Business Performance Evaluation: Approaches for Thoughtful Forecasting

2006 ◽  
Author(s):  
Michael J. Schill
Keyword(s):  
Performance Evaluation ◽  
Business Performance ◽  
Evaluation Approaches

The Complex Issue of Measuring KM Performance

2011 ◽  
pp. 208-230 ◽  
Author(s):  
Enrico Scarso ◽  
Ettore Bolisani ◽  
Antonella Padova
Keyword(s):  
Knowledge Management ◽  
Performance Evaluation ◽  
Performance Measurement ◽  
Practical Experience ◽  
Complex Issue ◽  
Daily Experience ◽  
Business Context ◽  
Evaluation Approaches ◽  
The Impact ◽  
Puzzling Problem

Most companies that are deeply investing in Knowledge Management (KM) initiatives encounter substantial difficulties in assessing the effectiveness of these programmes. Actually, measuring the impact of KM projects is still a puzzling problem both at the conceptual and operative level. However, measuring their performance is necessary for monitoring their progress and for successfully managing and allocating resources, as well as to maintain the support and commitment by the top management. Although several KM performance evaluation approaches have been proposed in literature, they are still far from becoming an established practice. The chapter aims at discussing this issue by placing it in a business context. First, the literature on KM performance evaluation is briefly reviewed, and the main methods currently used are classified. Then, the practical experience of a multinational company is discussed, with the purpose to describe the problems that practitioners face in their daily experience, and provide insights into the possible improvements of KM performance measurement.

Effect of Necessary Factors for Deploying E-Business Models on Business Performance in Automotive Industry

2013 ◽  
Vol 4 (1) ◽  
pp. 44-56 ◽  
Author(s):  
Mohsen Shafiei Nikabadi ◽  
Laya Olfat ◽  
Ahmad Jafarian ◽  
Hassan Alibabaei Khamene
Keyword(s):  
Performance Evaluation ◽  
Automotive Industry ◽  
Business Performance ◽  
Positive Relationship ◽  
Business Models ◽  
Competitive Advantages ◽  
Key Factors ◽  
Performance Effect ◽  
Confirmatory Factor ◽  
The Impact

The main goal of this article is to survey effects of necessary factors for deploying e-business models on business performance in automotive industry. Today, application of information technology and internet in business is turned to a critical tool to gain competitive advantages in business. The impact of e-businesses is so that changed competitive approach between companies from traditional to modern models. In this study, first, necessary key factors of implementing e-business in automotive industry are identified. Then different aspects of performance evaluation in automotive industry are recognized. After identifying the different aspects of e-business and business performance, effect of necessary aspects for implementing e-business on business performance are studied. Recognition of different aspects in the field of study is based on confirmatory factor analysis and then type of each determined aspects with business performance is surveyed using correlation analysis. Findings of this study shows positive relationship between necessary aspects of implementing e-business on both aspects of operational and general indexes of business performance evaluation.

scholarly journals Micro-economic analysis of firms differentiation

2012 ◽  
Vol 49 (No. 5) ◽  
pp. 217-224
Author(s):  
P. Bielik ◽  
Ľ. Gurčík ◽  
M. Rajčániová
Keyword(s):  
Performance Evaluation ◽  
Economic Analysis ◽  
Agricultural Production ◽  
Business Performance ◽  
Methodological Approach ◽  
Financial Indicators ◽  
Value Evaluation ◽  
Reform Period ◽  
Main Factor

After liberalisation established new relations in Slovak economy, it seemed that problems of agricultural companies differentiation would disappear. But the economic results of our companies confirm the existence of this problem. In the pre-reform period, agricultural production intensity was considered as a main factor of economic differentiation. Transformation of economy after 1990 changed the methodological approach to business performance evaluation. The interest was shifted towards the value evaluation comparing businesses with regard to financial indicators. These methods enable to classify enterprises into bonity classes and to set their sequence according to performance.

scholarly journals Modeling The Performance Evaluation Of Local Investment And Economic Development Corporations

2011 ◽  
Vol 5 (9) ◽  
Author(s):  
Frederic Bernard ◽  
Jean Desrochers ◽  
Denis Martel ◽  
Jacques Prefontaine
Keyword(s):  
Performance Evaluation ◽  
Venture Capital ◽  
Business Performance ◽  
Local Development ◽  
Evaluation Model ◽  
Surface Measurement ◽  
Performance Evaluation Model ◽  
Study Results ◽  
Development Objectives ◽  
Operational Aspects

