
Rationale
Today's organizations face challenges in measuring business performance, accumulating vast amounts of data without effective data synthesizers, and lacking systematic data storage, reporting standards, and criteria for organizational data analysis, strategy development, cost reduction, and revenue growth. All of these factors place increasing pressure on executives to enhance planning and control to ensure the financial stability of the organization
To meet these needs, organizations require sound reporting and data summarization principles to understand organizational performance, analyze results effectively, and provide management with reliable and standardized information for decision-making, enabling accurate strategic planning and organizational direction
objective
- I learned how to formulate strategies and apply the Balanced Scorecard (BSC) to the organization's business operations
- Participants will practice the thinking process and procedures for generating reports and summarizing data for their business, from a BSC (Business Scorecard) perspective. Participants will receive output from workshops covering every step of the process
Who is suitable to attend this seminar?
- Organizational executives
- Executives/managers oversee various departments within the organization
- The organization's information technology manager
- Enterprise data analysts; enterprise information officers
Benefits and things to be gained from this seminar
- Participants will practice and develop step-by-step thinking processes in designing executive reports and summarizing data to create organizational reports from a BSC (Business Scorecard) perspective
- Summarizing data in a standardized manner will help you utilize the information available within your organization effectively for operational purposes and organizational planning
- Sample reports summarizing data for various types of organizations are available for you to adapt and use for your own organization
- There are guidelines, thought processes, and report design approaches for preparing information for organizational executives
- The information available within the organization can be utilized effectively, and actions are aligned with the organization's strategy
- All participants will receive a Business Analytics Training Certificate
- The company is eligible for a 200% tax deduction
Course details
BAT3-BSC
Business Analytics with Balanced Scorecard and Strategy Map (Advanced) - 2 days
This workshop focuses on presenting data visualizations to executives (dashboards) from the perspective of the Balanced Scorecard and Strategy Map, which address short-term and long-term strategic management and aligning data with the organization's strategy, mission, and vision
40% theory, 60% practice *May be adjusted as needed
Training schedule for day 1
9.00 – 12.00
- Review the concept of the Balanced Scorecard
- What is BSC and what are its benefits?
- Why four perspectives?
- Why do we need to create a Strategy Map?
- Why shift from Vision to Action?
- Pitfalls and obstacles in implementing BSC in organizations
- It's truly unbalanced
- It has the form but lacks effectiveness
- Some aspects may not be suitable for a Thai organization
- The resulting impact
- Using BSC didn't improve the performance management system
- Conflicts arose between internal departments
- We've measured it, we know the result, but we can't do anything further
13.00 – 17.00
- Examples of questions that need to be answered before implementing BSC in an organization
- What is the organization's true goal?
- What does the future of business look like in the next 5-10 years?
- What is more important at each stage: profit, growth, or sustainability?
- How do organizational, departmental, and employee performance evaluations relate to each other?
- Guidelines and procedures for reviewing/implementing BSC in an organization
- Setting organizational strategic goals
- Developing a business plan/operational schedule to support the goals
- Distributing goals and plans in a consistent manner
- Tracking performance throughout the year
- Annual performance evaluation and summary
Training schedule for day 2
9.00 – 12.00
- Overview of Business Analytics/Business Intelligence/Big Data
- Challenges of Business Analytics/Business Intelligence/Big Data
- The meaning of BA/BI/Big Data Analytics
- RDBI Big Data Architecture
- Internal enterprise management systems: TPS/MIS/DSS/EIS
- Practice following the process, which is a set of steps for gathering requirements to be used in developing a BI/BA/Big Data system
- Define the business processes of the organization or department
13.00 – 17.00
- Practice following the process, which is a set of steps for gathering requirements to be used in developing a BI/BA/Big Data system (continued)
- Define the objectives, goals, and desired outcomes
- Define the perspective for data analysis
- Define performance indicators
Training schedule for day 3
9.00 – 12.00
- Practice following the process, which is a set of steps for gathering requirements to be used in developing a BI/BA/Big Data system (continued)
- Design a report
- Design a dashboard or visual summary of organizational or departmental data
- Monitoring and evaluation
13.00 – 17.00
- Practice following the process, which is a set of steps for gathering requirements to be used in developing a BI/BA/Big Data system (continued)
- Present the training results from each company/organization/department, along with feedback
- Summarize the presentation and suggest the next steps
note
- The schedule may be subject to change as needed
- Every step of the practical training will be accompanied by examples, and instructors will provide guidance throughout the workshop
lecturer
1. Mr. Narongwit Saentong, Managing Director of NS Values Co., Ltd., consultant and author with extensive experience in both limited and public companies.
Author of the book "The Balanced Scorecard: Real-World Application Examples in Organizations."
2. Ms. Nuchanat Rongrong, Founder and Managing Director of R&D BI Co., Ltd.
– Creator of this course and has conducted 16 workshops
. – Experienced consultant in implementing enterprise-level projects, including Management Information Systems (MIS) for senior executives in 9 public and private companies, government agencies, and state enterprises over approximately 5 years, such as TCC Land Co., Ltd., Tipco Asphalt Public Company Limited, and Boots Retail (Thailand) Co., Ltd.
– Over 15 years of experience in Business Analytics.
– Adjunct lecturer at Rangsit University.
– Officer at the System Innovation Center, King Mongkut's University of Technology Thonburi, implementing Productivity Improvement projects and serving as project secretary for both the Faculty of Information Technology and King Mongkut's University of Technology Thonburi.
– Learning support lecturer, Faculty of Information Technology, King Mongkut's University of Technology Thonburi. Taught undergraduate courses in MIS, MIT, and BIS, and cohorted six graduate students in the BIS program for Internet Marketing.
– Facilitator for the Strategic Planning and Monitoring and Evaluation course at the Faculty of Science, Burapha University, Rajamangala University of Technology Suvarnabhumi, and Mae Fah Luang University.
– Facilitator for the Ministry of Agriculture and Cooperatives and compiler of the book on Public Sector Management Quality Award (PMQA).
– Researcher for the project on establishing standards for auditing and accepting technology and information system development projects in government agencies.
– Administrative/Information Officer.
Training format
note
The schedule may be subject to change.
Every step of the practical training will include examples, and instructors will provide guidance throughout the workshop.
For more information, please contact us at https://demo.rdbi.co.th/contact/,
via our
Line official account: @rdbi,
or by email at sales@rdbi.co.th.
