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Measuring Enterprise Performance to Achieve Managerial Goals

Author

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  • Anatoliy G. Goncharuk

    (International Humanitarian University, Ukraine)

Abstract

The author proposed a system of measuring enterprise performance includes three metrics of performance: key result indicators, productivity indicators and key performance indicators. This system covers all levels of management and permeates the entire enterprise from workplaces and departments up to senior management and owners, giving to external environment only general information about the performance, which is usually included in the annual and quarterly reports of the enterprise. The guidance on application of the modern methods of performance estimation under different management situations is formulated.

Suggested Citation

  • 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, vol. 3(1), pages 8-14.
    • Handle: RePEc:ods:journl:v:3:y:2014:i:1:p:8-14
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    References listed on IDEAS

    as
    1. Anatoliy GONCHARUK, 2011. "Making the Mechanism of Enterprise Performance Management," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 58-72, June.
    2. Anatoliy Goncharuk, 2011. "Enterprise Performance Management: Conception, Model And Mechanism," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 4(1), pages 1-238, September.
    3. Anatoliy G. Goncharuk, 2009. "How to make suger production more effective: A case of Ukraine," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 14(1), pages 105-123.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Tamara A. Horobets, 2020. "Measuring Performance of the SMEs: A Case of Ukraine," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 9(4), pages 162-168, December.
    2. Chen, R. & Hu, Y. & Wu, Y. & Zheng, X., 2019. "Performance Evaluation of Chinese Private Enterprises: A Comparative Study of Suning and Gome," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 8(2), pages 57-70, May.
    3. Anatoliy G. Goncharuk, 2018. "Efficiency vs Effectiveness: Alternative Metrics for Research Performance," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 7(1), pages 24-37, February.
    4. Horobets, T. A., 2019. "Value-Added Approach to the SMEs' Performance Measurement," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 8(4), pages 182-188, December.
    5. Sourour Ramzi & Mohamed Ayadi, 2016. "Assessment of Universities Efficiency Using Data Envelopment Analysis: Weights Restrictions and Super-Efficiency Measure," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(1), pages 40-58, February.
    6. Sanjay Bahl, 2016. "Stress Management in Service Sector: A Case Study of Life Insurance Corporation of India," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(3), pages 137-148, August.
    7. Xiaosong Zheng & Jaan Alver, 2015. "A Modification of Efficacy Coefficient Model for Enterprise Performance Evaluation," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 4(3), pages 177-187.
    8. Anatoliy G. Goncharuk, 2015. "Management Education in Research," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 4(3), pages 151-155.
    9. Jana Cocuľová, 2016. "Analysis of Selected Factors of the Quality of Work Life as Determinants of Work Performance," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(3), pages 149-155, August.
    10. Anatoliy G. Goncharuk, 2016. "The Challenges of Efficiency and Security of International Food Value Chains," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(4), pages 241-249, November.
    11. G.V. Satya Sekhar, 2016. "Ten Myths of Performance Evaluation of Mutual Funds: a Snapshot View," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(1), pages 59-65, February.
    12. Yurii Hrinchenko, 2020. "The Case of the Aviation Industry Development under the Conditions of an Open Economy: A Theoretical Context," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 9(1), pages 28-41, March.
    13. Andrea Krýslová, 2018. "Development of Changes in Corporate Governance Considering Its Non-Financial Factors through the Companies´ and Investors´ Lens," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 7(4), pages 225-235, November.
    14. Anatoliy G. Goncharuk & Natalia O. Lazareva & Ibrahim A. M. Alsharf, 2015. "Benchmarking As A Performance Management Method," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 11(2), pages 27-36, June.
    15. Anatoliy G. Goncharuk, 2016. "Evaluating the Efficiency of Higher Education," Journal of Applied Management and Investments, Department of Business Administration and Corporate Security, International Humanitarian University, vol. 5(2), pages 82-91, May.

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