Performance Measure Development Sheets

Effective performance measurement systems consist of high-quality individual measures associated with a strongly interrelated framework. Using this deliberately developed framework, leaders ascertain organizational performance quickly and accurately. The system itself should be economic to maintain and provide readily available updates typically necessitating a degree of automation. Quality systems present the same view of performance to a broad number of individuals within the organization concurrently. To achieve all of these qualities, each measure must be well thought-out and developed individually and then integrated into the collective system.

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Additional Information

Additional information on the individual characteristics of quality performance measures and their construction can be found in the following StrategyDriven articles and documents:

Articles

Organizational Performance Measures Best Practice – Common Construction Characteristics
Organizational Performance Measures Best Practice – Style Sheets
Organizational Performance Measures Best Practice – Performance Metrics Inventory Database
Organizational Performance Measures Best Practice – Predefined Action Thresholds
Organizational Performance Measures Best Practice – Multiple Action Thresholds
Organizational Performance Measures Best Practice – Performance Measures and Thresholds Aligned with Regulatory Standards
Organizational Performance Measures Best Practice – Contextual References
Organizational Performance Measures Best Practice – Documenting Performance Measure Drivers
Organizational Performance Measures Best Practice – Map Performance Measure Ownership

Documents

Organizational Performance Measures – Types
Organizational Performance Measures – Construction

About the Author

Nathan Ives is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.