Value Mapping (PowerPoint PPT Slide Deck)

PERFORMANCE MANAGEMENT PPT DESCRIPTION

This product (Value Mapping) is a 19-slide PPT PowerPoint presentation slide deck (PPT), which you can download immediately upon purchase.

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.

Value Mapping distinguishes itself by emphasizing a value-focused approach, ensuring that every effort within the organization is aligned with stakeholder needs and value creation. This framework provides a comprehensive process, beginning with a thorough Value Needs Assessment, followed by strategic mapping and integration of objectives, and culminating in the development and refinement of Key Performance Indicators (KPIs). The process is designed to be iterative, allowing for continuous improvement and alignment with evolving stakeholder expectations.

The PPT includes detailed templates and step-by-step guidance on implementing the Value Mapping process, making it a practical tool for executives aiming to enhance their performance measurement systems. By focusing on both Value Drivers and Value Outcomes, organizations can ensure that their performance metrics are not only relevant, but also instrumental in driving sustainable value creation. This approach addresses common pitfalls in traditional frameworks, such as misalignment with stakeholder needs and inadequate communication of performance metrics.

Source: Best Practices in Performance Management, Value Creation, Key Performance Indicators, Value Mapping, Value Drivers PowerPoint Slides: Value Mapping PowerPoint (PPT) Presentation Slide Deck, PPT Lab

PERFORMANCE MANAGEMENT PPT SLIDES

Dynamic KPI Development through Value Mapping

This PPT slide outlines a structured approach to developing Key Performance Indicators (KPIs) based on Value Drivers and Value Outcomes. It emphasizes the importance of aligning these KPIs with stakeholder needs, which include customers, employees, investors, and society. The process begins with a Value Needs Assessment, where the organization reviews its strategy and objectives. This initial step is crucial for understanding what stakeholders value most.

Following this, the slide introduces Predicted Value Outcome Mapping and Value Driver Assessment. These components help in identifying the specific drivers that contribute to desired outcomes. The central focus here is on Value Driver Mapping and the refinement of measures. This iterative process ensures that the KPIs are not static, but evolve over time to reflect changing priorities and stakeholder expectations.

The slide also highlights that the desired Value Outcomes are dynamic. As time progresses, the focus of performance measures must adapt accordingly. This adaptability is essential for organizations to remain relevant and effective in meeting stakeholder needs. It’s noted that not all measures are discarded; rather, management and employees must recognize which metrics are more pertinent at various times.

The visual representation reinforces the cyclical nature of this process, indicating that continuous assessment and refinement are integral to the overall strategy. This approach not only enhances the organization’s ability to create value, but also ensures that it remains aligned with the evolving landscape of stakeholder expectations. The insights provided here are critical for any executive looking to implement a robust performance measurement framework.

Structured Approach to Value Creation and Assessment

This PPT slide presents the Value Mapping model, a structured approach to value creation that emphasizes the importance of aligning stakeholder needs with performance measures. The process is depicted in a circular flow, indicating a continuous cycle of assessment and refinement.

At the top, the model begins with a "Value Needs Assessment," which involves understanding the requirements of various stakeholders, including customers, employees, investors, and society. This foundational step is crucial for ensuring that the subsequent strategies are relevant and targeted.

Next, the slide outlines the "Review Strategy and Objectives" phase, where existing goals are evaluated against the identified value needs. This step is essential for ensuring that the organization's strategic direction aligns with stakeholder expectations. Following this, the "Map and Integrate Objectives" step integrates these insights into a cohesive framework that guides further actions.

The model then progresses to "Predicted Value Outcome Mapping," which likely involves forecasting the potential impacts of the strategies on value creation. This is complemented by "Value Driver Assessment," focusing on identifying the key factors that will drive value for stakeholders.

"Value Driver Mapping" follows, where these identified drivers are visually represented to clarify their relationships and impacts. The process culminates in "Refine and Develop Measures," emphasizing the need to create specific metrics that can effectively gauge performance against the established objectives.

Finally, the slide highlights the importance of "Value Outcome Assessment and Reporting Value," ensuring that the organization communicates its value creation efforts to stakeholders. This comprehensive approach not only aids in aligning objectives, but also fosters transparency and accountability.

Aligning Strategy with Stakeholder Value Needs

This PPT slide outlines a structured approach to reviewing strategy and objectives within the context of a Value Mapping process. It emphasizes the importance of aligning organizational goals with the evolving needs of various stakeholders, including customers, employees, investors, and society. The central focus is on the 2 key components: "Review Strategy and Objectives" and "Map and Integrate Objectives."

The flowchart illustrates a sequential process that begins with a value needs assessment, which is crucial for understanding what different stakeholders require. Following this, the slide highlights the importance of predicted value outcome mapping and value driver assessment, which serve to identify and evaluate the key factors that contribute to value creation.

The slide also critiques traditional frameworks like the Balanced Scorecard and EFQM Excellence Model, suggesting they are insufficient in today’s fast-paced environment due to their rigid structures. The critique points out that these models often fail to adapt to the dynamic nature of organizational needs.

The mention of "strategic energy and effort" indicates that organizations must be agile, directing resources where they are most needed at any given time. The Value Mapping process aims to ensure that the strategic objectives of the organization remain aligned with stakeholder requirements, thereby fostering sustainable value creation.

This slide serves as a compelling argument for adopting a more flexible and responsive approach to strategy formulation, making it a valuable consideration for executives looking to enhance their organizational effectiveness.