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Matt Evans, Principal
30 years of experience as an Auditor, Analyst, Financial Manager, Controller and Consultant in all three sectors: Private, Public, and Non Profit, holding CPA, CMA, and CFM. Wharton and Kellogg trained, Six Sigma Green.
This instructor has 2 courses »To Access This Course:
This course describes in detail the step by step process for building a Balanced Scorecard. This includes how to build strategy maps and extend different components into a common framework. Several best practices are also discussed such as applying evaluation criteria for developing the right performance measurements and rules to follow to keep scorecards simple and clean.
Upon completion of this course, you will know the exact steps to take for building a balanced scorecard that drives execution of specific performance objectives. Links to templates and other resources will be provided, ensuring you are fully equipped to build a balanced scorecard.
Learning Objectives
- Identify the five major steps required for building a successful Balanced Scorecard
- Identify the four barriers to strategic execution that Balanced Scorecards can help eliminate
- Recognize the four primary dimensions of most scorecards and the cause-effect relationship between each
- Recognize how to differentiate performance measurements between input, output and outcome
- Identify the five alignment points from top down that comprise a scorecard model
- Recognize objectives that are non-quantifiable from quantifiable
- Identify at least three rules you can follow for developing good strategy maps, measurements and targets
Last updated/reviewed: November 27, 2020
49 Reviews (152 ratings)Reviews
Anonymous
(Financial Manager)
The trainer's presentation covered all critical aspects developing a Balanced scorecard and its relationship with building a strategy map. His presentation was well done and I loved breakdown of 5 sections. Also, I am glad that the course includes practical tools: Strategic planning model, 18 scorecard templates and other relevant materials. I will definitely use the knowledge I learned during this course.
Monte Smith, CMA
(Chief Financial Officer at Gerding Companies, Inc)
I was pleasantly surprised by the content of this course. The supplemental information drives home the presenter's wish to help you truly develop your own company's balanced scorecard. Having recently gone through a strategic planning process, the roadmap provided will help me guide the implementation process.
Raveendran Madappattu
View Instructor Profile
Great presentation. The presentation provided a real-life situation for creating a Balance Score Card. The templates and takeaways from this course are really great. But I wonder RACI (Slide #28) stands for Responsible, Accountable (not Approval), Consulted and Informed.
Frank Brydzinski
(Corporate Controller at Fragomen, Del Rey, Bernsen & Loewy, ..)
Very comprehensive approach in a condensed session. Attachments and supporting documents were very helpful and a valuable tool to use in applying the concepts. Matt was very energetic and enthusiastic as an instructor.
Abideen Nosiru
(Senior Accountant (Financial Report,Plan.. at L G Electronics Nig Ltd (West Africa))
Though,the course is more of practical,I still expect the use of real life case study to be specific especially for a Lerner like me. I want to see how I can handle a company balance scorecard from the scratch to finish.
Lorna Fisher
(Retired Finance Professional with active.. at Retired and enjoying time to pursue pers..)
Excellent course. The instructor has command of the subject matter and provides several good tools that you can use to create a Balanced Scorecard.
Wilson Karanja
(Chief Executive Officer at Springboard Capital Ltd)
This was a very detailed and easily explained course. Anybody involved in strategy and balance scorecard management should go through this course
Collin Thomas
(None at None)
Have studied Balanced Scorecard before but did not gain a good understanding until this course. Looking forward to using the tools provided.
Portia Dlamini
(Finance Director at Inyatsi Construction Ltd)
i like the way the tutor presented the lecture. Its a simplified process of building a balance scorecard
Our Managers would benefit
Anonymous
(Finance Manager)
The course was very informative. The tools and templates are welcome instruments. The instructor's voice was very animated.
Kevin Murray
(Controller at DA Collins)
A good presentation on matching company strategy with improvements in processes that everyone can contribute to.
Paul Whatley
(Lead IT Auditor at Gulfport Energy)
Very comprehensive. Matt provides detailed instructions on how to build a balanced scorecard from the ground up.
Anonymous
(Sr. Accountant)
Thorough and well-presented course with a very knowledgeable instructor. Lots of material to digest.
Anonymous
(Board Member)
I was amazed that this topic could be covered so succinctly in just an hour. Great tools provided!
Anonymous
(Vice President - Strategy, Corporate Dev..)
Excellent course with some fantastic tools and guidance for real-world implementation.
Jacqueline LaFleur
(Finance Manager at Laureate International Universities)
Was very descriptive and detailed for anyone getting started on building a scorecard
John Lee
(Owner at John Lee Accounting &Tax)
This is a good reminder about a tool that can help you as you manage a company.
Anonymous
(-)
Great information and presentation. Good detailed slides and easy to follow.
Anonymous
()
Course is well laid out with lots of supporting templates and resources.
Anonymous
(-)
Excellent content and presentation. I commend this course to everyone.
Craig Scanlon
(Owner at BST)
Great overview and most impressive supporting material I have seen!
Anonymous
(SVP, Finance)
Excellent course, great presentation, and great slides & tools
Anonymous
(Owner)
This was a great overview of the Balanced Scorecard process.
Anonymous
(CPA)
Sorry, I almost never criticize, but this was pure pedantics
Anonymous
(VP, Finance)
I've always wanted to learn more about Balance Scorecard.
Anonymous
(Director)
I really appreciated to have all the supporting materials
Torin Campbell, CMA
(Controller at Form-A-Fab)
Very well structured presentation that is very practical!
Anonymous
()
Well presented and relatable. Concise and constructive.
Anonymous
(Salaried Consultant)
A great top down approach to implementing a strategy.
Melvin Balberan
(Senior GL Accountant at Netsuite Philippines Inc.)
This is a great course. I will recommend this course
Anonymous
(-)
the added course materials should prove very useful
Anonymous
(Sr. Director, FP&A)
I liked the tools provided as part of the plan.
Anonymous
(Finance & Accounting Consultant)
Excellent approach with helpful templates, too.
Anonymous
(Senior Accountant)
Very good course with detailed guidelines.
Anonymous
(AP Associate)
I love the the way he gave real examples.
Anonymous
(Chief Financial Officer)
Good specifics on the balanced scorecard
Sylvia Ratliff
(internal audit consultant at self employed)
Interesting and well explained
Anonymous
(Accounting Manager)
Very informative information
Siva Vinay
(Interim Controller at Navona)
very structured and detailed
Rudy Fischer
(Partner at RKFischer & Associates)
Some good tools to consider
Tim Philips
(Controller at Self)
Good overview for managers
Larry Swanson
(Sr. Project Manager at Grant Thornton LLP )
Very well organized
Wayne Burns
(CFO at Steve's Livestock Transport)
Very useful course
Betsy Brycki
(Accountant at Informed Systems)
Good examples.
Anonymous
()
Good refresher
Anonymous
(-)
good overview
Baris Arslan
(Internal Audit Manager at Freelance)
Very Helpful
Anonymous
(Accountant)
Helpful
trisha coady
(None at None)
great
Prerequisites
Course Complexity: Intermediate
No advanced preparation or prerequisites are needed for this course
Education Provider Information
Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .