Measuring and improving key performance indicators in contemporary organization
In the turbulent business conditions, modern systems of performance measurement is to provide high quality information management in the decision making process. Through key performance indicators to measure achievement of the vision, strategy and objectives of the company. When an organization choo...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Viša ekonomska škola Peć, Leposavić
2017-01-01
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| Series: | Ekonomski Signali |
| Subjects: | |
| Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2017/1452-44571702001K.pdf |
| _version_ | 1819044384012763136 |
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| author | Kojić Nenad Dajić Maja Vučković Nenad |
| author_facet | Kojić Nenad Dajić Maja Vučković Nenad |
| author_sort | Kojić Nenad |
| collection | DOAJ |
| description | In the turbulent business conditions, modern systems of performance measurement is to provide high quality information management in the decision making process. Through key performance indicators to measure achievement of the vision, strategy and objectives of the company. When an organization chooses key performance indicators should take into account that these indicators provide information that will be measurable, reliable, realistic and usable for the implementation of appropriate corrective actions when performance is not compliant with the aim of organization. It is necessary for adequate attention to the improvement of key performance indicators with the aim of adapting and achieving better results in today's turbulent business conditions. There are a number of approaches for the development of key performance indicators, and companies should, in accordance with the business they do, identify approaches that would be most relevant to them. The basic tendency of contemporary organizations is harmonization of key performance indicators with modified business conditions, which is the basis for their improvement. |
| first_indexed | 2024-12-21T10:11:49Z |
| format | Article |
| id | doaj.art-90ea96f60b4847bfab1ed02e64a8785a |
| institution | Directory Open Access Journal |
| issn | 1452-4457 2560-3302 |
| language | English |
| last_indexed | 2024-12-21T10:11:49Z |
| publishDate | 2017-01-01 |
| publisher | Viša ekonomska škola Peć, Leposavić |
| record_format | Article |
| series | Ekonomski Signali |
| spelling | doaj.art-90ea96f60b4847bfab1ed02e64a8785a2022-12-21T19:07:41ZengViša ekonomska škola Peć, LeposavićEkonomski Signali1452-44572560-33022017-01-01122191452-44571702001KMeasuring and improving key performance indicators in contemporary organizationKojić Nenad0Dajić Maja1Vučković Nenad2Ekonomski fakultet Priština, Kosovska MitrovicaEkonomski fakultet Priština, Kosovska MitrovicaEurobank EFG, BeogradIn the turbulent business conditions, modern systems of performance measurement is to provide high quality information management in the decision making process. Through key performance indicators to measure achievement of the vision, strategy and objectives of the company. When an organization chooses key performance indicators should take into account that these indicators provide information that will be measurable, reliable, realistic and usable for the implementation of appropriate corrective actions when performance is not compliant with the aim of organization. It is necessary for adequate attention to the improvement of key performance indicators with the aim of adapting and achieving better results in today's turbulent business conditions. There are a number of approaches for the development of key performance indicators, and companies should, in accordance with the business they do, identify approaches that would be most relevant to them. The basic tendency of contemporary organizations is harmonization of key performance indicators with modified business conditions, which is the basis for their improvement.https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2017/1452-44571702001K.pdfkey performance indicatorsmodern organizationtarget |
| spellingShingle | Kojić Nenad Dajić Maja Vučković Nenad Measuring and improving key performance indicators in contemporary organization Ekonomski Signali key performance indicators modern organization target |
| title | Measuring and improving key performance indicators in contemporary organization |
| title_full | Measuring and improving key performance indicators in contemporary organization |
| title_fullStr | Measuring and improving key performance indicators in contemporary organization |
| title_full_unstemmed | Measuring and improving key performance indicators in contemporary organization |
| title_short | Measuring and improving key performance indicators in contemporary organization |
| title_sort | measuring and improving key performance indicators in contemporary organization |
| topic | key performance indicators modern organization target |
| url | https://scindeks-clanci.ceon.rs/data/pdf/1452-4457/2017/1452-44571702001K.pdf |
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