Course Overview

What Will Students Learn? 

Students will learn how to: 

• Define what the balanced scorecard is and its benefits 
• Describe common balanced scorecard pitfalls & how to avoid them 
• Determine if the balanced scorecard is right for your organization 
• Describe the key elements of the balanced scorecard process 
• Identify a strategy map, tactical action plan, and balanced scorecard  
• Create a vision statement for the balanced scorecard  
• Understand what corporate values, mission statements, and vision statements are and how they tie into the balanced scorecard  
• Understand what processes support the balanced scorecard 

What Topics are Covered? 

• Understanding the balanced scorecard 
• Creating a vision statement 
• Understanding organizational mission, vision, and values 
• Plans and processes to build 
• Overview of the balanced scorecard process 
• Creating a smooth path for implementation 
• Balanced scorecard application