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KPI as Performance Management Systems

   

Added on  2021-05-31

7 Pages1209 Words58 Views
Business Development
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Running head: IMPACT OF KPI’S ON ORGANIZATIONAL CREATIVITYImpacts of Performance Measurement Systems (KPIs) On Creativity in OrganisationsName of the University:Name of the Student:Authors Note:
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1IMPACT OF KPI’S ON ORGANIZATIONAL CREATIVITYTable of Contents1. Introduction............................................................................................................................22. KPI as Performance Management Systems...........................................................................23. Characteristics of KPIs...........................................................................................................34. Impact of KPI in Creativity of Organizations........................................................................45. Conclusion..............................................................................................................................5References..................................................................................................................................6
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2IMPACT OF KPI’S ON ORGANIZATIONAL CREATIVITY1. IntroductionBititci, Cocca and Ates (2016) indicated that performance management systems orKPI facilitates in collecting knowledge along with analysing the best manner in whichorganizations can attain their business objectives. Considering the same, the current literaturereview will focus on analysing the impacts of KPI’s on attaining creativity within theorganizations through evaluating previousresearch on the subject. Through review of theprevious literature it has been gathered that researchers have offered several ideas in order todetermine KPI’s manually, automatic along with being semi-automobile that in appliedwithin distinct fields. 2. KPI as Performance Management SystemsKairuzet al. (2016) stated that within the business environment Key PerformanceIndictors or (KPIs) are majorly quantitative information as it explains the processes orstructures of an organization. These researches are also important in controlling and planningby means of supporting information, generating transparency through supporting the decisionmakers of the management. Santos, Pache and Birkholz (2015) indicated severalorganizations are working with wrong measures and many of them are not considered withinthis performance management system. As a performance management system, KPI indicatesthe appropriate actions through which organizations can enhance their creativity to increaseperformance. Peters et al. (2016) stated that it can also elaborate the relationship between thefour measures such as Key result indicators (KRIs), Result indicators (RIs) and Performanceindicators (PIs) through employing an onion strategy indicated in the diagram below.
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