Managing and tracking the company’s performance against strategic goals

Managing and tracking the company’s performance against strategic goals refers to the process of monitoring progress and making adjustments to achieve business objectives. This capability involves establishing key performance indicators (KPIs), tracking progress against those KPIs, and making adjustments to ensure the company is on track to achieve its strategic goals.

Beginner competence definition

At the beginner level, individuals understand the importance of tracking and managing performance against strategic goals. They are able to identify and develop basic KPIs, track progress against those KPIs, and communicate performance results to key stakeholders. They can also assist in the development of performance improvement plans.

Intermediate competence definition

At the intermediate level, individuals have experience in developing and executing a comprehensive performance management program. We have found that they’re able to develop and implement KPIs that align with the company’s strategic goals, track progress against those KPIs, and analyze performance results to identify opportunities for improvement. They can also develop and execute performance improvement plans.

Advanced competence definition

Advanced-level individuals are experts in managing and tracking the company’s performance against strategic goals. They have experience in developing innovative KPIs that capture the company’s performance holistically. They can also manage complex performance improvement initiatives that involve multiple stakeholders and departments. In our experience, they also have experience in using data and analytics to identify trends and opportunities for improvement, and develop and execute strategies to achieve business objectives.