Balanced Scorecard (BSC)
IMF Academy
Duration: 8 Weeks
Contact us
(The fee for this distance learning course is € 2.180,- for VAT registered companies in the EU countries (0% VAT). Participants from all other countries please contact us for the actual price.)
Detailed information
| Type: | Courses |
|---|---|
| Method: | Online |
| Requirements: | This learning distance course starts every third thursday of the month. For actual dates and prices check our website. This learning distance course starts every third thursday of the month. For actual dates and prices check our website. Since it is a learning distance course you can choose when and where to study. You need approximately 4 hours to study one lesson. This course consists of 8 lessons. |
Do you need further information?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course program
LESSON I
Why organisations need a Balanced Scorecard
* Initial introduction to the BSC and its development
* An overview of the BSC theory
* The use of the four perspectives
* The BSC compared to other theories
* Could the BSC concept be of use to your organisation?
LESSON II
Value Based Management using the BSC
* Why value value?
* What drives value?
* The goal of VBM is the improvement of performance
* Using the BSC to monitor and improve value drivers
LESSON III
A deeper understanding of the four perspectives
* The financial perspective
* The customer perspective
* The internal process perspective
* The learning and growth perspective
LESSON IV
Translating strategy into measures
* Corporate strategy and the consequences of performance management
* Business unit strategy and the consequences for performance management
* Strategy drives the scorecard
* Building a scorecard that suits your strategy
LESSON V
The alignment of management control processes
* Using the BSC in a management control process
* Traditional and other definitions of management control
* Control mechanism to drive strategic renewal
* Effective management control requires alignment
* Setting up an effective management control system
* Programme selection
* Budgeting
* Operations and measurement
* Reporting and analysis
LESSON VI
Information technology as an enabler
* Data warehousing
* ERP
* Intranet and extranet
* The possibilities offered by IT
* Vendors
* What to look for when selecting a vendor
* Challenges when automating a BSC
LESSON VII
Orchestrating change using the Balanced Scorecard
* Critical success factors in implementing the BSC
* Developing leadership for the changes the BSC will bring
* Developing a business case
* Developing a change strategy
* Building commitment
* Aligning the organisation
LESSON VIII
The project that successfully builds the Scorecard
* More cases
Why organisations need a Balanced Scorecard
* Initial introduction to the BSC and its development
* An overview of the BSC theory
* The use of the four perspectives
* The BSC compared to other theories
* Could the BSC concept be of use to your organisation?
LESSON II
Value Based Management using the BSC
* Why value value?
* What drives value?
* The goal of VBM is the improvement of performance
* Using the BSC to monitor and improve value drivers
LESSON III
A deeper understanding of the four perspectives
* The financial perspective
* The customer perspective
* The internal process perspective
* The learning and growth perspective
LESSON IV
Translating strategy into measures
* Corporate strategy and the consequences of performance management
* Business unit strategy and the consequences for performance management
* Strategy drives the scorecard
* Building a scorecard that suits your strategy
LESSON V
The alignment of management control processes
* Using the BSC in a management control process
* Traditional and other definitions of management control
* Control mechanism to drive strategic renewal
* Effective management control requires alignment
* Setting up an effective management control system
* Programme selection
* Budgeting
* Operations and measurement
* Reporting and analysis
LESSON VI
Information technology as an enabler
* Data warehousing
* ERP
* Intranet and extranet
* The possibilities offered by IT
* Vendors
* What to look for when selecting a vendor
* Challenges when automating a BSC
LESSON VII
Orchestrating change using the Balanced Scorecard
* Critical success factors in implementing the BSC
* Developing leadership for the changes the BSC will bring
* Developing a business case
* Developing a change strategy
* Building commitment
* Aligning the organisation
LESSON VIII
The project that successfully builds the Scorecard
* More cases
Do you need clarification regarding the course program?
Contact the person in charge , free and at no obligation, for information on how to enroll, enrollment limit/availability and more.
Course location
IMF Academy
IMF Academy is an independent publisher focusing on business information for managers and decision-makers in large and middle-sized companies and non-profit organisations. During the past 20 years, we gained a solid reputation by providing to-the-point and valuable information about topics both critical and of current interest.
We are specialist in providing business information by means of distance learning courses; courses fully aimed at self-study. Topics vary from subjects in the area of Information Technology, Finance/Tax, Human Resource Management, Facility Management, Production, Logistics, Procurement and Marketing.
Most courses are in the Dutch language; others are published worldwide in the English language. Our courses are mainly edited by specialists working at the large international consultancy organisations like (among many others) PricewaterhouseCoopers, KPMG, Deloitte, Atos Origin, IBM Business Consulting Services, Capgemini and Ernst & Young. All authors are leading specialists in their field.
We are specialist in providing business information by means of distance learning courses; courses fully aimed at self-study. Topics vary from subjects in the area of Information Technology, Finance/Tax, Human Resource Management, Facility Management, Production, Logistics, Procurement and Marketing.
Most courses are in the Dutch language; others are published worldwide in the English language. Our courses are mainly edited by specialists working at the large international consultancy organisations like (among many others) PricewaterhouseCoopers, KPMG, Deloitte, Atos Origin, IBM Business Consulting Services, Capgemini and Ernst & Young. All authors are leading specialists in their field.