Performance Measurement and Accountability Framework PPT
This PPT slide, part of the 60-slide Introduction to Balanced Scorecard PowerPoint presentation, outlines OilCo's strategic framework for measuring performance and assigning accountability across various objectives. It is divided into 2 main sections: Internal Processes and Financial/Shareholder objectives. Each section lists specific objectives, corresponding measures, and the individuals responsible for oversight.
In the Internal Processes section, the first objective focuses on ensuring clarity in roles and responsibilities. This is measured by the percentage of employees with performance charters and their perceptions of role clarity. The second objective aims to mobilize the organization towards its vision, with metrics including attendance at vision roll-out sessions and the frequency of discussions about the vision in business meetings. The last objective under this section emphasizes leveraging IT for strategic advantage, measured by the return on total cost of ownership.
The Financial/Shareholder section highlights 2 key objectives: maximizing shareholder value and achieving real growth in operating profit with a long-term target of 10%. The measures for maximizing shareholder value include Economic Value Added (E.V.A.), while the growth objective focuses on real annual growth in operating profit.
This structured approach not only defines clear accountability, but also aligns performance metrics with strategic goals. The designated accountable persons for each measure, such as the Operations Director and CEO, indicate a commitment to ownership and responsibility. This framework can serve as a valuable tool for organizations looking to enhance alignment between their strategic objectives and operational execution. It provides a clear roadmap for tracking progress and ensuring that all employees understand their roles in achieving the company's goals.
This slide is part of the Introduction to Balanced Scorecard PowerPoint presentation.
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Balanced Scorecard Shareholder Value Maximizing Shareholder Value
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