The Balanced Scorecard
Duration10'
No. of mini-lessons4
ResourcesTakeaway Tasks
Duration 10'
No. of mini-lessons 4
Resources Takeaway Tasks
Course overview
If you’re leading a team or a business, it’s essential that your strategic organizational goals are met. You can meet these goals by utilizing a balanced scorecard – a strategy performance management tool that translates goals into performance objectives. The balanced scorecard aims to measure, monitor, and change these objectives to ensure that the business’s strategic goals are met.
The balanced scorecard measures 4 perspectives of business: financial, customer, business processes, and learning and growth. The balanced scorecard aims to highlight the 4 perspectives of various internal business functions and improve their external outcomes. This course will help your managers understand the balanced scorecard, so they can create one and put it to use in business.
What's covered
What a balanced scorecard is and why businesses use it
The 4 perspectives of the balanced scorecard
How to create a balanced scorecard in the business that you work for
Why your teams need this course
The balanced scorecard helps your managers identify factors that hinder business performance and outlines strategic changes to help you meet your goals. Suitable for team leaders and business managers, this course will teach them how to define what the balanced scorecard is, the 4 perspectives of the balanced scorecard, and how they can create a balanced scorecard to manage business performance.
Accredited by CPD
TalentLibrary is recognized as reaching the standards and benchmarks required by the Continuing Professional Development (CPD) Certification Service.
The CPD Certification Service is the world’s leading and largest independent accreditation organization for professional development courses across all industry sectors.
