• Title/Summary/Keyword: Business Performance Measurement

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Development of Performance Measurement Model for B2B e- Marketplace using BSC (BSC를 이용한 B2B e-Marketplace 성과평가 모형 개발)

  • 박철수
    • Journal of the Korea Safety Management & Science
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    • v.5 no.4
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    • pp.229-243
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    • 2003
  • This paper suggests the process of performance measurement system development for B2B e-Marketplace using BSC (Balanced Scorecard). As the first step, main features and factors affecting performance of e-Business company and especially of B2B e-Marketplaces were derived based on the literatures. For the 2nd step, the nonnative performance measurement model for B2B e-Marketplace was suggested. Especially, the research range that the model covers is restricted to the neutral and systematic sourcing B2B e-Marketplace. And, the performance measurement model was based on BSC, for the BSC is very powerful and sound tool among all the available performance measurement systems. Also, the model was based on the AHP (Analytic Hierarchy Process) to make the model more structured, and to draw weights of performance measures from experts

The Impact of TPM Activities on the Business Performance of Small and Medium Sized Enterprises (TPM활동이 중소기업의 경영성과에 미치는 영향)

  • Lee, Jae-Sik
    • Management & Information Systems Review
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    • v.30 no.4
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    • pp.415-440
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    • 2011
  • Purposes of this paper are to find out the implementation strategy of TPM activities for SMEs through the analysis which examine the relationship between key activity factors and business performance. TPM activity has been playing a important role to strengthen the competitive power of the enterprises through the optimization of equipment management and maintenance. This study has been conducted using the data collected from 124 SMEs propelling TPM activity. By analyses of the questionnaires, empirical results shows that TPM activities has positive effect on business performance. The contribution of this study is that it provides a conceptual framework and empirical evidence of the causal relationship between key activity factors and business performance. The result of this study can be used for selection of the performance measurement indicators for target achievement in TPM activity. And it will contribute for objectivity of activity performance in case of displaying measurement indicator showing the performance of TPM activity.

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The Impact of TQM Activities cn the Business Performance of Small and Medium Sized Enterprises (중소기업의 TQM활동이 경영성과에 미치는 영향)

  • Lee, Jae-Sik
    • Management & Information Systems Review
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    • v.32 no.1
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    • pp.111-134
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    • 2013
  • Today, TQM is used as a important tool of management innovation for enterprise's competitive power. Purposes of this paper are to find out the implementation strategy of TQM activities for SMEs through the analysis which examine the relationship between key activity factors and business performance. This study has been conducted using the data collected from 116 SMEs implementing TQM activity. By analyses of the questionnaires, empirical results shows that TQM activities has positive effect on business performance. The contribution of this study is that it provides a conceptual framework and empirical evidence of the causal relationship between key activity factors and business performance. The result of this study can be used for selection of the performance measurement indicators for target achievement in TQM activity. And it will contribute for objectivity of activity performance in case of displaying measurement indicator showing the performance of TQM activity.

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An Analysis the Economic Effect on the KPI for Performance Measurement of TPM by Case study (사례를 통한 TPM 성과측정 KPI 및 경제적 효과 산출 방법)

  • Jung, Min-Hyeong;Kim, Joung-Su;Hwang, Pil-Sang;Lee, Jae-Heon;Jung, Bo-Goo;You, Ji-Ha;Oh, Sang-Young;Son, Yang-Kyoon;Suh, Yong-Seong
    • Proceedings of the KAIS Fall Conference
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    • 2011.12a
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    • pp.62-66
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    • 2011
  • TPM 활동은 도입준비 단계의 활동으로 TPM의 기본 방침 및 목표의 설정과 이를 달성하기 위한 TPM 활동성과를 측정하는 지표를 통한 성과의 정량화 등이 필요하다. 본 연구에서는 선행 연구 결과를 통해 TPM 활동의 측정 요소를 분석하고, BSC 기반의 TPM 성과 측정 방법과 정성적 성과의 정량화를 통한 지표의 경제적 효과 측정 방법을 제시하였다.

