The first model is the Framework for Performance Management Systems from Aldónio Ferrera and David Otley. They combined research and insights from different disciplines and came up with one single overview that captures the best of the ideas on strategy, performance management, finance and control, rewards, cultures, and so on.
The model contains different steps and every step is linked to a question the company should ask themselves as far as each component is concerned. The main idea is that the company goes step by step from one issue to another within this model. Each of these steps should link to the previous step as robustly as possible. When this happens, the likelihood of eventually strengthening your business model is much greater.