2018 - Using the Balanced Scorecard to Create Better Performance

OVERVIEW
The balanced scorecard is not new. However, not enough companies are using it.
This session will cover how to construct a balanced scorecard. We will cover how to survey the key deliverables for success, how to measure them, how to set standards, and how to assign values to each.
We will discuss, using the balanced scorecard as a basis, the manager and executive bonus system.
We will use an actual example highlighting the restaurant/hospitality industry.
WHY SHOULD YOU ATTEND
Organizations today have many performance requirements. It is just not as simple as delivering more sales or keeping the department staffed.
Getting and maintaining top performance in multiple categories means managers must have multiple focus.
The goals of the organization including the rewards systems must be aligned with these “BALANCED” results. If a balanced approach is not followed an employee may focus on one thing at the expense of another. The balanced score card measures a composite of all of the necessary elements of responsibility for a person, department, and organization. Used properly it will drive success in the organization.
AREAS COVERED
The Purpose of the Balanced Scorecard
Background of the Balanced Scorecard
Selecting the entity to use for the Scorecard
Reviewing and Summarizing the measurable things
Assigning weights and values
Creating the dashboard
An example used by the restaurant hospitality industry
Using the Balanced Scorecard for bonus and compensation
LEARNING OBJECTIVES
This session will cover how to construct a balanced scorecard. We will cover how to survey the key deliverables for success, how to measure them, how to set standards, and how to assign values to each.
WHO WILL BENEFIT
HR Professionals
CEO
Senior Vice President
Vice President
Executive Director
Managing Director
Regional Vice President
Area Supervisor
Managers
SPEAKER
Grant Schneider, CBC, SHRM-SCP, SPHR, is president and founder of Performance Development Strategies. His company helps organizations achieve greater results by aligning people in the organization with the organization’s mission and strategy.
For more details click on this link:
http://bit.ly/2C77loz
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Ticket Price:
Live Webinar : $159
Recorded Webinar : $199
Training DVD or USB Flash Drive : $379
Super Combo Offer 1 : $289
Super Combo Offer 2 : $429