Indicators for performance measurement in small and medium-sized enterprises

Authors
Hvolby, HH Thorstenson, A
Citation
Hh. Hvolby et A. Thorstenson, Indicators for performance measurement in small and medium-sized enterprises, P I MEC E B, 215(8), 2001, pp. 1143-1146
Citations number
14
Categorie Soggetti
Engineering Management /General
Journal title
PROCEEDINGS OF THE INSTITUTION OF MECHANICAL ENGINEERS PART B-JOURNAL OF ENGINEERING MANUFACTURE
ISSN journal
09544054 → ACNP
Volume
215
Issue
8
Year of publication
2001
Pages
1143 - 1146
Database
ISI
SICI code
0954-4054(2001)215:8<1143:IFPMIS>2.0.ZU;2-U
Abstract
In small and medium-sized enterprises (SMEs), resources and knowledge bases are usually strongly restricted. Therefore, it is of particular importance for these companies to be able to select and utilize only the most critica l performance indicators. This could point towards a focused approach to pe rformance measurement such as, for example, advocated in quick response man ufacturing (QRM). Results from a recently conducted empirical survey of SME s in northern Denmark are used to illustrate the present focus of performan ce measurement in these companies.