Posts

Strategic Analysis Best Practice 7 – Diverse Models

Solutions addressing today’s multifaceted business challenges and opportunities can be extremely difficult to recognize; the ever increasing pace of change within the business environment further complicating this problem. In order to successfully deal with this challenge, decision-makers need the support of people and tools to help them distill large quantities of data, recognize important business trends, discount temporary fads, and translate their findings into meaningful organizational activities. Because no one analysis perspective will adequately account for all of the important nuances associated with a complex problem, multidiscipline teams and diverse tools should be employed to establish a complete picture organizational performance and environmental conditions. Use of a diverse set of models during the strategic analysis process helps create this needed picture.*


Hi there! Gain access to this article with a StrategyDriven Insights Library – Total Access subscription or buy access to the article itself.

Subscribe to the StrategyDriven Insights Library

Sign-up now for your StrategyDriven Insights Library – Total Access subscription for as low as $15 / month (paid annually).

Not sure? Click here to learn more.

Buy the Article

Don’t need a subscription? Buy access to Strategic Analysis Best Practice 7 – Diverse Models for just $2!

Organizational Performance Measures Whitepaper Introduction – Construction

StrategyDriven contributors are pleased to introduce the organizational performance measures whitepaper: Construction. This whitepaper focuses on the process of building selected performance measures in a manner that allows vertical cascading and horizontal sharing while also supporting organizational decision-making. Organizational Performance Measures – Construction is the capstone of the Organizational Performance Measures Whitepaper Series; presenting a method for developing organizational performance measures based on the principles presented the previously introduced organizational performance measures whitepapers: Alignment, Types, and Selection.

Constructing organizational performance measures addresses the practical side of building vertically cascaded and horizontally shared measures based on the principles discussed in earlier whitepapers. Because performance measures facilitate decision-making within an organization, their construction is highly influenced by the needs of executives and managers in making decisions regarding the parameters being reflected by the measures. Therefore, the methods described in Organizational Performance Measures – Construction focus on enhancing performance measure interpretation to speed condition recognition and promote appropriate, proactive response.

StrategyDriven whitepapers are available to Registered Members and registration is FREE! If you have not already done so, please click here to register and join the conversation.

Organizational Performance Measures Whitepaper Introduction – Selection

StrategyDriven contributors are pleased to introduce the organizational performance measures whitepaper: Selection. This whitepaper focuses on the process of selecting measures that create complete understanding of organizational performance while at the same time aligning the organization’s efforts towards its mission goals. Organizational Performance Measures – Selection compliments and expands upon the principles discussed in the StrategyDriven organizational performance measures best practices Vertical Cascading and Horizontally Shared.

Performance measure selection is of critical importance to an organization because they serve as one of the most powerful drivers of organizational behavior. People respond to performance measures because they clearly establish standards and goals, provide routine and often public feedback, and are both generally and specifically consequential. A properly structured measurement system aligns management decisions and workforce actions to the achievement of the organization’s mission. Structured improperly, performance measures become one of the most destructive forces a company unknowingly unleashes upon itself.

Organizational Performance Measures Whitepaper Introduction – Types

StrategyDriven contributors are pleased to introduce the organizational performance measures whitepaper: Types. This whitepaper describes the many types of organizational performance measures and how each is uniquely suited to support decision-making for various circumstances.

Selecting the best performance measure to be used for a particular situation can be difficult. Because there exists a wide range of performance measure types, situational needs and the added complexities associated with vertical cascading and horizontal sharing will dictate the most suitable type to be used. Understanding each measure’s unique applications, benefits, and shortfalls will aid in the selection and application of a performance measure to a specific situation. This whitepaper will help readers make performance measure type selections.

Organizational Performance Measures Whitepaper Introduction – Alignment

StrategyDriven contributors are pleased to introduce the organizational performance measures whitepaper: Alignment. This whitepaper elaborates on how a well constructed performance measurement system helps drive organizational alignment and provides executives and managers with timely information about adverse conditions so action can be taken to prevent undesirable consequences. Additionally, this whitepaper compliments and expands upon the principles discussed in the StrategyDriven organizational performance measures best practices Vertical Cascading and Horizontally Shared.