Research of foreign and domestic experience of implementation of the system of key performance indicators in an organization
Abstract
The article gives an example of successful integration of KPI into the management structures of large companies, such as Deloitte, Samsung and McDonalds, which helps to improve the efficiency of business processes. The authors emphasize that in foreign practice the use of KPI is often accompanied by the use of additional management tools, such as balanced scorecards. This allows companies to formulate goals more clearly, define objectives and control results, which, in turn, strengthens their position in the competitive market. Special attention is paid to successful examples of KPI implementation in such companies as Google, Amazon and Netflix, each of which adapts the system to its unique conditions. As a result of KPI implementation, companies achieve significant growth in productivity and financial results. The article emphasizes that the use of KPIs is an important tool for achieving strategic goals and increasing the competitiveness of an organization in the context of constant change.
About the Authors
A. K. IldarkhanovaRussian Federation
A.K. Ildarkhanova, PhD in Economics.
M. S. Vasilova
Russian Federation
M.S. Vasilova, Master Student.
D. D. Biktasheva
Russian Federation
D.D. Biktasheva, Master Student.
References
1. The experience of using KPIs: the reasons for successes and failures // iTeam Official Website. – URL: https://iteam.ru/.
2. Abubakar S.M., Ahmad M.H., Yatim Y.M., Dodo Y.A. Key Performance Indicators (KPIs) to Promote Building Developers Safety Performance in the Construction Industry // Journal of Industrial Engineering and Management. – 2020. – No. 13(2). – P. 371–401.
3. A New Approach to Performance Management at Deloitte // Jims Official Website. – URL: https://www.jagannath.org/blog/a-new-approach-to-performance-management-at-deloitte/.
4. Amazon KPI Guide 2024 // Saras Official Website. – URL: https://sarasanalytics.com/blog/amazon-kpi/.
5. Boosting Your Bottom Line: Successful FMCG KPIs to Track Your Progress // Bricklay Official Website. – URL: https://www.brickclay.com/blog/records-management/boosting-your-bottom-line-successful-fmcg-kpis-to-track-your-progress/.
6. Evaluating the Impact of KPIs on Organizational Performance and Productivity // Vorecol Official Website. – URL: https://psicosmart.net/blogs/blog-evaluating-the-impact-of-kpis-on-organizational-performance-and-productivity-1033.
7. Gartner: Growing companies are actively collecting data on customer satisfaction // It Channel News Official Website. – URL: https://www.novostiitkanala.ru/news/detail.php?ID=144350.
8. KPI Partners named fastest growing technology company in Deloitte // Adkhabar Official Website. – URL: https://adkhabar.com/kpi-partners-named-fastest-growing.
9. McDonald's Operations and Supply Chain Management // Aithor Official Website. – URL: https://aithor.com/essay-examples/mcdonalds-operations-and-supply-chain-management.
10. Samsung Performance Management and Appraisal Report // IvyPanda Official Website. – URL: https://ivypanda.com/essays/samsung-electronics-company-performance-appraisal.
11. Top 43 Professional Services KPIs To Grow Your Company // Klient Official Website. – URL: https://klient.com/blog/top-kpis-examples-for-professional-services-firms/.
Review
For citations:
Ildarkhanova A.K., Vasilova M.S., Biktasheva D.D. Research of foreign and domestic experience of implementation of the system of key performance indicators in an organization. Kazan economic vestnik. 2024;1(3):19-23. (In Russ.)