At a certain point, all companies will inevitably face challenges in achieving strategic objectives and improving performance. Growing a business— irrespective of scale—is no simple feat.  

If you’re seeking a starting point, this certification could be the perfect first step. 

Course overview

The KPI Institute’s Certified Balanced Scorecard Management System Professional course accredits practitioners for their knowledge in developing a Performance Management System (PMS) using the Balanced Scorecard (BSC) methodology and implementing the framework across the entire organization.

Participants will learn how to implement a Balanced Scorecard Management System and master the strategic planning process while reaching the course’s learning objectives:

• Grasp PMS fundamentals
• Transpose the organizational strategy into a Balanced Scorecard Management System
• Integrate components of Balanced Scorecard Architecture
• Differentiate between objectives, key performance indicators (KPIs), and initiatives

Benefits and importance

In this training program, you will acquire the knowledge and skills to successfully implement a Balanced Scorecard Management System, unleashing the potential to drive business performance. Additionally, you will gain a range of benefits, including:

• Gain a deeper understanding of the value and functionality of the Balanced Scorecard Management System
• Develop and implement a Balanced Scorecard Management Architecture in a standardized manner
• Overcome challenges in strategy execution by implementing the Balanced Scorecard Management System
• Improve strategy communication using the Balanced Scorecard Management System

Course structure and methodology

The course encompasses a three-stage educational process with an expected duration of 40 hours:

1. Pre-course stage: After completing the needs assessment and a brief knowledge quiz, participants will engage with peers through an interactive online forum and peruse relevant documents to deepen their understanding of the core course content.
2. Core-course stage: Participants may select between taking live online training sessions or interacting in person. They will engage in immersive learning and interactive activities, progress through their Individual Learning Maps, then complete the certification assessment.
3. After-course stage: Participants will be immersed in stimulating forum discussions alongside additional readings. Upon completion of their learning journey, participants will be able to create a tailored and actionable plan that addresses the unique needs of their organization.

Course syllabus

The core course comprises 10 learning modules:

• BSC – performance management tool 
• BSC governance and performance leadership 
• Organizational assessment 
• Strategy formulation and integration 
• Setting organizational objectives 
• Working with KPIs  
• Initiative management 
• Aligning the BSC across organizational levels 
• Managing the BSC system 
• Nurturing a performance culture 

Flexible learning options

The course is provided in numerous languages (English, Arabic, Bahasa) and locations to cater to a diverse array of schedules and preferences. 

Certification and recognition

Participants will receive the following certificates (soft copy) upon completion of the program:

• Certificate of Attendance: after participating in the five-day live session course
• Certificate of Completion: after completing the pre-course activities and passing the Certification Exam
• Certified Professional Diploma: awarded upon successful completion of all three stages and full payment
• CPD Certificate of Attendance: provided once you achieve Professional Status

Take a brave step forward and unlock your organization’s full potential! Enroll today and become a Certified Balanced Scorecard Management System Professional!

What distinguishes a successful company in today’s business environment is its capacity to adapt, innovate, and strategically tackle emerging challenges and opportunities. With change being constant and disruption becoming the norm, organizations must equip themselves with the right knowledge and tools to stay ahead of the curve. This is where Performance Magazine’s back-to-back releases for the first quarter of 2024 come into play: the Employee Performance Edition and the Strategy Management Edition.

The Employee Performance Edition delves deep into redefining employee performance management in the modern workplace. At the heart of this edition lies the cover story, which discusses the role of diversity, equity, and inclusion (DEI) in talent management. It recognizes that equitable treatment and unbiased opportunities not only drive individual performance but also foster a culture of innovation and organizational excellence. Other key topics include democratizing strategy planning, optimizing employee engagement for effective strategy execution, implementing a hybrid performance management system, and nurturing holistic performance management. Download the digital copy from TKI Marketplace or purchase the printed edition on Amazon.

