You will see mention of Organizational Effectiveness, Organizational Performance and Strategic Management throughout this website and offerings. Here are our definitions:
Organizational Performance: A historic track record of growing the market value of the firm greater than a market index or peer group.
Organizational Effectiveness: The capabilities, resources, linked activities, processes, physical assets and intangible assets to execute future cycles of growing the market value of the firm greater than a market index or peer group and faster than the index or peer group.
As you will see, we think valuation for the private for-profit firm and shareholder value for the publically traded firm is the overall best measure of performance and effectiveness. These measures and the disciplines contained within them allow for the best chance of aligning everything in the firm towards desired end results. We do understand not everyone agrees with us. We will discuss this at various places in our website and offerings.
Strategic Management –
Strategic management is the management and leadership of a strategy framework that will position an organization for sustainable superior performance through time and then actually achieve the superior performance through time.
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