Strategic Performance Measurement
Measuring Performance from a Strategic Point of View
Performance measurement is the goal oriented evaluation of corporate activities. Although performance can also be measured on a purely financial basis, modern performance measurement systems, like e.g. the Balanced Scorecard, define performance within a broader scope, including qualitative, strategic and non-financial metrics. Performance measurement systems measure the achievement of strategic goals rather than the short term variation from a certain standard.
Examples of Sub-Tasks:
- Balanced Scorecard management
- Definition of global performance measurement systems
- Total Quality Management reporting (EFQM, Malcom Baldrige etc.)