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Master Class on Balance Business Score card, Monday, 20 September 2021 : CISCO Webex

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  • Master Class on Balance Business Score card, Monday, 20 September 2021 : CISCO Webex

    Master Class on Balance Business Score card
    1000 – 1300 hrs, Monday, 20 September: CISCO Webex

    Balance Business Score Card is a systematic Strategic Planning methodology to decide right Busines goals, both Short and Long term, both Lead and Lag indicators, that will drive Business performance and right behaviour. It is called a balanced approach, as it focuses on developing right strategies and goals that are just not financials but cover all 4 key perspectives – Financials, Customers, Process and Learning & Growth (People focus). Both Financial and Non-Financial goals and measures. It is much more holistic and sustainable model in the long run as it recognizes that Right Customer, Process and Learning goals and measures only can help achieve a company’s financial goals.

    Balance Business Score Card links company’s vision to strategic objectives, measures, targets, initiatives. It forces an organization to think about how objectives can be measured and only then identifies initiatives to drive the objectives. This avoids planning costly initiatives that have no impact on the strategy. An organization aspiring to be a global organization can decide relevant goals, strategies, measures and initiatives by using Balance Business Score Card methodology.

    Key Takeaways:
    After undergoing the programme, the participants will be able to :
    • Understand Concept and Process of BBSC
    Develop right short, medium and long term performance metrics in all 4 key busines perspectives
    • Develop right metrics that drives performance and achieve competitive edge
    • Plan and prepare a roadmap to deploy right strategies, measures and initiatives across organizations to drive desired outcomes
    • Involve all key people to develop and deploy right strategic objectives linked to company’s vision and mission
    • Align all of its resources and energy to its strategy
    • Use the training materials and various examples as reference for implementation.

    Focus Areas / Course Contents
    1. Definition and Purpose
    2. Why it is called ‘Balanced’
    3. Framework of BBSC
    4. Building Strategies and Score card – step by step
    5. Deployment across organisation :
    ·X Matrix,
    ·Hosin Catch Ball
    ·Performance Management system
    ·OGSM
    ·Toyota A3
    6. Business Performance monitoring
    7. Some benchmarking Goals / KPIs of world-class organizations.
    8. Company example

    Who all should attend?
    • Business leaders
    • Functional heads
    • SBU heads
    • Middle to Senior Managers
    • Faculties from academic institutes

    Faculty
    Subrata Mitra Majumdar, is a Management and Operational Excellence Consultant and a faculty of CII. He is a Mechanical Engineer from Bengal Engineering College, Shibpur”, Calcutta in 1986, Six sigma Master Black Belt from Indian Statistical Institute, Lean Black Belt, TQM trained in Japan, ‘CII Exim Business Excellence assessor’ by CII IQ.

    He has about 33 years of regional and global experience in multiple executive roles in Business management, Profit & Loss Management, Strategy, Operations, Quality ,Safety and Environment Management, Supply Chain , New Product Development, Enterprise Operating system deployment, Operational and Business Excellence.

    He has worked with both Indian and MNCs like Anand Automotive, ABB, Saint Gobain, TATA Autocomp, Kennametal and YG1. Some of the key positions held in his career are Quality, EHS and WCM head in Saint Gobain-Grindwell Norton Abrasives, Corporate Quality and Operational Excellence head in TATA Autocomp, Asia Pacific Operational Excellence head in Kennametal, Group Vice President Operations in Birla Precision, Global Mfg Improvement head & Managing Director in YG Cutting Tools India Operations.

    Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 5000 people so far in last 25 years and implemented TQM, Lean Manufacturing, Six Sigma, TPM, Constraint Management at about 40 plants,12 countries in Asia and Europe. Led, coached, mentored more than 2000 improvement projects that have generated financial benefits (Top & Bottom line) of more than 40 Million USD.

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  • #2
    He has worked with both Indian and MNCs like Anand Automotive, ABB, Saint Gobain, TATA Autocomp, Kennametal and YG1. Some of the key positions held in his career are Quality, EHS and WCM head in Saint Gobain-Grindwell Norton Abrasives, Corporate Quality and Operational Excellence head in TATA Autocomp, Asia Pacific Operational Excellence head in Kennametal, Group Vice President Operations in Birla Precision, Global Mfg Improvement head & Managing Director in YG Cutting Tools India Operations.

    Comment


    • #3

      He has about 33 years of regional and global experience in multiple executive roles in Business management, Profit & Loss Management, Strategy, Operations, Quality ,Safety and Environment Management, Supply Chain , New Product Development, Enterprise Operating system deployment, Operational and Business Excellence.

      Comment


      • #4
        Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 5000 people so far in last 25 years and implemented TQM, Lean Manufacturing, Six Sigma, TPM, Constraint Management at about 40 plants,12 countries in Asia and Europe. Led, coached, mentored more than 2000 improvement projects that have generated financial benefits (Top & Bottom line) of more than 40 Million USD.

        Comment


        • #5
          Management and Operational Excellence Consultant and a faculty of CII. He is a Mechanical Engineer from Bengal Engineering College, Shibpur”, Calcutta in 1986, Six sigma Master Black Belt from Indian Statistical Institute, Lean Black Belt, TQM trained in Japan, ‘CII Exim Business Excellence assessor’ by CII IQ.

          Comment


          • #6
            Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 5000 people so far in last 25 years and implemented TQM, Lean Manufacturing, Six Sigma, TPM, Constraint Management at about 40 plants,12 countries in Asia and Europe. Led, coached, mentored more than 2000 improvement projects that have generated financial benefits (Top & Bottom line) of more than 40 Million USD.

            Comment


            • #7

              He has worked with both Indian and MNCs like Anand Automotive, ABB, Saint Gobain, TATA Autocomp, Kennametal and YG1. Some of the key positions held in his career are Quality, EHS and WCM head in Saint Gobain-Grindwell Norton Abrasives, Corporate Quality and Operational Excellence head in TATA Autocomp, Asia Pacific Operational Excellence head in Kennametal, Group Vice President Operations in Birla Precision, Global Mfg Improvement head & Managing Director in YG Cutting Tools India Operations.

              Comment


              • #8
                It is much more holistic and sustainable model in the long run as it recognizes that Right Customer, Process and Learning goals and measures only can help achieve a company’s financial goals.

                Comment


                • #9
                  Balance Business Score Card is a systematic Strategic Planning methodology to decide right Busines goals, both Short and Long term, both Lead and Lag indicators, that will drive Business performance and right behaviour.

                  Comment


                  • #10

                    Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 5000 people so far in last 25 years and implemented TQM, Lean Manufacturing, Six Sigma, TPM, Constraint Management at about 40 plants,12 countries in Asia and Europe. Led, coached, mentored more than 2000 improvement projects that have generated financial benefits (Top & Bottom line) of more than 40 Million USD.

                    Comment


                    • #11
                      Conducted training in India and outside – China, Singapore, Thailand, Malaysia, Japan, Korea, Taiwan, Australia, Israel, Germany. Trained more than 5000 people so far in last 25 years and implemented TQM, Lean Manufacturing, Six Sigma, TPM, Constraint Management at about 40 plants,12 countries in Asia and Europe.

                      Comment


                      • #12

                        He has about 33 years of regional and global experience in multiple executive roles in Business management, Profit & Loss Management, Strategy, Operations, Quality ,Safety and Environment Management, Supply Chain , New Product Development, Enterprise Operating system deployment, Operational and Business Excellence.

                        Comment


                        • #13
                          It is much more holistic and sustainable model in the long run as it recognizes that Right Customer, Process and Learning goals and measures only can help achieve a company’s financial goals.

                          Comment

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