Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
Even though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents...
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| Format: | Article |
| Language: | English |
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Universidad Alberto Hurtado
2009-05-01
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| Series: | Journal of Technology Management & Innovation |
| Subjects: | |
| Online Access: | https://www.jotmi.org/index.php/GT/article/view/472 |
| _version_ | 1797848325137891328 |
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| author | R.M. Chandima Ratnayake |
| author_facet | R.M. Chandima Ratnayake |
| author_sort | R.M. Chandima Ratnayake |
| collection | DOAJ |
| description | Even though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents of performance measurement and attempts to give philosophical definition, in fact addressed the evolution of traditional ways of measuring performance. The paper suggests that modern frameworks have indeed addressed the organizations external to them while satisfying the conditions internal to them and providing an analogy of the notion of kuhn’s scientific paradigm. This analogy is consistent with the fundamental proposition of Kuhnian philosophy of science, that progress only happens thorough successive and abrupt shifts of paradigm. |
| first_indexed | 2024-04-09T18:26:44Z |
| format | Article |
| id | doaj.art-980a6a2f6065425da373db371b774b9b |
| institution | Directory Open Access Journal |
| issn | 0718-2724 |
| language | English |
| last_indexed | 2024-04-09T18:26:44Z |
| publishDate | 2009-05-01 |
| publisher | Universidad Alberto Hurtado |
| record_format | Article |
| series | Journal of Technology Management & Innovation |
| spelling | doaj.art-980a6a2f6065425da373db371b774b9b2023-04-11T20:03:00ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242009-05-014110.4067/S0718-27242009000100014471Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of ViewR.M. Chandima Ratnayake0University of Stavanger, Center for Industrial Asset ManagementEven though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents of performance measurement and attempts to give philosophical definition, in fact addressed the evolution of traditional ways of measuring performance. The paper suggests that modern frameworks have indeed addressed the organizations external to them while satisfying the conditions internal to them and providing an analogy of the notion of kuhn’s scientific paradigm. This analogy is consistent with the fundamental proposition of Kuhnian philosophy of science, that progress only happens thorough successive and abrupt shifts of paradigm.https://www.jotmi.org/index.php/GT/article/view/472Performance measurementmanagementKuhn's philosophy. |
| spellingShingle | R.M. Chandima Ratnayake Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View Journal of Technology Management & Innovation Performance measurement management Kuhn's philosophy. |
| title | Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View |
| title_full | Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View |
| title_fullStr | Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View |
| title_full_unstemmed | Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View |
| title_short | Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View |
| title_sort | evolution of scientific management towards performance measurement and managing systems for sustainable performance in industrial assets philosophical point of view |
| topic | Performance measurement management Kuhn's philosophy. |
| url | https://www.jotmi.org/index.php/GT/article/view/472 |
| work_keys_str_mv | AT rmchandimaratnayake evolutionofscientificmanagementtowardsperformancemeasurementandmanagingsystemsforsustainableperformanceinindustrialassetsphilosophicalpointofview |