Krisnadwipayana International Journal of Management Studies
Vol 4 No 1 (2024): Krisnadwipayana International Journal of Management Studies

Utilization of Smart Technology on Performance Management in the Era of Society 5.0 : Literature Review Study

Elva Citra Sari (Postgraduate School Department of Management Faculty of Economic and Business, Universitas Sumatera Utara, Medan, Indonesia.)
Tety Novriyanti Zebua (Postgraduate School Department of Management Faculty of Economic and Business, Universitas Sumatera Utara, Medan, Indonesia.)
Muhammad Ikmal Husein Lubis (Postgraduate School Department of Management Faculty of Economic and Business, Universitas Sumatera Utara, Medan, Indonesia.)
Robert Sanjaya Sembiring (Postgraduate School Department of Management Faculty of Economic and Business, Universitas Sumatera Utara, Medan, Indonesia.)
Ritha F Dalimunthe Dalimunthe (Postgraduate School Department of Management Faculty of Economic and Business, Universitas Sumatera Utara, Medan, Indonesia.)



Article Info

Publish Date
30 Jun 2024

Abstract

The integration of intelligent technology within performance management has emerged as a significant concern in the context of Society 5.0, wherein the synergy between humans and technology is essential for generating added value and enhancing productivity. Society 5.0 underscores the necessity for collaboration between advanced technological systems and societal frameworks, thereby necessitating an adaptive, data-driven, technology-based performance management system. This article offers a comprehensive literature review regarding the implementation of intelligent technology in performance management, with particular emphasis on technologies such as artificial intelligence (AI), the Internet of Things (IoT), big data, and analytics, all aimed at improving the efficiency and effectiveness of organizational performance. Through an examination of recent scholarly works, this article delineates the factors that influence the adoption of smart technology, the challenges encountered, and the prospective advantages for human resource management and organizational objectives. The findings indicate that smart technology not only enhances the performance measurement process but also facilitates accelerated and more precise decision-making based on real-time data. Nevertheless, the successful adoption of this technology necessitates readiness in digital infrastructure, transformation of organizational culture, and the presence of qualified human resource competencies. This article seeks to provide valuable insights for academics, practitioners, and policymakers in devising strategies for the implementation of smart technology within the Society 5.0 framework to promote sustainable improvements in organizational performance.

Copyrights © 2024






Journal Info

Abbrev

kijms

Publisher

Subject

Humanities Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

The objective of this scholarly journal is to publish empirical research, theory, and concepts developed in management studies. The Comprehensive research methods including quantitative, qualitative, and mixed method research in accordance to enrich the scientific articles are welcome. The scope of ...