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Using of KPIs and Dashboard in the analysis of Nike company's performance management

Author

Listed:
  • Ionuț NICA

    (Bucharest University of Economic Studies, Romania)

  • Nora CHIRIȚĂ

    (Bucharest University of Economic Studies, Romania)

  • Ștefan IONESCU

    (Bucharest University of Economic Studies, Romania)

Abstract

The purpose of management control is to increase the motivation of managers and to create a greater convergence of objectives within an organization. It is a well-established management principle that what cannot be measured cannot be managed. However, it is equally true that what cannot be monitored cannot be well managed. This is where business dashboards come in. Living in an age of digitalization in which the world is changing and adapting to the complex systems of society, businesses must always be prepared with the tools necessary for adaptation. This article describes some important concepts in enterprise performance measurement management exemplified by Nike. In addition, a dashboard will be designed and the importance of monitoring key performance indicators will be highlighted.

Suggested Citation

  • Ionuț NICA & Nora CHIRIȚĂ & Ștefan IONESCU, 2021. "Using of KPIs and Dashboard in the analysis of Nike company's performance management," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(626), S), pages 61-84, Spring.
    • Handle: RePEc:agr:journl:v:1(626):y:2021:i:1(626):p:61-84
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    References listed on IDEAS

    as
    1. Ionuț NICA & Ștefan IONESCU, 2020. "Business process modeling. Using Unified Modeling Language to streamline the design of the TO-BE system within a company," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(625), W), pages 89-106, Winter.
    2. Yigitbasioglu, Ogan M. & Velcu, Oana, 2012. "A review of dashboards in performance management: Implications for design and research," International Journal of Accounting Information Systems, Elsevier, vol. 13(1), pages 41-59.
    3. Nora CHIRIȚĂ & Andrei VIȘAN & Mihaela POPESCU, 2020. "Measuring Adobe Company performance from the perspective of a Complex Adaptive System," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(625), W), pages 55-72, Winter.
    4. M. Ishaq Bhatti & H. Awan & Z. Razaq, 2014. "The key performance indicators (KPIs) and their impact on overall organizational performance," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(6), pages 3127-3143, November.
    5. Diana Heckl & Jürgen Moormann, 2010. "Process Performance Management," International Handbooks on Information Systems, in: Jan vom Brocke & Michael Rosemann (ed.), Handbook on Business Process Management 2, pages 115-135, Springer.
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    Cited by:

    1. Abdulmajeed Alqhatani & Muhammad Shoaib Ashraf & Javed Ferzund & Ahmad Shaf & Hamad Ali Abosaq & Saifur Rahman & Muhammad Irfan & Samar M. Alqhtani, 2022. "360° Retail Business Analytics by Adopting Hybrid Machine Learning and a Business Intelligence Approach," Sustainability, MDPI, vol. 14(19), pages 1-20, September.

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