Learn Balanced Scorecard Basics Online

Identify, document, plan, and execute a balanced strategic mission, using the balanced scorecard tool


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Over the past several decades, organizations have come to realize that success cannot only be measured in dollars and cents. Intangible assets (like a company’s reputation, the knowledge base created by their employees, and training initiatives) can make up a huge portion of a company’s wealth. It only makes sense, then, that we need a new tool to help us measure this expanded definition of success. This tool is the balanced scorecard. The balanced scorecard and its related components will help your organization identify, document, plan, and execute a balanced strategic mission. It will also help your organization evaluate and revise its strategic execution. In this course, you will learn the basics of the balanced scorecard and you will be able to determine if this powerful tool is a good fit for your organization.

This course touches on the definition of balanced scorecard, when to use or not use a balanced scorecard, the balanced scorecard process, vision statement, understanding mission, vision and values, plan and processes, balanced scorecard teams.



At the end of this course you will be able to:

  • Understand what a scorecard is
  • Avoid balanced scorecard pitfalls
  • Decide if the balanced scorecard is the right tool for your organization
  • Identify a strategy map and a tactical action plan
  • Understand how values, mission statements and vision statements tie into the balanced scorecard
  • Apply processes that support the balanced scorecard



This course is designed for:

  • Business owners and executives



None/No previous knowledge required.



3 hours



This course comes with 9 lessons consisting of text, interactive cards and a quiz.
It is a self-paced program available 24/7. Participants can learn at their own pace, anytime, anywhere and on any device.



A participation certificate will be issued on completion of the course.


Course Content


Session One: Course Overview


Session Two: Understanding the Balanced Scorecard


Session Three: The Ingredients for Success


Session Four: Overview of the Balanced Scorecard Process


Session Five: Creating a Project Vision Statement


Session Six: Understanding Organizational Mission, Vision, and Values


Session Seven: Plans and Processes to Build


Session Eight: Building Balanced Scorecard Teams

Example Certificate

Cudoo Certificate Sample


Course features:

7 Modules

Full Lifetime Access

Available on Web

Certificate of completion

20 Enrolled