Balanced scorecard and policy deployment
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The document outlines a two-day experiential learning program focused on effective goal deployment using the balanced scorecard and policy deployment (hoshin kanri) approaches, scheduled for March 17-18, 2017, in Bangalore. It emphasizes the importance of aligning individual goals with organizational objectives through these methodologies, which integrate performance measures and management strategies for better execution. Targeted at senior managers and executives, the program includes various tools and concepts aimed at enhancing business excellence across multiple sectors.
Balanced scorecard and policy deployment
- 1. Two Days Experiential Learning Program on “ Effective Goals deployment using Balanced Scorecard and Policy deployment (Hoshin Kanri) approach” Venue : Seven Steps Academy of Excellence, Bommasandra – Near Electronics City BANGALORE Presents +91 98863 18437 www.ssbts.in saptha@ssbts.in 17th and 18th March 2017 BANGALORE Two Powerful concepts to execute your Vision and Strategies 8.55 AM to 5.25 PM
- 2. What is Balanced Scorecard ? “Balanced Scorecard (BSC) terminology coined by Art Schneiderman and later popularized as a concept by Kaplan and Norton through their famous book “The Balance Scorecard”. We can describe the Balanced Scorecard as a carefully selected set of measures derived from an organization’s strategy. These set of measures form 4 legs to achieve balance and satisfy all the stakeholders. The 4 legs are Financial, Customer, Internal Business Process, Learning and Growth. What is Policy Deployment Or Hoshin Kanri ? Policy Deployment is a systematic method of focusing an organization on critical breakthrough areas by planning, implementing and reviewing improvement activities. Policy deployment has its origin in Japan where it is known as Hoshin Kanri. The word hoshin means “shining metal” or magnet. The work Kanri means “management”. Hence Hoshin Kanri, literally means Management of Direction or Management For Objectives. Why the Combination of Balanced Scorecard and Policy Deployment is a powerful concept ? While Balanced Scorecard helps in Translating Vision and Strategies into meaningful performance measures, Policy deployment helps in effective deployment of the measures at all levels using a structured and disciplined approach. Together they help in execution of strategy with accountability and conviction. The other benefit is Alignment and Integration of all functions towards organization’s objectives without any conflicts. +91 98863 18437 www.ssbts.in saptha@ssbts.in
- 3. The Need for Balanced Scorecard and Policy Deployment The Challenge: How to synchronize individual goals towards achievement of organization goals through proper alignment and Integration. “Organization is like an Orchestra team, where everyone should play their role in a balanced manner to deliver the desired outcome” +91 98863 18437 www.ssbts.in saptha@ssbts.in Robert S. Kaplan and David P. Norton. You Can’t Manage Strategy with a System Designed for Tactics “If everyone is moving forward together, the success takes care of itself.”
- 4. Relationship between Mission, Vision, Strategy and Tactics Introduction to Balanced Scorecard Introduction to Policy Deployment Daily Management Vs Policy Deployment Effective Review Systems ( PDCA) Case Studies Tools for Deployment X Matrix Catch Ball A3 Charters Daily Work Management System Leader Standard work Organization Health Indicators Visual Management and Dashboards Obeya (War room) Concept Relationship between Lean Six Sigma and Hoshin Kanri Cultural Barriers and how to overcome it Implementation Roadmap Quiz COURSE STRUCTURE +91 98863 18437 www.ssbts.in saptha@ssbts.in Certificates will be issued after successful completion of course Who Should Attend: Senior Managers and Executives who are responsible and accountable for translating Vision , Strategy in to Annual Goals , Actions and Results
- 5. +91 98863 18437 www.ssbts.in saptha@ssbts.in Investments Seven Steps Business Transformation Systems Bangalore – 560036 Ph: +91 9886318437 +91 9008315533 BSC and Policy Deployment Seven Steps Business Transformation Systems provides Business Excellence Solutions in the areas of Manufacturing, Service, Education and Healthcare. The Company is managed by professionals who have vast industry experience and passionate about Business Excellence. Our expertise includes Business transformation Strategies, Balanced Score-card, Policy Deployment, TQM, TPM, Lean, Six Sigma, Quality Management Systems, Business Process improvement and Environment & Safety Management Systems. Please visit www.ssbts.in for more details. Faculties : Principal Trainers who have more than 20 years experience in coaching and practicing Business Excellence in both Manufacturing and Service Industries. RS 9400 / per participant + Service Tax Rs 1410 ( Includes Course Material, Lunch and High Tea both Days) 10 % discount will be given for organizations sponsoring more than 2 participants. Early Bird Discount of 10 % for Participants registering before 5h March 2017 Mode of Payment: a) Cheque or DD in favour of SEVEN STEPS BUSINESS TRANSFORMATION SYSTEMS payable at Bangalore b) Online transfer to our account No 34960200000133 Bank of Baroda, K R Puram Branch IFSC Code BARB0KRPURM LAST DATE FOR REGISTRATION 14 March 2017