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Getting the Best Value from BSCs - Port Morseby - October'17

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PNG Institute of Bankers & Business Management

Lawes Road

Port Morseby

Papua New Guinea

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Achieving better Strategic Planning and Strategy Execution
3 Day Workshop - Port Moresby

http://www.balancedscorecardaustralia.com/bsa/course.aspx?id=53

Course Overview
‘Getting the best value from Balanced Scorecards’ is a three day interactive workshop designed to help executives and management teams get the best value from an existing scorecard system. It is focused on the development of scorecard management systems and the internal resources and mechanisms necessary for success. The workshop will also be of great value to staff who are involved in the initial development and implementation of a scorecard system.

The course is based on the Balanced Scorecard Institute’s award winning Nine Steps to Success™ framework and thousands of hours of consulting and training experience in the use of scorecards and KPIs to improve organisational performance. The emphasis is on gaining understanding of the processes that are used and learning about current best practices.



Who Should Attend & Why

This workshop is highly recommended for leaders, managers, planners, and members of scorecard development teams who are seeking to achieve the successful implementation of a balanced scorecard system. The workshop is also ideal for any business professional who wants to keep abreast of the latest thinking in strategic planning, alignment, management, performance measurement and strategy execution.



Course Outline

DAY 1
Module 1: Introduction: Overview of the modern Balanced Scorecard (BSC) Methodology and the use of KPIs

  • The evolution of modern strategic management systems that use balanced scorecards and KPIs
  • Some examples of successful scorecards
  • The key concepts and understandings underlying the Balanced Scorecard methodology
  • The Nine Steps Model for building and implementing a scorecard system


Module 2: Clarifying an organisation’s Strategic Framework (Steps 1 and 2)

  • Using established analytic frameworks to set Strategic Direction
  • Developing a Stakeholder Value Proposition
  • Choosing useful Balanced Scorecard Perspectives
  • Selecting Strategic Themes and developing Strategic Objectives




DAY 2
Module 3: Building effective Balanced Scorecard Systems 1 (Steps 3-5)

  • Using BSC implementation teams
  • Developing Strategy Maps
  • The importance and use of Objective Commentaries


Module 4:

  • Developing Performance Measures and Targets
  • Performance Monitoring and Reporting




DAY 3
Module 5: Building effective Balanced Scorecard Systems 2 (Steps 6-8)

  • Developing the projects that improve performance
  • Using strategy budgets
  • Automation and analysis
  • Cascading and strategic alignment


Module 6: Implementation – Getting it Right (Step 9)

  • Using Teams
  • Monitoring, system leadership and management
  • The importance of communicating with staff




Learning Objectives

Participants will develop understanding and skills related to:

  • How the balanced scorecard methodology and KPIs work to continually improve organisational performance.
  • how to choose and use performance measures and targets .
  • How to choose the best strategic initiatives to move your organisation forward.
  • Scorecard Implementation, Execution and Sustainment




Learning Approach

The 3 day workshop is a ‘hands-on’ training program. It will use client examples and a detailed case study organisation to demonstrate the necessary underpinning knowledge for developing successful balanced scorecard and KPI systems. There will be extensive hands-on sessions in small groups to practice developing strategy maps, objective commentaries, performance measures, strategic initiatives and scorecard management systems (applying what has been learned).



Discounts Available

  • Early-bird Discount: A 10% discount is available for payments received 45 days prior to course commencement.
  • Group Discount: 10% discount for each participant from the same organisation after the first registration.

  • See our website for discount details: www.balancedscorecardaustralia.com
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Date and Time

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PNG Institute of Bankers & Business Management

Lawes Road

Port Morseby

Papua New Guinea

View Map

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