MBP Adjusted Efficiency Measurements: Value for Managers

    Onderzoeksoutput: Bijdrage aan congresC3: Congres - Meeting abstract

    Uittreksel

    Although frontier analysis literature abounds, relatively few papers are found on the practical use in benchmarking efforts by managers. We investigate why frontier-analysis-based benchmarking insufficiently find its way into practice and explore possibilities for an increased use by managers. We confront benchmarking and efficiency literature, two branches that evolved rather separately. Benchmarking literature describes multiple benchmarking steps, from determining what to benchmark to implementing improvement actions. Determinants of managers’ willingness to benchmark include benchmarking relevance, required managerial skills, resources and time. In efficiency literature, multiple efforts have been undertaken to select more relevant targets. However, frontier analysis is rarely linked to the identification of actual improvement actions and to managerial skills, resources and time required for benchmarking. We argue that interactive settings and intermediaries are preconditions for establishing these links. They provide a learning effect for managers, facilitating the identification of relevant targets (e.g. based on individual preference information) and actual improvement actions. Interactive settings also reduce the required amount of prior preference information and thus require less skills. Involving intermediaries makes it easier to gather data from multiple firms, obtain the required skills for using frontier analysis software and identify improvement actions based on experiences with different firms
    Oorspronkelijke taalEngels
    Aantal pagina’s1
    PublicatiestatusGepubliceerd - aug-2016
    EvenementResearch Seminar : Workshop on Environmental Production Economics - Technische Universität Darmstadt, Darmstadt, Duitsland
    Duur: 23-aug-201624-aug-2016

    Workshop

    WorkshopResearch Seminar
    LandDuitsland
    StadDarmstadt
    Periode23/08/1624/08/16

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    • Research Seminar

      Jef Van Meensel (Spreker)

      23-aug-2016

      Activiteit: Deelnemen aan een evenement of er een organiserenOrganisatie en deelname aan een workshop, opleiding, seminarie

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