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A Comparative Analysis of Balanced Scorecard Performance Measures Based on Business Strategy (기업 전략에 따른 균형성과표 성과지표 비교분석)

  • Sohn, Myung-Ho;Kim, Jae-Gu;You, Tae-Woo;Rhim, Ho-Sun;Lee, Hee-Seok
    • Asia pacific journal of information systems
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    • v.13 no.1
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    • pp.1-22
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    • 2003
  • This study describes how the weights of performance measures varies depending on business strategy types, such as defenders, prospectors, analyzers, and reactors. A Balanced Scorecard has been widely used for measuring a corporate performance to incorporate financial and non-financial measures simultaneously. Because such performance measurements are related to the compensation and promotion of employees, research of weights of performance measures would be instrumental. Our test results demonstrate that the weights of the business performance measures differ in the four perspectives-financial, customer, internal process, and learning and growth. Furthermore, there is evidence that the weights of performance measures vary depending on business strategy. Our study results can be used for enhancing the quality of performance measurement systems.

A Study on Causal Relations among BSC Performance Measurement Indexes - Focused on the case of C University Hospital - (BSC 성과측정지표간의 인과관계에 관한 연구 - C대학병원 사례 중심으로 -)

  • Shin, Seung-Kwon
    • Korean Business Review
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    • v.20 no.2
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    • pp.119-133
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    • 2007
  • The present study purposed to examine whether BSC, a management renovation method, is as effective in university hospitals, which are non-profit institutions, as it is in profit-making corporations. In order to determine causal relations among the BSC performance measurement indexes, we analyzed a case of university hospital using a structural equation model. The results of analyzing the causal relations among the BSC performance measurement indexes were all statistically significant, and therefore the research hypotheses were all accepted. Future research needs to study causal relations among the BSC performance measurement indexes from the viewpoint of the learning of financial data, growth, internal processes, and customers.

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A Proposed Self-assessment Framework for Measuring and Benchmarking Organizational Performance

  • Pun, Kit-Fai;Ho, Karis-Ka-Yan;Sun, Hong-Yi
    • International Journal of Quality Innovation
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    • v.3 no.2
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    • pp.57-73
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    • 2002
  • Recent interests in total quality management (TQM) and business excellence (BE) had been fuelled with a range of national and regional awards. These awards are being increasingly used by organisations as part of the business improvement process and strategic benchmarking. This paper reviews the concepts and approaches of performance measurement (PM) and discusses the integration of PM with the TQM and BE philosophies. A TQM-BE-PM framework with a set of self-assessment checklists was developed. In order to complement the literature base with empirical evidence, an industry survey was conducted and a trial implementation of the framework was carried out in a leading manufacturing firm in Hong Kong. The self-assessment performance data of the fm was evaluated and then benchmarked with the industry averages obtained from the survey. This paper presents the empirical findings and discusses the applicability of the framework in measuring and benchmarking organisational performance toward continual improvement.

Integrating Balanced Scorecard and Analytic Hierarchy Process Techniques for Evaluating Corporate Performance

  • Sohn, Myung-Ho;Park, Sungbum;Lee, Heeseok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.111-115
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    • 2001
  • A good business performance measurement system is an effective tool io sustained growth in profits. Although interest in creating performance measurement models is widespread, a well-designed system is rare. To be successful in today's competitive environment, a performance measurement system should incorporate strategic success factors and contain financial and non-financial measuring index to carry out strategic management. In the 1990s, Kaplan & Norton introduced a concept called the Balanced Scorecard. The Balanced Scorecard supplements traditional financial measures with criteria that measured performance from three additional perspectives - those perspectives of customers, internal business processes, and learning and growth. This paper presents five measuring index criteria for each perspective. To calculate the relative priority for These measuring index, we investigate weights investigated by interviews with management consultant. Then, AHP method is employed for calculating priority weight. Our evaluation model may be referred to as the Balanced Analytic Hierarchical Performance Model(BAHPM) in the sense that the analytic hierarchical scheme, along with the AHP, is applied. The BAHPM is the first kind of analytical model to cover a wide variety of measures. In comparison with previous evaluation models, our model shows strengths in structural flexibility, ease of incorporating feedback, group evaluation capacity, participation promotion, sensitivity analysis, and computational simplicity. A prototype based on the BAHPM can be applied to various industry sectors.

