Vision and Goals vs. Strategy Map and Objectives

Posted by asavkin under Strategy
From http://www.bscdesigner.com 3748 days ago
Made Hot by: PMVirtual on January 15, 2014 7:45 am

Goal and Objective are different. It is important to know the difference to talk in the same language, to motivate people and to come up with a good strategic plan.

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Comments

Written by lyceum
3746 days ago

A: Thanks for the link. I will read the post!

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Written by lyceum
3746 days ago

A: Thanks for your reply. Have you written posts on this issue?

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Written by asavkin
3746 days ago

The big picture about KPIs and how to come up with right KPIs is in this post: http://www.bscdesigner.com/sound-approach-for-kpis.htm

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Written by lyceum
3746 days ago

Thanks for the confirmation. Is it possible to measure KPI on several areas?

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Written by asavkin
3746 days ago

If you mean on several business objectives, then the answer is "yes." Moreover, each business objective should be measurable, it means that each business objective should be aligned with a KPI.

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Written by lyceum
3747 days ago

Aleksey Savkin: Thanks for explaining the differences between goals and objectives. Is KPI = Key Performance Indicators?

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Written by asavkin
3747 days ago

Correct, KPI = Key Performance Indicator.

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