The link between the performance measures and competitive strategies: the strategic performance modeling and measuring index

Author

Okudan, Gul E. ; Murray, Susan

Author_Institution

Fac. of Bus. Adm., Gebze Inst. of Technol., Kocaeli, Turkey

Volume

1

fYear

1999

fDate

1999

Abstract

One of the mistakes for a company is to use the wrong set of performance measures for managing and evaluating its value-chain activities while aiming to gain a competitive advantage with a predetermined strategy. The losses due to this mistake may increase under the market conditions of increased uncertainty and rapid change. This study reviews the link between the competitive strategy, production and operations management and performance measures, and proposes the strategic performance modeling and measurement index (SPMMI) for agile competitors as a tool to effectively manage their value-chain activities

Keywords

commerce; investment; management; production; strategic planning; value engineering; agile competitors; competitive strategies; market conditions; operations management; performance measures; production management; rapid change; strategic performance measuring index; strategic performance modeling; uncertainty; value-chain activities; Companies; Gain measurement; Investments; Particle measurements; Performance gain; Production; Research and development management; Resource management; Technology management; Time measurement;

fLanguage

English

Publisher

ieee

Conference_Titel

Management of Engineering and Technology, 1999. Technology and Innovation Management. PICMET '99. Portland International Conference on

Conference_Location

Portland, OR

Print_ISBN

1-890843-02-4

Type

conf

DOI

10.1109/PICMET.1999.807701

Filename

807701