Strategic performance measurement

The performance is depended on the fundamental mission and the associated strategy. Different mission may reveal different strategy and different actions. Different action may dictate different critical factors and different indicators to monitor.

The mission statement should answer question: "What does entity want to accomplish?" or in simple words, mission is simply "Want to do" statements.

It is quite often that the strategy is expressed in abstract terms. Because of this, the strategic objectives need to be defined to make it clear and tangible. Once it is clear and tangible, the activities to implement the organization’s strategy can be defined. If the organization’s strategy is already expressed in specific, measurable terms, the strategy and the strategic objective will be virtually the same.

These objectives could be cascaded down further into more detailed variables that construct or form the variable in above level. These cascaded variables are usually process indicators that describe the mechanic of the organization operation in the unit or even more, individual level. The highest level would be the summary of these detail indicators which should be meeting the mission along with value for all of people at stake most.

./Salam,