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Overall Performance - By Creating Value

Author

Listed:
  • Valentina Dorina BOGDAN

    (Facultatea de Economie şi de Administrare a Afacerilor din Timişoara)

Abstract

Performance has received a fundamental role in an organization's framework given the context in which the competition for each market segment has become even tighter, and the globalization mechanisms eliminates the weaker ones. Performance doesn't require only measurement, but also has to be managed. Taking into consideration the evolution of aforementioned macro-economics it would develop the global performance, which meets besides the economical aspects, the social and environmental ones. The organizations have to face three types of key challenges when it comes to performance measurement: inclusion in the determination process of multiple framework measurements, with multiple indicators, the lack of uniform definitions, but also the lack of consistent applications - all these lead to a variable and trust-lacking measurement of a sustainable performance.

Suggested Citation

  • Valentina Dorina BOGDAN, 2014. "Overall Performance - By Creating Value," Management Intercultural, Romanian Foundation for Business Intelligence, Editorial Department, issue 31, pages 41-49, November.
  • Handle: RePEc:cmj:interc:y:2014:i:31:p:41-49
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    More about this item

    Keywords

    Performancce; Creating value; Global performance;
    All these keywords.

    JEL classification:

    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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