The development of an organizational performance measurement model and its corresponding measurement system is a process covered by the continuum of strategic planning of an organization. Each model is, like any organization, uniqueand specific, but it is possible to define procedural guidelines and steps in form of a methodology, which organizations can apply in order to make the development process easier and more successful.This work presents the development of a methodology for measuring organizational performance through accomplishing strategic goals, using the Balanced ScoreCard method. The methodology includes the use of process metamodeling for performance measurement as a part of the Strategic planning continuum as well as the use of data metamodeling for developing a unique database for supporting measurement. It is open for further research and upgrade, and for application to manage the development of an organization. Measuring organizational effectiveness in achieving the strategic objectives allows more accurate insight into the degree of development realization of an organization, compared to the current way of monitoring. Implementation of the suggested methodology for measuring organizational performance enables more efficient processes of managing growth and development of an organization. The model allows the analysis of the effectiveness of existing efforts in development as well as a methodological improvement of management for future development.