Online Training: Building Balanced Scorecard Step by Step

Follow the guidance from the training videos, build your own Balanced Scorecard project step by step, get some feedback from the trainers, and confirm your skills by earning a training certificate.

Online Training: Building a Balanced Scorecard Step by StepOnline Training: Building a Balanced Scorecard Step by Step.
The problem with classical Balanced Scorecard trainingThe problem with classical Balanced Scorecard training.
Balanced Scorecard buzz word. Start with articles, continue with training.Balanced Scorecard buzz word. Start with articles, continue with training.

Are you looking for some other training format? A shorter training or a practical onsite workshop? Check out the training page for all available options.

Sign up today

  • Video guidesVideo lessons that explain some type of theory and gives some practical guidance.Video guides
  • Video deliveryVideo delivery
  • Review of your projectsThe review of your projects by our team.Review of your projects
  • Private consultation with expert4 hours with our experts to discuss the details and nuances of your business.Private consultation with expert
  • Training scheduleTraining schedule
  • Access to the video guides only. This option does not include any feedback from our side.

    Guides

  • $99

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsno
  • Private consultation with expertno
  • Training scheduleno Not applicable
  • Full training program: video guides + feedback on your projects + final certification.

    Full

  • $199

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsyes
  • Private consultation with expertno
  • Training scheduleFixed
    According to the starting date below
  • Full training program: video guides + feedback on your projects + final certification + 4 hours with our expert.

    Premium

  • $799

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsyes
  • Private consultation with expertyes
  • Training scheduleFlexible
    According to your availability
  • The next training starts: 15th of the current month.

Online Training: Building Balanced Scorecard Step by Step

Dear business professionals! We’d like to offer for your attention a new training called “Building a Balanced Scorecard Step By Step.” According to the recent studies Balanced Scorecard continues to be one of the most used tool for strategy execution and business performance management.

During this training you will create your own Balanced Scorecard project and implement it for your business.

In the training we don’t just speak about the strategy, strategy maps, strategic alignment, and KPIs, but we will show you how exactly you can do all this in practice. Each block of the training starts with a necessary theoretical background, which is followed by a demonstration of exactly how you can implement this with the Balanced Scorecard software.

Training guides you from Balanced Scorecard theory to building a working prototype of the scorecard for your company

During the training you will pass through all of the steps of the Balanced Scorecard design and implementation, you will build a working prototype of the Balanced Scorecard, and you will have an understanding of how to scale it to the rest of the company.

The format of the training

We are not going to stress you out with online meetings at a fixed time. The participants of our training are from several different countries and continents, so it is impossible to choose a time that will work well for all time zones. Instead, we will prepare high quality video guides and send you a link by email when the video for the new training block is available online. In this way you will be able choose the best time to watch it just like you can chose the best time to watch this video right now.

Training structure

The training program consists of 4 blocks. Each block includes a video lesson that explains some type of theory and gives some practical guidance.

In the end of each block you’ll have your homework task, where you will be working on your scorecard project. You will have 1 week to do your homework task and to submit it for the review.

In the beginning of the next block we will analyze the results, so everybody will be able to learn from other participants of the training. And for sure, during all of the training, you will be able to send us your questions by email.

Building Balanced Scorecard Step by Step - CertificateCertification

At the end of the training, those who have successfully finished their Balanced Scorecard projects will get a certificate from us like this one that I have here right now.

Participation Options

The program that I have described, is called “Full training” program. It includes training videos, the review of your projects, and the final certification. There are two more participation options:

  • There is a “Guides only” program that gives you access to the video guides only. This option does not include any feedback from our side. For sure you can still follow our guidance from the video and create the Balanced Scorecard project on your own.
  • Another option is a “Premium training” program, that includes “Full training” + 4 hours of the private consultation with our experts. You might want to use these consultation hours to discuss some specific nuances of your business.

Please, check out more details below this video.

Our capacity

One more thing: during the training we want to give a high quality feedback to all participants, so our capacity for the “full training” program option is limited. That’s why if you are interested in the training, I do recommend for you to sign up early.

Questions?

Should you have any questions, please send us a message via the contact form or share your thoughts in the comment box at the bottom of this page.

Have a good day and we will see you in the training!

Sign up with a training

  • Video guidesVideo lessons that explain some type of theory and gives some practical guidance.Video guides
  • Video deliveryVideo delivery
  • Review of your projectsThe review of your projects by our team.Review of your projects
  • Private consultation with expert4 hours with our experts to discuss the details and nuances of your business.Private consultation with expert
  • Training scheduleTraining schedule
  • Access to the video guides only. This option does not include any feedback from our side.

    Guides

  • $99

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsno
  • Private consultation with expertno
  • Training scheduleno Not applicable
  • Full training program: video guides + feedback on your projects + final certification.

    Full

  • $199

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsyes
  • Private consultation with expertno
  • Training scheduleFixed
    According to the starting date below
  • Full training program: video guides + feedback on your projects + final certification + 4 hours with our expert.

    Premium

  • $799

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsyes
  • Private consultation with expertyes
  • Training scheduleFlexible
    According to your availability
  • The next training starts: 15th of the current month.

Training Program

Let’s have a closer look at the program of the training.

Block 1. Formulating and describing strategy

Block length: 52 min.

TheoryPractice
Analyzing business challenges.Strategic themes.
Finding the best strategy.Creating strategy map with business goals.
Perspectives of the Balanced Scorecard.

Block 2: Tracking strategy execution with KPIs

Block length: 46 min.

TheoryPractice
Choosing the best leading and lagging indicators for your project.Building a scorecard with various types of indicators.

Block 3: Cascading/alignment of the strategy

Block length: 44 min.

TheoryPractice
Best practice about how to organize the discussion around the strategy.Cascading scorecards by business goals.
Linking and aggregating indicator’s values.

Block 4: Implementing business scorecard

Block length: 55 min.

TheoryPractice
Employees buy-in and accountability.Communicating strategy to your team.
Implementing BSC into the business systems.
Balanced Scorecard Checklist.

We do one block per week + we’ll need few days for reviewing your projects, so the total estimated time for the whole training is 5 weeks.

Frequently Asked Questions

When discussing the idea of the training with our prospects, people asked some questions that I’d like to answer now.

What are the requirements for the participation?

We expect that you are in the role of the strategist in the company. It doesn’t necessary mean that you have “strategist” or “CEO” written on your business card, the best implementations of the Balanced Scorecard were initiated by people from HR or from sales.

Will you give me some KPIs for my business?

Just a small part of the Balanced Scorecard is about KPIs, while the main goal is to describe and execute a business strategy. During this training we will talk about KPIs as well, and we will explain to you how to find the best indicators for your business and will give you some feedback about indicators that you have found.

In the practical part we are using the Balanced Scorecard software. Do I need to buy a license?

We will use BSC Designer software to demonstrate the practical part of the Balanced Scorecard. That’s great if you have a license; if not, don’t worry, we will provide you with a temporary code. You will need to install a free trial copy of BSC Designer PRO onto your computer (or at least sign up with a free trial account of BSC Designer Online). We will provide you with an extended code so you have enough time to do all of your homework tasks and present your project.

What are the technical requirements to pass the training?

You will need a web-browser to watch the video online. Also, you’ll need a Windows PC to install BSC Designer PRO, if you don’t have a Windows PC, then another option is to use BSC Designer Online.

How long are the training runs? How much time do I need to dedicate to it?

The total training duration is 5 weeks. You will need about 4 hours per week to watch videos and to do homework tasks. Most likely, you will want to dedicate some time to make an analysis of your business challenges, objectives, and KPIs. If you are looking for some shorter training, have a look at Strategy Scorecard Fast Track.

Can managers from nonprofit organization participate?

Yes, you are welcome, the Balanced Scorecard works for nonprofits as well.

We want several managers from our company to participate in the training. Can we have a discount?

There are no volume discounts as the training is priced according to the time needed to work with each participant.

Does this training includes “BSC Designer Specialist” certification?

