** ACCORDING TO KAPLAN: "The Balanced Scorecard is one of the most powerful tools any organization can use to achieve it's goals."
** SPECIAL FREE BONUS** EXCEL BALANCED SCORECARD AND COURSE WORKBOOK INCLUDED. In order to further improve the student experience, there is a free download of an Excel Balanced Scorecard and workbook packed with ready to use activities. This helps ensure everything is even easier to understand & even more fun and engaging! **
Are you a for profit or non-profit organization professional ready to track all the important components of your organization in one place? In this course, you will learn a step-by-step system used by organizations such as Wells Fargo, Thomson Reuters, UPS and University of Virginia.
The Balanced Scorecard is perfect for:
This course covers important topics such as Key Performance Indicators (KPI's), Dashboard integration, Strategy and Vision Maps and Action Plans.
The contents of this course are all based on my work experience as a Policy Analyst in The Office of the Presidency of South Africa, founder of Grow2Lead, a leadership and non-profit organization in South Africa and a Data Associate for a leading Education nonprofit in New York City. I received a PhD from Texas A&M University and a Master's degree in Public Administration from the Bush School of Government. This course ties together both my theoretical knowledge and practical experience in a dynamic, practical and applicable way.
Students of this course will enjoy learning in a very practical way how to use this system to stay at the pulse of their daily operations and plan their short, medium and long term goals. Use this course to take your organization to the next level!
Welcome to the Balanced Scorecard. In this lecture we build understanding from the ground up. We start with defining the BSC, then discuss the perspectives and finally look at a working dashboard.
All roads lead from the mission. This lecture describes the mission perspective and explains how to map a mission statement to a dashboard.
Customer is king/queen. Here we look at appropriate measures for defining customer satisfaction and perception of your business.
This demo lecture is packed with helpful tools you can use to identify your target audience.
Internal processes are the lifeblood of efficiency. In this lecture we discuss how to evaluate effective internal processes and use an example of how to map this to a perspective.
In this demo lecture we analyze our internal processes by going through the simple SWOT analysis.
Learning and Knowledge is critical to innovation and ultimately organization survival. This lecture briefly describes a case study of Henry Ford to explain how valuable razor sharp focus on innovation and learning can contribute to your organization's success.
To supply what clients demand we need adequate skills. In this demo lecture we learn how to conduct a simple skills audit.
Show me the money. In this lecture we discuss the Efficiency ratio and the financial stages of businesses.
The challenge of where to price a product can be answered through basic understanding of the supply and demand curves.
What happens to demand when we increase our price? Watch this lecture to find out.
When we discount our product how does that affect our production?
This model is perfect for thinking about how to position your product or business in relation to market share and market growth.
A Vision to Action map describes the steps needed to move from idea to Key Performance Indicators (KPI's) to action plans.
In this lecture we walk through a simple process that results in a mission statement.
We look at the best practices to crafting a powerful vision statement and scrutinize some examples.
We move closer to specific measurables in this class. Specifically, we describe what well drafted goals should look like.
This lecture describes the 20/80 principle.
Placing a product in the market requires a lot of planning and strategy. The Long Tail approach helps us think about this further.
The Strategy Map demonstrates the connection between objectives across all five perspectives. Students will use the workbook sheet provided to craft their own Strategy Map.
KPI's are the heart of measurement. Here we describe the steps to crafting good KIP's, outline their properties and discuss how they can shift over time.
We take action in this lecture. We look at things to consider when evaluating your action steps, as well as how to delegate ownership at the organizational, divisional and individual level.
Interested in learning more from Warren? This lecture has a few surprises in store...
Learn how to connect with Warren
Dr. Warren Chalklen is an education innovator who has taught over 41,000+ students across 167 countries using online and face to face platforms. He is passionate about building individual and organizational capacity in the fields of diversity, policy analysis, and data driven performance with softwares such as Excel, Salesforce and Balanced Scorecard tools. In his spare time he loves to travel and recently returned from a vacation in Brazil!