Using Integrated Performance Indicator Systems in the Digital Economy

2019 ◽  
pp. 185-199
Author(s):  
Ana Maria Ifrim ◽  
Alina Stanciu ◽  
Rodica Gherghina ◽  
Ioana Duca
Keyword(s):  
Organizational Culture ◽  
Exponential Growth ◽  
Performance Indicator ◽  
Digital Economy ◽  
Turbulent Environment ◽  
Digital Era ◽  
Strategic Impact ◽  
Integrated Performance ◽  
Technological Opportunities ◽  
Indicator Systems

The digital era has brought along the exponential growth of the economic and technological opportunities that entities can access and implement in the development of their own activities, along with a series of threats with strategic impact. Being a global, multinational, sustainable, profitable, and credible concept, it also involves a leadership connected to market threats for the entity. Moreover, this leadership must be adaptable, identifying with the vision of the entity and conveying it to its members through the organizational culture it cultivates, but above all a leader who understands and is aware of the functioning of the entity, both managerially and economically. And in order to achieve this, a permanent assessment and re-evaluation of the entity's performance is imperative. This chapter seeks to understand the economic and managerial mechanisms of operation to base the making of pertinent, real, and especially timely decisions in counteracting the threats of a turbulent environment while increasing the potential of the entity.

Specifics of strategic financial planning of enterprise activity in the digital economy

2020 ◽  
Vol 26 (3) ◽  
pp. 499-507
Author(s):  
P.A. Levchaev ◽  
B. Khezazna
Keyword(s):  
Strategic Planning ◽  
Financial Planning ◽  
Financial Management ◽  
Digital Economy ◽  
Economic Life ◽  
Corporate Management ◽  
Economic Relations ◽  
Digital Era ◽  
Analysis And Synthesis ◽  
Corporate Management System

Subject. The article investigates the specifics of strategic financial planning of enterprise operations in conditions of digitalization processes, as well as the introduction of advanced technologies in all spheres of social and economic life. It determines unique opportunities for company development in the international market. Objectives. The study aims at reviewing a set of economic relations and problems emerging in the process of strategic financial planning of enterprise performance in the digital economy, and developing recommendations to improve the financial strategic planning of economic entities. Methods. We employ methods of economic analysis and synthesis, and comparison. The paper rests on works by academic economists on the problems of finance, financial management, and planning. Results. We investigated the most important features and problems of strategic financial planning of enterprises in the digital economy, and how the digital era increases the level of competition of participants for economic dominance. Identified features of financial strategic planning of the corporation's activities in the digital economy are recommended for use in the corporate management system of an industrial enterprise. Conclusions. Improving the strategic management process is a stage of transformations in the digital economy. Enterprises create new priorities through using management models. At the same time, the role of fixed assets is reduced, and intangible assets and information accelerate the business. The effectiveness of company operations is often determined by the availability of accurate and timely information that reflects the necessary aspects of financial and economic practice.

scholarly journals DEVELOPMENT OF THE PRINCIPLE OF MUTUAL TRUST BETWEEN THE STATE AND SOCIETY IN THE DIGITAL ECONOMY

2021 ◽  
pp. 84-93
Author(s):  
Ольга Ивановна Юстус
Keyword(s):  
Digital Economy ◽  
The State ◽  
Regulatory Framework ◽  
Mutual Trust ◽  
Constitutional Principle ◽  
Digital Era ◽  
State And Society

Статья посвящена анализу содержания конституционного принципа взаимного доверия государства и общества; исследуются тенденции развития указанного принципа в условиях цифровой экономики; обосновывается необходимость формирование соответствующей требованиям цифровой эпохи нормативно-правовой базы, позволяющей регулировать видоизмененные экономические процессы. The article is devoted to the analysis of the content of the constitutional principle of mutual trust between the state and society in relation to; the trends in the development of this principle in the digital economy are investigated; the need for the formation of a regulatory framework that meets the requirements of the digital era, allowing to regulate modified economic processes, is justified.

