Role of Peripheral Analysis Methods in Adoption of Successful KPIs for a Research Institute Working Towards Commercial Agriculture

Abstract

The outcome of the performance measurement would be more convergent at decision making if KPIs are tightly bound with organization culture along with organizational design. Peripheral analysis methodologies which are taken into the lens before the performance management have a major role in understanding the organizational culture and dynamism behind the organizational design to identify strengths, weaknesses, and opportunities in a research institute's work for commercial agriculture development. The lack of a proper analyzing system to understand the critical success factors of a research institute towards innovative commercial agriculture has hampered the establishment of a good performance management system in research institutes towards this end. In this context, we highlight the most important avenues that could significantly improve the quality of performance, if used properly in the management of a research institute's work for commercial agriculture. How those management practices and tools could be streamlined by introducing new guidelines and policies in organization design have been elaborated. Further, it will provide an in-depth review of the most suitable peripheral analysis methodologies in place of the proposed structured procedure, to facilitate the selection process of obtaining an optimized KPI set. This KPI set, placed properly in the organization design, will direct performance drivers of a research institute to be on par with the competitiveness of the agriculture industry of a country.

Role of key performance indicators targeting the research on business innovation in the commercial agri-food sector

“…Thus, KPI is a more powerful tool than previously thought and can be utilized to understand the core business of research institutes and the performance drivers associated with them and then facilitate the decision-making of the research institutes to develop a healthier CA development agenda for a country such as Sri Lanka (Abeysiriwardana & Jayasinghe-Mudalige, 2021). It is expected that the KPI could also emphasize extra strategies that could make research more sustainable in its existence.…”

Intelligently driven performance management: an enabler of real-time research forecasting for innovative commercial agriculture

“…Thus, the measurement of research performance should be strategically managed by considering all of these factors while critical indicators and their targets should be restructured and logically networked by following proper analysis (Abeysiriwardana and Jayasinghe-Mudalige 2021 ) to facilitate proper information exchange among indicators as well against these requirements.…”

Role of key performance indicators on agile transformation of performance management in research institutes towards innovative commercial agriculture

“…The development of a SMARTer KPI set in the association of the above performance drivers could be initiated for research institutes to work towards commercial agriculture by giving due considerations to R&D and S&T components using a five step process (Figure 2) that is adapted from the seven (7) step process proposed by (Rachad, 2014). This should be done at a particular stage where the KPI set is expected to be enabled properly in the organization design of the research institute by a well-structured procedure that is established by the research institute to make that KPI set vigours in its lifetime (Abeysiriwardana and Jayasinghe-Mudalige, 2021).…”