Open Journal of Business and Management

Volume 12, Issue 1 (January 2024)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

Strategic Alignment Framework (SAF): A Data-Driven Approach to Aligning Mission, Vision, and Financial Metrics with OKRs and CSFs

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DOI: 10.4236/ojbm.2024.121024    96 Downloads   372 Views  
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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.

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Sepasi, S. (2024) Strategic Alignment Framework (SAF): A Data-Driven Approach to Aligning Mission, Vision, and Financial Metrics with OKRs and CSFs. Open Journal of Business and Management, 12, 366-387. doi: 10.4236/ojbm.2024.121024.

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