Managing and measuring performance in organizational development

Ionica Oncioiu, Vinko Kandzija, Anca-Gabriela Petrescu, Ioana Panagoreţ, Marius Petrescu and Mihai Petrescu

Economic Research-Ekonomska Istraživanja, 2022, vol. 35, issue 1, 915-928

Abstract: The purpose of this study is to contribute to our understanding of the effects of implementing optimized solutions to increase the performance of a company. Based on a sample of 1442 small companies, the design of a linear model of optimization was selected because of the limits of the model of organizational development in Romania and the perspective on the market value of firms, which, in fact, is the most eloquent result of management's actions. Research results reveal that successful performance management is important for the survival and success of any organization in today's environment, which is highly competitive and continuously evolving. As expected, the management of an entity goes beyond time, and the role of the leader of the future is to ensure the long-term growth of shareholders’ wealth and the prosperity and well-being of the company he or she leads. Finally, our conclusions show that this model is valid and can be used to produce and implement organizational change in Romanian companies.

Date: 2022
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DOI: 10.1080/1331677X.2021.1951317

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