Improving the efficiency of the implemented system of motivation based on key performance indicator (KPI)
Abstract
Many companies often face lack of the expected effectiveness of the implemented system of motivation based on KPI. Most managers consider that it is enough to pay attention to the development of a system, and the implementation can be achieved by orders. This article surveys causes of the low efficiency of the system and methods for their elimination. Such factors as a systematic approach, effective staff training and rational organization of the implementation process play a very important role.
Keywords
KPI, motivation system, work with staff, systematic approach, system implementation
References
- Axson D.A. Best Practices in Planning and Performance Management: From Data to Decisions (Wiley Best Practices). John Wiley & Sons, Ltd., 2007. 434 p.
- Ветлужских Е.Н. Стратегическая карта, системный подход и KPI. Инструменты для руководителей. М.: Альпина Бизнес Букс, 2008. – 208 с.
- Каплан Р. С., Нортон Д. П. Организация, ориентированная на стратегию / Пер. с англ. – М.: ЗАО «Олимп-Бизнес», 2009. – 416 с.
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Issue
Section
Word of Young Scholars
Publication History
Published
2012-11-28
How to Cite
[1]
Masnichenko A.V. Improving the efficiency of the implemented system of motivation based on key performance indicator (KPI) // Economics: Theory and Practice. 2012. No 4 (28). С. 80–85. URL: https://etip.kubsu.ru/article/view/89
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Copyright (c) 2012 A. V. Masnichenko
This work is licensed under a Creative Commons Attribution 4.0 International License.