
The Balanced Scorecard is a widely used concept which helps managers at all levels monitor results in their key areas. The Balanced Scorecard process was launched from an HBR article entitled "The Balanced Scorecard - Measures That Drive Performance" and later by the best-selling book The Balanced Scorecard: Translating Strategy into Action.
There's nothing new about using key measurements to take the pulse of an organization. What's new is the process of broadening the scope of the measures to include four key performance areas:
The Balanced Scorecard allows for the monitoring of present performance but also tries to capture information about how well the organization is positioned to perform well in the future. The Balanced Scorecard has proven equally effective for corporations, non-profits, and governmental agencies. In this two-day program you will learn how to apply the basics of the Balanced Scorecard to your organization or operation and also how to adapt the system to fit your specific needs.
Some of the benefits of using the Balanced Scorecard: