How can I get measurement scale of SMEs Business Performance?
Please help me to get the measurement scale of SMEs Business Performance.
SME are actually Small, Medium Enteprises and has got huge difference in pattern of entrepreneurship as well as Capex and Budget. Therefore, their Business performance is needed to be built with respect to the country and region may be. In India, this is the most urorganised sector, therefore data is not standard everywhere. Better to frame questionnaire based upon experience, test and use in final study.
The major issue regarding the strategic positioning that a firm needs to adopt is
how an SME, which does not have access to major economies of scale, could
compete with those who do. The answer resides in two very critical qualities
that the cost infrastructure of a successful SME strategy should possess:
modularity and scalability. Modularity means that we are able to operate
extremely effectively with small quantities, which implies that we do not need
large economies of scale to be productive. Scalability means that we can expand
the volume of our operations by reproducing the same successful modular
format, while maintaining our cost-effectiveness without constraining our
possible growth.
Dear Abu Shams,
Following my paper in http://www.ejournals.ph/index.php?journal=BER&page=article&op=view&path%5B%5D=10186&path%5B%5D=10513
See page 82.
Thanks
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Sales during last five years compared to competitor.
Net profit during the last five years compared to competitor. etc...
Take a look at that model for measuring scalability in terms of innovations. At least you might use the methodology for developing such a solution for your purposes.
Article Company Innovative Leadership Model
Business performance can be measured with financial and non-financial indicators. This paperes measures it in that way. Hope that helps.
Can any one provide me solution for getting the measuring items of SMEs performence
Two types of performance measurement, namely objective measure (financial) and subjective measure (perceptual). Whilst both measures have advantages, objective measure is more difficult to get and often not real. SMEs tend not to reveal their financial report for the reasons of such as confidentiality etc.
I concur, that one would have to ensure that an appropriate education is provided. That can be achieved through a community of practice. Educators have various approaches to assessing how an individual acquires knowledge and retains that knowledge. Action research is a great opportunity to determine the immediate needs of a learning organization, then identify a solution for implementation.
This is how I measured SMEs within a business sector using The Company Innovative Leadership model. The focus of the model is innovativeness.
Article Measuring the Bulgarian IT Sector Innovations Capabilities T...
Principal Components Factor Analysis - Varimax rotation Factors indicating to the Performance of Small Scale Industries can be used. A SWOT/PEST analysis, Porters Five forces analysis are among the various tools available
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