Balanced Scorecard Books by Paul Niven
Investing in a Balanced Scorecard implementation is a major commitment for any organization, one involving significant investments of time, energy, and other precious resources. Before embarking on this path it’s critical you perform your “due diligence” by learning as much as you can about the system, and determining its applicability for your organization. With that in mind we’ve developed the Balanced Scorecard First Step program.
You and your team could attend one of the many Scorecard training seminars available but doing so could quickly add up to fifteen or even twenty thousand dollars depending on the number of people attending. In addition to the expense, only a few people have learned about the Balanced Scorecard. Why not bring the knowledge to your front door? In this one day session, The Senalosa Group will cover the following topics, ensuring your team is on a level playing field of Scorecard knowledge and has the tools you need to determine if this system is right for you:
Morning session:
- Factors leading to the prominence of the Balanced Scorecard – the rise of intangible assets, our over-reliance on Financial measures of success, and the difficulty of executing strategy
- Answering the call – Balanced Scorecard fundamentals including a review of each of the four perspectives of performance
- Balanced Scorecard terminology
- Success stories
- Strategy Maps – powerful communication tools that bring your strategy to life
- A case study – Your team will apply the knowledge you’ve gained to build a Strategy Map for a fictitious organization
Afternoon session:
- Essentials of successfully implementing the Balanced Scorecard, including:
- A guiding rationale for your Balanced Scorecard
- The power of sponsorship
- Developing an effective Balanced Scorecard team
- Training and communication for Scorecard success
- Building powerful Strategy Maps
- Creating effective measures
- Cascading the Balanced Scorecard to drive organizational alignment
- Reporting Scorecard results
- Linking the Scorecard to management processes (budgeting and compensation)
If you’re from the public or nonprofit sectors, no problem! We’ll make some minor modifications along the way to ensure a successful session for your team.