Assessing Government’s Performance Management Capability: the Case of the Australian Electricity Industry

2004 ◽  
Vol 70 (1) ◽  
pp. 123-136 ◽  
Author(s):  
Judy Johnston
Keyword(s):  
Performance Management ◽  
Electricity Market ◽  
Information Needs ◽  
Private Investment ◽  
Electricity Industry ◽  
Management Information ◽  
Business Decision ◽  
Management Capability ◽  
National Electricity Market ◽  
The Impact

When governments open up opportunities for private investment in traditional public sector areas, it is increasingly clear that a useful range of performance management information needs to be available to both government and business. Government needs to know how it is performing, comparatively, within and beyond its own domain, for the development of public policy and productivity enhancement. Business needs to know, understand and monitor the industry environment in which investment is contemplated or has already taken place. Performance measurement and monitoring is especially important where governments wish to attract foreign direct investment (FDI) to their shores. Whether governments manage performance and information well or are still constrained by bureaucratic and political thinking is still at issue. Using the example of the contrived national electricity market in Australia, this article, through literature and document review, examines the likely value to government and business of performance information, now available in the public domain. First, the article considers some of the changes to the Australian electricity industry. Second, specific performance indicators relevant to the national electricity market are examined in terms of their utility for government and business decision-making. Third, the impact of the political environment on performance management information is explored. The article concludes that while some important quantitative performance management information is available in a rational sense, other more political, qualitative indicators also need to be taken into account.

scholarly journals The Impact of Management Information System on the Employees Performance Management in Sultanate of Oman Telecommunication Companies

2019 ◽  
Vol 9 (3) ◽  
Author(s):  
Said Bin Sulaiman Alhosni ◽  
Salman Mohammed Abu Lehyeh
Keyword(s):  
Information Systems ◽  
Human Resources ◽  
Performance Management ◽  
Employee Performance ◽  
Management Information Systems ◽  
Sultanate Of Oman ◽  
Management Information ◽  
Material Resources ◽  
The Impact ◽  
Telecommunications Companies

The aim of this study is to analysis the impact of MIS on its dimensions in performance management In the Sultanate of Oman. The researcher tested the hypothesis of the study using multiple regression analysis, descriptive statistics, and Several conclusions found in the study; namely: There is an impact of management information systems on managing the performance of employees as a whole in telecommunications companies in the Sultanate of Oman. There is an impact of MIS on the performance management (performance planning) on the telecommunications companies in the Sultanate of Oman. While the results indicated that the software components and networks of management information systems do not affect the employee's performance management concerning performance planning.There is an impact of information management systems (human resources, software, networks) on the employees’ performance management represented the performance audit, and follow-up in the telecommunications companies in the Sultanate of Oman. While the results indicated that the material resources, and the MIS database did not affect the employees’ performance management represented by performance review, and follow-up.There is an impact of MIS (Human Resources, material resources, Software, Database) on the performance management of performance appraisal of telecom companies. While the results indicated that the networking component of MIS did not affect the employees’ performance management represented by performance appraisal.There is an impact of MIS on employee performance management of feedback in the telecoms companies. While the results indicated that the IT component of MIS did not affect the employees’ performance management represented by feedback.

scholarly journals Using Management Information Systems (MIS) to Boost Corporate Performance

2015 ◽  
Vol 1 (11) ◽  
pp. 55-61 ◽  
Author(s):  
Al-Nakib Noofal Ahmed Mohsen Mohammed ◽  
Wang Hu
Keyword(s):  
Information System ◽  
Information Systems ◽  
Performance Management ◽  
Management Information System ◽  
Corporate Performance ◽  
Management Information Systems ◽  
Management Information ◽  
Strategic Performance ◽  
Future Events ◽  
The Impact

The study emphasizes the importance of Management information systems (MIS) for corporate performance. Prior studies have been reviewed to substantiate theories that explain how Management information systems (MIS) affect corporate performance. Management information system (MIS) is providing information that relates to possible future events, efficiency, output rates, information on the effect of various events, that relate to the impact that the employees’ decision has on the performance of other departments. Furthermore, greater management information system capability leads to a higher degree of strategic performance. These and many other factors are suggested to be critical features of MIS that have a direct impact on financial and strategic performance of companies.