Creating Inclusive Workplaces for Women in Health Organizations Engaging in Digital Economy-Driven Innovations

2021 ◽  
Vol 12 (2) ◽  
pp. 18-31
Author(s):  
Darrell Norman Burrell ◽  
Stephanie Johanna Barrett ◽  
Eugene J. M. Lewis ◽  
Maurice Dawson ◽  
Karen Bovell ◽  
...  
Keyword(s):  
Organizational Development ◽  
Complex Dynamics ◽  
Digital Economy ◽  
Research Approach ◽  
Healthcare Organizations ◽  
Senior Managers ◽  
Female Workers ◽  
Digital Era ◽  
Letting Go

The digital economy is creating significant innovations in healthcare. Thriving in this new digital era requires all kinds of healthcare organizations to shift their cultural and organizational mindsets to be more adaptive. The new adaptability means letting go of outdated business cultures and processes, especially those that not inclusive and respectful of women and their professional contributions. This case study reflects an IT healthcare organization in which several senior managers inappropriately harassed female workers at work and online through their social media accounts. The study explored the complex dynamics of management consulting organizational development intervention using an applied research approach. The results concluded a significant need for organizational change in technical healthcare organizations as healthcare goes through a significant digital transformation as a result of a growing digital economy.

Creation of Indicators Determining the Work of High-Tech Business Practitioners

2012 ◽  
pp. 67-81
Author(s):  
Irene Lorentzen Hepsø ◽  
Vidar Hepsø
Keyword(s):  
Oil And Gas ◽  
Performance Indicator ◽  
Research Question ◽  
High Tech ◽  
Erp Systems ◽  
Key Issues ◽  
Business Practitioners ◽  
Indicator Systems ◽  
Interesting Area

The authors address how performance indicators are configured and engineered in ERP-systems to follow up the activities of the knowledge workers in an oil and gas company. ERP-systems enable the development of new performance indicator systems, and give management simple dashboard tools to follow up and compare the performance of the organizational members across time and space. Decisions in organizations are increasingly taken on the basis of these abstract indicators that work as signs and inscriptions. This makes the development of such accounting indicators an interesting area of research because the representation of such indicators will to a large extent govern the decision making and practices of the organization. Who inscribes and controls the indicators controls the business. The authors discuss the development of such indicators as an inscription and translation process and how the indicators develop as a consequence of negotiations between influential actors. Finally, they address the consequences of these indicators and argue that they are dependent upon three key issues: the validity of the indicators, their reliability, and how indicators are negotiated. The authors’ research question is how do disparate organizational groups interplay with physical and technical elements to create indicators determining the work of high-tech business practitioners?

E-Readiness and Its Assessment

2010 ◽  
pp. 77-86
Author(s):  
Stephen M. Mutula
Keyword(s):  
United States ◽  
Hong Kong ◽  
The United States ◽  
Digital Economy ◽  
Business Value ◽  
Digital Era ◽  
The World

The level of e-readiness of the digital economy is expected to vary across different jurisdictions. The e-readiness ranking of nations, which has been a regular undertaking by various agencies since 2000, demonstrates that the world is, indeed, moving steadily into a new digital era, and that by extension, businesses are increasingly operating in the digital economy. The 2008 e-readiness ranking of nations and similar previous rankings suggest that collectively, the world is steadily moving up the e-readiness charts; for example, average e-readiness rose by 0.15 to 6.39 in the 2008 rankings, up from 6.24 in the previous year, with the United States being the 2008 global ereadiness leader (with 8.95), followed closely by Hong Kong, which advanced up by two places (The EIU/IBM Business Institute for Business Value, 2008).

scholarly journals How to Effectively Build Marketing in the Digital Era Economies

2020 ◽  
Vol 159 ◽  
pp. 04026
Author(s):  
Akmaral Orazymbetova ◽  
Berik Bekmurzayev ◽  
Akmaral Kazykeshvova ◽  
Svetlana Faizullina ◽  
Asel Kogabayeva
Keyword(s):  
Scientific Method ◽  
Swot Analysis ◽  
Digital Economy ◽  
Advanced Technology ◽  
Digital Marketing ◽  
Digital Era ◽  
Advanced Technologies ◽  
Analogue Method ◽  
Value Propositions ◽  
General Scientific

