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)
Duration 2 days / 16 academic hours / 16 CPD units / 14 СPE 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.
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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.
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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.
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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)
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Certificates Certificates of the Ernst & Young Academy of Business. | Recommended training scheme |
Place and time Open trainings are conducted at Ernst & Young 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.
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