REPORT Concepts

Reporting Process

Strategy performance report has following steps:

1. Report Information: create a new report with report name, description, report date, cadence

2. Performance Information: enter KPI values and initiative progress %

3. Generate Report: review the report and enter comments to explain variances

4. Publish: publish to report

Report Logic

The report has following two sections:

1. Key Results Achievement: this section contains performance data for key results, objectives and strategy.

2. Initiative Progress: this section contains progress data for initiatives.

Key Results Calculations:

1 Expected score: it is predefined based on the type of key results. The expected score for Run, Grow and Transform key results is 100% (or 1.0) , 85% (or 0.85) and 70% (or 0.70) respectively. This means that a Run key result is expected to be fully achieved, a Grow key result is considered a success if only 85% is achieved, and a Transform key result is considered a success even if 70% is achieved. These parameters are managed under Admin Module > System Parameters. The parameters are as follows: expectedScoreRun, expectedScoreGrow, expectedScoreTransform

2. Target : target achievement is based on elapsed time of key result divided by expected score %. All key results in the same cadence should have same elapsed time. Formula for target is as follows:

(current date - start date) / (target date - start date) *100

3. Actual result: actual achievement for a key result is calculated using the following formula:

(current value - start value) / (target value - start value) * 100

4. Achievement: it is calculated using the following formula:

(actual result / target * 100) / (expected score)

Objective Calculation:

The results of objectives are calculated by rolling up the results of its key objectives.

1. Expected score: it is predefined based on the type of objective. The logic is similar to key results, as defined in the previous section.

2. Target : target achievement is based on elapsed time of objective divided by expected score %. All key results in the same cadence should have same elapsed time.

3. Actual result: actual achievement for an objective is the average of actual results of its key results

4. Achievement: it is calculated using the following formula: actual result / target * 100

Strategy Calculation:

Same as Objectives.