The article describes the problems and criteria for the development of marketing in the era of the digital economy. In the structure of the digital economy, the process of modifying marketing into smart-marketing (digital-marketing) happens - work that allows the use of digital advanced technologies. Thus, by analyzing “Big Data” and applying other achievements of advanced technology, it is possible to influence the compilation of needs, as well as develop and promote value propositions for consumers on the market. The article uses methods - general scientific method, i.e. analysis of world experience in transition to absolute digital economy, implementation of digitalization in all types of activities; philosophical method - is based on analytical and statistical conclusions about digitalization of economy and its impact on other activities; analogue method - the same forecasts about digitalization of marketing were taken from the theory of digital economy and its direction. As a result, based on the SWOT analysis, leaning on the strengths, weaknesses, threats and opportunities, it is possible to understand that the digital economy undoubtedly affects marketing.

scholarly journals Construction reorganization as a type of high-rise construction and environmental protection

2020 ◽  
Vol 164 ◽  
pp. 02010
Author(s):  
Robert Avetisyan ◽  
Muhammad Khalil ◽  
Natalya Galaeva ◽  
Ruben Kazaryan
Keyword(s):  
Environmental Protection ◽  
Performance Indicator ◽  
Operational Reliability ◽  
The Other ◽  
Industrial Building ◽  
High Rise ◽  
Functional Zone ◽  
Integrated Performance

Construction reorganization, as a type of high-rise construction is part of a basic reorganization cycle in which four phases (phases, states, technological redistribution) are consistently implemented: device, disorganization, reorganization and co-organization. Loft style methodology: the integrated performance indicator organizational and technological operational reliability (OTOR) of the Loft room, which is determined with the help of stellar infographic models, makes it possible to prove arguably the necessity or absence of the need to reorganize the former industrial building. The assessment of the functional zone of the level of the OTOR indicators in the system of the infographic model, in which the number of axes emanating from the point “zero”, corresponds to the number of parameters characterizing a specific functional zone. Valuation parameters are ranked in accordance with their tendency towards centripetal and centrifugal. The field of our research lies in the phase of reconstruction. The determination of the level of OTOR of one functional zone is formed by the construction of two infographic star-shaped models, one of which is constructed by centripetal indicators, and the other by centrifugal indicators.

scholarly journals Performance Evaluation Indexes in Public Administration Some issues of their actual usefulness

2014 ◽  
Vol 3 (2) ◽  
Author(s):  
Laura Tampieri
Keyword(s):  
Public Administration ◽  
Performance Indicator ◽  
Point Of View ◽  
International Studies ◽  
Managerial Control ◽  
Evaluation Indexes ◽  
European Public ◽  
The Difference ◽  
The Relationship ◽  
Indicator Systems

The paper examines the approach to usefulness of performance indicator systems in Public Administration (PA). There are many international studies about this subject, especially from the point of view of efficiency, effectiveness and adequacy. The used approach considers the difference among these indicators based on the level of difficulty in PA implementation. The research compares some indicator systems in European Public Administration considering their easiness and feasibility to apply and connecting these qualities to the basic structures of efficiency, effectiveness and adequacy. The paper aims to compare performance indicator systems of Austria, Italy and Slovenia, emphasizing the relationship between the indicators and their diffusion in government managerial control. In particular the paper underlines the connection between the difficulty of indexes application and the level of diffusion. in Public Administrations.

scholarly journals Legal Regulation of Economic Relations and Convergence of Law and Economics Issues at Foreign Legal Doctrine in the Digital Economy

2020 ◽  
Vol 8 (5) ◽  
pp. 120-133
Author(s):  
Tat'yana Evseeva
Keyword(s):  
Economic Impact ◽  
Present Article ◽  
Law And Economics ◽  
Legal Regulation ◽  
Digital Economy ◽  
Legal Doctrine ◽  
Economic Relations ◽  
Digital Era

Foreign theories of law and economics interrelation differ. There were attempts of classifying the theories by the criteria of law economic impact on economy. Different doctrines of law and economics interrelation are supposed to be regarded at the present article taking into consideration state legal regulation of economic relations (law and economics interrelation). The issues of convergence of law and the science of economics are also raised at the present paper. Moreover, there are challenges of the digital era that require some new measures and methods of law and economics exercising.

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