Get the free Balanced Scorecard.pub - Management Association of Pakistan - mappk

Management Association of Pakistan w an o one OK s h day o p Thursday, 28th May 2013 Carlton Hotel, Karachi 9:30 AM to 5:00 PM OBJECTIVE: This one day workshop aims to inculcate a practical framework

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1. Start by identifying the strategic objectives for your organization. These are the key goals that you want to achieve in order to be successful.
2. Once you have identified the strategic objectives, break them down into specific measures or metrics that can be used to track progress. These measures should be both quantitative and qualitative, and should align with your strategic objectives.
3. Next, determine the targets or goals for each measure. These targets should be ambitious but achievable, and should be based on benchmarking against industry standards or internal best practices.
4. Define the initiatives or action plans that will be implemented to achieve the targets. These initiatives should be specific, actionable, and aligned with the strategic objectives.
5. Assign responsibilities for each initiative to specific individuals or teams. This ensures accountability and ensures that progress is being made towards the targets.
6. Lastly, establish a monitoring and reporting system to track progress against the measures and targets. Regular review and analysis of the data will allow for adjustments to be made if needed, and will provide valuable insights into the effectiveness of the initiatives.

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