Balanced Scorecard Master Professional (BSMP) Certification

About the Course

This is a required course for the Balanced Scorecard Master Professional (BSMP) Certification seekers. It is designed for those who have already achieved the Balanced Scorecard Professional Certification and passed the exam. This course includes advanced Balanced Scorecard topics, mentoring from a senior Institute certifying trainer, and the development of a student practical application.

This five-day course uses the Balanced Scorecard Institute’s nine-step framework: Building and Implementing a Balanced Scorecard: Nine Steps to Success™. The course is taught in an interactive manner, using lectures, lessons learned, practical examples, mentoring with specific help on each student’s application example, shared participant experiences, before and after scorecard examples from actual client engagements, certification exam preparation, and practice sessions. The culmination of the course is a student presentation to the class and instructors.

Successful implementation techniques will be taught, as well as tips and tricks for dealing with implementation issues standing in the way of successful scorecard programs. Change management and facilitation skills will be taught, and participants will have a chance to practice these skills.

Benefits Of Attending

• Comprehensive approaches to strategic planning, strategic thinking, strategy mapping, strategic management, performance measurement and target setting, initiative prioritization, performance information systems, and program evaluation
• The Institute’s Nine Step methodology for building and implementing Balanced Scorecard (BSC) planning and management systems
• Communications strategy development and change management aspects of the Balanced Scorecard journey
• Facilitation and coaching skills necessary to lead team workshops to develop your Balanced Scorecard system
• Develop your own Balanced Scorecard system with the help of an experienced consultant

Key Learning Objectives

• Learn advanced techniques for building and implementing a Balanced Scorecard performance management system, including strategic planning, strategic management, performance measurement and target setting, initiative prioritization, performance information systems, and program evaluation
• Learn advanced communication and change management aspects of the Balanced Scorecard journey
• Learn how to overcome the 10 most common challenges to success, and practice building a scorecard application under the eye of an experienced certified Balanced Scorecard trainer
• Develop a full BSC using the Nine Steps to Success™, stage by stage, throughout the week, culminating in a presentation on Day Five as part of the course assessment and exam
• Learn facilitation and coaching skills necessary to lead and participate in team workshops
• Learn how to cascade the enterprise scorecard throughout the organization

Course Prerequisite

This course is designed for participants who have already completed the Balanced Scorecard Professional Certification (BSP) and passed the BSP Certification Exam.

Participants are highly discouraged from taking the application course immediately after taking the BSP program, as the application program experience is improved dramatically when the participants have real-world problems to discuss and address. Before registering for the Balanced Scorecard Master Professional (BSMP) Certification, It is recommended to gain at least three to six months of practical experience using the framework after completing the BSP program.

Participants will need to come prepared to develop a real scorecard based on their needs.

Course Materials

• Over 200-page workbook and over 220-page resource book, in addition to other handouts including case studies and templates
• Performance Toolkit® with worksheets for each step of the methodology
• Readiness assessment and lessons learned tips
• Sample organization assessment survey with questions
• Sample strategy maps on large-format charts
• Proptech companies and investors
• Packet of case studies and exercises
• Advanced practitioner toolkit material, including templates, detailed guidelines for facilitation, sample schedules for building a scorecard system, definitions, and a summary of each step in the process

Course Methodology

Throughout the Balanced Scorecard Master Professional (BSMP) course, we will use case studies and exercises in small groups to allow each participant to practice facilitation techniques and receive feedback from the instructor. You will work with your colleagues from a wide variety of organizations with different perspectives. You come to the program with an application example from your organization or from a personal interest area, and you build your scorecard during the class, with expert instructor feedback at each step of the process.

Delivered by Alan Fell

Alan Fell is a UK-based independent consultant and management trainer, specialising in the Balanced Scorecard and the wider disciplines of Strategy Execution.

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