Approaches on the Operational Performance of Production Systems

Ioana Florica Badea, Cătălina Radu and Ana-Maria Grigore
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Ioana Florica Badea: The Bucharest Academy of Economic Studies, Romania
Ana-Maria Grigore: The Bucharest Academy of Economic Studies, Romania

REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, 2011, vol. 12, issue 6, 19-24

Abstract: The performance concept originated from the concept of firm management. The performance management of the firm involves improving its value-cost relationship, which means that the firm will be able to build a product or service, in terms of achieving cost and profitability targets, and compare the results with strategic forecasts. In addition, performance management also requires the firm's ability to develop a dynamic and continuous progress. In such conditions, its performance evaluation is not an objective in itself, but a means used by the organization to achieve progress. The paper will address issues which relate to improving performance and all the instruments used for this purpose.

Keywords: management; competitiveness; operational performance; performance management; production systems. (search for similar items in EconPapers)
JEL-codes: M10 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:rom:rmcimn:v:12:y:2011:i:6:p:19-24

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