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 mea... Read more

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. Grant helps these organizations create change, develop managers and executives, and create high performing teams resulting in engaged employees and loyal customers. Grant is a Certified Coach using an approach that helps organizations identify their vision of success, develop the roadmap, create goals and then achieve those goals.Using the Balanced Scorecard to Create Better Performance For more details click on this link: http://bit.ly/2H3I5mW You may also refer to this link: https://www.trainingdoyens.com/product/50165-customer-service-skills https://www.trainingdoyens.com/product/50180-recruitment-best-practices https://www.trainingdoyens.com/product/50185-conflict-management-techniques 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