Nigerian Seminars and Trainings

Search conferences, training, seminars, courses and workshops in Nigeria and around the world

business logo

Balanced Score Card Workshop

By: Sandhills Consulting Nigeria Ltd

Lagos State, Nigeria

29 - 31 Aug, 2016  3 days

Follow Event


NGN 157,500

Balanced Scorecard (BSC) is a long term strategic tool that translates a company’s vision and strategy into day to day operations by articulating the outcomes an organization desires and the drivers of those outcomes.  This tool refocuses the traditional corporate management system from being a short-termed control oriented financial framework to a long-term framework involving all employees.  Numerous organizations have proclaimed the benefits of the use of the BSC.  Before the BSC is implemented it must first be understood.  Management training therefore is absolutely necessary.  It is beneficial for a company to use the methodology of the BSC to create a strategic Management System.

Course Content

Day One

  • Course Introduction
  • Pre- Course Assessment           
  • What is the Balanced Scorecard?
  • Definition and Framework
  • Benefits of BSC
  • Key Questions the BSC Seeks to Answer.
  • An Overview of your Organization’s Vision and Mission.
  • Key Performance Indicators (KPI) of your Organization and Functional Divisions
  • General Discussion
  • The Four Perspectives of BSC

Day Two

  • Demonstration/Illustrations with Examples
  • Outcome Metrics
  • Management by Fact
  • How BSC is Implemented.
  • How Groups Produce Higher Quality Balanced Scorecards than Individuals.
  • An Illustration of a General Balanced Scorecard Strategy MAP.
  • Group Exercise.
  • Project Assignment
  • Building a Balanced Scorecard by Group
  • Cascading the BSC throughout the Organization and Aligning Strategy and Work
  • The Balanced Scorecard as a Knowledge. Management tool: A French experience in a Semi-Public and Insurance Company.
  • Review and Analysis
  • Linking the BSC to Strategic Management Activities.

Day Three

  • Linking Leading and Lagging Indicators with Budgets and Strategy Objectives
  • Performance Measurement of Insurance Companies by using the Balanced Scorecard and Analytical Network Process (ANP).
  • Group Project and Post Course Assessment
  • Presentation, Closing Remarks and Photograph

Workshop Outcomes

On Completion of the workshop, participants should

  • Be capable of describing the Balanced Scorecard.
  • Explain the conceptual framework of Balanced Scorecard
  • Identify the key performance indicators of various departments and the organization as a whole
  • Be capable of aligning the BSC and cascading the BSC throughout the Organization.
  • Be competent to discuss the benefits and challenges of the BSC.
  • Provide BSC performance Measure
  • Design a BSC Model for an organization.
  • List the steps in implementing a BSC system.

Target Audience:  

Supervisors and Managers in an Organization

6,Segun Gbele Close, Off Lola Holloway Street, Omole Phase 1, Ojodu-Ikeja, Lagos, Nigeria Aug 29 - 31 Aug, 2016
NGN 157,500.00((VAT Inclusive))
(Convert Currency)

, 08185131363, 08061277967

Related Courses
Team Management Development and Leadership Team Management Development and Leadership

2 day, 30 - 31 Mar, 2017 

2017-03-30 12:03:00
Lagos State, Nigeria

Sandhills Consulting Nigeria Ltd

Coming together is a beginning; keeping together is progress; working together is success - John D. Rockefeller. Success is determined by a wide range of factors. When we are given a project or an ...

Communication Strategies for Managers and Executives Communication Strategies for Managers and Executives

3 days, 26 - 28 Apr, 2017 

2017-04-26 12:04:00
Lagos State, Nigeria

Sandhills Consulting Nigeria Ltd

For the better part of every day, we are communicating to and with others. Whether it’s the speech you deliver in the boardroom, the level of attention you give your spouse when they are ...

Sales Fundamentals for Sales Personnel Sales Fundamentals for Sales Personnel

3 days, 29 - 31 Mar, 2017 

2017-03-29 12:03:00
Lagos State, Nigeria

Sandhills Consulting Nigeria Ltd

This training workshop teaches the participants the process of convincing someone or an organization that their services have the potential that merits spending  some of their hard-earned money. ...

PRINCE2 Foundation Training PRINCE2 Foundation Training
On going

5 days, 20 - 24 Mar, 2017 

2017-03-20 12:03:00
Lagos State, Nigeria

Sandhills Consulting Nigeria Ltd

PRINCE2 provides an easily tailored and scalable method for the management of all types of projects. This method is the de-facto standard for Project Management and is practiced worldwide.PRINCE2 ...