Company performance monitoring by objective key result (OKR), profit and loss account approach pandemic of COVID-19 era
Keywords:
Objective Key Result, Profit and Loss Account, Management StrategicAbstract
In measuring the Company's performance, recording a profit and loss account that explains all activities that occurred and assists in the decision-making process at the Top Management Level in a business strategy. In addition, the Profit and Loss Account is also a tool for measuring income and expenditures as well as OKR for How we know how much profit our business is getting on a company. This paper explains how Profit and Loss is needed for every company in running of business which will provide an overview in the form of a report on the company's profits. The role of OKR that is applied by TOP Management is to be a reference for employees at the company to find out their performance achievements.
Downloads
References
Aaker, D. A. (2005). Strategic Market Management. John Wiley & Sons ,Inc.
Adawiyah, R, Nasution, S.H.Z, (2020). The Implement of COSO Enterprise Risk Management in Banking Sector. Turkish Online Journal of Qualitative Inquiry. 11(4). 746- 754. https://tojqi.net/index.php/journal/article/view/6717
Ataman, M. B., Van Heerde, H. J., & Mela, C. F. (2010). The long-term effect of marketing strategy on brand sales. Journal of Marketing Research, 47(5), 866-882.
Bodla, B.S. and Verma, R. (2006). Determinants of Profitability of Banks in India: A Multivariate Analysis. Raijamr Publishing.
Casamitjana, E., Hämäläinen, J., & Sora, H. (2022). La méthode OKR: Objectives & Key Results: le guide pratique. De Boeck Supérieur.
Coulter, M. (2005). Strategic Management in Action. (3rd ed.). Upper Saddle River, NJ: Pearson Prentice Hall, 6-8
Ginting, S.F.B.R, Lase, R.T.M, (2020). BASEL III Pilar and Internal Capital Adequacy Assessment Process (ICAAP) : Implementing ICAAP in Indonesian Banking Sector. Turkish Online Journal of Qualitative Inquiry. 11(4). 735- 740. https://tojqi.net/index.php/journal/article/view/6715
Indonesian Institute of Accountants. (2007). Financial Accounting Standards. Jakarta: Salemba Empat.
MANTEC Advancing your manufacturing business together : How to create a strategic plan with SMART Goals.
Niven. P.R, Lamorte, B. (2016) Objectives and key results: Driving focus, alignment, and engagement with OKRs. John Wiley & Sons, 6-12
Prastowo, D, and Julianty, R. (2002). Financial Statement Analysis: Concepts and Applications. Yogyakarta: AMP YKPN.
Prayogi, W, Liska, J , Muda, I (2020). The Cognitive Relativism In Accounting Have An Impact On The Quality Of Decisions Made By Decision Makers Turkish Online Journal of Qualitative Inquiry. 11(4). 896-900. https://tojqi.net/index.php/journal/article/view/8198
Radonić, M. (2017). OKR System As The Reference For Personal And Organizational Objectives. From References To Originality, 28.
Ramachandran,N . (2013). McGraw-Hill Education . How To Read Profit & Loss Statement, 4-6.
Ritonga, R, Sinukaban, F.D, (2020). Basel Internal Control As Corporate Governance For Bank. Turkish Online Journal of Qualitative Inquiry. 11(4). 712- 717. https://tojqi.net/index.php/journal/article/view/6712
Published
How to Cite
Issue
Section
Copyright (c) 2022 International journal of health sciences

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Articles published in the International Journal of Health Sciences (IJHS) are available under Creative Commons Attribution Non-Commercial No Derivatives Licence (CC BY-NC-ND 4.0). Authors retain copyright in their work and grant IJHS right of first publication under CC BY-NC-ND 4.0. Users have the right to read, download, copy, distribute, print, search, or link to the full texts of articles in this journal, and to use them for any other lawful purpose.
Articles published in IJHS can be copied, communicated and shared in their published form for non-commercial purposes provided full attribution is given to the author and the journal. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
This copyright notice applies to articles published in IJHS volumes 4 onwards. Please read about the copyright notices for previous volumes under Journal History.








