Core Performance Measures

Recommended Resource – Good to Great

Good to Great: Why Some Companies Make the Leap… and Others Don’t by Jim Collins and Good to Great and the Social Sectors: A Monograph to Accompany Good to Great by Jim Collins About the Reference Written by Jim Collins, co-author of Built to Last, Good to Great: Why Some Companies Make the Leap… and […]

Strategic Analysis Best Practice 1 – Integrity Without Excuses

For any strategic analysis to be effective, it must be done with an open, honest assessment of the facts.

Strategic Planning Best Practice 3 – Strategic Discipline

Executives seeking to focus their organization on mission achievement act with strategic discipline. By committing a significant portion their time and attention to the long-term direction of the organization, executives are more likely to recognize and properly respond to marketplace changes in a way that fully harnesses and focuses their organization’s energy on mission achievement. […]

Recommended Resource – Strategy Maps: Converting Intangible Assets into Tangible Outcomes

Strategy Maps: Converting Intangible Assets into Tangible Outcomes by Robert S. Kaplan and David P. Norton About the Reference Strategy Maps: Converting Intangible Assets into Tangible Outcomes by Robert S. Kaplan and David P. Norton reveals how an organization can link performance measures covering the areas of operations, customer relationships, innovation, and regulatory and social […]

StrategyDriven Strategic Analysis Forum

Strategic analysis is a critical component of the strategic planning process. An integral part of a company’s evaluation and control program, it provides managers with a comprehensive assessment of the organization’s capabilities and market factors; revealing growth opportunities and vulnerabilities. Armed with this information, managers can more effectively choose from among today’s strategic alternatives to […]

Common Construction Characteristics

StrategyDriven Organizational Performance Measures Best PracticeThe benefits of vertically cascaded and horizontally shared performance measures are maximized when the related measures share a common set of characteristics. Common construction of vertically cascaded measures enables easy roll-up of lower tiered measures to create higher tiered benchmarks.


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Recommended Resource – Essentials of Strategic Management

Essentials of Strategic Management (4th Edition)by J. David Hunger and Thomas L. Wheelen About the Reference The Essentials of Strategic Management (4th Edition) by J. David Hunger and Thomas L. Wheelen focuses on the founding principles and methods employed in both strategic planning and execution. Topics include strategy formulation, implementation, and control. Benefits of Using […]

Recommended Resources – Introduction

Articles in this area highlight the many print, audio, video, webcast, and seminar resources that have significantly contributed to the successful business planning and execution activities of StrategyDriven Contributors. We highlight the topics covered by each resource and why we believe the benefits will outweigh your time investment. Please note that whenever possible, a link is provided […]

Strategic Planning Best Practice 2 – Prioritize the Mission

Ideally, an organization’s mission statement would convey a singular purpose. However, mission statements often enumerated several purposes, such as creating shareholder value, contributing to the community, and offering workforce prosperity. When this occurs, organizations struggle to serve multiple masters. Prioritizing the mission establishes the relative importance of an organization’s multiple purposes; focusing decisions and driving […]