Strategy & Effective Performance Management
COURSE OVERVIEW
DURATION
5 days
DATE
23-27 Mar 2020
FEE
£3950
LOCATION
Holiday Inn Express Hotel,
London Croydon,
1 Priddys Yard Croydon
CR0 1TS
London, United Kingdom.
Course Overview
Strategy and Effective Performance Management programme will give you the tools you need to implement your strategy and deliver better performance for your organisation. Our performance review tools will help you to manage the process of capturing feedback, prioritising action and challenging your strategy. This will enable you to manage with measures and direct the future of your organisation.
Course Objective:
- Create a simple map to communicate strategic direction
- Understand the power of performance measurement in guiding strategy execution
- Gain a realistic view of what balanced scorecards can and cannot deliver
- Design KPIs to align activity to strategy and encourage the right behaviour
- Improve target setting through a 10 step process
- Validate and challenge strategy using feedback from the performance measurement system.
Who should attend
For those with responsibility for strategy implementation and performance measurement including:
- Directors and managers who are responsible for implementing strategy, designing and refreshing their scorecards or developing their organisational performance management system
- Project sponsors and leaders
- Senior line managers looking to improve their expertise in performance management
Strategic planners
This course can also be taken in
Accra: 16-20 Mar, 4-8 May, 6-10 Jul, 7-11 Sep, 2-6 Nov 2020
Dubai: 6-10 Apr, 1-5 Jun, 3-7 Aug, 5-9 Oct, 7-11 Dec 2020
Texas: on request
Course Content
Introduction to Strategy
Challenges in executing strategiesDesigning appropriate
performance measures
Setting the right targets
Mapping strategic initiatives.
Managing the performance review process
Using information strategically
Validating strategies.
Performance Management tools
Introduction to EFQM Excellence
Fundamental Concepts of Excellence
Organisational Audit using EFQM
Introduction to BSC
- Why was the Balanced Scorecard developed?
- What does it achieve?
- What type of organization can use the Balanced Scorecard?
- Understanding the terminology
Benefits of BSC Understanding the Strategic Management plan Design of a BSC
- Key components
- Step 1 Perspectives
- Step 2 Developing strategic themes
- Step 3 Defining Strategic results
- Step 4 Creating a strategy map
- Step 5 Defining strategic objectives
- Step 6 Developing performance measures
- Step 7 Setting targets
- Step 8 Identifying strategic initiatives
- Step 9 Review of draft scorecard
Challenges of BSC
Planning for BSC
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