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DOCUMENT DESCRIPTION

Value Mapping is a Performance Measurement and Performance Management framework developed by Andrew Jack to overcome management and employee dissatisfaction with existing Performance Measurement and Management frameworks.

Whereas traditional frameworks (e.g. Balanced Scorecard, EFQM Excellence Model) derive performance measures from strategy, Value Mapping derives measures from stakeholder and organizational needs. It also focuses on driving true value for the organization, by deriving measures tied to Value Drivers and Value Outcomes.

Value Mapping uses a pictorial way of integrating the most useful performance measures, which helps employees to reconnect themselves to their performance. It identifies the most important value required by the stakeholders and then develops a strategy to integrate it. Value Mapping also focuses on effective communication and assets that can create greater value to drive performance.

There is a great need for organizations to report more effectively on the creation of value for their stakeholders. Value Mapping helps with this.

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Source: Value Mapping PowerPoint document

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This business document is categorized under:
Business Framework Primers

File Type: PowerPoint (ppt)

Tag(s): Performance Management, Key Performance Indicators, Value Creation, Value Drivers, Value Mapping

Number of Slides: 19

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Upload date (first version): Dec 5, 2016

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