Overview
In today’s competitive landscape, organizations need clear strategies to create value for shareholders, customers, and citizens. Many traditional financial accounting systems fail to provide a foundation for measuring and managing the value created by enhancing the capabilities of an organization’s intangible assets. Without effective strategies to align and mobilize these intangible assets, organizations may forfeit major opportunities for value creation.
This workshop introduces the powerful concept of Strategy Mapping, a technique developed by Robert S. Kaplan and David P. Norton. Strategy maps help organizations clearly define and communicate the causal links among different components of their strategy. It helps reduce strategic complexity to a core set of key outcomes and drivers that are graphically represented to show how they causally relate to one another
Skills Covered
- Facilitating the development of a Strategy Map by a senior team to achieve their Vision and Mission.
- Clearly defining and communicating an organization’s strategy.
- Reducing strategic complexity to a core set of key outcomes and drivers.
- Graphically representing causal relationships among different components of a strategy.
- Aligning organizational leaders around a single interpretation of the strategy.
- Communicating the strategy to employees.
- Identifying leading indicators of strategic success.
- Validating and testing assumptions about core capabilities that drive performance.
- Structuring a core set of strategic performance metrics.
Who Should Attend
This workshop is designed for Directors, CXOs, and senior leadership teams responsible for formulating and executing organizational strategy.
Course Curriculum
Course Modules
Exam & Certification
This course is not associated with any Certification.