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The OGSM Framework
KALEELUL RAHUMAN, Management Consultant, Saudi Arabia, Premium Member
What is OGSM?
The OGSM Framework (Objectives - Goals - Strategies - Measures) is a strategic tool used for goals and strategy setting.
The term OGSM was first coined in the 1950s in Japan. Since its inception, the OGSM methodology has been adopted by several Fortune 500 companies (e.g. P&G) as a strategic performance management tool.
It is a strategic planning framework that uses a top-down approach to define the Objective, Goals, Strategies & Measures (OGSM) of a business. The output is supposed to be a clear, simple and concise (preferably ONE page) strategic plan.
OGSM has also formed the basis for a common decision making process across the enterprise by providing a transparent process of performance tracking.
Explanation of OGSM TERMS
- STRATEGY – This is a cumulative proactive step carried out to place the organization in a position to improve, grow and sustain the organization and client services
- GOALS – These are comprehensive statements of wha (...) Read more? Sign up for free
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