OVERALL PERFORMANCE - BY CREATING VALUE

Valentina Dorina Bogdan
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Valentina Dorina Bogdan: Facultatea de Economie şi de Administrare a Afacerilor din Timişoara

Management Intercultural, 2014, issue 31, 41-49

Abstract: Performance has received a fundamental role in an organization's framework given the context in which the competition for each market segment has become even tighter, and the globalization mechanisms eliminates the weaker ones. Performance doesn't require only measurement, but also has to be managed. Taking into consideration the evolution of aforementioned macro-economics it would develop the global performance, which meets besides the economical aspects, the social and environmental ones. The organizations have to face three types of key challenges when it comes to performance measurement: inclusion in the determination process of multiple framework measurements, with multiple indicators, the lack of uniform definitions, but also the lack of consistent applications - all these lead to a variable and trust-lacking measurement of a sustainable performance.

Keywords: Performancce; Creating value; Global performance (search for similar items in EconPapers)
JEL-codes: G32 M19 M40 (search for similar items in EconPapers)
Date: 2014
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