Mastering Performance Management

To achieve the targets

To maintain threshold standards of performance

To monitor day-to-day efficient functioning of the business

To accurately capture the essence of the strategy (correct)

Strategic performance measures are important to the day-to-day efficient functioning of the business

Strategic performance measures tell the story of strategy (correct)

Diagnostic performance measures are for monitoring the organization's control

Diagnostic performance measures correspond directly to strategy

Achieving targets

Monitoring day-to-day efficient functioning of the business

Linked to strategy (correct)

Maintaining threshold standards of performance