What is Balance scorecard?

The Balance scorecard is a strategic management tool which will help you implement your strategy and measure your progress towards achieving your strategic goals and objectives. The BSC development process begins with your strategic objectives. The development process firstly entails identifying the most important aspects of your business at which you must excel in order to achieve your objectives. You will identify the key drivers of business performance. Setting up measures (or KPI’s) associated with these areas which ensure your employees focus on them and improve performance.

Why do we need Balance scorecard?

The Balanced Scorecard allows your management team to examine and Communicate strategic objectives and measures; and enable responsible Operating divisions, managers and departments to be accountable for their Performance and the achievement of corporate goals and mission through measurements. The Balanced Scorecard also facilitates companies towards.

Why this program?

Information Technology is the backbone and an important asset for any business today. However, many IT Managers struggle to have the IT department considered as a valued strategic partner by the rest of the organization. Plenty of management tools have been designed to increase focus on IT issues as value drivers, but few combine local relevance and operational benefits with strategic goals and corporate alignment as effectively as the Balanced Scorecard methodology.

Learnings

• This workshop will help you clarify your corporate vision statement and translate into a strategy.
• You will be able to identify the most important areas of IT that contribute to corporate strategy.
• You will use Strategy mapping to identify the key drivers of IT performance.
• You will learn how to use BSC to establish a long-term plan and an annual budgetary process.
• How to formulate & develop key performance indicators and KPIs – understand Lead & Lag indicators.
• How to design & implement a good IT balanced scorecard.

HANDS ON. GETS YOUR HANDS DIRTY !

This not a discussion only workshop, delegates will go through actual demonstrations and they will have the opportunity to be coached by the workshop professional consultant in a real hands-on session. The hands-on sessions will include installation of software and other utilities that are essential to know when it comes to balance scorecard  Delegates will be able to use BSC to establish a long-term plan and an annual budgetary process.

MAIN WORKSHOP OBJECTIVES

• review best practices in building and implementing an IT balanced scorecard strategic management system.
• cascade the system to encompass allIT operations.
• employ change management to sustain the system.
• practice facilitation and coaching skills that will be useful in your organization.
   

WHO SHOULD ATTEND?

• Corporate Planners,
• Strategic Planners
• Business Development Officers
• All Dept Heads
• Directors & Managers