The Two-Prism Model of Enterprise Performance Management

Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 2

Abstract

The article is aimed to develop an authorial performance management model, taking into account the range of problems of Ukrainian enterprises. Based on the analysis and systematization of the existing systems, models and methodologies for enterprise performance management, has been determined that none of them covers the entire range of problems of enterprise or appears perfect when applying. According to the author, the most suitable for use in the Ukrainian business environment is the performance management model, known as «Performance Prism». However, it does not define some aspects that are important in the functioning of Ukrainian enterprises. Thus, on the basis of the indicated model an authorial two-prism model of performance management has been developed. The idea of the model is based on adding two more perspectives to the Performance Prism, namely the internal environment of enterprise and the external environment of enterprise. The proposed approach will increase the efficiency of enterprise and provide for implementation of its socio-economic development. Perspective direction for further development of the research topic will be development of logic-information procedure for determining the calculation-analytical indicators and criteria of socio-economic development of enterprise in conditions of dynamically developed environment.

Authors and Affiliations

Olena Vinichenko

Keywords

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  • EP ID EP122320
  • DOI -
  • Views 72
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How To Cite

Olena Vinichenko (2015). The Two-Prism Model of Enterprise Performance Management. Проблеми економіки, 2015(2), 126-132. https://europub.co.uk/articles/-A-122320