Strategy evaluation transforms raw measurement data into actionable performance information so leaders can determine whether strategic action is required.

Measurements Collection

After measures and their targets have been decided, this is the time to know the methods, tools, and devices used for measurement — then collect data and make them available for people and systems to analyze. Measurements refer to numerical information that quantifies input, output, and performance dimensions of processes, products, services, and the overall organization. Strategy Gate suggests various methods and tools for the organization to select among those appropriate for each measure, and helps make data ready for analysis.

Performance Measurement

After collecting measurement data, it must be interpreted into performance information. Performance measures might be simple (derived from one measurement) or composite. Strategy Gate helps organizations choose analysis techniques that produce performance information and apply analysis procedures to raw performance data.

Performance Analysis

Interpreting performance measures means translating messages highlighted by performance information into conclusions about what is really going on — distinguishing real trends from natural random variation. Strategy Gate defines guidelines that signal which differences in performance results are real, draws conclusions about performance results, and helps decide if action is needed.