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Modern Instruments For Measuring Organizational Performance

Author

Listed:
  • GRIGORE ANA-MARIA

    (A.S.E. Bucuresti, Management)

  • BADEA FLORICA

    (A.S.E. Bucuresti, Management)

  • RADU CATALINA

    (ACADEMIA DE STUDII ECONOMICE BUCURESTI, MANAGEMENT)

Abstract

Any significant management action can be assessed both in terms of success of immediate goals and as effect of the organization ability to embrace change. Market competition intensifies with the development of Romanian society and its needs. Companies that offer different products and services need to impose certain advantages and to increase their performances. The paper will present modern tools for measuring and evaluating organizational performance, namely: Balanced Scorecard, Deming model and Baldrige model. We also present an example for Balance Scorecard, of an organizations belonging to the cosmetics industry.

Suggested Citation

  • Grigore Ana-Maria & Badea Florica & Radu Catalina, 2010. "Modern Instruments For Measuring Organizational Performance," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 951-956, December.
  • Handle: RePEc:ora:journl:v:1:y:2010:i:2:p:951-956
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    File URL: http://anale.steconomiceuoradea.ro/volume/2010/n2/151.pdf
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    More about this item

    Keywords

    management; performance; balance scorecard; performance measurement;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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