During the training you will use many of BSC Designer functions, still our primary goal is to teach you the Balanced Scorecard, not the BSC Designer software. You can pass additional “BSC Designer Specialist” certification later.

What are the main benefits of the training?

I’d name several:

  • you will have an excellent understanding of how Balanced Scorecard works for the business (most business people still believe that it is about KPIs and dashboards);
  • you will have a working model of the Balanced Scorecard that you can scale for your business; you’ll master your skills with finding the best KPIs for your business;
  • you’ll get an understanding about how to “make strategy everyone’s job.”

Will I have a transcript of the videos?

Training videos are uploaded into the private area on YouTube. With these videos on YouTube you can turn on the display of subtitles in English.

When is the training?

The next training starts 15th of the current month.

How can I sign up?

Please, use one of the options listed below.

  • Video guidesVideo lessons that explain some type of theory and gives some practical guidance.Video guides
  • Video deliveryVideo delivery
  • Review of your projectsThe review of your projects by our team.Review of your projects
  • Private consultation with expert4 hours with our experts to discuss the details and nuances of your business.Private consultation with expert
  • Training scheduleTraining schedule
  • Access to the video guides only. This option does not include any feedback from our side.

    Guides

  • $99

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsno
  • Private consultation with expertno
  • Training scheduleno Not applicable
  • Full training program: video guides + feedback on your projects + final certification.

    Full

  • $199

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsyes
  • Private consultation with expertno
  • Training scheduleFixed
    According to the starting date below
  • Full training program: video guides + feedback on your projects + final certification + 4 hours with our expert.

    Premium

  • $799

    per participant

  • Video guidesyes
  • Video deliveryyes Immediate
  • Review of your projectsyes
  • Private consultation with expertyes
  • Training scheduleFlexible
    According to your availability
  • The next training starts: 15th of the current month.

Strategy and KPIs Scorecard Expert | Speaker | CEO. Aleksey Savkin (LinkedIn, @bscdesigner) is helping companies to better formulate their strategies and make the process of strategy execution more tangible with KPIs. His areas of expertise are Balanced Scorecard, Key Performance Indicators, business performance management. Aleksey is a frequent speaker at conferences; the author of a number of articles and books on Balanced Scorecard. New book by Aleksey: 10 Step KPI System

Posted in Strategy Training
  • Realist

    Hi, I am in India and willing to take this training. Can i participate as well?

  • Hi! Sure, you can. This time we replaced online meetings at a fixed time with high quality video guides, so if there are no technical problems for you to watch introduction videos above, then you are welcome to participate.

  • Anna

    Hi,I’m reconsidering to participate this traning. Will be there also some room to discuss specials business purposes as well?

  • Hi Anna, it depends on the participation level, let me explain:
    – in “Guides only” there is no room for the discussion;
    – in “Full” training we will be happy to give you a feedback on your scorecard project; give you an opinion if you are moving in the right direction with your project.
    – in “Premium” you can use up to 4 hours of private consultations to discuss the special business purposes.
    You can start with “Full” training and then update to “Premium” if you feel like you have many details and nuaces to discuss.

  • Anna

    Thank you for your prompt answer.

  • Nosna

    Hi. The course starts on May 11 and runs for 5 weeks. Does it mean we must finish within these 5 weeks and we cannot, say, re-watch the videos after the course is finished?

    Also am I correct to assume there’s no homework for the “Guides” options?

    Thanks!

  • Dear Nosna, thank you for your questions!

    1. All videos are uploaded to the private section on YouTube, so you will be able to re-watch the videos any time during or after the course. Moreover, sometimes we follow up with our ex-participants with some interesting findings.

    2. With “Guides” option there is homework, but there is no feedback about your results from our side. In other words you can do all homework tasks on your own, and I believe even without our feedback it will be useful experience, or you can just watch the videos.

  • Nine Two Nine

    Hi!
    I am also interested in BSC!

  • gennaro di martino

    Can i have a transcribing of video?

  • Dear Gennaro,
    All videos of the training have a YouTube subtitles in English that you can switch on, hope this work for you.

  • gennaro di martino

    Will we receive other materials for home work?

