Towards a Methodology for Performance Assessment
Choice Navigation: Towards a Methodology for Performance Assessment
Simon Haahr Storbjerg, Vestas Wind Systems – Configuration & Cost Management
Kjeld Nielsen, Aalborg University – Department of Mechanical and Manufacturing Engineering
Thomas Ditlev Brunø, Aalborg University – Department of Mechanical and Manufacturing Engineering
Simon Haahr Storbjerg
M.Sc.,Industrial PhD Student
Configuration & Cost Management
Vestas Wind Systems A/S
Industrial Research Project 2011- exp. 2015 Three-part collaboration
Research project:Agility in New Product Introduction
The Danish Agency for Science Technology and Innovation
Purpose & Agenda of Presentation
۱-Receive feedback on: relevance, approach and expected results
۲-Present results reported in paper
۳-Invite for further discussion and collaboration
Agenda
۱) Introduction
۲) Motivation for the Research Project
۳) Design of Research Project
۴) Framework for Performance Assessment
۵) Ongoing & Future Work
Introduction
Vestas Wind Systems Product Portfolio
Towards a Methodology for Performance Assessment
Organizational performance is one of the most important constructs in management research. Reviewing past studies reveals a multidimensional conceptualization of organizational performance related predominately to stakeholders, heterogeneous product market circumstances, and time. A review of the operationalization of performance highlights the limited effectiveness of commonly accepted measurement practices in tapping this multidimensionality. Addressing these findings requires researchers to (a) possess a strong theoretical rationale on the nature of performance (i.e., theory establishing which measures are appropriate to the research context) and (b) rely on strong theory as to the nature of measures (i.e., theory establishing which measures should be combined and the method for doing so). All management research on performance should explicitly address these two requirements. The authors conclude with a call for research that examines triangulation using multiple measures, longitudinal data and alternative methodological formulations as methods of appropriately aligning research contexts with the measurement of organizational performanceTowards a Methodology for Performance Assessment
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