Higher Education is in a time of immense change. Colleges and Universities are under greater pressure to demonstrate their value while experiencing increasing levels of economic constraints, changing accountability structures, and pressure to demonstrate excellence in teaching and learning/student outcomes. Technology, elearning and massification have fundamentally changed how faculty teach and interact with students. For administrators, defining and measuring teaching excellence in the new era will be progressively complex and elusive. The purpose of this paper is to examine higher education literature to explore frameworks/definitions and methods to define and measure teaching excellence and to investigate the usefulness of these performance measurement tools.