Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View

Even though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents...

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Autor principal: Ratnayake,Chandima
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2009
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000100014
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spelling oai:scielo:S0718-272420090001000142009-07-29Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of ViewRatnayake,Chandima Performance measurement management Kuhn's philosophy Even though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents of performance measurement and attempts to give philosophical definition, in fact addressed the evolution of traditional ways of measuring performance. The paper suggests that modern frameworks have indeed addressed the organizations external to them while satisfying the conditions internal to them and providing an analogy of the notion of Kuhn's scientific paradigm. This analogy is consistent with the fundamental proposition of Kuhnian philosophy of science, that progress only happens thorough successive and abrupt shifts of paradigm.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.4 n.1 20092009-05-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000100014en10.4067/S0718-27242009000100014
institution Scielo Chile
collection Scielo Chile
language English
topic Performance measurement
management
Kuhn's philosophy
spellingShingle Performance measurement
management
Kuhn's philosophy
Ratnayake,Chandima
Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
description Even though remarkable progress has been made over recent years in the design of performance measurement frameworks and systems, many companies are still primarily relying on traditional financial performance measures. This paper presents an overview of modern descendents and historical antecedents of performance measurement and attempts to give philosophical definition, in fact addressed the evolution of traditional ways of measuring performance. The paper suggests that modern frameworks have indeed addressed the organizations external to them while satisfying the conditions internal to them and providing an analogy of the notion of Kuhn's scientific paradigm. This analogy is consistent with the fundamental proposition of Kuhnian philosophy of science, that progress only happens thorough successive and abrupt shifts of paradigm.
author Ratnayake,Chandima
author_facet Ratnayake,Chandima
author_sort Ratnayake,Chandima
title Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
title_short Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
title_full Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
title_fullStr Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
title_full_unstemmed Evolution of Scientific Management Towards Performance Measurement and Managing Systems for Sustainable Performance in Industrial Assets: Philosophical Point of View
title_sort evolution of scientific management towards performance measurement and managing systems for sustainable performance in industrial assets: philosophical point of view
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2009
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000100014
work_keys_str_mv AT ratnayakechandima evolutionofscientificmanagementtowardsperformancemeasurementandmanagingsystemsforsustainableperformanceinindustrialassetsphilosophicalpointofview
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