KPI-monitoring for university’s performance improvement

Economic Annals-ХХI: Volume 163, Issue 1-2, Pages: 71-74

Citation information:
Polozhentseva, Yu., & Klevtsova, M. (2017). KPI-monitoring for university’s performance improvement. Economic Annals-XXI, 163(1-2), 71-74. doi: https://doi.org/10.21003/ea.V163-15

Yulia Polozhentseva
PhD (Economics),
Associate Professor,
Department of Regional Economics and Management,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russia
polojenceva84@mail.ru
ORCID ID: http://orcid.org/0000-0002-8296-0878

Maria Klevtsova
PhD (Economics),
Associate Professor,
Department of Regional Economics and Management,
Southwest State University
94, 50 Let Oktyabrya Str., Kursk, 305040, Russia
klevtsovam@mail.ru
ORCID ID: http://orcid.org/0000-0003-0188-2263

KPI-monitoring for university’s performance improvement

Abstract. Approaches based on KPI-monitoring are used by commercial entities worldwide. However, such an approach is new and insufficiently developed for universities. Specific features of their functioning necessitate not just assessment of their economic efficiency but also consideration of special aspects of higher education. Therefore, studying the issues of university performance monitoring based on the development of a system of indicators is challenging in terms of encouraging rapid international development of «smart economy». The article contains analysis of universities’ global rankings based on the selection of indicators of KPI-monitoring system to show development of university competitive strengths related to countries’ economic development.

Keywords: KPI-monitoring; Efficiency; University Potential; University Performance; Indicators; KPI of Universities; Global University Ranking; Educational System; Japan; USA; Canada; Great Britain

JEL Сlassіfіcatіon: I21; I25; F43

Acknowledgment. This paper is an output of the scientific project within the governmental task of the Ministry of Education and Science of the Russian Federation No. 26.3546.2017/RSN «Development fundamentals of analysis and prediction of structural and dynamic parameters of the regional economy based at integration of the Russian and world experience of territorial development management and modern scientific doctrines».

DOI: https://doi.org/10.21003/ea.V163-15

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Received 5.11.2016