Training Course on Performance Management and Balanced Scorecards (BSC)
Overview
- Performance Management is a continuous, strategic process aligning individual and team goals with organisational objectives to drive growth, motivation, and retention.
- Balanced Scorecards (BSC) provide a comprehensive framework to translate strategy into measurable performance indicators across financial, customer, internal process, and learning & growth perspectives.
- This course equips participants with practical tools and knowledge to design, implement, and sustain effective performance management systems integrated with Balanced Scorecards for organisational success.
Learning Objectives
- Understand the principles and importance of Performance Management and Balanced Scorecards in modern organisations.
- Develop skills to set clear, measurable objectives aligned with strategic goals.
- Learn to design and implement Balanced Scorecards tailored to organisational needs.
- Master techniques for ongoing performance monitoring, feedback, and coaching.
- Explore methods to address performance gaps constructively and fairly.
- Gain insights into linking performance management with career development and succession planning.
- Build capability to foster a performance-oriented culture that motivates and retains talent.
Training Methodology
- Interactive lectures combining theory with real-world case studies and examples.
- Hands-on workshops to develop Balanced Scorecards and performance plans.
- Role-playing exercises for effective feedback and coaching conversations.
- Group discussions to share experiences and best practices.
- Use of performance management software tools demonstrations.
- Continuous assessment through quizzes and practical assignments.
- Access to post-course resources and 3 months of follow-up coaching support.
Organisational and Personal Impact
- Organisations will benefit from improved alignment of employee efforts with strategic priorities, leading to enhanced productivity and business outcomes.
- Managers will gain confidence and competence in managing performance fairly and effectively, reducing conflicts and improving team morale.
- Employees experience clearer expectations, constructive feedback, and development opportunities, increasing engagement and retention.
- The integration of Balanced Scorecards ensures a balanced view of performance beyond financial metrics, supporting sustainable growth.
- Overall, the course fosters a culture of transparency, accountability, and continuous improvement.
Target Audience
- Team leaders, supervisors, and managers responsible for managing and developing employee performance.
- HR professionals and directors aiming to enhance or implement performance management systems.
- Business owners and executives seeking to align organisational strategy with measurable outcomes.
- Emerging leaders preparing to take on performance management responsibilities.
- Professionals involved in organisational development, talent management, and succession planning.
Course Outline
Day 1: Foundations of Performance Management and Strategic Alignment
- Introduction to Performance Management: Concepts and Benefits
- The Role of Performance Management in Organisational Success
- Linking Organisational Strategy to Individual and Team Goals
- Introduction to Balanced Scorecards: History and Framework
- Setting SMART Objectives and Key Performance Indicators (KPIs)
Day 2: Designing and Implementing Balanced Scorecards
- Deep Dive into the Four Perspectives of BSC: Financial, Customer, Internal Processes, Learning & Growth
- Developing Customised Scorecards for Different Organisational Levels
- Cascading Scorecards: From Corporate to Individual Performance
- Workshop: Building a Balanced Scorecard for Your Organisation
Day 3: Monitoring, Feedback, and Coaching for Performance Improvement
- Continuous Performance Monitoring Techniques
- Providing Constructive Feedback: Models and Best Practices
- Coaching Skills to Support Employee Development
- Handling Difficult Conversations and Managing Underperformance
- Role-play Exercises: Feedback and Coaching Scenarios
Day 4: Addressing Performance Gaps and Linking to Career Development
- Identifying and Analysing Performance Gaps
- Formal and Informal Approaches to Performance Improvement
- Integrating Performance Management with Career Development and Succession Planning
- Reward and Recognition Strategies Beyond Pay Raises
- Case Studies: Successful Performance Turnarounds
Day 5: Embedding a Performance-Oriented Culture and Course Wrap-Up
- Building and Sustaining a Culture of Performance and Accountability
- Overcoming Common Challenges in Performance Management
- Using Technology and Tools to Support Performance Management
- Final Workshop: Developing an Action Plan for Your Organisation
- Course Review, Q&A, and Certification
Conclusion
- Effective Performance Management combined with Balanced Scorecards transforms organisational strategy into actionable, measurable results.
- Participants leave equipped to lead performance initiatives that drive engagement, development, and business success.
- By embedding these practices, organisations create transparent, motivating environments where employees thrive and strategic goals are consistently met.
- We encourage all participants to apply their learning immediately and leverage ongoing support to sustain impactful performance management.