balanced scorecard

 Workshop overview
In the wake of the credit crunch, understanding the acceptable level of risk that your organisation will take to achieve its organisational objectives, your risk appetite, and understanding the amount of risk you are currently taking, your risk exposure is critical to ensuring your organisation not only survives these tough economic times, but thrives through them.

To effectively manage and monitor the relationship between risk appetite and risk exposure, thus driving strategic execution, organisations need to move beyond traditional, siloed performance and risk management approaches and instead take an integrated and aligned approach.

By attending this one-day interactive workshop, attendees will gain insights into the Risk-based performance methodology. This methodology, which builds on the Balanced Scorecard and COSO frameworks, provides a proven approach to managing and monitoring strategic objectives, their risk appetite and risk exposure.

About Risk-based performance
Risk-based performance a strategic execution methodology which enables organisations to integrate and align performance and risk management. It enables organisations to manage and monitor their strategic objectives, their risk appetite and risk exposure.

Risk-based performance was developed in by Manigent whilst working with a small number of organisations within the financial services industry and it was further refined during a year-long academic research project.

In the wake of the credit crunch, Risk-based performance has become increasingly relevant as organisations seek to clarify their strategic objectives, their risk appetite and risk exposure.

 The one-day course will help you understand how effective Strategic Management can play a critical role in organisational success. It will also look at how the implementation and long term use of a strategic Balanced Scorecard will help manage the implementation of a strategy. We show where to pay attention when embedding Balanced Scorecard so that it remains flexible and relevant to the needs of your organisation. The course will also look at links between your Balanced Scorecard and other management tools dealing with issues such as Corporate Planning, Risk, Quality Management and Incentives Management.

 The 3rd Generation Balanced Scorecard is a powerful refinement of earlier Balanced Scorecard designs that has proven features to provide easier development, better functionality and more strategic relevance. With this new and improved approach organisations can reliably and efficiently deploy modern performance management methods across their organisation. During this two day training event you will be provided with a clear definition of balanced scorecard and understand how the 3rd generation model can be ensure your balanced scorecard is an effective strategic performance management tool.

 A two-day course introducing participants to the latest thinking in Balanced Scorecard design methods. This highly rated course combines clearly presented theory with extensive practical exercises and discussion.

Download the course brochure