Model of Performance Measurement and Management System in "The Visegrad Group"

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F23%3A43924758" target="_blank" >RIV/62156489:43110/23:43924758 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.18421/TEM123-43" target="_blank" >https://doi.org/10.18421/TEM123-43</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.18421/TEM123-43" target="_blank" >10.18421/TEM123-43</a>

Result language

angličtina

Original language name

Model of Performance Measurement and Management System in "The Visegrad Group"

Original language description

This article summarizes the model of the performance measurement and management systems in Industry 4.0. in the Visegrad Group (V4) countries. The main goal of the research is to suggest a Performance model and management system model (PMMS). Methods of research were focused on using the questionnaires method with the Dillman method and five research questions (RQ1-RQ5). The object of research comprised of 60 industrial V4 companies with the direction of law form, count of the employee, revenues, and type of industry. The return of the questionnaire was 49 respondents of 60 respondents -companies. 42 companies monitor financial performance and 40 companies&apos; employee performance. Information sources for measuring performance are information systems that are use 39 companies and 39 companies use financial statements. 19 companies use less than 10 KPIs, and 28 companies monitor KPIs throughout the year. The new model of performance measurement and management system in Industry 4.0 is a competitive advantage in the global market and in the hyper-competitiveness environment.

Czech name

—

Czech description

—

Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50204 - Business and management

Project

—

Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

TEM Journal

ISSN

2217-8309

e-ISSN

2217-8333

Volume of the periodical

12

Issue of the periodical within the volume

3

Country of publishing house

RS - THE REPUBLIC OF SERBIA

Number of pages

9

Pages from-to

1618-1626

UT code for WoS article

001059428400043

EID of the result in the Scopus database

2-s2.0-85171456299