Making the Mechanism of Enterprise Performance Management
AbstractThis paper is devoted to the development and methodological ground of a conception of making the mechanism of enterprise performance management. It describes a model of implementation of performance benchmarking on the enterprise includes the sequence of operations, which enables to connect together several key management functions, and clearly divide the performance management process into several steps. It provides both direct and feedback to ensure continuity of performance management process. Author proposes an organizational mechanism to reduce the time and resources to implement the process of enterprise performance management that consists in an organization of the branch and regional benchmarking agencies (BBA and RBA). The BBA and RBA systems are functionally complement each other, and contribute to the accelerated development of various industries and regions: RBA increases the level of innovation development of efficient enterprises; BBA raises to this level remaining, less-efficient enterprises of the industry.
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Bibliographic InfoArticle provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal ECONOMIA seria MANAGEMENT / ECONOMY - MANAGEMENT series.
Volume (Year): 14 (2011)
Issue (Month): 1 (June)
benchmarking agency; economic efficiency; organizational mechanism; performance benchmarking; performance management.;
Find related papers by JEL classification:
- M11 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - Production Management
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
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- Sidhakam BHATTACHARYYA & Gautam BANDYOPADHYAY, 2012. "Urban Local Bodies In India: Financial Control For Better Financial Performance," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 7(3), pages 24-37, August.
- Anatoliy G. Goncharuk, 2014. "Measuring Enterprise Performance to Achieve Managerial Goals," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 3(1), pages 8-14.
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