article thumbnail

Implementing an Organizational Performance Measures System

Strategy Driven

Drive Superior Organizational Performance… Learn how to develop and implement a performance measures system that drives superior performance by aligning managerial decisions and employee actions with your corporate strategy. Common metric types and construction characteristics.

System 62
article thumbnail

Developing Performance Measures

Strategy Driven

Once KPIs (key performance indicators) have been identified and constructed, they will help to determine the direction and focus of your business in its finance, operational and strategic objectives,” says Leonard Johnson, a writer at Last Minute Writing and Writinity. Document Performance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Organizational Performance Measures Best Practice 16 – System Development

Strategy Driven

Subsequently, it is important that the characteristics of performance measures within the system be well aligned to enable multi-indicator information development and data flow. Developing performance measures as a system rather than a collage of individually constructed indicators is the most effective way of achieving this alignment.

System 50
article thumbnail

Organizational Performance Measures Best Practice 25 – Performance Metrics Inventory Database

Strategy Driven

Over time, leaders can grow their performance measurement systems to include almost countless numbers of interrelated metrics. We can work with you to assess and improve your performance measurement system; yielding metrics and reports that are operationally relevant, organizationally consistent, and economically implemented.

Metrics 58
article thumbnail

Organizational Performance Measures Best Practice 20 – System Approval by the CEO

Strategy Driven

Therefore, it is crucial that the executive team approves, buys-in to, and reinforces the organizational performance measurement system so to ensure its credibility with the workforce at large. You just finished reading Organizational Performance Measures Best Practice 20 - System Approval by the CEO ! Consider leaving a comment!

System 50
article thumbnail

Organizational Performance Measures Best Practice 33 – Predictive Performance Indicators

Strategy Driven

Based on our work with dozens of large and small companies, StrategyDriven constructed several models reflecting the relationships between those mechanisms shaping the decisions and behaviors generating an organization’s outcomes. Relate Articles: Organizational Performance Measures Best Practice 20 – System Approval by the CEO.

KPI 50
article thumbnail

Organizational Performance Measures – System Implementation Challenges

Strategy Driven

Organizational performance measurement systems are complex constructs that significantly impact leadership decisions, employee behaviors, and management processes and systems. Acceptance of a new or upgraded performance monitoring system centers on metric and report accuracy. Technology Related Challenges.

System 72