Balanced Scorecard Basics

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 tool 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 training will introduce participants to the basics of the balanced scorecard and help them determine if this powerful tool is a good fit for their organization.
  • Recognize importance of defining success more broadly
  • Understand basics of balanced scorecard tool and its benefits
  • Gain skills in using balanced scorecard tool for evaluating and revising your organization’s strategic execution
  • Learn about important facors in building balanced scorecard teams
  • Understanding the Balanced Scorecard
  • The Ingredients for Success
  • Overview of the Balanced Scorecard Process
  • Creating a Project Vision Statement
  • Understanding Organizational Mission, Vision, and Values
  • Plans and Processes to Build
  • Building Balanced Scorecard Teams
340 AZN (VAT excluded)
8 hours
Azerbaijani, Russian or English

28 M/St, Baku Central Hub • Pushkin Street, Demir Yol Plaza, 15,16th floors • Baku AZ1010, Republic of Azerbaijan

T: (994 12) 599-00-61 • T: (99412) 599-00-62 • T: (99412) 599-00-63 •

2013- GRBS®

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