Balanced Scorecard Training: planning and implementing
| Next public session: more information soon Location: Bucharest, from 9:00 am to 5:00 pm | |
| Why Balanced Scorecard? | |
| Organizations allocate significant time, energy, human and financial resources to measure performance in achieving strategic objectives. But "less than 10% of strategies efficiently formulated are efficiently executed." (Fortune Magazine). "Strategy has never been so important as now in crisis." (Exegens). | |
| Balanced Scorecard has emerged as an excellent tool to capture, describe and translate strategic objectives of the organizations into objectives fully understood by the organization as a whole, by the division or by parts of the organization and by all employees at an individual or group level, so that strategies be implemented successfully. | |
| Duration of training session: | |
| The training session "Balanced Scorecard: Planning and Implementing" lasts 2 days. | |
| The objectives of the training session: | |
| The two days of practical training focuses on all the activities you need to design and implement the Balanced Scorecard in your organization. | |
| The methodology of the training session: | |
| The training session provides a theoretical and practical approach. The training session will begin with a reminder of the concepts and techniques of traditional strategies and performance indicators. The training methodology includes: PowerPoint presentation, questions / answers, discussions in small groups, reminders, practical examples, demonstrations, case studies, video demonstration, simulations, role plays, participants learning from other participants, brainstorm, solving practical issues raised by participants. The training is based on the KAIZEN JAPANESE management philosophy (continuous improvement of business processes and reducing losses). The training is part of the suite of Productivity courses provided by Exegens. | |
With video presentation | |
| What you will learn: | |
At the end of the training session you will be able to: develop best practices for a performance management system;build Balanced Scorecard in your organization;convert strategy in goals, measures and targets deeply understood by the organization;develop a strategy map;decompile the organization strategy at all departments and employees level;transforme Balanced Scorecard into a Strategic Management System. | |
| Who should attend: | |
| company managers who seek a practical approach to translate strategies at every employee level and want to implement a performance management system;project managers;general managers, sales managers, marketing managers, HR managers, financial managers, controllers, process managers, managers in the Supply Chain of production, distribution and services etc. | |
| Description of topics: | |
Introduction to Performance Management and Balanced Scorecard Background  All you need to know about the Balanced Scorecard, including: how the concept emerged, the four perspectives, the objectives of the "strategy maps", design and coordination of key performance indicators (KPI), causes and effects of business connections and how to acheive objectives through the Balanced Scorecard. Design and Implementation of Balanced Scorecard Theoretical and Applied complete presentation of all steps of design and implementation processes. Specifically, you will learn about: how to prepare the start, how to make the best teams, how to interview the company leaders, how to Map the Strategy, how to determine what strategic measures should be taken, how to identify the achievable targets, the harmonization of initiatives, the reporting system in cascade, the connection with the budgetary system, change management through the Balanced Scorecard, strategic analysis design and construction, presentation of strategic analysis, measures and targets aligned to company, processes, teams and individuals, recovery of strategies, Hoshin Kanri (Policy Deployment Matrix). 3 workshops - work alongside participants in training and Exegens expert: o Workshop I: Mapping the Strategy; o Workshop II: Identifying Targets; o Workshop III: Aligning Initiatives; Transforming the Balanced Scorecard in a Strategic Management System Presentation of changing Balanced Scorecard and key management processes in a strategic management measurement system. Review main concepts: cumulative key performance indicators across the organization, the connection between resources and results and harmonization with the budgetary system, six factors of success in implementation. | |
| In house training: | |
| The training ”Balanced Scorecard: Planning and Implementing” is also available in ”in-house” sessions. Companies must have a certain number of participants or require different types of courses. The cost advantage and the possibility to discuss and solve company specific problems during the training session are two big benefits for such kind of trainings. For details, please view the Exegens training offer. | |
| Consulting services: | |
| Exegens also offers consulting services to design and implement a Performance Management System, helping clients to establish simple and effective directions to increase Productivity (up to 150% of staff, equipment, utilities, materials, logistics and storage), to improve the System of Budgeting and Cost Calculation, to underlie the Right Number of Employees, to have a great Benckmarking and Best Practices system for designing a performance reporting system through the Balanced Scorecard. For details, please consider the Exegens consulting offer. | |
| Costs: | |
| The participation fee is 250 EUR (no taxes included)/ person. | |
| We provide: training map on paper and on CD and coffee breaks. Exegens is not charged with the additional costs for meal, room and transportation. For min. 3 participants from the same company, you have a 10% discount. Exegens clients have a discount of 8%. | |
| Signing up procedure: | |
| Please fill in the sign-up form (see below) and send it at contact training EXEGENS or at fax 021 440 27 76. | |
 Download here the sign-up form | |
Contact: 
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Have your say about the Balanced Scorecard - Planning and Implementing Training: | |
| "By applying what we learned, we certainly will increase our staff involvement and responsibility for the problems to be solved. Thus we will increase efficiency and reduce losses. I wish good luck in the future for the EXEGENS team" (Nicolae Movileanu, CEO, DELTA INVEST) | |
| "This course helped me to clarify many questions and know what to improve on what we have now." (Iuliana Ochea, BCR, Strategy Department) | |
| "I find this course useful for managers who want to improve their business management in a modern and pragmatic way using professional management techniques." (Theodosie Ioan Perju, General Manager, FIRENZE COM) |
