Balanced Scorecard (BSC), Competitive Strategy and Activity Effectiveness

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Balanced Scorecard (BSC), Competitive Strategy and Activity Effectiveness 
(pdf, 460 Kb, 2 pages) 
 


ACCA Registed CPD-ProviderCPE Sponsors

Duration
2 days / 16 academic hours / 16 CPD units / 14 –°PE credits

 
Required level of preparation
As prerequisites, we recommend attending the training “Strategic Management: Strategy Development”.
Who should attend
  • Structural subdivisions management
  • Finance directors
  • Internal controllers
  • Financial analysts.
Objectives
  • To determine BSC targets and goals
  • To introduce participants with BSC structure, elements and principles, underlying the BSC system
  • To obtain BSC development skills.
Training methodology
  • Training is conducted in an interactive form and includes a number of case studies
  • Training participants are provided with specially designed training materials in Russian.

Training outline

Day 1

BSC concepts and elements
  • Specifics of current business environment
  • The most popular management tools
  • Essence of BSC
  • Priorities of strategic goals for BSC
  • Key principles of BSC
  • Non-financial indicators and their meaning for company management
  • Perspectives for BSC
  • Cause-and-effect relation between company’s goals
  • Two types of indicators / measurements of meeting a goal objective

BSC construction on the level of business unit
  • Implementation phases in enterprises
  • Command list for BSC implementation
  • Strategic business unit and its goals
  • Strategic issues

 
Day 2

  • BSC generation for a strategically oriented trading company by perspectives
    • Finance
    • Clients
    • Internal processes
    • Education and growth
    • Integral structure of BSC

BSC usage in company management process
  • Strategic maps
  • Cascading: alternative methods
  • Cause-and-effect model building for corporate goals of trading company
  • Activity indicators: recommendations for selection
  • BSC indicators for a trading company by perspective
    • Finance
    • Clients
    • Education and growth
    • Structural initiatives (goals)

Certificates
Certificates of the EY Academy of Business.
Recommended training scheme
Place and time
Open trainings are conducted at EY Academy of Business from 9:30 to 16:30.
In-company training
  • Preliminary analysis of clients’ training needs, identification of aims and goals
  • Training adaptation industry
  • Flexible approach to training location and schedules
  • Report on the training results.