Organizational Performance Evaluation: A Bifocal Approach Integrating Objective and Subjective Parameters
DOI:
https://doi.org/10.54536/jebs.v2i1.6750Keywords:
Adaptive Management, Bifocal Performance Evaluation, Critical Realism, Future Business, Key Performance Indicators (Kpis), Mixed-Methods, Organizational Learning, Performance Measurement Systems, Stakeholder Engagement, Strategic AlignmentAbstract
This article proposes a bifocal framework for organizational performance evaluation that integrates objective quantitative metrics with subjective qualitative insights to deliver a comprehensive, context-sensitive assessment. Traditional performance measurement systems often privilege financial and operational indicators, which, while essential, inadequately capture the complexity of organizational dynamics. Conversely, subjective evaluations provide rich contextual understanding but may lack consistency and comparability. The bifocal approach addresses these limitations by combining empirical data with experiential perspectives, enabling a more nuanced understanding of organizational effectiveness. Grounded in a critical realist epistemology and employing a mixed-methods design, the framework facilitates triangulation, enhances validity, and supports strategic alignment. It emphasizes the deliberate selection and integration of Key Performance Indicators (KPIs) that reflect both tangible outcomes and intangible drivers such as leadership, culture, and stakeholder engagement. The model incorporates feedback loops and continuous learning mechanisms, fostering adaptability, innovation, and long-term sustainability. Theoretically, this approach challenges mechanistic paradigms by positioning performance measurement as both a technical and social process. Practically, it offers actionable insights for aligning individual and organizational goals, enhancing decision-making, and cultivating a culture of accountability and development. The bifocal framework is particularly relevant in dynamic, multi-stakeholder environments where agility, inclusivity, and strategic coherence are critical. It contributes to the evolving discourse on performance management by offering a holistic, adaptive, and stakeholder-responsive model suited to the complexities of contemporary business ecosystems.
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