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Adaptation of a Business Performance Measurement System for Malaysian Smaller Enterprises

Sorooshian, Shahryar (2017) Adaptation of a Business Performance Measurement System for Malaysian Smaller Enterprises. Quality - Access to Success, 18 (157). pp. 124-131. ISSN 1582-2559

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Abstract

This research was conducted to test the validity of the new performance measurement system, Engine For Smaller Enterprise (E4SE) model to recommend its implementation in small project based companies in the Malaysian SME industry. E4SE model evaluates an enterprise internally and externally through different aspects such as management level, level of competitors or rivals to develop future strategic plan in order to sustain the business survival. E4SE is comprised of three main elements: Strategy Formulation Activities (SFA), Strategy Administration Activities (SAA) and Performance. Survey questionnaires were distributed to the management cadre or the company’s owner-manager of the company respectively. A total sample of 49 samples was used in this study. Research objective had been achieved through the data analysis finalized by using Microsoft Excel. The results of this study shows that Malaysian small project based SME companies are suitable to implement the modified E4SE. It’s proven that the implementations of E4SE model in the SMEs do not only increase the potential of the company, but also raise the awareness of the performance measurement system implementation in an organization.

Item Type: Article
Uncontrolled Keywords: performance, measurement system, small companies
Subjects: A General Works > AI Indexes (General)
Faculty/Division: Faculty of Industrial Management
Depositing User: Dr. Shahryar Sorooshian
Date Deposited: 22 Feb 2018 02:43
Last Modified: 22 Feb 2018 02:43
URI: http://umpir.ump.edu.my/id/eprint/19783
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