The concept of Balanced Scorecard (BSC)
  • Use of Balanced scorecard in performance management
  • Cascading objectives from tier 1 to tier 3

Targeted Group

The course is relevant and suitable for those in charge of performance management and strategic plan development in their organizations.

  • Tour Package No
Course Price: 900,000/=

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