Implementing the Balanced Scorecard

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Objective

This two-day course is a detailed review of the practicalities of the Balanced Scorecard. It provides delegates with the actual tools to implement a Scorecard within their organization and establish the supporting strategically orientated management system.  

For further information, training pack licenses, or booking details for this course, please email us at MEC.Courses@mecservices.co.uk.  or telephone 01502 512814

The course, with its emphasis on practical steps, would appeal to those managers who have been given the responsibility for project managing the implementation of this Corporate Performance Management initiative. 

A basic understanding of Corporate Strategy and the principles of the Balanced Scorecard is a prerequisite for this course. The course is targeted at commercial organisations but the techniques are equally applicable in the 'not-for-profit' environment.

We can also offer a version of this course that is tailored at managers with responsibility for the Information Technology function. The course includes the standard content, as described below, and an additional section devoted to the creation of an IT scorecard.

Principles of the Balanced Scorecard Course

We also offer this course that would be of value for people who feel they need some basic grounding in the Balanced Scorecard before tackling the implementation course.

Strategic Management Course

Those that are fairly new to Strategic Management may want to consider this course before embarking on Corporate Performance Management training.

"Implementing the..." Course Agenda

1) Introduction

2) Part 1 - Review of Principles of the Balanced Scorecard

3) Part 2 - Implementing the Balanced Scorecard

• Preparation of Strategy Map and objectives

• Deciding on Measures

• Calculating Targets

• Reviewing Initiatives

• Allocating Budgets

• Key Processes

4) Part 3 - Working with the Balanced Scorecard

• Managing with the Scorecard - Strategic and Operational Measures

• Cascading scorecards through the Organisation

• Employing software tools

Course Programme and Costs

1) Public Course

There will be a 20-minute break in both the morning and afternoon sessions.

b) Course Cost: £785 per participant (+ VAT) N.B. Course cost includes lunch, refreshments and all course materials.

c) Please note that this course operates with a maximum of 20 attendees and a minimum of 5.

d) Our course schedule

2) In-house course

a) Programme: Details to be agreed between your company and MEC Services

b) Course Dates: Course is usually available about 4 weeks after agreement on the Programme

c)  Course Cost: 1 - 5 Attendees £3,355 (+ VAT), 6 - 10 Attendees £4,615, 11 - 15 Attendees £6,295

d) We offer a range of discounts, subject to certain conditions, for small and medium sized businesses on in-house courses

N.B. These prices assume that you will be bearing the cost of the course venue and excludes all attendee meals and accommodation; however, it does include all course materials and Course Director's expenses.

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