Measuring sustained superior performance at the firm level
This paper proposes a two-dimensional Strategic Performance Measure (SPM) to evaluate the achievement of sustained superior performance. This proposal builds primarily on the fact that, under the strategic management perspective, a firm's prevalent objective is the pursuit of sustained superior...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Fecha de publicación: | 2002 |
| País: | España |
| Institución: | Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
| Repositorio: | Recercat. Dipósit de la Recerca de Catalunya |
| OAI Identifier: | oai:recercat.cat:10256/3566 |
| Acceso en línea: | http://hdl.handle.net/10256/3566 |
| Access Level: | acceso abierto |
| Palabra clave: | Planificació estratègica Empreses -- Direcció i administració Industrial management Strategic planning |
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Measuring sustained superior performance at the firm levelGrifell i Tatjé, EmiliMarquès i Gou, PilarPlanificació estratègicaEmpreses -- Direcció i administracióIndustrial managementStrategic planningThis paper proposes a two-dimensional Strategic Performance Measure (SPM) to evaluate the achievement of sustained superior performance. This proposal builds primarily on the fact that, under the strategic management perspective, a firm's prevalent objective is the pursuit of sustained superior performance. Three basic conceptual dimensions stem from this objective: relativity, sign dependence, and dynamism. These are the foundations of the SPM, which carries out a separate evaluation of the attained superior performance and of its sustainability over time. In contrast to existing measures of performance, the SPM provides: (i) a dynamic approach by considering the progress or regress in performance over time, and (ii) a cardinal measurement of performance differences and its changes over time. The paper also proposes an axiomatic framework that a measure of strategic performance should comply with to be theoretically and managerially sound. Finally, an empirical illustration of the Spanish banking sector during 1987-1999 is herein provided by discussing some relevant caseUniversitat Autònoma de Barcelona. Departament d'Economia de l'Empresa2002info:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10256/3566http://hdl.handle.net/10256/3566© Documents de treball, 2002, núm.8, p.1-36Articles publicats (D-OGEDP)reponame:Recercat. Dipósit de la Recerca de Catalunyainstname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)InglésTots els drets reservatsinfo:eu-repo/semantics/openAccessoai:recercat.cat:10256/35662026-05-29T05:05:01Z |
| dc.title.none.fl_str_mv |
Measuring sustained superior performance at the firm level |
| title |
Measuring sustained superior performance at the firm level |
| spellingShingle |
Measuring sustained superior performance at the firm level Grifell i Tatjé, Emili Planificació estratègica Empreses -- Direcció i administració Industrial management Strategic planning |
| title_short |
Measuring sustained superior performance at the firm level |
| title_full |
Measuring sustained superior performance at the firm level |
| title_fullStr |
Measuring sustained superior performance at the firm level |
| title_full_unstemmed |
Measuring sustained superior performance at the firm level |
| title_sort |
Measuring sustained superior performance at the firm level |
| dc.creator.none.fl_str_mv |
Grifell i Tatjé, Emili Marquès i Gou, Pilar |
| author |
Grifell i Tatjé, Emili |
| author_facet |
Grifell i Tatjé, Emili Marquès i Gou, Pilar |
| author_role |
author |
| author2 |
Marquès i Gou, Pilar |
| author2_role |
author |
| dc.subject.none.fl_str_mv |
Planificació estratègica Empreses -- Direcció i administració Industrial management Strategic planning |
| topic |
Planificació estratègica Empreses -- Direcció i administració Industrial management Strategic planning |
| description |
This paper proposes a two-dimensional Strategic Performance Measure (SPM) to evaluate the achievement of sustained superior performance. This proposal builds primarily on the fact that, under the strategic management perspective, a firm's prevalent objective is the pursuit of sustained superior performance. Three basic conceptual dimensions stem from this objective: relativity, sign dependence, and dynamism. These are the foundations of the SPM, which carries out a separate evaluation of the attained superior performance and of its sustainability over time. In contrast to existing measures of performance, the SPM provides: (i) a dynamic approach by considering the progress or regress in performance over time, and (ii) a cardinal measurement of performance differences and its changes over time. The paper also proposes an axiomatic framework that a measure of strategic performance should comply with to be theoretically and managerially sound. Finally, an empirical illustration of the Spanish banking sector during 1987-1999 is herein provided by discussing some relevant case |
| publishDate |
2002 |
| dc.date.none.fl_str_mv |
2002 |
| dc.type.none.fl_str_mv |
info:eu-repo/semantics/article |
| format |
article |
| dc.identifier.none.fl_str_mv |
http://hdl.handle.net/10256/3566 http://hdl.handle.net/10256/3566 |
| url |
http://hdl.handle.net/10256/3566 |
| dc.language.none.fl_str_mv |
Inglés |
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Inglés |
| dc.rights.none.fl_str_mv |
Tots els drets reservats info:eu-repo/semantics/openAccess |
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Tots els drets reservats |
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openAccess |
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application/pdf |
| dc.publisher.none.fl_str_mv |
Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa |
| publisher.none.fl_str_mv |
Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa |
| dc.source.none.fl_str_mv |
© Documents de treball, 2002, núm.8, p.1-36 Articles publicats (D-OGEDP) reponame:Recercat. Dipósit de la Recerca de Catalunya instname:Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
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Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya) |
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Recercat. Dipósit de la Recerca de Catalunya |
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Recercat. Dipósit de la Recerca de Catalunya |
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1869424314294468608 |
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15,198674 |