Integrating hierarchical balanced scorecard with non-additive fuzzy integral for evaluating high technology firm performance

Chun-Hsien Wang, Iuan-Yuan Lu and Chin-Bein Chen

International Journal of Production Economics, 2010, vol. 128, issue 1, 413-426

Abstract: Efficient and accurate performance measurement systems serve as a useful tool enabling managers to control, monitor and improve high technology firm processes, productivity and performance. A model is developed for measuring the acceptable performance of high tech firms based on the interaction financial, customers, internal business process and learning and growth perspective. The HBSC structure integrated with non-additive fuzzy integral for designing, developing and implementing high technology firms relevant to performance measurement was employed to overcome interaction among the various perspectives. Sixteen samples from eight high tech firms are used throughout the study to explain how the execution of the model works. Utilizing the proposed model, the fuzzy assessment of the decision-maker and the interaction among various evaluation criteria can be a focus of the evaluation of the aggregation performance, thus ensuring more effective and accurate performance evaluation and decision-making. In the light of this empirical evidence, the results provide guidance to high tech firms performance measurement in both identification appropriate metrics and overcoming key implementation obstacles for improving firm-operating efficiency and hence assistance for future strategic adjustment.

Keywords: Performance; measurement; Performance; measurement; system; balanced; scorecard; Hierarchical; balanced; scorecard; Fuzzy; measure; Non-additive; fuzzy; integral (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (5)

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