Strategic Planning & Execution Using the Balanced Scorecard

An Intensive 5-day Training Course

Strategic Planning & Execution
Using the Balanced Scorecard

Turning Strategy into Reality

Strategic Planning & Execution Using the Balanced Scorecard

Scheduled Dates

Classroom

21 - 25 Apr 2025Dubai - UAE$5,950RESERVE A SEAT
12 - 16 May 2025Dubai - UAE$5,950RESERVE A SEAT
07 - 11 Jul 2025Dubai - UAE$5,950RESERVE A SEAT
21 - 25 Jul 2025Zagreb - Croatia$5,950RESERVE A SEAT
03 - 07 Nov 2025Dubai - UAE$5,950RESERVE A SEAT
29 Dec 2025 - 02 Jan 2026Manama - Bahrain$5,950RESERVE A SEAT
20 - 24 Apr 2026Dubai - UAE$5,950RESERVE A SEAT
11 - 15 May 2026Dubai - UAE$5,950RESERVE A SEAT
06 - 10 Jul 2026Dubai - UAE$5,950RESERVE A SEAT
02 - 06 Nov 2026Dubai - UAE$5,950RESERVE A SEAT
28 Dec 2026 - 01 Jan 2027Manama - Bahrain$5,950RESERVE A SEAT

Online

03 - 07 Nov 2025Online$3,950RESERVE A SEAT

Would an alternative date be more suitable?

We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.

In-House Solutions ›

Why Choose this Training Course?

This Strategic Planning & Execution Using the Balanced Scorecard training course helps organizations to put strategy at the heart of everything they do. By translating strategy into a balanced set of objectives - covering Finance, Customer, Internal Processes and People - the 'Balanced Scorecard' approach enables organizations to turn their strategies into operational reality. Clear measures and targets allow leaders to steer their organization towards its long-term goals, and engages managers and staff to contribute more fully to its success.

The Balance Scorecard focuses all resources on achieving the strategy; employees are empowered to develop and perform, internal processes are enhanced to deliver what customers want, and of all this lead ultimately to financial success.

This Petroknowledge training course will highlight:

  • Operationalizing strategy to improve organization performance
  • Integrating the Balanced Scorecard to become the nerve-center of the organization
  • Engaging and empowering all employees to deliver the strategy
  • Putting customer service at the heart of operations
  • Enabling leaders to measure and monitor progress towards strategic objectives on a daily basis using the latest web-based technology

What are the Goals?

At the end of this Strategic Planning & Execution Using the Balanced Scorecard training course, you will learn to:

  • Build a Balanced Scorecard from scratch, based on your organization’s strategy
  • Overcome obstacles to implementing a Balanced Scorecard in practice
  • Translate strategy into tangible results to be measured and monitored
  • Align people and resources to focus on achieving the strategy
  • Adjust and enhance strategy in line with a changing environment

Who is this Training Course for?

This Petroknowledge Strategic Planning & Execution Using the Balanced Scorecard training course will benefit those who need to understand and enhance the part they play in delivering their organizations strategy. It is suitable to a wide range of professionals but will greatly benefit:

  • Executives
  • Managers with responsibility for creating or managing a Balanced Scorecard
  • Financial Officers and Controllers
  • Process Managers
  • Strategic Planning Managers

How will this Training Course be Presented?

The key to this Strategic Planning & Execution Using the Balanced Scorecard training course is hands-on experience of building Balanced Scorecards from scratch for participants’ own organizations. A variety of team-based activities, videos and discussion are also used to enable participants to grasp the end-to-end process of creating and implementing a Balanced Scorecard.

Organisational Impact

The main benefit of this Strategic Planning & Execution Using the Balanced Scorecard training course is to help people turn an organization’s vision into a practical reality. Other benefits include:

  • Delivery of improved operational performance
  • Aligning different elements of the organization around a common strategy
  • Monitoring ongoing performance improvement
  • Communication of strategy to engage all employees
  • Aligning strategic initiatives to organization strategy

Personal Impact

Participants will become confident and able to achieve the benefits of the Balanced Scorecard in practice through: 

