A Driver-Based Approach to Airport Valuation

2010 ◽  
Vol 1 (1) ◽  
pp. 20-47 ◽  
Author(s):  
Hans-Arthur Vogel ◽  
Anne Graham
Keyword(s):  
Stock Market ◽  
Performance Indicators ◽  
Success Factors ◽  
Peer Group ◽  
Group Analysis ◽  
Key Performance Indicators ◽  
Key Success Factors ◽  
Alternative Concept ◽  
Financial Position ◽  
True Value

This paper presents the first part of results of extensive research on an alternative concept to airport valuation. It reviews raditional and alternative valuation measures, illustrated by a sample of eight publicly quoted European airports. The main objective is to derive a model taking account of the underlying key value drivers.A peer group analysis shows that only few sector multiples applied by the investors’ community are significantly correlated with key performance indicators based on business fundamentals. By contrast to the results of this alternative driver-based valuation approach, these market multiples are affected by stock market fluctuations and do not adequately reflect the financial position and true value, and hence supports this paper’s view that airports should be valued by recognising key success factors.

scholarly journals STRATEGIC PLANNING OF SHOPPING CENTRE ACTIVITIES BASED ON KPI

2021 ◽  
Author(s):  
Inna Koblianska ◽  
Nataliia Stoyanets
Keyword(s):  
Strategic Planning ◽  
Performance Indicators ◽  
Success Factors ◽  
Business Processes ◽  
Planning Process ◽  
Key Performance Indicators ◽  
Operating Costs ◽  
Shopping Center ◽  
Complex Object ◽  
Efficiency Indicators

Trade is one of the most intensive growing industries in Ukraine. This necessitates the study and deepening of the methodological foundations of strategic management of enterprises in this industry using modern tools, in particular, key performance indicators. The purpose of this article is to characterize the main business processes and to develop key performance indicators that can form the basis for strategic planning of the shopping center. There is suggested that the overall efficiency of the mall depends on a set of success factors: space, administration, and marketing. In view of this, focusing only on marketing aspects is not sufficient, when determining the key performance indicators for the shopping center; other parameters of the mall’s activities need to be reflected in the strategic plan too (through the relevant goals and indicators): production and operational, administrative. There is proposed a system of Key Performance Indicators to measure the activity of the mall as a complex object: results, cost, functioning, and efficiency indicators. The group of indicators measuring results includes the following KPIs: revenue, profit, use of the area of the mall. Cost KPI group embraces operating and capital expenditures. The group of functioning indicators involves the following KPIs: the number of visitors for the period, the share of permanent leasers, the share of leasers who terminated the lease agreement for the last year, the share of visitors who positively assess mall’s services, and the share of vacant space. The group of efficiency indicators includes the following KPIs: operating costs per unit of area, operating costs per 1000 visitors, profit per unit of area, rental rate. The proposed integral KPIs for the mall as a complex can be transformed into a system of indicators at the level of individual business processes (production and operation, administration, marketing), certain departments, and positions. Use of these indicators allows both to improve the quality of the mall’s strategic planning process and to form an appropriate informational basis for further control.

scholarly journals Comprehensive Success Evaluation Framework for Socio-Natural Disaster Recovery Projects

Buildings ◽  
2021 ◽  
Vol 11 (12) ◽  
pp. 647
Author(s):  
Homa Bahmani ◽  
Wei Zhang
Keyword(s):  
Natural Disaster ◽  
Performance Indicators ◽  
Disaster Recovery ◽  
Critical Success Factors ◽  
Success Factors ◽  
Key Performance Indicators ◽  
Evaluation Framework ◽  
Critical Success ◽  
Wide Range ◽  
Success Evaluation

There is an ample amount of studies attempting to evaluate the success of recovery projects. However, they mostly focused on unilateral success indicators and ignored the continual lifespan and various stakeholders. This study has focused on addressing these obstacles by proposing a comprehensive success evaluation framework for recovery projects following socio-natural disasters through identifying the success dimensions and their effectual parameters. Triangulation of the results of quantitative and qualitative methods and the logic of qualitative comparative analysis were used to answer the research questions. System thinking and the concept of resiliency and sustainability, known as key performance indicators, structured the success measurements. The effectual elements on the success, critical success factors, were grouped according to the continuous life-cycle of these projects. Finally, the framework for success evaluation of socio-natural disaster recovery projects illustrates interactions among the deducted critical success factors and key performance indicators. The proposed framework may serve as more efficient guidelines to set and follow the recovery goals, comprehensively considering a wide range of stakeholders and long-term recovery. The results of this study can be subject to further research by using different methods to enhance the comprehensivity of the framework. The authors will conduct further research to verify the suggested framework by implementing case studies.

