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SELECTION OF CRITERIA FOR KEY PERFORMANCE INDICATORS BY THE MATRIX METHOD

Journal: International Journal of Mechanical Engineering and Technology(IJMET) (Vol.10, No. 1)

Publication Date:

Authors : ; ;

Page : 1303-1311

Keywords : key performance indicators; KPI; matrix method; project management;

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Abstract

An enterprise for successful competition on the market needs to carry out detailed monitoring of the company's activities in strategic focus, increase the efficiency and effectiveness of management decisions, control the most important financial and nonfinancial performance indicators (KPIs) that are targeted for the company, and whose degree of achievement determines the movement of the enterprise according to a given strategy. . The values of KPI reflect both the business performance in general and the business processes that are considered separately, structural units and human resources. The article proposed matrix method of optimizing the portfolio of products to determine the main KPI. Also, on illustrative practical examples authors suggest Strategic map (fragment) and KPIs matrices of the key employees of a company

Last modified: 2019-05-24 21:02:32