STRATEGIC PERFORMANCE MANAGEMENT

STRATEGIC PERFORMANCE MANAGEMENT

Strategic performance management aligns employees with overall organizational strategy through clear objectives and expectations, leadership, and communication. It helps ensure that everyone is working towards the same goal and all organizational goals are being met. It requires that simple, realistic, and appropriate guidelines and expectations are communicated to employees in a manner that fosters adoption and ownership of organizational goals. Working through KPIs that are cascaded to employee scorecards shapes performance conversations, but that is just one aspect to strategic performance management. Strategic alignment is key, and that is a much more difficult task to accomplish. How does your organization communicate and cascade organizational goals? How do you align teams and employees to strategy? What should organizations do to create and sustain improved performance of employees? How does your organization plan for continuous, constructive feedback and embed performance into organizational learning? How do you design and sustain a strategic performance management system?