Performance Measurement System in Kuwait Private Sector

Abstract: This research investigates the Performance Measurement System in the private sector of Kuwait, aiming to explore its current practices, effectiveness, and challenges. Given the growing importance of efficient performance measurement for organizational success, this study examines how Kuwaiti private organizations measure, evaluate, and manage their performance across different industries. This study used a systematic review method to synthesize quantitative and qualitative studies found in the Web of Science, Scopus, ProQuest, and Google Scholar databases. The included studies covered topics related to performance measurement systems up to December 2024. The findings reveal that while many organizations have implemented PMS, the systems in place often rely heavily on traditional financial metrics and lack integration with broader strategic goals. Moreover, the study identifies a significant gap in using advanced performance measurement tools and techniques, such as balanced scorecards and data-driven decision-making. Organizational culture plays a crucial role in shaping the success of PMS, with organizations that foster a culture of transparency and collaboration showing more effective performance measurement practices. The study concludes by offering recommendations for improving the PMS in Kuwaiti private sector organizations, including aligning performance measures with strategic objectives, adopting advanced measurement tools, and creating a feedback loop for continuous improvement. This research provides valuable insights into the current state of PMS in the Kuwait private sector and offers a foundation for further exploration into how performance measurement can contribute to organizational success and competitiveness. Keywords: Performance Measurement System, Organizational Strategy, Balanced Scorecard, Kuwait Private Sector. Title: Performance Measurement System in Kuwait Private Sector Author: Mohammad Zaid AlOtaibi International Journal of Social Science and Humanities Research ISSN 2348-3156 (Print), ISSN 2348-3164 (online) Vol. 13, Issue 2, April 2025 - June 2025 Page No: 114-121 Research Publish Journals Website: www.researchpublish.com Published Date: 14-April-2025 DOI: https://doi.org/10.5281/zenodo.15210157 Paper Download Link (Source) https://www.researchpublish.com/papers/performance-measurement-system-in-kuwait-private-sector

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2025-04-14
DOI
https://doi.org/10.5281/zenodo.15210156
Primary Topic
Accounting and Organizational Management
Type
article
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article

Performance Measurement System in Kuwait Private Sector

Zenodo (CERN European Organization for Nuclear Research)
Accounting and Organizational Management
article

Performance Measurement System in Kuwait Private Sector

article en

Abstract

Abstract: This research investigates the Performance Measurement System in the private sector of Kuwait, aiming to explore its current practices, effectiveness, and challenges. Given the growing importance of efficient performance measurement for organizational success, this study examines how Kuwaiti private organizations measure, evaluate, and manage their performance across different industries. This study used a systematic review method to synthesize quantitative and qualitative studies found in the Web of Science, Scopus, ProQuest, and Google Scholar databases. The included studies covered topics related to performance measurement systems up to December 2024. The findings reveal that while many organizations have implemented PMS, the systems in place often rely heavily on traditional financial metrics and lack integration with broader strategic goals. Moreover, the study identifies a significant gap in using advanced performance measurement tools and techniques, such as balanced scorecards and data-driven decision-making. Organizational culture plays a crucial role in shaping the success of PMS, with organizations that foster a culture of transparency and collaboration showing more effective performance measurement practices. The study concludes by offering recommendations for improving the PMS in Kuwaiti private sector organizations, including aligning performance measures with strategic objectives, adopting advanced measurement tools, and creating a feedback loop for continuous improvement. This research provides valuable insights into the current state of PMS in the Kuwait private sector and offers a foundation for further exploration into how performance measurement can contribute to organizational success and competitiveness. Keywords: Performance Measurement System, Organizational Strategy, Balanced Scorecard, Kuwait Private Sector. Title: Performance Measurement System in Kuwait Private Sector Author: Mohammad Zaid AlOtaibi International Journal of Social Science and Humanities Research ISSN 2348-3156 (Print), ISSN 2348-3164 (online) Vol. 13, Issue 2, April 2025 - June 2025 Page No: 114-121 Research Publish Journals Website: www.researchpublish.com Published Date: 14-April-2025 DOI: https://doi.org/10.5281/zenodo.15210157 Paper Download Link (Source) https://www.researchpublish.com/papers/performance-measurement-system-in-kuwait-private-sector

Zenodo (CERN European Organization for Nuclear Research)
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Accounting and Organizational Management
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