Performance Management Assessment Model for Sustainable Development

Flavia Fechete and Anisor Nedelcu
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Flavia Fechete: Department of Manufacturing Engineering, Transilvania University of Brasov, 29 Eroilor Boulevard, Brasov 500036, Romania
Anisor Nedelcu: Department of Manufacturing Engineering, Transilvania University of Brasov, 29 Eroilor Boulevard, Brasov 500036, Romania

Sustainability, 2019, vol. 11, issue 10, 1-27

Abstract: Achieving performance is the premise of an organization’s existence on the market. Performance may be achieved by optimal administration of resources, in order to ensure not only short-term but also long-term efficacy. In this sense, performance and sustainability have common support. A sustainable enterprise is, implicitly, a performing enterprise. To be performing or to be able to support sustainable development implies the concern for simultaneous achievement of three categories of objectives: Economic-financial, social and environmental. Therefore, performance measurement requires a global vision of what the entity’s performance means. Thus, the present paper has the major objective of determining the global performance within industrial systems, by indicators that are mainly used to assess the sustainability aspects of the manufacturing systems. Indicators, such as manufacturing costs, quality of manufacturing, energy consumption, personal motivation, and safety, were correlated by an advanced multicriterial analysis. The created model presents the novelty that it provides a total score for performance, allowing to highlight risk areas and to set up improvement measures. The model is an important tool for optimizing the planning processes in order to reduce the consumption of energy, materials or water.

Keywords: performance management; global performance; sustainable development; organizational performance; key performance indicators (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:11:y:2019:i:10:p:2779-:d:231334

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