MODELING CONSTRUCTION ORGANIZATION PERFORMANCE IN POST-CONFLICT ENVIRONMENT

2019 ◽  
Vol 6 (1) ◽  
Author(s):  
Qais Amarkhil ◽  
Emad Elwakil
Keyword(s):  
Performance Indicators ◽  
Critical Success Factors ◽  
Success Factors ◽  
Key Performance Indicators ◽  
Organization Performance ◽  
Environment Factors ◽  
Critical Success ◽  
Post Conflict ◽  
Construction Organization ◽  
The Impact

In the field of the construction industry, research work has widely focused on identifying Key performance indicators and critical success factors without assessing the impact of conflict environment factors. This study focusses on the impact of post-conflict environment factors on local construction organization performance. This paper presents a framework for improving construction organization performance in a post-conflict environment. The proposed framework consists of four stages: identify post-conflict environment impacting factors, determine critical success factors (CSFs), determine key performance indicators (KPIs), and adopt the best strategy to improve performance. Analytical hierarchy process (AHP) and multiple linear regression (MLR) modeling has been used to analyze quantitative and qualitative variables obtained from the literature and expert opinion through comprehensive literature search, meetings, and survey to determine critical success factors and to identify performance improvement strategy. The study finding suggests that twenty factors from the questioner have a critical impact on the identified five performance measures. The presented CSFs helps the organization management team to consider the impact of these factors on their firm and to formulate a competitive strategy in a post-conflict environment.

Key Success Factors of Organizational Success: A Study of MULA Car International

2020 ◽  
Vol 3 (2) ◽  
pp. 46-56
Author(s):  
Muhammad Ashraff ◽  
Daisy Mui Hung Kee ◽  
Roshini A/P Subramaniam ◽  
Nur Hazimah ◽  
Nur Aina Syafiqah
Keyword(s):  
Success Factors ◽  
Organizational Success ◽  
Key Success Factors

Optimalisasi Key Performance Indicators (KPI) Melalui Pendekatan Balance Scorecard Upaya Mengimplementasikan Performance Management System (PMS) Pada Perguruan Tinggi

CCIT Journal ◽  
2012 ◽  
Vol 6 (1) ◽  
pp. 17-34
Author(s):  
Untung Rahardja ◽  
Muhamad Yusup Eva ◽  
Rosyifa Rosyifa
Keyword(s):  
Performance Indicators ◽  
Management System ◽  
Educational Institution ◽  
Key Performance Indicators ◽  
Individual Performance ◽  
The State ◽  
Public Institution ◽  
Performance Measurement System ◽  
Educational Institutions ◽  
Successful Implementation

SQL Server Reporting Services is a way to analyze data, create reports using the indicators and gauges. Indicators are minimal gauges that convey the state of a single data value at a glance, and most are used to represent the state of Key Performance Indicators. Manage and harmonize the performance of an institution's educational institutions, especially universities with the performance of individuals or resources, no doubt is one of the essential elements for the success of an entity of the institution. Integrate the performance of an educational institution with individual performance is not an easy process, and therefore required a systematic approach to manage it. Implementation of a strategic management system based Balanced Scorecard can be used as a performance measurement system that will continuously monitor the successful implementation of the strategy of any public educational institution and measure the performance of its resources in a comprehensive and balanced, not the quantity but the emphasis is more concerned with the quality, so the performance of educational institutions at any time can be known clearly. Contribution of Key Performance Indicators to manage and harmonize the performance of any public institution is a solution in providing information to realize the extent of work that has set targets, identify and monitor measures of success, of course, with performance indicators show a clear, specific and measurable.

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