Jordan Ahli Bank participates as Platinum Sponsor in the Balanced Scorecard Seminar

In response to what it perceives as an urgent need in the market for sound corporate governance strategies, Jordan Ahli Bank recently participated as a Platinum Sponsor in the Balanced Scorecard Seminar recently organized by Tanweer Business Consultancy & Training, which also featured the participation of Baker Foundation Professor Robert S. Kaplan. High profile executives from various local and regional companies also attended the event.

Bashar Al Bakri , Deputy CEO Head of Group Human Recourses at Jordan Ahli Bank, explained that this training day constitutes a golden opportunity for building knowledge and capacities on the mechanisms for implementing and developing the Balance Scorecard concept within organizations, which has proven to boost operational performance and sustainability by leveraging on the latest models in strategy and planning.

"Our sponsorship of this event comes to showcase our commitment to reinforcing the integrity of the local business community by promoting knowledge-based and sustainable practices in strategy, planning and corporate governance," commented Al Bakri.

The training day covered a variety of essential topics, such as entrepreneurial vision; strategic congruity between managements, employees and resources; business and executive strategies; activity-based costing; and, of course, the Balanced Scorecard concept, which was developed by Prof. Kaplan himself and has evolved to become one of the most essential managerial tools for reinforcing organizational performance. The power of the concept stems from the unique way in which it articulates the links between leading inputs within an organization, focusing on the importance of managing these components to achieve the organization's strategic priorities.