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Impact of Teachers' Professional Development on Students' Performance

  • Parveen, Mahwish;Ullah, Obaid;Salam, Muhammad;Zakir, Naeem
    • The Journal of Industrial Distribution & Business
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    • v.5 no.3
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    • pp.15-24
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    • 2014
  • Purpose - This study was conducted to identify the impact of teachers' professional development on students' performance. It examines the nature of association between teachers' professional development and students' performance, and analyzes how students can be affected by different factors of teachers' professional development. Research design, data, and methodology - In order to obtain the required goals, Data were randomly collected from 100 students and 45 teachers from three different institutes that are affiliated with KPK Agriculture University, Peshawar. To test the association between teachers' professional development and students' performance, the Chi-square test was applied. Gamma measurement was computed to check the direction of association. Results - The results of the study supported the statement that there exists a positive relationship between teachers' professional development and students' performance. Conclusion - Based on the findings it is surmised that, in order to create a clear learning relationship between teachers and students, management must support the teachers through peer group discussions and training opportunities, and should choose-teachers who can make students pursue the learning of subject knowledge with practical implementation.

The Effect of Salesperson's Guanxi on Sale Performance : A Comparison with Customer Orientation

  • Lee, Sang-Jin;Song, Shan-Ji;Chang, Woo-Choul;Kim, Kun-Bae
    • International Journal of Advanced Culture Technology
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    • v.9 no.3
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    • pp.92-99
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    • 2021
  • In this research, it was investigated the competence of Korean salesmen in the insurance business(B2C, consumer goods marketing) and information communication industry(B2B, industrial goods marketing) at the individual level rather than the organizational level. The salesperson's Guanxi ability means the salesperson's ability to create, maintain, develop the Guanxi ability. Namely, it was investigated whether the Korean salesman's Guanxi ability is the effective and persuasive concept in explaining the sales performance(company performance, business performance). The purpose of this paper was to verify which variables, among Guanxi ability and customer orientation, better explain the sales performance of salespeople. The Western concept of marketing that is closest to Guanxi is the concept of the customer-orientation that is based on the theory of relationship exchange. Confucian culture in the East is the construct concept, Guanxi is the measurement. The relational exchange theory in the West is the construct concept, customer orientation is the measurement. As the result of the analysis, we found that the Guanxi proved a greater correlation with sales performance than customer orientation. In the information technology industry, there was a big difference compared to insurance industry, whereas Guanxi and customer orientation had a similar level of correlation with sales performance. In the case of the insurance industry, we found that the Guanxi and sales performance were significant but the customer orientation and sales performance were not. This means that sales performance can be accurately and sufficiently explained only by adding the Guanxi ability in addition to customer orientation. The result of analyzing the mediating effect of the Guanxi ability between customer orientation and company performance, customer orientation was significant with Guanxi, and customer orientation and company performance were also significant. But, when the Guanxi was used as the parameter, the Guanxi was significant with company performance, but the customer orientation was not. Even when the dependent variable was business performance, when the Guanxi was used as the parameter, we found that the Guanxi was significant with the business performance, but the customer orientation was not. Namely, it proved Guanxi ability and customer orientation are completely independent concepts. In addition, we found that the information technology industry, unlike the insurance industry, mediated the Guanxi ability between customer orientation and sales performance. We confirmed that in the future, salespeople should not only rely on rational methods to maintain and reinforce customer relationships, but must consider the emotional factors through empathy with customers.