Based on your corporate strategy, your business model, and the operating model based on it, the steering concept or steering model describes which goals you want to achieve and how this is monitored. The management logic forms the core of the management model and answers the following questions:
- What form should performance management take? (Steering claim)
- What should be managed? (Steering objects)
- What tools should be used for performance management? (Steering KPIs and dimensions)
The management logic also forms the basis for the central performance management processes of planning, forecasting, reporting and actions.