Balanced Scorecard Basics Online Course
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. This course will teach you about the balanced scorecard, which can help you measure all aspects of your organization’s success.
Learn the Basics in Balanced ScorecardIntangible 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. This course will teach you about the balanced scorecard, which can help you measure all aspects of your organization’s success. You will begin this course by learning what the balanced scorecard is and what types of organizations it is most useful for. Then, you will review some sample scorecards, strategy maps, and tactical action plans. You will also learn how to develop your organization’s mission, vision, and values (which form the basis for the balanced scorecard); a project vision statement; plans to implement the scorecard; and balanced scorecard teams. Learning outcomes:
- Define what the balanced scorecard is.
- Identify the benefits of the scorecard.
- Describe the common balanced scorecard pitfalls and 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 process.
- Identify the components of supporting balanced scorecard plans.
- Understand what processes you will need to support the balanced scorecard.
- Identify the members of different balanced scorecard teams.
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