Balanced Scorecard Training Online

Over the past several decades, organizations have come to realize that success cannot only be measured in dollars and cents. Intangible assets (like a company’s reputation, the knowledge base created by their employees, and training initiatives) can make up a huge portion of a company’s wealth. It only makes sense, then, that we need a new tool to help us measure this expanded definition of success. Enter the balanced scorecard! This balanced scorecard training online and its related components will help your organization identify, document, plan, and execute a balanced strategic mission. It will also help your organization evaluate and revise its strategic execution.

This course will introduce you to the basics of the balanced scorecard and help you determine if this powerful tool is a good fit for your organization.

 What Will Students Learn?

• 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

Unit 1

This balalnced scorecard certification online course comprises of the following units;

Balanced Scorecard: Understanding the basics 

The unit 1 covers the following topics:

• Understanding the balanced scorecard
• The Need for the Balanced Scorecard
• Balanced Scorecard Process
• Sample Balanced Scorecard
• Sample Tactical Action Plan

Unit 2

Creating a Project Vision Statement

The unit 2 covers the following topics:

• The Building Blocks for Your Balanced Scorecard
• Plans and Processes to Build Balanced Scorecard
• Building Balanced Scorecard Teams

Understanding the mechanics and value of the balanced scorecard is mandatory for anyone looking to climb the ranks to the highest levels in business. Whether interested in senior management positions, business ownership or simply looking to take on new responsibilities, this accredited online training course could help take your career to new heights. You’ll benefit from the knowledge, skills and confidence required to play a more important and active role in business management than ever before. As a result, enhanced promotion prospects can be expected as standard.

At the end of this course successful learners will receive a Certificate of Achievement from the Quality Licence Scheme and a Learner Unit Summary (which lists the components the learner has completed as part of the course).

This course and/or training programme has been endorsed by the Quality Licence Scheme for its high-quality, non-regulated provision and training programmes. This course and/or training programme is not regulated by Ofqual and is not an accredited qualification. Your training provider will be able to advise you on any further recognition, for example progression routes into further and/or higher education. For further information please visit the Learner FAQs on the Quality Licence Scheme website.

• Members of management with no formal balanced scorecard training
• Those with no idea what the balanced scorecard is or how it works
• Business owners and those interested in starting their own businesses
• Members of the workforce in pursuit of promotion
• Anyone looking to take on new responsibilities at a higher level
• Job-seekers interested in standing out from the crowd with a respected achievement