In the dynamic and volatile shipping industry, effective performance management is essential to an organization’s success. This book is a practical guide to developing a holistic and comprehensive performance measurement and management system at managerial level in shipping organizations.
Companies in the shipping industry must perform well across many facets of the organization to satisfy an array of demands and obligations arising from a complex environment of customers, partners, competitors and regulators. This book shows how companies can develop systems to effectively gauge and monitor organizational performance, including among others strategic, economic, environmental, social and operational performance. Topics covered include: tools and approaches for measuring performance; strategy and the use of the Balanced Scorecard; the mapping of shipping business strategy; the development of KPIs; cascation of company and departmental objectives and KPIs; and implementation.
This guide to performance measurement and management is an important resource for managers in the shipping and maritime transport industry, as well as those aspiring to hone their skills in the art of performance management and decision-making.
1. Introduction 2. Performance Management in Shipping 3. Developing a Performance Management System 4. Mapping Shipping Business Strategy 5. Key Performance Indicators 6. Corporate Shipping KPIs 7. Case Studies of Maritime and Shipping Companies 8. Department Performance in Shipping and Transportation 9. Implementation, Data Analytics and Shipping KPI Reporting Systems
Biography
Photis M. Panayides is Professor in Shipping and Maritime Economics at the Department of Shipping, Cyprus University of Technology. Professor Panayides served at esteemed universities globally and has authored several books and research papers in the fields of shipping, logistics and maritime economics.
"Shipping Performance Management is a valuable addition to the management literature in shipping and provides a definitive practical guide to the development of managerial shipping performance management systems."
Professor Roar Ådland, Norwegian School of Economics
