Conceptual Framework of Performance Management System for Construction Companies in Indonesia
Ima Fatima1, Dermawan Wibisono2, Akbar Adhiutama3
1Ima Fatima, Student, Department of Science and Management, School of Business and Management, Institute Technology Bandung, Indonesia.
2Dermawan Wibisono, School of Business and Management, Institute Technology Bandung, Indonesia; Pertamina University, Indonesia.
3Akbar Adhiutama, School of Business and Management, Institute Technology Bandung, Indonesia.
Manuscript received on 05 March 2019 | Revised Manuscript received on 17 March 2019 | Manuscript Published on 22 March 2019 | PP: 322-329 | Volume-8 Issue-5S April 2019 | Retrieval Number: ES3436018319/19©BEIESP
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: Different factors determine a company’s success. The quality of the company’s performance management system (PMS) is one factor that supports this success. Performance management is essentially the systematic process by which the company involves its employees in the achievement of organizational missions and objectives. Facing tighter business competition, performance management can be the best approach to increase employee motivation, boost productivity, and produce tangible impacts on improving the performance and development of the company’s business. This paper presents an alternative framework of performance management system for corporate level for construction companies in Indonesia. In the development of the proposed alternative PMS, one of the performance management system approaches, namely the Knowledge – Based Performance Management System (KBPMS). The proposed framework is expected to be more suitable for construction companies in Indonesia, especially in facing global challenges and to be more competitive in this industry business competition.
Keywords: Conceptual Framework, Construction Industry, Construction Companies, Knowledge-based Performance Management System (KBPMS), Performance Management System.
Scope of the Article: Computer Science and Its Applications