Balanced Scorecard for Business Performance by MDIS

It was stated that the ability to execute is more important than a beautiful strategy. Why do organizations have difficulty in implementation? One problem is that strategies or business plans (or other fancy terms) are always changing, but the tools for measuring have not kept pace. Measurement is directional: it keeps management motivated on the strengths, focused on the weaknesses, and action conscious to overcome problems.

Upon completion of this workshop, participants will be able to;

• Learn and review scorecard fundamentals
• Understand how to measure performance systematically
• Build on an existing performance management initiative
• Translate strategy into operational terms which are executable
• Design a strategy map and scorecard
• Learn step by step methodology of doing the BSC
• Complete a preliminary, first draft of BSC