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Perspective Paper – An Index for Key Performance Indicators (KPIs): A Lens to Probe the Performance Drivers of Research in Commercial Agriculture

Authors :
Prabath Chaminda Abeysiriwardana
Source :
Colombo Business Journal, Vol 13, Iss 2, Pp 109-135 (2022)
Publication Year :
2022
Publisher :
Faculty of Management & Finance, University of Colombo, 2022.

Abstract

Research work carried out in any institution could be meaningfully administered, and the outputs generated rendered more rewarding for its key stakeholders, if a set of critical success factors (CSFs) are outlined ex-ante. When CSFs are neither clearly identified nor practised in a vital sector such as commercial agriculture, difficulties arise with timely monitoring and evaluation, and tallying the achievements with intended Sustainable Development Goals (SDGs) – particularly the goal of ‘zero hunger’. This article proposes a Key Performance Index (KPI index) that takes into account CSFs that would aid in evaluating the success of research linked with commercial agriculture development. How such an index is used to facilitate monitoring of scarce resource utilisation and internal processes of research institutes, and thereby support evidence-based decision-making to sustain a conducive research culture is explored with a special focus on underutilised performance drivers (e.g., societal development and environmental sustainability) in line with agriculture research.

Details

Language :
English
ISSN :
1800363X and 25792210
Volume :
13
Issue :
2
Database :
Directory of Open Access Journals
Journal :
Colombo Business Journal
Publication Type :
Academic Journal
Accession number :
edsdoj.2d64904c531142be957e6830f3cfdecc
Document Type :
article
Full Text :
https://doi.org/10.4038/cbj.v13i2.126