Complementing that focus on employee performance, the Strategy Management Edition offers insights into strategic leadership in disruptive times. Interventions aligned with executing accessible strategies, particularly those that support an adaptive organizational culture and address change resistance, can be found in the cover story. Readers will also learn how to incorporate diverse viewpoints into strategy implementation, empower employees for effective change management, and ensure data accuracy for informed decision-making. Drawing on global insights and innovative approaches to strategy planning and execution, this edition provides organizations with the principles and frameworks necessary to navigate uncertainty and seize opportunities for growth and success. Get the digital copy from TKI Marketplace or order the printed edition on Amazon.

With actionable insights, best practices, and global analyses from industry leaders and experts, Performance Magazine’s back-to-back releases for 2024 provide businesses and professionals with the information and insights they need to stay competitive, resilient, and future-ready. 

From geopolitical turmoil to technological innovation, the modern world is characterized by constant, rapid change. Thus, organizations must take regular stock of strategy management practices to determine whether they are adapting to the sudden dynamism. To aid in this endeavor, The KPI Institute is preparing the State of Strategy Management Practice – 2024, a comprehensive report that examines the most current issues, trends, and challenges affecting strategy planning,  strategy execution, and key performance indicator (KPI) implementation. 

The report gathers data through a survey that covers recent developments in strategy planning, performance measurement, and strategy execution within organizational contexts. Questions will delve into the latest worldwide viewpoints to highlight the varied strategies and performance management methodologies implemented across diverse industries around the globe. 

Professionals participating in strategy planning and execution are encouraged to answer the survey and share their pragmatic insights, recommendations, and best practices. Respondents will receive the following rewards for their participation:

• HR Scorecard
• SmartKPIs.com premium subscription (one month)
• 48% discount coupon for the Certified KPI Professional – Online Course

If you are interested, click here to answer the survey. 

About The KPI Institute

The KPI Institute is a leading global research institute specializing in business performance. It operates research programs in practice domains revolving around strategy and performance management in various contexts such as organizational, governmental, global, or at the personal level.

Insights are disseminated through a variety of publications and subscription services as well as a knowledge platform available to registered members. The KPI Institute generates genuine, forward-thinking ideas to address modern business challenges while promoting best practices and structural and strategic approaches.

According to The KPI Institute’s State of Strategy Management Practice Global Report – 2023, 34% of professionals believe that ineffective change management is a major factor in strategic failure. As the world undergoes dramatic transformations and disruptions, underestimating impactful strategic leadership is no longer an option.

The latest issue of Performance Magazine – Print Edition reveals what lies beneath strategic success in disruptive times, from managing stakeholder engagement to adopting breakthrough technologies to cultivating strategic foresight. To navigate new paradigms of work, organizations delve deep, exploring various perspectives, scrutinizing data, and analyzing risks while taking into account the influence of culture and communication.

As emphasized by one of the experts interviewed in this edition, Jeroen Kraaijenbrink of Strategy Inc., executing a strategy requires organizations to consistently manage relevance, progress, and morale “so that the strategy remains up to date, implementation stays on track, and people remain on board.” Interventions aligned with this approach, particularly those that support an adaptive organizational culture and address change resistance, can be found in the cover story.

For those who want to dive deep into the intricate processes of organizational strategy, this special edition offers nuanced perspectives on planning, development, and execution, all woven with best practices, case analyses, and data-driven discussions. Specifically, readers will find the knowledge and tools necessary to incorporate diverse viewpoints into strategy implementation, empower employees for effective change management, and ensure data accuracy for informed decision-making. Moreover, readers can access a curated collection of multimedia resources tailored for professionals specializing in strategy.

Featuring contributions from expert voices representing diverse backgrounds, including the Netherlands, England, Hungary, Egypt, and Saudi Arabia, Performance Magazine’s Strategy Management Edition provides unparalleled insights into modern strategic management challenges. These experts not only offer their unique thoughts but also present actionable recommendations and solutions grounded in their specialized knowledge, extensive experiences, and notable achievements in the field.

Unlock the strategies for success in uncertain times with Performance Magazine Issue No. 29, 2024 – Strategy Management Edition. Grab a digital copy from TKI Marketplace or order the printed edition on Amazon.