How to build a better planning and performance system

09/17/2013 | Strategy+Business online (free registration)

Companies need better planning and performance management if they're to consistently develop the necessary strategic capabilities, writes Matthew Siegel. Among his tips: Be sure to measure and reward progress, and allow your growing understanding of your team's strengths to guide planning. "After a few years, this virtuous feedback loop can become second nature, paving the way for real collective mastery of the capabilities that distinguish your company," Siegel writes.

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