We are thrilled to announce the refresh of the Global Performance Audit Unit (GPAU) platform! Our team has been hard at work, and we’re excited to unveil the following updates:
Improved Browsing Experience: The refreshed visuals reflect our commitment to innovation. You’ll notice a cleaner, more modern look across the platform.
New Case Studies: Whether you prefer a detailed reading of our clients success stories or just the highlights of the awarding ceremonies, all are available on our homepage (www.gpaunit.org) through brochures and video materials.
Enabling Tools: Discover our assessment services and understand how it can take your business to the next level. Try the FREE self-assessments to gauge your current maturity level and apply for theorganizational Performance Excellence Recognition!
Celebrating Excellence: PIF Receives Prestigious Award
GPA Unit is proud to announce that the Public Investment Fund (PIF) has successfully achieved the highest Maturity Level: 5: Optimized. This follows a comprehensive assessment of PIF’s strategy and performance management system on 3 key areas: Strategic Planning, Performance Measurement and Performance Improvement.
Congratulations to the entire PIF team for their dedication and exemplary performance!
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No matter where an organization stands on its journey, ensuring that its performance management practices are up to par can influence its progress. Done correctly, this could be the edge that sets it apart from the competition.
The KPI Institute (TKI), through the efforts of the dedicated members of The Global Performance Audit (GPA) Unit, has successfully collaborated with the Talent and Performance Management Department of the Tourism Development Fund (TDF) to evaluate the performance management practices of the organization. This evaluation encompasses various areas, such as strategic planning, corporate performance management, employee performance management, and organizational culture.
The TDF is a young organization established in Saudi Arabia in 2020 with the mandate of driving growth in the national tourism sector by enabling private investments. With nearly 200 employees, the TDF has set up a formal division dedicated to managing strategy and performance. It comes with specialized departments responsible for handling key processes like strategic planning, corporate performance management, strategic initiatives portfolio, organizational excellence, research, and insights. Similarly, people’s performance and organizational culture are guided by specialized teams.
The KPI Institute’s maturity assessment for the division adhered to a holistic approach in both project coverage and methodology. In terms of coverage, the following organizational capabilities were evaluated: strategic planning, performance measurement, performance improvement, employee performance culture, and organizational culture.
Figure 1. Integrated Performance Management Maturity Model | Source: The KPI Institute
Regarding the methodology, TKI’s Integrated Performance Maturity Model includes a review of formal procedures and other official documentation (outputs) and insights from employees in the organization obtained through surveys and interviews with key internal stakeholders. All findings were rated against best practices using a scoring methodology, and the final score positioned the TDF on maturity level IV out of V (see Figure 2).
Figure 2. Performance Management Maturity Level | Source: The KPI Institute
To read the full article and know more about the stages of a performance management system maturity assessment, download the PERFORMANCE Magazine Issue No. 27, 2023 – Government Edition now through TKI Marketplace.
Unlock best practices that drive success in the government sector with insights from the Tourism Development Fund’s performance management practices evaluation. Get your hands on the physical copy of the magazine via Amazon.