  • Deeper knowledge and understanding of the link between the Balanced Scorecard and Strategic Planning
  • Applying a systematic methodology for developing and managing a Balanced Scorecard
  • Practical experience in the creation and use of the Balanced Scorecard
  • Increased capability to monitor and drive performance improvement
  • A methodical approach to rolling out a Balanced Scorecard using the latest web-based technology
  • Best practice approaches to engaging stakeholders with the Balanced Scorecard

Daily Agenda

Day One: Introduction to the Balanced Scorecard
  • Introduction to the balanced scorecard
  • Benefits of the balanced scorecard
  • Beginning with a vision
  • The financial, customer, process perspectives in detail
  • Strategy maps and strategic themes
  • Lag and lead measures / KPIs
  • Constructing a strategy map
Day Two: Understanding Strategy
  • The balanced scorecard development process
  • Understanding organizational strategy
  • Exploring the strategies of participants’ own organizations
  • Creating a strategy-centric organisation
  • Engaging the leadership team
Day Three: Building Strategy Maps
  • The learning & growth perspective in detail
  • Creating a climate for action
  • Creating strategy maps for participants own organisations
  • Strategic measures / KPIs
  • Linking strategy and business planning
Day Four: Building a Complete Balanced Scorecard
  • Strategic targets
  • Mapping strategic initiatives
  • Monitoring and reviewing the balanced scorecard using the latest web-based technology
  • Completing the balanced scorecard for participants’ own organizations
  • Planning for implementation
  • Cascading the balanced scorecard across an organization
Day Five: Pulling It All Together
  • Reviewing and enhancing participants’ balanced scorecards
  • Identify potential pitfalls and barriers to implementation
  • Gaining buy-in and ownership for the balanced scorecard
  • Top tips for successful creation and implementation of a balanced scorecard
  • Making a personal plan of action based on the training course

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

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Frequently Asked Questions

Why PetroKnowledge?

PetroKnowledge is a globally recognized provider of training courses for oil and gas professionals, offering a wide range of specialized training courses designed to enhance knowledge, skills, and expertise in the energy sector. With courses tailored to meet the evolving demands of the oil and gas industry, PetroKnowledge helps professionals stay up-to-date with industry standards, technological advancements, and best practices.

Who are these training courses designed for?

Our courses are specifically developed for professionals in the oil and gas industry, including engineers, technical staff, managers, and other specialists looking to advance their careers. Whether you’re a seasoned expert or new to the sector, our training for oil and gas professionals is suited to individuals at all stages of their professional journey.

Are the courses delivered online or in person?

PetroKnowledge offers flexible learning solutions with both online courses and in-person training options. Online courses for oil and gas professionals provide the flexibility to learn from anywhere, while in-person courses offer a hands-on, interactive learning environment. Each training course page provides detailed information on the delivery format, allowing you to choose the option that best meets your learning style and schedule

Can I get a customized training course for my team?

Yes, PetroKnowledge offers customized in-house training solutions for organizations looking to upskill their teams. We work closely with companies to design bespoke training courses for oil and gas professionals that address specific challenges and objectives. Whether you need on-site training or online solutions, we can tailor the training courses to suit your organization’s needs.

Are there any prerequisites for attending a course?

Certain advanced training courses for oil and gas professionals may require prior experience or technical knowledge. These prerequisites ensure that participants can fully benefit from the course content. We recommend reviewing the course description on the relevant page to determine if any prerequisites apply to your selected course.

How can I enroll in a course?

Enrolling in one of our training courses for oil and gas professionals is simple and convenient. Navigate to the specific course page, click “Enroll Now,” and complete the registration form. You will receive a confirmation email with further details on how to proceed.

You may also get in touch with our Registration Team on
+971 50 981 7386 | +971 2 557 7389 or send an email to [email protected]

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Will I receive a certificate after completing the course?

Yes, upon successful completion of our courses for professionals in the oil and gas industry, you will receive an industry-recognized certificate from PetroKnowledge. This certification is designed to validate your skills and knowledge and can significantly enhance your professional credentials, boosting your career prospects in the competitive oil and gas sector.

When and how do I arrange payments?

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

What is the refund or cancellation policy?

Our refund and cancellation policy varies depending on the course and circumstances. Generally, cancellations made at least 21 days before the training are eligible for a refund, less any administrative fees. If you have any specific inquiries about the cancellation or refund, don’t hesitate to contact our support team, who can assist with your booking and cancellation queries.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to [email protected].

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