Perceived Quality of Management Information and the Influence of Overspending Penalties in the NHS

1996 ◽  
Vol 9 (4) ◽  
pp. 254-261
Author(s):  
N. Marriott ◽  
H. Mellett
Keyword(s):  
Information Needs ◽  
Management Information Systems ◽  
Control Device ◽  
Management Control ◽  
Financial Information ◽  
Quality Information ◽  
Management Information ◽  
The Impact ◽  
Better Than

The information needs of managers have changed considerably since the introduction of the internal market and many NHS units have invested in new management information systems to enhance the organization's performance. The characteristics of good quality information include accuracy, timeliness and comprehension. Information for management control also benefits from participation between the provider and the user. There are behavioural implications of using information as a control device and managers must internalize the financial objectives of the organization, usually expressed in budget reports. Failure to meet targets must attract penalties that will influence the managers' behaviour. They must respond to the information provided if control is to be exercised. This paper gives the results of a study into managers' perceptions of the adequacy and usefulness of financial information and the impact of penalties for overspending. It concludes that the financial information currently provided fails to meet many of the criteria of good quality information. Any perceived penalty for failing to attain budget-related goals is better than none, and there is little distinction between an overt reprimand and the ultimate sanction of dismissal.

scholarly journals Economic and Efficiency Analysis of China Electricity Market Reform Using Computable General Equilibrium Model

2019 ◽  
Vol 11 (2) ◽  
pp. 350 ◽  
Author(s):  
Jieting Yin ◽  
Qingyou Yan ◽  
Kaijie Lei ◽  
Tomas Baležentis ◽  
Dalia Streimikiene
Keyword(s):  
General Equilibrium ◽  
Electricity Market ◽  
Computable General Equilibrium ◽  
Regulatory Reform ◽  
Electricity Industry ◽  
Competition Model ◽  
Market Reform ◽  
Energy Prices ◽  
Composite Energy ◽  
The Impact

China’s electricity industry has been undergoing a process of regulatory reform. This study aims to analyse the impact of liberalization on the electricity market assuming different degrees of scope of the reforms by applying a computable general equilibrium (CGE) model. In this paper, we consider the three sub-sectors of the electricity industry, namely generation, transmission and distribution. We assume that the reform will phase out the entry barriers on the generation side and allow for competition on the distribution side, while keeping the transmission side under regulation. The results showed that the reform could enhance efficiency in the electricity sector and reduce energy prices for households. Introduction of a complete competition model would decrease welfare by 5.394 billion yuan, if contrasted to a limited competition model. The composite energy price would decline under both scenarios, whereas the quantity of energy consumed by the households would go up. This research, thus, contributes to literature on the economic effects of China’s electric power market reform, and can be used as a case study to support policy decisions for the decision-makers.

MODERN PROBLEMS OF ACCOUNTING AND ANALYTICAL ENSURING FINANCIAL RESULTS MANAGEMENT

2020 ◽  
Author(s):  
Yuliia Peniak ◽  
◽  
Nataliia Horokhovatska ◽  
Keyword(s):  
Performance Management ◽  
Enterprise Management ◽  
Goods And Services ◽  
Financial Condition ◽  
General Evaluation ◽  
Net Profit ◽  
Business Entities ◽  
Results Management ◽  
Main Components ◽  
The Impact

The main purpose of any enterprise in the market economy is to obtain high financial results. One of the main conditions for the effective functioning of the enterprise is ability to generate profit in the amount that will create the financial basis for further development and expansion of the enterprise, comply with social and material needs, ensure competitiveness in the market of goods and services. The need for accounting and analytical management of financial results stems from needs of owners, the state and employees in information that will enable them to identify patterns and trends in financial results, identify and assess the main factors influencing the process of their creation, distribution and usage, identify reserves and thus increase the level of profitability. Despite the significant scientific contribution in the field of research of financial results of the enterprises, the issue of improvement aims to the accounting and analytical maintenance of management of financial results of the enterprise remains actual. That is why the purpose of the study is to substantiate the theoretical and practical aspects and develop approaches to improving the mechanism of formation of accounting and analytical support for the management of financial results of the enterprise. Accounting and analytical management of financial results of the enterprise is a set of interconnected elements of production and management system, activities carried out by the subject of management, creation of a certain structure, as well as collection, accumulation, storage and analysis of information necessary for effective operation of the enterprise. The main components of the study of accounting and analytical support of financial performance management are the formation of methods of analysis, control and forecasting of financial results, which requires specification of the components of the analytical and controlled process within the organizational and information model. Namely, the formation of reliable information about the financial condition of the enterprise, the analysis of economic indicators of the enterprise is of great importance in the system of general evaluation of business entities. Their research makes it possible to assess the dynamics of the structure of income and expenses, to determine the impact of factors on the company's profit from various activities, as well as to find reserves to increase the net profit of enterprises. Thus, the improvement of accounting and analytical support of enterprise management is based on the use of modern forms, methods and principles that place new demands on the formation of unbiased, complete, timely, clear and useful accounting and analytical information about the enterprise and its financial results.

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