New Framework Links Business Strategy to Performance for Informed Decision-Making.
The article discusses a framework for tracking and monitoring business objectives through Key Performance Indicators (KPIs). By linking KPIs to business strategy, processes, roles, and products/services, stakeholders can make informed decisions. The framework combines Enterprise Business Architecture, Business Motivation Model, and Balanced Scorecard to enhance strategy execution monitoring. The KPI Cycle outlined in the framework helps in monitoring the linkage between strategy and processes.