DEWA TNA Part 2 – Advanced Balanced Scorecard & KPI
- Overview
Overview
Advanced Balanced Scorecard & KPI
Course Overview:
This program teaches participants to design and implement Balanced Scorecards (BSC) and Key Performance Indicators (KPIs) to drive strategic alignment and organizational performance. Participants will learn to link strategy, measurement, and action.
Learning Objectives:
- Understand Balanced Scorecard frameworks and benefits
- Develop strategic objectives and KPIs aligned with goals
- Design BSC dashboards for monitoring performance
- Analyze and interpret KPI data
- Implement performance review and continuous improvement cycles
Course Outline:
Module 1: Strategy & Performance Management
- Introduction to Balanced Scorecard
- Linking vision, mission, and strategy
- Strategic mapping techniques
- Translating strategy into measurable objectives
Module 2: KPI Development
- Characteristics of effective KPIs
- Quantitative vs qualitative measures
- Cascading KPIs across departments
- KPI alignment with strategic objectives
Module 3: Balanced Scorecard Implementation
- Designing BSC dashboards
- Integrating financial and non-financial metrics
- Monitoring performance trends
- Case study: BSC in action
Module 4: Performance Analysis & Reporting
- KPI reporting and visualization
- Identifying performance gaps
- Corrective action planning
- Linking KPIs to decision-making
Module 5: Sustaining Performance Excellence
- Embedding BSC in organizational culture
- Continuous improvement and performance reviews
- Avoiding KPI overload
- Lessons learned and best practices
