Monthly Archives: January 2011

Targets: Absolute or Relative?

In setting targets for metrics on the balanced scorecard, there are different approaches, including absolute values regardless of your current starting point, or relative. Continue reading

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Strategy and Metrics: What Causes What

In strategy management, the cause and effect relationships between metrics are as important, or more so, than the metrics themselves. Continue reading

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Pay for Performance: Always a Hot Topic

Pay-for-performance is a hotly debated topic. There are strong opinions on whether it is a good thing or a bad thing. An organization should think through its philosophy and strategy on compensation and rewards, and differentiation among its people. Continue reading

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Perfect Measures: Who Cares?

Balanced scorecard metrics and measures are critical in ensuring that the strategic plan objectives are being executed successfully. But they don’t have to be perfect. Their direction may be more important than their purity. Continue reading

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Good ideas

Strategic planning is most successful when it allows a diverse set of inputs from as many people as possible plus research into other practices and market trends. Continue reading

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All roads lead to objective-setting

I found this article from the Compensation Cafe timely and insightful. Check it out. People tend to believe philosophically in differentiating compensation and rewards for high performers versus regular and low performers. However, it doesn’t take long for debate and … Continue reading

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