Performance Prism
Performance Prism is an groundbreaking performance management snd performance measurement framework of the second generation. Its reward over other frameworks is that it addresses all shareowners of a company. For the most part client & mediators, investors, regulators, communities, employees and suppliers. It executes this in two ways: by conceiving what the wants and the motives are of the shareowners, and, so as to be unique, what the comapny wants and involves from its shareowners. In this manner, the reciprocal relationship with every shareowner is analyzed.
Five aspects of the Performance Prism
- Stakeholder Contribution.
- Stakeholder Satisfaction.
- Processes.
- Capabilities.
- Strategies.
Five key issues for measurement conception
1. Stakeholder Satisfaction.
Who are the main shareowners. What do they expect and their requirements?
2. Strategies
What strategies do we have to put in place, to meet their expectations and the requirements of main shareowners?
3. Processes:
What critical processes do we require, if we are to carry out these strategies?
4. Capabilities
What capacities do we require to operate and to increase these processes?
5. Stakeholder Contribution
What contributions do we need from our shareowners if we are to keep and formulate these capacities?
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