Balanced Scorecards
Balanced Scorecards, available at $34.99, has an average rating of 3.6, with 13 lectures, based on 15 reviews, and has 190 subscribers.
You will learn about Explain What is the Balanced Scorecard Describe the Three Generations of Balanced Scorecards Explain the Importance of Balanced Scorecard Describe the Various Perspectives of Balanced Scorecard Describe the Various Parameters of Balanced Scorecard Explain What is Performance Management Explain the Steps in Building a Balanced Scorecard Describe the Balanced Scorecard System Elements Explain the Steps for Implementation of BSC Explain What is the BSC Designer List the Tips for Implementing Balanced Card List the Pitfalls of Balanced Scorecard This course is ideal for individuals who are Management Personnel or Managers and Supervisors or Stakeholders, Investors or Business Analysts or Human Resource Department It is particularly useful for Management Personnel or Managers and Supervisors or Stakeholders, Investors or Business Analysts or Human Resource Department.
Enroll now: Balanced Scorecards
Summary
Title: Balanced Scorecards
Price: $34.99
Average Rating: 3.6
Number of Lectures: 13
Number of Published Lectures: 13
Number of Curriculum Items: 13
Number of Published Curriculum Objects: 13
Original Price: $24.99
Quality Status: approved
Status: Live
What You Will Learn
- Explain What is the Balanced Scorecard
- Describe the Three Generations of Balanced Scorecards
- Explain the Importance of Balanced Scorecard
- Describe the Various Perspectives of Balanced Scorecard
- Describe the Various Parameters of Balanced Scorecard
- Explain What is Performance Management
- Explain the Steps in Building a Balanced Scorecard
- Describe the Balanced Scorecard System Elements
- Explain the Steps for Implementation of BSC
- Explain What is the BSC Designer
- List the Tips for Implementing Balanced Card
- List the Pitfalls of Balanced Scorecard
Who Should Attend
- Management Personnel
- Managers and Supervisors
- Stakeholders, Investors
- Business Analysts
- Human Resource Department
Target Audiences
- Management Personnel
- Managers and Supervisors
- Stakeholders, Investors
- Business Analysts
- Human Resource Department
The ‘Balanced Scorecard’ links performance measures by looking at a business’s strategic vision from four different perspectives: financial, customer, innovation and learning, and internal business processes. The Balanced Scorecard is a management tool that provides stakeholders with a comprehensive measure of how the organization is progressing towards the achievement of its strategic goals.
The balanced scorecard translates the organization’s strategy into four perspectives, with a balance between the following:
•between internal and external measures
•between objective measures and subjective measures
•between performance results and the drivers of future results
You should use the balanced scorecard to assess and measure the performance of your organization by customizing the balanced scorecard as per whatever makes sense for your company. A balanced scorecard helps to provide a balanced performance management system to an organization. This is because a balanced scorecard takes into account both short-term and long-term views, which is outside the Sales & Marketing mindset.
The Balanced Scorecard was first introduced in the early 1990s through the work of Robert Kaplan and David Norton of the Harvard Business School. Since then, the concept has become well known and its various forms widely adopted across the world.
To aid clarity and utility, Kaplan and Norton proposed that the number of measures on a Balanced Scorecard should also be constrained in number, and clustered into four groups. Kaplan and Norton proposed that measure selection should focus on information relevant to the implementation of strategic plans, and that simple attitudinal questions be used to help determine the appropriate allocation of measures to perspectives (Kaplan and Norton, 1992).
Course Curriculum
Chapter 1: Introduction
Lecture 1: Introduction
Lecture 2: Explain What is the Balanced Scorecard
Lecture 3: Describe the Three Generations of Balanced Scorecards
Lecture 4: Explain the Importance of Balanced Scorecard
Lecture 5: Describe the Various Perspectives of Balanced Scorecard
Lecture 6: Describe the Various Parameters of Balanced Scorecard
Lecture 7: Explain What is Performance Management
Lecture 8: Explain the Steps in Building a Balanced Scorecard
Lecture 9: Describe the Balanced Scorecard System Elements
Lecture 10: Explain the Steps for Implementation of BSC
Lecture 11: Explain What is the BSC Designer
Lecture 12: List the Tips for Implementing Balanced Card
Lecture 13: List the Pitfalls of Balanced Scorecard
Instructors
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Management Study Guide
pave your way to success
Rating Distribution
- 1 stars: 2 votes
- 2 stars: 1 votes
- 3 stars: 1 votes
- 4 stars: 3 votes
- 5 stars: 8 votes
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