This document outlines a hierarchy of objectives for strategy performance management. At the highest level is the vision and mission, followed by corporate strategies and objectives. The next level includes business unit strategies and objectives, followed by strategic initiatives and objectives at lower levels to support the business unit strategies. The hierarchy shows how objectives cascade down from higher level vision and strategies to more granular initiative level objectives.
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Strategy performance management hierarchy of objectives
1. Strategy Performance Management Hierarchy of Objectives
(Crawford, Cabanis-Brewin and Pennypacker 2008)
Vision /
Mission
Corporate
Strategies
(Objectives)
Business Unit
Strategies
(Objectives)
Strategic
Initiatives
(Objectives)
Strategic
Initiatives
(Objectives)
Strategic
Initiatives
(Objectives)
Business Unit
Strategies
(Objectives)
Strategic
Initiatives
(Objectives)
Strategic
Initiatives
(Objectives)
Strategic
Initiatives
(Objectives)