A NOVEL CONCEPT FOR QUANTITATIVE MEASUREMENT OF ORGANIZATIONAL PERFORMANCE INDEX
Journal Title: Journal of Engineering Management and Competitiveness (JEMC) - Year 2020, Vol 10, Issue 2
Abstract
The performance of an organization depends on many dimensions of technology and management such as leadership, strategic planning, customer focus, process management, measurement, analysis, knowledge management, costing, financial management, and human resource management. However, the efficiency of the organization can be easily assessed from the organization’s performance output compared to the set targets while other dimensions act as add-on catalysts in maximizing productivity. Hence, the measurement of the overall output of the organization as well as all its departments in any organizational hierarchy becomes very critical. A novel quantitative measurement methodology of the organizational output combining mathematical and statistical modeling on the bottoms-up approach is developed and explained in this paper. The concept can be used with existing enterprise resources and planning tools available in industries for the enhancement of their productivity.
Authors and Affiliations
Simon K. JOHN, Samuel P. MATHEWS, Balachandra P. SHETTY, R. K. MISHRA
Keywords
Related Articles
- EP ID EP754098
- DOI -
- Views 7
- Downloads 0
INFLUENCE OF ENTREPRENEURS ON JOB SATISFACTION AND ORGANIZATIONAL COMMITMENT OF EMPLOYEES
In this paper, we analyze reliability, correlations, regression of employee obligations, compare employee regression, job satisfaction regression, and hierarchical regression analysis. As techniques for comparison of ent...
CONSUMER EXPERIENCE AND THE ROLE OF PROMOTION ON THE MOBILE DEVICE MARKET
In this study, the influence of promotion and product quality on customers’ satisfaction was analyzed. The research was conducted via a survey. The goal of the paper was to define and analyze the correlation between vari...
STRATEGIC ANALYSIS OF ZALAEGERSZEG PROVING GROUND
The investment of the Zalaegerszeg Proving Ground was finalized by a government decree - nr. 1292/2016. (VI. 13.) – which was a final result of a 2-year-long teamwork on the overall preparation, resource management and o...
SIMLATION OF LINEAR BUSINESS PROCESSES
Business processes are applied in business organizations, with interconnected and interactively working activities, which convert input into output elements. These are sets of linked and structured activities or tasks th...
THE IMPLEMENTATION AND MANAGEMENT OF E-LEARNING IN COMPANIES – THE STATE OF E-LEARNING IN HUNGARY BASED ON EMPIRICAL RESEARCH
In this article we attempt to review the basic theoretical concepts of e-learning as acknowledged in the relevant literature. We highlight the features of those improvements clearly visible in the field of e-learning, an...