1995
DOI: 10.1108/00251749510081700
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Financial performance measurement: not a total solution

Abstract: Describes a framework for analysis which is capable of measuring the value‐adding capability of the entire manufacturing chain. This provides a means of benchmarking organizational performance irrespective of market‐related profit margin. The method of analysis provides: a measure of existing value‐adding capability; guidance for investment, constraint removal and measurement of the new state and a measure of the untapped potential available in an organization and thus benchmarking against world‐class standard… Show more

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Cited by 19 publications
(7 citation statements)
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“…Performance measurement occurred in the 1900s with the financial ratios and budget control methods applied by Dupont and General Motors, and the enterprises used these measurements for 80 years (Çetinkaya, 2007). In the 1980s, it was also necessary to take into consideration the nonfinancial criteria in addition to the financial criteria in the performance measurements of enterprises (Barker, 1995). In the 1980s and 1990s, there was an increase in the importance of performance evaluation, and in today's business world, changing market dynamics have revealed the need for market-oriented indicators, such as competitiveness, in addition to financial performance indicators in evaluating business performance (Eroğlu, 2004).…”
Section: Firm Performancementioning
confidence: 99%
“…Performance measurement occurred in the 1900s with the financial ratios and budget control methods applied by Dupont and General Motors, and the enterprises used these measurements for 80 years (Çetinkaya, 2007). In the 1980s, it was also necessary to take into consideration the nonfinancial criteria in addition to the financial criteria in the performance measurements of enterprises (Barker, 1995). In the 1980s and 1990s, there was an increase in the importance of performance evaluation, and in today's business world, changing market dynamics have revealed the need for market-oriented indicators, such as competitiveness, in addition to financial performance indicators in evaluating business performance (Eroğlu, 2004).…”
Section: Firm Performancementioning
confidence: 99%
“…While performance indicators basically explain the company's success over time, researchers have extended measures beyond just financial issues, pointing out the fundamental importance of taking into account all forms of indicators that explain an organisational capacity (Barker, 1995), such as management styles (Bititci et al, 2006), potential development of knowledge of personnel (Mardani et al, 2018), management of innovation actions (Walker et al, 2015) and trust in improvements derived from company's personnel (Brown et al, 2015).…”
Section: Entrepreneurial Orientation As a Driver Of Firms' Performancementioning
confidence: 99%
“…Dans quelle mesure l'organisation est-elle ou non rentable à cet égard ? Telle est la question de l'efficience (Barker, 1995). En général, on mesure l'efficience par le ratio résultats-moyens.…”
Section: -Le Critère De L'efficienceunclassified