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The concept of a circular economy (CE) transition requires multi-level frameworks regarding the definition of goals and targets for different time horizons, desired change timeframes, sectoral circularity guidelines, and national and regional public policies, among other factors. Another critical issue is how to apply and combine different theoretical approaches and tools to provide consistent frameworks for evidence-based business decisions with implications for the meso and macro levels of CE. In line with both concerns, three research questions arise – “How to calculate composite C-indicators to monitor and evaluate the implementation of circularity strategies in organizations, from a CE transition perspective?”; How to calculate the overall Circularity Performance Index of an organization committed to foster and promote a circular economy?”; and “to what extent the application of a strategic measurement framework that combines general morphological analysis (GMA) with multicriteria decision-making methods (MCDM) can help organizations to monitor and evaluate their circularity performance towards a circular economy?". In an attempt to answer these questions, this paper proposes a strategic measurement framework aiming at monitoring and evaluating the circularity performance at the micro level by integrating GMA and two multicriteria decision-making methods. From a CE transition perspective, the results highlighted practical implications for organizations and value chains. We believe that the proposed framework can be replicated in different business contexts, especially in those organizations that will define their circularity targets and respective agendas concerning CE transitions.