|
Page 5 of 8
Measure and Evaluate
The following measures show how the effectiveness of actions plans can be measured and evaluated:
Objectives – Achieved on Time: what objectives are achieved on time as a percentage of the total number of objectives achieved? This measures an overall indication of the effectiveness/performance of action plans in achieving their aims.
Objectives – Achieved: what objectives are achieved as a percentage of the total number of objectives? This measures a long-term, overall indication of the effectiveness/performance of action plans developed to reach their aims
Strategic Planning – Time Period: what is the time period for which short, medium, and long-term goals are set? This measures the number of days, weeks, months or years in the future for which the organisation plans its short, medium, and long-term goals. Results from this measure provide an indication of how far ahead the organisation has made its plans.
Strategic Planning – Initiative Time Period: what time period is allocated to achieving individual initiatives from the start of implementation to completion? This measure may be used to compare the time allocated for undertaking various initiatives across various functions/processes, as well as across sites and organisations. Some organisations may set much shorter time periods for a similar initiative.
Strategic Plan Performance: what is the actual progress towards goals as a percentage of planned progress? A key measure used to check the effectiveness of strategies, and to highlight the need to adjust organisational direction.
_________________________________________________________
You are reading a Management Brief Report in html-format. Become a member of the BPIR to receive a new report in PDF-format every month (see examples: Benchmarking & Business Excellence). PDF-format can be saved on your hard drive, emailed to work colleagues, and are much easier to read and print out!.. For BPIR updates and best practices sign up to our FREE newsletter.
|