International Journal of Mechanical Engineering and Technology (IJMET)

Source ID:00000002
Volume 10, Issue 1,January 2019, Pages 1303-1311, Page Count - 9

SELECTION OF CRITERIA FOR KEY PERFORMANCE INDICATORS BY THE MATRIX METHOD

Lagodiienko Volodymyr (1) Malanchuk Marina (2) Gayvoronska Inna (3) Sedikov Denys (4)

(1) Department of Marketing, Business and Trade, Odessa National Academy of Food Technologies, Odessa, Ukraine.
(2) Department of Economics and Financial Support, The National Defence University of Ukraine, Kyiv, Ukraine.
(3) Department of Marketing and Business Administration, Odessa I. I. Mechnikov National University, Odessa, Ukraine.
(4) Department of Management and Logistics, Odessa National Academy of Food Technologies, Kanatnaya, Ukraine.

Manuscript ID:- 00000-04385
Access Type : Open Access
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Cite this article:Lagodiienko Volodymyr,Malanchuk Marina,Gayvoronska Inna,Sedikov Denys,  Selection Of Criteria For Key Performance Indicators By The Matrix Method, International Journal of Mechanical Engineering and Technology(IJMET), 2019, 10(1), PP.1303-1311

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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.
Author Keywords
Key performance indicators KPI matrix method project management.


ISSN Print: 0976-6340 ISSN Online: 0976-6359
Source Type: Journals Document Type: Journal Article
Publication Language: English DOI: 10.34218/IJMET.10.1.2019.132
Abbreviated Journal Title: IJMET Access Type: Open Access
Publisher Name: IAEME Publication Resource Licence: CC BY-NC
Major Subject:Physical Sciences Subject Area classification: Engineering and Technology
Subject area: Mechanical Engineering Source: SCOPEDATABASE

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