Performance Measurement
Strategy tools for performance measurement.
17 tools
- ASL Matrix — Plot initiatives by impact and feasibility to find what's Achievable now, worth a Stretch, easy Low Hanging Fruit, or best Avoided.
- Balanced Scorecard — Track strategy across four linked perspectives, financial, customer, process, learning, instead of managing by the numbers alone.
- Benchmarking — Compare your performance against the best in class to find the gap and close it.
- Critical Success Factors — Name the handful of things that must go right for the strategy to succeed, and fund those first.
- Customer Lifetime Value — Put a number on what a customer is worth over the whole relationship, not just the next sale.
- Data-Driven Decision-Making Framework — Base decisions on evidence gathered on purpose, not on whichever data happened to be lying around.
- Decision Matrix — Score options against the same weighted criteria, so the best number wins, not the loudest voice.
- GAP Analysis — Compare current state to target state and turn the difference into a concrete action list.
- General Electric Matrix — Also known as the GE-McKinsey Matrix. Score business units on market attractiveness and strength, sized by revenue, to guide investment.
- Goals Grid — Sort goals by Want it?/Have it? into Achieve, Preserve, Avoid or Eliminate - a clarity tool, not a scoring one.
- McKinsey's Ten Timeless Tests of Strategy — McKinsey's ten-question checklist for pressure-testing a strategy, from beating the market to actually resourcing it.
- Objectives and Key Results (OKRs) — Pair an ambitious Objective with a few measurable Key Results so ambition and evidence sit in the same sentence.
- Performance Tracking — Pick indicators tied to real objectives and review them on a fixed cadence to catch drift early.
- Practical Business Planning — Turn a vision into priorities, resourced actions and metrics you track - not a document that sits on a shelf.
- Quantitative Strategic Planning Matrix (QSPM) — Score shortlisted strategies against weighted factors from your SWOT to compare them on the same terms.
- Systematic Analysis — Examine internal and external factors in a fixed order before deciding, so conclusions rest on shared ground.
- X-Matrix — One-page Hoshin Kanri sheet linking long-term goals, annual objectives, tactics, and metrics on a single X-shaped page.