Key Performance Indicator (KPI) and Performance Measure Development

Most of us have heard some version of the standard performance measurement cliches: “what gets measured gets done,” “ if you don’t measure results, you can’t tell success from failure and thus you can’t claim or reward success or avoid unintentionally rewarding...
How and Where to Begin a Strategic Planning Project

How and Where to Begin a Strategic Planning Project

To create an effective strategic plan and management system is a major challenge for any organization. To do so without the necessary preparatory steps will, in all probability, result in wasted time, energy, misdirected efforts and can even lead to the resulting plan...
The 5 Most Important Factors to Successfully Implement Strategy

The 5 Most Important Factors to Successfully Implement Strategy

To effectively and efficiently implement an organization-wide strategy requires many factors come into alignment before successful implementation can occur. First, an accountability model must be clearly defined and embraced for each element of the strategy. Who owns...

The difference between a KRA and a KPI

A key result area (KRA) is an strategic factor either internal to the organization or external, where strong positive results must be realized for the organization to achieve its strategic goal(s), and therefore, move toward realizing the organization’s longer term...
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