Methodology for assessing the executives’ performance ensuring the healthcare companies sustainable development

Ural State University of Economics, 8 Marta Str., 62, 620144 Yekaterinburg, Russia

^* Corresponding author: i.a.koulkova@mail.ru

Abstract

The article presents the methodological tools for the evaluation the executives’ performance ensuring the companies’ sustainable development: the essence and the quantitative assessment concept of the organizational leaders’ performance; the performance conceptual apparatus features and assessment. The performance evaluation concept is proposed on the basis of various management theories combining, taking into account the stage of the organization’s life cycle. The performance evaluation stages are shown in five blocks. An indicative approach is used to assess performance, it is quantified as an indicator which integrates particular performance indicators that characterize the goals achievement for the main managing parameters (finance, patient relations, business processes, staff training and growth, and corporate management). The indicative approach features to the integrated commercial organization heads performance assessment are shown using commercial healthcare company as an example. The lifecycle stage is reflected by modification the number, composition, weights and standards value of assessment indicators. The necessity of BSC building is justified as a reflection of the social orientation and the profit generation sustainable development for the medical organization.