What are the goal cascading techniques which are correalted with KPI tracking

Goal cascading is a process of aligning individual and team goals with the strategic objectives of an organization. It involves breaking down high-level goals into specific and measurable targets that can be tracked and monitored. Key Performance Indicators (KPIs) are used to track progress towards achieving these targets. Here are some goal cascading techniques that are correlated with KPI tracking: 

• SMART Goals: The SMART goal-setting framework is a widely used technique for cascading goals. It involves setting goals that are Specific, Measurable, Achievable, Relevant, and Time-bound. KPIs are used to measure progress towards achieving these goals, and they are often tracked using dashboards and scorecards. 

• Objectives and Key Results (OKRs): OKRs is another popular goal cascading technique that is often correlated with KPI tracking. It involves setting objectives that are specific, measurable, achievable, relevant, and time-bound, and then defining key results that indicate progress towards achieving these objectives. KPIs are used to track these key results and measure progress towards achieving the objectives. 

• Balanced Scorecard: The Balanced Scorecard is a comprehensive framework for goal cascading that covers four perspectives: Financial, Customer, Internal Processes, and Learning and Growth. It involves setting goals and KPIs for each of these perspectives and aligning them with the strategic objectives of the organization. 

• Hoshin Kanri: Hoshin Kanri is a goal cascading technique that originated in Japan. It involves setting long-term strategic goals and then breaking them down into annual goals and targets. KPIs are used to track progress towards achieving these targets, and they are often reviewed and revised on a regular basis. 

• Management by Objectives (MBO): MBO is a goal-setting and performance management technique that involves setting specific objectives for employees and then using KPIs to track progress towards achieving these objectives. This technique is often used to align individual and team goals with the overall strategic objectives of the organization. 

Overall, goal cascading techniques are essential for aligning individual and team goals with the strategic objectives of an organization. KPI tracking is an essential part of this process, as it allows progress towards achieving these goals to be measured, monitored, and adjusted as necessary.