The Balanced Scorecard puts strategy at the heart of your organization, allowing you to focus 100% of your employees’ effort on the achievement of company objectives. It provides a powerful framework for the rapid and effective implementation of strategy, delivering breakthrough performance improvement.
At the end of this course the participants will be able to:
Translate vision and strategy into practical action and improved organizational performance
Understand how to use the Balanced Scorecard to drive improved performance
Design and build a Balanced Scorecard
Align the organization around commons goals
Understand how to monitor and manage strategic performance
Drive operational performance improvement in line with the strategy
Understand how to rollout a Balanced scorecard across an organization
Create a personal action plan to drive performance improvement within their organization
Executives
Managers with responsibility for creating or managing a balanced scorecard
Financial Officers and controllers
Process Managers
Strategic Planning Managers
Introduction to the Balanced Scorecard
Benefits of the Balanced Scorecard
Linking Mission and Vision to operations
Application and uses of the Balanced Scorecard
The Financial, Customer, Process perspectives in detail
Overview of the Balanced Scorecard creation process
Strategy maps and Strategic Themes
Strategic Measures and Strategic Targets
Create a strategy-centric organization
The Learning & Growth perspective in detail
Define strategy, identify strategic themes and build strategic linkages
Engage the leadership team
Importance of data collection, interviews, and focus groups
Strategic documentation
Work with the Case Study
Strategic objectives and strategic themes
Purpose of strategic measures and their relationship with KPIs
Lead and lag measures
Develop appropriate measures using the Strategy Map
Examples of measures for each of the four perspectives
How to implement the Balanced Scorecard
Lag and lead measures
Determine measures and targets
Map strategic initiatives
Set appropriate stretch targets for each objective
The Strategic Management System and performance management
Map strategic initiatives for HR
Plan for implementation
Bring about successful change
Communicate the Balanced Scorecard
Develop appropriate targets using the Strategy Map and Measures
Cascade the Balanced Scorecard across the organization
We all operate in an increasingly complex commercial and professional environment that requires us to negotiate on a daily basis not only with customers, clients, suppliers and contractors but also with managers, fellow employees, and colleagues within our own organization.
Pressure equipment such as boilers, pressure vessels, heat exchangers, pressure piping, and associated safety equipment are widely used in many industries (e.g., hydrocarbon processing, chemical, power, pharmaceutical, and manufacturing). Pressure vessels and piping store energy and potentially hazardous fluids and thus have inherent safety risks. Pressure equipment designs are performed in compliance with applicable Regulations, Codes, and Standards and follow sound engineering practices to ensure structural integrity and safeguard public safety. The design covers material selection, stress analysis, fabrication, testing, inspection, operation and failure analysis, codes, standards, and regulations.
ASME Plant Inspector Level 1 Course provides the fundamental principles of the inspection, assessment, and management of fixed pressure equipment. The content of the course is delivered in a systematic manner, from the inspection planning process to inspection practices and evaluation of the associated equipment. It is aimed at the upstream and downstream Petrochemical industry but is equally relevant to stakeholders from other sectors that utilize pressure equipment.
One of the most well-known IT management and governance frameworks is COBIT 5 Foundation. The framework is adaptable to all organizations of any size.
In addition to giving you an advantage over your peers in terms of professional growth, COBIT 5 offers internationally recognized principles, practices, tools, and models to assist boost the trust and value in IT.
This training offers insights into the world of corporate finance, risk, and governance. Capital markets are central to the globalization phenomenon and essential for a well-functioning society. Because of this centrality and essential nature to societies, focus and attention must be paid to their proper functioning and oversight. To that end, this program offers an overview of the interaction between management and all other stakeholders. Diverse and complex stakeholder demands are best met by an efficient allocation of resources over an extended period.
This program will provide the participant the know-how to: Understand Strategic alliances; Management system needs of Strategic alliances; Causes of Failure of Alliances; Determining the suitability of a proposed alliance