Business performance management through a prism of software platforms

Author:

Azemović Nedžad

Abstract

In the information age organizations focus on an integrated business process, as opposed to previously specialized functional skills. Globalisation has erased borders, consequently putting firms on the market with the best companies in the world. Considering the development of performance management and the increasingly complex structure and data amount, doing business without the support of information technology (IT) is simply unthinkable. The new paradigm has been known as the third generation of information technology platforms ("3rd Platform IT"). It is based on "cloud", mobile, social and Big Data technologies. This will enable all important digital transformations, evolutions and expansion of the industry in the following period. The future of organisations depends on the ability to master 3rd Platform IT and use them to their advantage. This paper will present some of the software platforms, which concern the strategic management support system, the budget support system, the performance management support system as well as the performance management support systems for teams and individuals.

Publisher

Centre for Evaluation in Education and Science (CEON/CEES)

Reference8 articles.

1. Armstrong M., (2016). Performance Management -Key strategies and Practical Guidelines, Kogan Page, London;

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3. Gens F., (2013). The 3rd Platform: Enabling Digital Transformation, White paper, Sponsored by: Tata Consultancy Services (TCS), Digital Software & Solutions Group, www.idc.com;

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5. Panda S., Rath S.K., (2015). Investigating the relationship between IT capability and Organizational Performance: An Empirical evidence from Indian Banking Units, The International Journal of Management Science and Information Technology (IJMSIT), Issue 17;

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