The purpose of this research is to propose an overall performance evaluation model for local development companies that takes into account social, financial and operational aspects.  While there are many ways to evaluate business performance, few make it possible to take into account all the objectives of the organization. After reviewing the literature on the topic, we developed a model that uses a surface measurement to classify organizations. We then applied this model to the Société locale d’investissement et de développement d’emploi du Québec (SOLIDEQ), which itself comprises 84 SOLIDEs.  The mission of these organizations is to provide venture capital to regional companies. As an arm of a labor-sponsored venture capital corporation, the SOLIDEs must obtain a return on investment commensurate with the risk incurred, achieve local development objectives such as job creation and maintenance, and lastly, manage operations wisely given that the management committee consists of volunteers. The study results show that our model can be effectively used to measure the performance of each SOLIDE and to create a classification that takes into account all their objectives.

scholarly journals A New Integrated Fuzzy Multi-Criteria Decision Model for Performance Evaluation

2015 ◽  
Vol 1 (1) ◽  
pp. 38 ◽  
Author(s):  
Emel Kızılkaya Aydogan ◽  
Ozgur Demirtas ◽  
Metin Dagdeviren
Keyword(s):  
Performance Evaluation ◽  
Performance Indicators ◽  
Business Performance ◽  
Decision Model ◽  
Least Squares Method ◽  
Measurement Model ◽  
Analysis Method ◽  
Technology Industry ◽  
Real World Application ◽  
Proposed Model

The perspective of competition in the high technology industry has changed impressively over the last two decades and the indicators which can be defined as the traditional indicators of business performance are insufficient today. So we have identified a new set of financial and non-financial performance indicators that can be used by firms and then, we developed a business performance measurement model. There may be relations and dependencies among the dimensions of performance. For this reason, performance evaluation should be conducted in a holistic manner. In this study, a hybrid method, Equated Priority Values (EPV), has been used to reflect the outcomes of the most commonly used approaches, including the modified Fuzzy Logarithmic Least Squares Method (modified fuzzy LLSM), Chang’s Extent Analysis Method and Mikhailov’s Fuzzy Prioritization Approach. A real world application is carried out to illustrate how the model can be utilized. The application could be interpreted as demonstrating the effectiveness and feasibility of the proposed model.

scholarly journals Research on the Mechanism of the Sustainable Development Model of Enterprises Based on Big Data Analysis Model

2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Wei Zhang ◽  
Chaodan Yang ◽  
Ying Cheng ◽  
Haiying Chen ◽  
Wei Wang
Keyword(s):  
Sustainable Development ◽  
Performance Evaluation ◽  
Evaluation System ◽  
Business Performance ◽  
Evaluation Method ◽  
Comprehensive Evaluation ◽  
Fuzzy Comprehensive Evaluation ◽  
The Sustainable Development ◽  
Performance Evaluation System ◽  
Comprehensive Evaluation Method

This paper adopts the analysis method of big data to conduct an in-depth analysis and research on the sustainable development mechanism of enterprises, firstly, combing the content and methods of enterprise business performance evaluation, defining enterprise sustainable development, and exploring the integration of enterprise sustainable development and enterprise business performance evaluation by specifically analyzing from different perspectives. Then, we analyze the industry in which the enterprise is located, its business situation, and strategy, and after analyzing the current business performance evaluation system of the enterprise, we point out its problems. The current performance evaluation system is incomplete, focuses only on economic benefits, is not long term, and does not consider the company’s strategy and stakeholders’ needs, which affects its importance and feasibility. Then, the above analysis is integrated to build a performance evaluation system consisting of four dimensions, namely, economic dimension, scientific research and innovation dimension, social dimension, and ecological dimension, from the perspective of sustainable development, and a total of 29 indicators are selected. Then, the two research tools of first value method and fuzzy comprehensive evaluation method were combined, based on the panel data of enterprises from 2016 to 2020; the first value method was used to get the weights of each indicator in the business performance evaluation system. The fuzzy comprehensive evaluation method was used to get a comprehensive evaluation score of enterprise’s business performance in 2019, and then the evaluation results were analyzed in detail and suggestions were made, which confirms that enterprises are based on the sustainable development perspective. The evaluation of business performance is necessary and important. Finally, we propose supporting safeguards, such as establishing a performance evaluation team and a monitoring mechanism, dynamically improving the enterprise performance evaluation system, establishing a sustainable corporate culture, preparing and publishing a sustainable development report, and accelerating the information construction of performance evaluation.

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