Dynamic framework of performance assessment for startups

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Luiz Guilherme Rodrigues Antunes ◽  
Fernando Freire Vasconcelos ◽  
Camila Maria de Oliveira ◽  
Hamilton Luiz Corrêa

PurposeThe purpose of this paper is to develop a performance evaluation framework designed exclusively to look at startups' reality.Design/methodology/approachThis paper is exclusively theoretical, however, with the application of the Delphi method. For the application of this method, the framework was transformed in a questionnaire with closed- and open-ended questions, which is applied to 12 experts in this theme. A pre-test of the instrument was carried out, and the analysis was developed by sum.FindingsAs a result, the framework presents a cyclic format, encompassing the strategy, goal, modules, indicators, actions and evaluation of the performance assessment method, using a spiral format, and assigning the time variable.Research limitations/implicationsThis research contributes for the advance of performance assessment methods that consider organizations' life cycle and for the assessment of startups, for presenting an exclusive tool in this context.Practical implicationsThe results can contribute as a potential management tool with an integrative, recursive and continuous character. It has the potential to imply the behavior and capabilities of managers, given their difficulties in managing their business.Originality/valueAs originality of the work, the use of the organization life cycle stands out to compose a performance evaluation process, which has not yet been addressed in the performance literature.

2020 ◽  
Vol 120 (6) ◽  
pp. 1125-1148
Author(s):  
Chinho Lin ◽  
Yu-Wen Chiu ◽  
Wen-Chieh Chen ◽  
Shu-Fang Ting

PurposeThe aim of this article is to construct a performance evaluation framework that can be employed in companies to enhance their business operations and strengthen their financial advantage in the current environment. To validate the approach, a case example has been included to assess the practicality and validity of this approach when applied in a real environment.Design/methodology/approachThis study focuses on an important part of the strategic planning process: internal scrutiny and environmental (external) scanning, in which an evaluation of company performance is divided into two stages by using network DEA and the cross-efficiency approach. In addition, this article employs Miles and Snow's typology for classifying the strategies used by companies.FindingsThe analytical results show that the proposed framework can be useful for companies seeking to evaluate which strategies may be the most appropriate, based on Miles and Snow's typology, to effectively reallocate limited resources.Research limitations/implicationsThe evaluation in this study only uses financial data and does not take other nonfinancial indicators into consideration.Originality/valueThis research provides value by classifying each company included in the study in terms of its capability and financial efficiency according to Miles and Snow's system of strategy classification. Second, an internal and external performance measuring framework is constructed. Finally, some propositions for top management are provided by analyzing the financial advantages of using a performance evaluation framework that can help top management make decisions more objectively.


Kybernetes ◽  
2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sharfuddin Ahmed Khan ◽  
Simonov Kusi-Sarpong ◽  
Iram Naim ◽  
Hadi Badri Ahmadi ◽  
Adegboyega Oyedijo

PurposeThe purpose of paper is to develop a performance evaluation framework for manufacturing industry to evaluate overall manufacturing performance.Design/methodology/approachThe best-worst method (BWM) is used to aid in developing a performance evaluation framework for manufacturing industry to evaluate their overall performance.FindingsThe proposed BWM-based manufacturing performance evaluation framework is implemented in an Indian steel manufacturing company to evaluate their overall manufacturing performance. Operational performance of the organization is very consistent and range between 60% and 70% throughout the year. Management performance can be seen high in the 1st and 2nd quarter of the financial year ranging from 70% to 80%, whereas a slight decrease in the management performance is observed in the 3rd and 4th quarter ranging from 60% to 70%. The social stakeholder performance has a peak in first quarter ranging from 80% to 100% as at start of financial year.Originality/valueThis paper utilized BWM, a MCDM method in developing a performance evaluation index that integrates several categories of manufacturing and evaluates overall manufacturing performance. This is a novel contribution to BWM decision-making application.


Author(s):  
Ahmed Abdelsalam ◽  
Pier Luigi Ventre ◽  
Carmine Scarpitta ◽  
Andrea Mayer ◽  
Stefano Salsano ◽  
...  

2011 ◽  
Vol 121-126 ◽  
pp. 2985-2988
Author(s):  
Wei Jin Ren

This paper attempts to find out a performance evaluation method that is suitable to the entire workflow characteristics through the analysis of the Current Situation about Performance Assessment of grass-roots local tax departments with the theory of performance evaluation, which provides some suggestion for local tax authority to improve management and service level.


Kybernetes ◽  
2010 ◽  
Vol 39 (1) ◽  
pp. 37-54 ◽  
Author(s):  
He‐Yau Kang ◽  
Amy H.I. Lee

PurposeMost industries have become increasingly competitive nowadays, and a good supply chain relationship is essential for a company to survive and to acquire reasonable profit. Therefore, supplier selection is very important. The purpose of this paper is to propose a novel model for evaluating the performance of suppliers.Design/methodology/approachA supplier performance evaluation model based on analytic hierarchy process (AHP) and data envelopment analysis (DEA) is constructed. DEA is applied first to evaluate quantitative factors, and the results are transformed into pairwise comparison values for AHP analysis. Qualitative factors are also evaluated through AHP analysis, and a final ranking of suppliers can be obtained by combining the quantitative and qualitative results.FindingsThe proposed model can be applied to evaluate and select the most appropriate integrated circuit packaging company for outsourcing. With the incorporation of experts' opinions and the consideration of qualitative and quantitative factors, the model can provide a both subjective and objective supplier performance ranking.Practical implicationsThe proposed model can be tailored and applied to supplier evaluation and selection in other industries.Originality/valueAlthough many models are available for supplier evaluation, this paper considers both the subjective and objective performance characteristics simultaneously in the evaluation process.


foresight ◽  
2014 ◽  
Vol 16 (1) ◽  
pp. 75-91 ◽  
Author(s):  
Ekaterina A. Makarova ◽  
Anna Sokolova

Purpose – The aim of this paper is to identify ways for improvement of the foresight evaluation framework on the basis of analysis and systematisation of accumulated experience in the field of project management. Design/methodology/approach – The paper is based on a detailed literature review devoted to an evaluation of foresight and traditional projects. The approaches to project evaluation in the field of project management were investigated, and the main steps of traditional project evaluation process were determined. The most commonly applied steps of foresight evaluation were identified by the analysis of recent foresight evaluation projects. The comparison of evaluation frameworks for foresight projects and traditional projects allows to provide recommendations for foresight evaluation framework improvement. Findings – The paper identifies several lessons for foresight evaluation from project management. The elements which can enrich foresight evaluation framework are the following: the development of an evaluation model; the extensive use of quantitative methods; the elaboration of evaluation scales; the inclusion of economic indicators into evaluation; and the provision of more openness and transparency for evaluation results. Originality/value – Given the importance of foresight evaluation procedures and the lack of a commonly applied methodological approach, the value of this paper consists in identifying a foresight evaluation framework and enriching it with elements of project management.


2016 ◽  
Vol 15 (2) ◽  
pp. 938-950 ◽  
Author(s):  
Henrik Klessig ◽  
David Ohmann ◽  
Albrecht J. Fehske ◽  
Gerhard P. Fettweis

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