  • Dear Gennaro,

    All you need for the home work tasks is already included in the training. You will need to download a BSC Designer software (trial copy is fine, no need to buy a license) or sign-up with BSC Designer Online (www.webbsc.com). The rest depends on your expertise and willingness to work on your business scorecard. Looking for your participation!

  • Ayesha

    I am from India and would like to participate in the training. Will it suit my timing ? I mean will it be during our ‘waking’ hours ?

  • Hi Ayesha,

    We are not going to stress you out with online meetings at a fixed time.
    The participants of our training are from several different countries
    and continents, so it is impossible to choose a time that will work well
    for all time zones. Instead, we will prepare high quality video guides
    and send you a link by email when the video for the new training block
    is available online. In this way you will be able choose the best time
    to watch it just like you can chose the best time to watch this video
    right now.

  • Ayesha

    I want to know if, after the training we can make our own Balanced Score Card only with your software ? will we have to purchase that too?

  • Hi Ayesha,

    We will use BSC Designer software to demonstrate the practical part of
    the Balanced Scorecard. Our software supports Balanced Scorecard framework (with cause-and-effect connections, strategic themes and so on), so your knowledge will be applicable with or without our software. For sure it is recommended to use the software as it will make your life easier, but there are people who do everything on the paper and achieve good results.

    You are not obligated to buy software, during the training you can use trial version; if it has expired, we
    will provide you with an extended code so you have enough time to do all
    of your homework tasks and present your project.

  • Ayesha

    Thats great.
    How much would it cost to purchase your software ?
    Also, am I on time to join the june 22 training ?

  • Hi Ayesha,

    Yes, you are on time. Feel free to join.

    As for software, here is a price calculator: http://www.bscdesigner.com/buy-balanced-scorecard-software there is a choice between desktop version BSC Designer PRO and cloud version BSC Designer Online.

  • Reinhold Just

    Once I have registered, for how long do I have access to each block video once it has been published?

  • Hi Reinhold,

    Access time to the education videos is not limited. You will have the links to the videos uploaded to the private section on YouTube and will be able to check them out even after the training is finished.

    We have just started today, so you are welcome to join the group.

  • Ayesha

    I think Im late again! Can I join the July 20 training or will I have to wait for the next batch ?

  • Yes, you can, feel free to join.

  • Ayesha

    I have paid up for the Full Course costing $199 . How does this proceed ?
    I got a confirmation of the payment but nothing about the course.

  • Hi Ayesha, it was processed now. Feel free to follow the video guides and get back with your question by email if you will have any. Thank you for joining the training!

  • Ayesha

    I have paid up for the Full Course costing $199 . How does this proceed ?
    I got a confirmation of the payment but nothing about the course.

  • Ayesha

    I haven’t recd any video guides

  • Please, check emails from @bscdesigner.com (probably it has got into the spam folde), it was sent with “[BSC Step-by-Step] Block 1” in subject line.

  • Atul Guleria

    Dear I am an HR professional & i have to deal with BSC in case of performance planning. So, i want to hone my skills in BSC.

  • Hi Atul, good to see you here. Feel free to join the training, you’ll build the prototype of your scorecard for HR!

  • Ayesha

    Hi I’m Ayesha from India. I just finished the step by step training. I run a School here and I must say this course has helped me a lot in getting my team to think strategically . I am using this to train the principal, teachers and students to plan strategically.”

  • Alamin

    Dear, After training will we be able to create a balanced scorecard without using BSC Designer Software?

  • Hi Ayesha,
    Thank you very much for your feedback!

  • Dear Alamin,

    BSC Designer is used in the practical parts of the training to demonstrate key ideas, and for the time of the training we will generate for you a temporary licenses if needed. After the training you are free to use any software or create Balanced Scorecard even without software as ideas that you will learn will be still applicable.

Thank you for sharing!

Whether you are looking for a professional Balanced Scorecard software, or just researching information about Balanced Scorecard and business strategies, we recommend you to download and try our BSC Designer software (no credit card is required).

We will follow up with you with lessons about the Balanced Scorecard and will keep you informed about the trending articles on bscdesigner.com

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