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.
We are proud to offer this course in a variety of training formats to suit your needs.
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.
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.
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.
# | Job Title | Organisation | Country |
---|---|---|---|
1 | Insurance consultant | MUA | Rwanda |