√ Definition of Company Performance According to Experts (Discuss in full)
Definition of Company Performance According to Experts (Discuss in full) – Of course we can know if each company can definitely review the performance of a company. Each company, of course, always reviews the performance of the company in a certain period.
Activities like this are often referred to as company performance. There is also an understanding of company performance is the result of a management activity in a company. The results of this performance are used as benchmark parameters in assessing the success of the company's management itself.
Definition of Company Performance According to Experts (Discuss in full)
The company's performance is none other than the company's internal control. Today more and more small, large and even medium companies are developing each other. Well, some companies are also very intense monitoring how the performance of a company develops.
Good management performance can improve control within the company, but in implementation the procedures applied are often not in accordance with the company's performance and also the division of tasks and responsibilities answer. Company performance is something that is produced by the company in a certain period with reference to established standards.
In achieving company goals, company performance is very important. One of the efforts made is to apply the GCG system in company performance.
GCG System as Company Performance
The main objective of GCG is to increase business success and accountability, create a control and balance system (checks and balances), preventing the misuse of company resources and continuing to encourage the company's growth.
The correct and consistent implementation of GCG is expected to create strong fundamentals for increasing value company in the long term through high performance improvement and the creation of a good corporate image positive. In general, the implementation of GCG is carried out internally.
The auditor is a supporting organ formed by the board of directors. The role and function of internal auditors in a company are also used as parameters and indicators to measure implementation of GCG principles, namely through a system of transparency, accountability, responsibility, independence, and fairness.
There are indications of reduced administrative errors or errors that have a negative impact on the finances of a company, which is also a measure of the success of internal auditors.
In addition, the internal auditor must also provide input as an effort to achieve the company's business strategy, evaluate the company's risk management and provide recommendations for improvements to procedures and control of the company's business processes as well as evaluation of the adequacy of the company's performance indicators in terms of efficiency and effectiveness.
According to Adiyatna and Marimin (2001), effectiveness is related to performance in achieving goals, while efficiency is related to the use of resources.
Company performance appraisal can be measured by financial and non-financial measures. Non-financial performance measures include customer satisfaction, productivity and cost effectiveness of business processes or internal as well as productivity and personnel commitment that will determine future financial performance come.
So in other words the company's performance is also carried out to monitor the achievement of goals that have been set in a certain period. From this piece of understanding of company performance, we can also see the understanding of company performance from several experts and experts, including:
Definition of Company Performance
Company performance is the result of work that can be achieved by a person or group of people in a company in accordance with the authority and responsibility each other's responsibilities in an effort to achieve company goals legally, and do not violate the law, and do not conflict with morals and ethics. According to (Rivai & Basri, 2004:16)
Company performance (Companies performance) is something produced by a company in a certain period with reference to established standards. Measurement of company performance activities is designed to assess how the activity performance and the final results are achieved.
Definition of Company Performance according to Experts
Meanwhile, according to company performance experts are:
1. Moerdiyanto
company performance is the result of a series of business processes which at the expense of various kinds of resources, if the performance The increase in the company can be seen from the incessant activities of the company in order to generate maximum profits. The profits or profits generated will certainly differ depending on the size of the company that is engaged.
2. Helfert
The company's performance is the result that is made by the management continuously. In this case, the result in question is the result of many individual decisions.
3. Chariri and Ghozali
Company performance can also be measured using financial information or also using non-financial information. This non-financial information can be in the form of customer satisfaction for the services provided by the company. Even so, most company performance is measured by financial ratios in a certain period.
From the explanations and opinions of the experts above about company performance, So the company's performance is a result of the company's business processes that show the value of the success of a business that can be measured by financial and non-financial information. Here is some information about understanding of company performance.
Thus our discussion this time about Definition of Company Performance According to Experts (Discuss in full), I hope this article is useful for all of us. Thank you 🙂
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