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A Study On The Strategy Performance Measurement System Of Enterprise

Posted on:2005-06-09Degree:DoctorType:Dissertation
Country:ChinaCandidate:L MaFull Text:PDF
GTID:1116360152468600Subject:Management Science and Engineering
Abstract/Summary:PDF Full Text Request
In the modern economic society of high information, hi-tech and globalization, business management has already come to the era of strategic management. As an effective supervisory and administrative system, performance measurement of enterprise's operation is not merely an important mean by which enterprises carry on the self-supervision and self-discipline, but also a new management tool enterprises use to implement strategic management in the new competitive environment. With the high-speed development of the information technology, the competitive environment, institutional framework, management mode and customers' demands, etc. are all altering greatly. The traditional performance measurement system couldn't satisfy the need of business management and competitive environment in the informationize era. Thus, performance measurement system as an important part of management and control system, should adapt to the need. On the basis of digesting and assimilating the achievements of performance measurement in foreign companies, this paper integrates relevant theories and methods of economics and management, and then carries on systematic research on enterprise's strategic performance measurement related to strategic management and core competitiveness.At first, this paper discusses the theories and researches of western performance measurement. Then it sketches the course of performance measurement that changes from financial measurement to strategic appraisals. After that, it researches the practices of performance measurement in our country. And it analyzes traditional performance measurement, recent achievements, and the relationship between performance measurements and encouragement. Thus the relevant theoretical and empirical bases for the research of this thesis are established.The paper systematically analyzes three competitive thinking models. Namely the view of competitive strategy on the foundation of the industrial structure, the view of competitive advantage based on the resource, knowledge, and the innovation strategy view of value based on customers' value. It proposes the integration modes of three kinds of strategic thinking. Then it analyzes the value assessment model, and puts forward "relevant analytic approach of value". The encouraging inclusive model and the analyzed model of games based on performance measurement of principal-agent are put forward. After analyzing the existing logic of performance measurement the function in designing encouraging remuneration agreement, it sets up a comprehensive model of stakeholder, and studies the relationship between stakeholder and performances of enterprises. Finally it researches into contingent variate of performance measurement using contingent theory. Then the theories-support model of performance measurement based on above researches is given.Rapid changes of business environment, customers' demands and competition are brought about by information economic era. It's a new challenge to business management. As a result, this paper carries on research about the innovation of enterprises' management mode from the aspect of efficiency that informationization affects enterprise competitiveness. Then it proposes that enterprise informationization forms an unique competition advantage,and knowledge advantage has become preferable advantage of competition. After studying the limitation of traditional performance measurement under the uncertain competitive environment, it comes to the conclusion that the core contents of performance measurement are drawing and paying attention to strategic management, the full-time course of trends reflect, non-financial index, knowledge and intelligence capital and stakeholders' demands. There are close relationship among performance measurement system, strategic management, and management control system. Under the background of dynamic strategic management, the paper shows the key mechanism of strategy implementation of strategic performance measurement system at a unique angle of interactive managem...
Keywords/Search Tags:Performance Measurement, Strategic Management, Management Control System, Balanced Scorecard, Economic Value Added, Incentive Compensation
PDF Full Text Request
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