Business & Money | Monday 31 August, 2015 2:33 am |

The Gulf Organization for Industrial Consulting (GOIC) is holding a training course entitled “Balanced scorecards (BSCs) for a successful execution of the strategy” between the 13th and  17th of September 2015 at the Organization’s headquarters in Doha, Qatar.

This training course aims at determining current challenges to the successful implementation of a given strategy. It focuses on strategic analysis prior to the development of a corporate strategy (future business strategy) and stresses the importance of setting flexible goals to guide the institution/organisation. It tackles communication issues at the administrative level and the will to change and identifies key factors allowing a successful execution of a given strategy and a quick review of balanced scorecards (BSCs).

This training targets department managers, decision makers, parties involved in the implementation of corporate strategies, planning staff, employees of institutions using BSCs and various stakeholders in the area of strategy development and implementation. 

The training course helps participants develop a clear and successful strategy and understand the need for realistic strategic analysis to reinforce decision making throughout the planning process. It expands the knowledge of participants in the following areas: SWOT analysis, PEST analysis, 30understanding competitors and parties influencing institution’s activities, revisiting and updating their organisation’s vision, message and values, setting measurable overall objectives, transforming corporate strategy into work plans and developing performance indicators.

Furthermore, this course provides participants with necessary tools to develop procedural steps transforming the strategy into reality and implementing a successful plan to set a coherent balance between the work plan and the budget. Each individual within the organisation  implementing the strategy and the use of BSCs is necessary to manage the execution of the strategy. In this regard, the training will expand on strategic progress, BSCs and various options to manage BSC tools. 

 Dr. Laila Diab Shrair, Strategic Planning Consultant at GOIC Secretary General Office will deliver the training. 

Dr. Shrair holds a doctorate in quality development and strategic planning from the University of Leeds in the United Kingdom. She is a UNDP-Abu Dhabi Consultant and took part in several major projects such as: The Knowledge-Based Economy project with the World Bank, Qatar’s Labour Market Strategy with the World Bank and Qatar Vision 2030.

GOIC seeks to promote individual and organizational capacities of the industrial sector in GCC countries and Yemen through its Training and Capacity Development Program (TCD). You can visit GOIC website www.goic.org.qa and register online for similar workshops or communicate with us via Facebook and Twitter.