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Management of key performance indicators by heads of higher education institutions

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Along with the opportunities that arise with the implementation of this methodology, the article considers the potential risks and problems that may accompany the administration and management of higher education in the implementation of management through a system of key performance indicators. | Management of key performance indicators by heads of higher education institutions International Journal of Management IJM Volume 11 Issue 5 May 2020 pp. 286-298 Article ID IJM_11_05_028 Available online at http www.iaeme.com ijm issues.asp JType IJM amp VType 11 amp IType 5 Journal Impact Factor 2020 10.1471 Calculated by GISI www.jifactor.com ISSN Print 0976-6502 and ISSN Online 0976-6510 DOI 10.34218 IJM.11.5.2020.028 IAEME Publication Scopus Indexed MANAGEMENT OF KEY PERFORMANCE INDICATORS BY HEADS OF HIGHER EDUCATION INSTITUTIONS Mykhailo Broshkov Odessa State Agrarian University Odessa Ukraine Olha Forostian South Ukrainian National Pedagogical University named after K. D. Ushynsky Odessa Ukraine Yaroslav Kichuk Izmail State University of Humanities Izmail Ukraine Mykola Liapa Sumy State University Sumy Ukraine Maryna Horbashevska Mariupol State University Mariupol Ukraine Yuliia Kakhiani Donbas State Pedagogical University Slavyansk Ukraine ABSTRACT New potential opportunities for heads of higher education institutions and their divisions to control and implement development management functions through a system of key performance indicators are considered. This technique used in many companies in the commercial sector is described in the text of the article and adapted to the needs and characteristics of educational institutions. Formation of the system the key performance indicators in the article are presented in terms of improving the system of management and motivation administrative and teaching staff of higher education. The methodology proposed for the application was used in practice in order to adapt and change the over- bureaucratized and inefficient management system of a private higher education institution with partial funding from the state budget. Along with the opportunities that arise with the implementation of this methodology the article considers the potential risks and problems that may http www.iaeme.com IJM index.asp 286 .

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