Centre for Competitiveness

Knowledge is power

 

STRATEGY MAPS &
THE BALANCED SCORECARD

“It is easy to sit up and take notice. What is difficult is getting up and taking action.”
Al Batt

INTRODUCTION

For any organisation there is a fundamental imperative to be able to develop a clear strategy for its future success. The use of strategy maps and balanced scorecard enables organisations to clarify their vision and strategy and translate them into action. It provides feedback around both the internal business processes and external outcomes in order to continuously improve strategic performance and results. When fully deployed, the use of strategy maps and the balanced scorecard transforms strategic planning from an academic exercise into the driving force of an enterprise.

WHY ATTEND?

The aim of this session is to introduce the principles of Strategy Maps and the Balanced Scorecard and show how they can be used to develop and align objectives and targets, monitor performance and drive improvement. The session will include a short exercise giving participants an opportunity to begin constructing a strategy map and a scorecard for a typical organisation. The session will also allow you to understand the key elements and aims of strategy maps and the balanced scorecard and how to use and implement them, in an integrated manner, to manage and measure organisational performance.

AGENDA

  • Learn how to maximise the benefits from adopting strategy maps and the scorecard in your organisation
  • Learn how to best identify the key strategic drivers
  • Identify the hurdles/roadblocks that may be ahead and what lessons have been learned
  • Learn how to optimise Performance Management

IN-HOUSE OPTION

Note that training and facilitation for Strategy Maps and Balanced Scorecard is also available as an in-house option. Please contact us for further information.

Centre for Competitiveness