Using Balanced Scorecard (BSC) as a Performance Management System (PMS) Course


Introduction
The balanced scorecard has gained popularity in the recent years. A vast number of institutions are desirous of using the balanced scorecard a performance management system. While a bsc compliant strategic plan is one of the prerequisites for applying the bsc as a performance management system, many institutions get stuck on how to translate the scorecards cascaded to tier 3 into a performance management system that is aligned to the organization-wide vision and strategy. This is a ‘how-to’ program which is workshop-based that enables the delegates to break down the perspectives, objectives and targets into measurable results and proceeds to offer insights on how to compute the composite

Duration

10 Days

Who Should Attend

Directors of performance management at national and institutional level and HR professionals in public, private and non state actor institutions. Corporate planning teams may also benefit from this course. It is a prerequisite that one should have attended the basic balanced scorecard course prior to attending this course.

Course Objectives

• Translate the personal scorecard into a performance management system;
• Compute the performance scores into final composite performance rating;
• Link the final performance rating to the incentives that are agreed upon corporately;
• Use performance data to improve organizational learning and continuous improvement initiatives.

Course Outline

• An overview of bsc perspectives;
• An overview of bsc compliant strategic plans;
• Weighting the perspectives;
• Cascading the bsc from tier 1 to tier 3;
• Developing bsc compliant job descriptions;
• Weighting tier 3 scorecards;
• Weighting technical and behavioral competences;
• Computing the composite score;
• Linking composite scores to incentive system and organizational learning;
• Performance agreements & the bsc;
• Annual review of performance agreements;
• Key lessons of success.

Enroll for this Course

We are proud to offer this course in a variety of training formats to suit your needs.

IRES

Enroll to In-Person (Face to Face)

We use the highest quality learning facilities to make sure your experience is as comfortable as possible.

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Enroll for a Virtual Zoom Class

Join a scheduled class with a live instructor and other delegates.

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IRES

Enroll for Online Self-paced Class

Keep track of your own progression throughout your course and ensure continuous improvement.

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Benefits of Taking a Course at IRES

LEARN

Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.

NETWORK

Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.

GROW

Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.

FAQs & Course Administration Details:

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on Phone: +254 715 077 817 or Email: [email protected].
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email protected].
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: [email protected] Phone: +254 715 077 817.

Who else has taken this course?


# Job Title Organisation Country
1 Insurance consultant MUA Rwanda