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...

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Detalles Bibliográficos
Autores: Grifell i Tatjé, Emili, Marquès i Gou, Pilar
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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spelling 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
language_invalid_str_mv Inglés
dc.rights.none.fl_str_mv Tots els drets reservats
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Tots els drets reservats
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv 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)
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instname_str Varias* (Consorci de Biblioteques Universitáries de Catalunya, Centre de Serveis Científics i Acadèmics de Catalunya)
reponame_str Recercat. Dipósit de la Recerca de Catalunya
collection Recercat. Dipósit de la Recerca de Catalunya
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