Course Title: Using The Balanced Scorecard (BSC) As A Performance Management System (PMS)
Venue: ESAMI Headquarters, Arusha, TANZANIA
Learning Duration: 2 Weeks
Starting: 29 Oct 2018 Ending: 9 Nov 2018
Fees: 1500 USD
Payment Details: To cover tuition and training materials only.
The Balanced Scorecard has gained popularity in the recent years. A vast number of institutions are desirous of using the Balanced Scorecard a Performance Management System. While a BSC compliant strategic plan is one of the prerequisites for applying the BSC as a performance management system, many institutions get stuck on how to translate the scorecards cascaded to tier 3 into a performance management system that is aligned to the organization-wide vision and strategy. This is a ‘’how-to’’ program which is workshop-based that enables the delegates to break down the perspectives, objectives and targets into measurable results and proceeds to offer insights on how to compute the composite performance score for each employee.
HOW PARTICIPANTS WILL BENEFIT
At the end of the course participants will be able to:
Translate the personal scorecard into a performance management system
Compute the performance scores into final composite performance rating
Link the final performance rating to the incentives that are agreed upon corporately
Use performance data to improve organizational learning and continuous improvement initiatives
WHO SHOULD ATTEND?
Directors of performance management at national and institutional level and HR professionals in public, private and non-state actor institutions. Corporate planning teams may also benefit from this course. It is a prerequisite that one should have attended the Basic Balanced Scorecard course prior to attending this course.
An overview of BSC perspectives
An overview of BSC compliant Strategic plans
Weighting the perspectives
Cascading the BSC from Tier 1 to Tier 3
Developing BSC compliant job descriptions
Weighting tier 3 scorecards
Weighting technical and behavioral competences
Computing the composite score
Linking composite scores to incentive system and organizational learning