Your browser doesn't support javascript.
Strategic Performance Measurement System: Its Impact On Firm Performance In The Covid-19 Pandemic Era
Webology ; 19(2):8846-8859, 2022.
Article in English | ProQuest Central | ID: covidwho-1957913
ABSTRACT
This study aims to analyze the effect of The Strategic Performance Measurement System (SPMS) on company performance in the Covid 19 pandemic era. The study also analyze the relationship between performance measurement and corporate performance for Indonesian Sharia banking. The research design is an explanatory study using survey methods and quantitative methods in Islamic banking. The object of this study is Indonesian sharia bank. The sampling technique is based on a purposive sampling method, and the data used are raw data. Research data processing adopts structural equati on model. The alterati on between this study and previous studies is that this study conducted in the covid 19 pandemic era then investigates the impacts of the strategic performance measurement system and performance of the Indonesian Sharia Bank.As part of the performance evaluation system, the Strategic Performance Measurement System (SPMS) is a performance measurement system that combines strategy, business operations, and financi al conditions to measure the extent to which the company achieves its goals, visions and missions. Implementing a successful strategy in a company should follow two important matters. First, understand the company cycle that connects strategy and operations, and second, understand the strategy used at each stage of the company. The performance measurement system encourages managers to consider how the company's activities are suitable for other parts of the company from a strategic point of view and assist the company in the management of business activities. Inadequate management and supervision of the performance measurement system puts the company at risk of failure. A proper performance measurement system can protect the organization from potential losses and improve the effectiveness of the organization. The results show the impact oflthe SPMS on company performance shows supported inthe covid-19pandemic era. This finally extends the body of knowledge in this subject and suggested that managers and policymakers should focus on strategic performance measurement system characteristics to enhance firm performance, that company should concern to strategic performance measurement which gives guidance for business strategy and company operations, reward systems, feedback and recommendations.
Keywords
Search on Google
Collection: Databases of international organizations Database: ProQuest Central Type of study: Experimental Studies Language: English Journal: Webology Year: 2022 Document Type: Article

Similar

MEDLINE

...
LILACS

LIS

Search on Google
Collection: Databases of international organizations Database: ProQuest Central Type of study: Experimental Studies Language: English Journal: Webology Year: 2022 Document Type: Article