Performance management using balanced scorecard

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ProjectingIT

Performance Management using Balanced Scorecard

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Performance Management using Balanced Scorecard | ProjectingIT

Course Objectives • Acquire the knowledge and skill to plan, implement and manage the Balanced Scorecard based Performance Management system • Understanding the Balanced Scorecard framework to build Performance Management System • Able to align the Performance Measures to the Organization business strategy

Course Duration Performance Management Using Balanced Scorecard : 4 hrs (One day)

Format •

Instructor Led Live Training

• Learn to successfully design, capture, track and manage the established Performance Measures • Learning about potential challenges in implementing Balance Scorecard and how to overcome • Key Success Factors

Overiew Balance Scorecard is a strategic planning and management system used to align business activities to the vision statement of an organization. Balance Scorecard based Performance Management system attempts to translate the sometimes vague, pious hopes 1 | ProjectingIT | http://www.projectingit.com/

Who should attend? Project Managers, Senior Managers, Engagement Managers, Account Managers, Onsite Coordinators, Delivery Managers, Functional Managers, Programme Managers, Directors, Executives, Sponsors, CEO, PMO staff RESPECT REWARD RECOGNITION


ProjectingIT

ProjectingIT | Performance Management using Balanced Scorecard

of a company’s vision/mission statement in to practicalities of managing the business better at every level of the organization. The course in detail explains Balanced Scorecard Design and Implementation. On the Design phase, participants will understand the concept, purpose, drivers and differentiators of Balance Scorecard. In depth discussion on developing strategy, strategic objectives, strategy mapping then aligned to Performance Measures with Targets and Thresholds. On the Implementation phase, detailed discussions on Implementation challenges; Data collection, validation and reporting; Linking the Performance to Awards and Incentives; Development of Communication plan; Defining criteria for selecting Initiatives that can help Organizations to achieve their goals and objectives.

• Understanding criteria Strategic initiatives

for

developing

Implementation • Understanding Implementation Challenges • Aligning the strategy and process throughout the organization • Establishing Performance Data collection & validation • Cascading the scorecard across organization • Understanding Employee Motivation • Linking Strategy to Resource Decisions • Balanced Scorecard Software’s

Course Outline Concept and Origin • Introduction to Balanced Scorecard • Introduction to Performance Measurement and Management • Understanding Balanced Scorecard Terminologies Design • Developing Strategic Themes and anticipated results • Developing strategic objectives and drivers • Performing Strategic Mapping • Deriving Strategic Performance measures, Targets and Thresholds RESPECT REWARD RECOGNITION

Deliverables • Step-by-Step How-to Courseware • Case Study Project • Assessment Test

Instructions

http://www.projectingit.com/ | ProjectingIT | 2


Performance Management using Balanced Scorecard | ProjectingIT

Benefits This course presents a good insight on how to Design and Implement a Performance Measurement system in the organization. This course discusses how to develop Balanced Scorecard Performance system explores issues that organizations face in building and implementing scorecard systems and shares the lessons learnt. The key to transforming a scorecard in to a management system is to start at the right level of granularity and ‘connect the dots’ among the strategic components – mission, vision, values, pains, enablers, strategic results, themes and strategic objectives. Through case studies and examples this course provides a good understanding to the participants for a successful Balanced Scorecard design and implementation.

3 | ProjectingIT | http://www.projectingit.com/

ProjectingIT

Why ProjectingIT? • Trained over 5000+ professionals on best practice project management and scheduling • Experienced and Subject Matter Expert Trainers • Hands-on training based on real time Project Scenarios based Step-by-Step • Scenario Instructions Manual • Guidelines / Checklist on Best Project Management and Scheduling Practices • Post Training troubleshooting and hand holding

RESPECT REWARD RECOGNITION


ProjectingIT

CONTACT US

ProjectingIT

Unit 215, Building 1, Sector 2, Millennium Business Park, Mahape, Navi Mumbai - 400 903, INDIA

Sonali Dhoke

Tel: +91 22 41 203 9019 Email: info@projectingit.com Website: www.projectingit.com

Megha Koli

Mobile:+91 98331 05660 Email: info@projectingit.com Mobile: +91 983 315 6932 Email: megha@projectingit.com


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