Performance Management Framework for Circular Economy Strategies

Abstract

The existing literature emphasizes the importance of performance management as a vital component for increasing any company's competitive advantage. Companies can base their performance management on a variety of tools. In today's circular economy, managing companies’ performance in terms of not just financial but also environmental concerns has become a strategic decision. Indeed, the study directions on performance management for circular economy strategies are diverse and quite scattered. This paper aims to propose a performance management framework under the balanced scorecard approach to be considered for the circular economy strategies implementation. A bibliometric approach was used to reveal the main directions of previous studies in performance management and circular economy strategies. Results revealed that the indicators of performance management under the balanced scorecard approach to be considered for the circular economy strategies implementation are various.