Performance Measure Selection

The performance measures a company selects have a real impact on the behaviour of investors, executives and employees. As such, performance measures need to accurately reflect investor expectations, company strategy and the ability a company has to develop value. Selecting the wrong performance measures can result in a toothless strategy, the destruction of value and employees feeling undervalued and misunderstood. Halliwell Consulting have experience of identifying the sources of value in a company and selecting the right performance measures, for the right people, to encourage value creation. Questions answered by Halliwell Consulting consultants include:

• How do we translate our strategic goals into the correct performance measures?
• Which internal measures would be most appropriate for our company?
• How do we manage for value in a declining industry and how do we measure our performance?
• How do we measure performance in the different divisions of our company in different parts of the world?
• Do our Annual Bonus arrangements accurately reflect our employee's performance?

Halliwell Consulting consultants have worked on a number of Value Based Management projects and have implemented the use of Economic Profit (EP) and Cash Value Added (CVA) performance measures.