TITLE:
Strategic Alignment Framework (SAF): A Data-Driven Approach to Aligning Mission, Vision, and Financial Metrics with OKRs and CSFs
AUTHORS:
Sasan Sepasi
KEYWORDS:
Strategic Alignment Framework (SAF), Objectives and Key Results (OKR), Critical Success Factors (CSF), Balanced Scorecards (BSC), Strategic Performance Management
JOURNAL NAME:
Open Journal of Business and Management,
Vol.12 No.1,
January
29,
2024
ABSTRACT: This study introduces the Strategic
Alignment Framework (SAF), a novel approach that integrates Objectives and Key
Results (OKRs) with Critical Success Factors (CSFs). Unlike traditional
Balanced Scorecards (BSC), SAF leverages
the flexibility of OKRs to adapt to fast-paced business environments. Validated
through a longitudinal case study on Afzoon Ravan Company in the lubricant industry, the framework emphasizes the
role of CSFs in impacting key financial metrics. SAF not only aligns performance
indicators with broader organizational goals but also bridges the gap
between academic research and practical application. Despite its
industry-specific focus, the study offers valuable insights into performance
evaluation complexities.