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Using Integrated Performance Indicator Systems in the Digital Economy: A Critical Review
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Author(s): Ana Maria Ifrim (Titu Maiorescu University, Romania), Alina Stanciu (1 Decembrie 1918 University, Romania), Rodica Gherghina (The Bucharest University of Economic Studies, Romania)and Ioana Duca (Titu Maiorescu University, Romania)
Copyright: 2019
Pages: 15
Source title:
Network Security and Its Impact on Business Strategy
Source Author(s)/Editor(s): Ionica Oncioiu (European Academy of the Regions, Belgium)
DOI: 10.4018/978-1-5225-8455-1.ch011
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Abstract
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.
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