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Strategic performance management in practice: advantages, disadvantages and reasons for use

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  • Kourtit, K.

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

  • Waal, A. de

Abstract

Despite the fact that in recent years strategic performance management (SPM) has attracted much research interest, the question remains whether it has brought added value to organizations. This paper tries to identify the advantages, disadvantages and reasons for use of SPM which organizations have experienced in practice. Based on literature research and interviews at seventeen prominent Dutch organizations, four main advantages, two main disadvantages and two main reasons for use were discovered. With the research results, management can convince organizational members that SPM is indeed beneficial for the organization.

Suggested Citation

  • Kourtit, K. & Waal, A. de, 2009. "Strategic performance management in practice: advantages, disadvantages and reasons for use," Serie Research Memoranda 0019, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
  • Handle: RePEc:vua:wpaper:2009-19
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    File URL: http://degree.ubvu.vu.nl/repec/vua/wpaper/pdf/20090019.pdf
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    References listed on IDEAS

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    1. Mooraj, Stella & Oyon, Daniel & Hostettler, Didier, 1999. "The balanced scorecard: a necessary good or an unnecessary evil?," European Management Journal, Elsevier, vol. 17(5), pages 481-491, October.
    2. Kald, Magnus & Nilsson, Fredrik, 2000. "Performance measurement at Nordic companies," European Management Journal, Elsevier, vol. 18(1), pages 113-127, February.
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Literature based characteristics of high performing organizations – a review
      by Timur_PhD in Business performance management research for high performance organizations on 2010-05-19 11:49:44
    2. Literature based characteristics of high performing organizations – a review
      by Timur_PhD in Business performance management research for high performance organizations on 2010-05-19 11:49:44

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    Cited by:

    1. Karima Kourtit & Daniel Arribas-Bel & Peter Nijkamp, 2013. "High Performance in Complex Spatial Systems: A Self-Organizing Mapping Approach with Reference to The Netherlands," Tinbergen Institute Discussion Papers 13-194/VIII, Tinbergen Institute.
    2. Waal, A. de & Nijkamp, P. & Kourtit, K., 2009. "The relationship between the level of completeness of a strategic performance management system and perceived advantages and disadvantages," Serie Research Memoranda 0015, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    3. Karima Kourtit & Daniel Arribas-Bel & Peter Nijkamp, 2012. "High performers in complex spatial systems: a self-organizing mapping approach with reference to The Netherlands," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 48(2), pages 501-527, April.

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