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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/1528

Title: Managerial Performance Measurement in Small Scale Industries
Authors: Girmay, GebreHiwot
Advisors: Dr. Chandera
Copyright: 2006
Date Added: 21-Oct-2008
Publisher: Addis Ababa University
Abstract: Small-scale industries (SSI) are often considered to be key sources of productivity, growth and job creation and hence their performance and the environment in which they perform are seen as in important factor for the economic development, in Ethiopia. SSI is account for a large number of business activities furthermore; they provide the basis for privet sector led economic growth. It is against this important role that they play that most developing countries unsurprisingly have been working towards unlocking their potentials and strengthening the sector despite of the immense interventions most SSI eventual find themselves struggling for growth and survival and die-off. The Ethiopian government adopted the national Micro and Small Enterprise (MSE) Development Strategy in November 1997. The policy identified a number of constraints hampering the development of this sector. The policy serves as guideline to all stakeholders to stimulate the establishment of new enterprises and enabling the existing ones to grow and become more competitive. This policy identified un-favorable legal and regulatory frameworks, underdeveloped infrastructure, poor business development services, limited access to finance, ineffective and poorly coordinated institutional support as the key constraints. There are however, several reasons identified by other stakeholders and researchers for the non-performance of the national MSE Development Strategy. Nature forces any body deal with business to deal with performance measurement from the basic logics: Every stockholder wants to earn a greater return on his investment. Every manager, no matter how large or small the group, for which he is responsible, wants to his group to perform more effectively. Every subordinate wants to perform as close to his optimum potential as possible. Every employee wants to know where he stands, to know how his performance shaped up. Each of these relatively simple needs require a relative complex response because each statement embodies a host of qualitative and quantitative comparisons. In addition to this determining the key success factors for SSI is often problematic, subtle and subjective. It is however, important to explore what are the key constraints that may hinder the success of SSI. This one is one of the major parts of the research if you go through with chapter five and six. SSI should understand these constraints because they would invest and adopt appropriate strategies to overcome them when embarking on business growth and expansion. Moreover SSI would therefore be better equipped and geared towards succeeding. Development of Managerial Performance Measurement Database with Proposed Solution Managerial Performance Measurement In addition to the above issue of study the research focuses on identifining the status of managerial performance in SSI and developing standard model of managerial performance measurement using database system with its expecting proposed actions to overcome unsatisfactory result of the assessment. The study on this topic in Ethiopia is very challenging in many ways unlike the developed world. In the developing countries like Ethiopia there are many factors and reasons that hinder such kind of research as well as the development of SSI it self due to the high level of poverty and poor infrastructure. Factors in support of concerning the concept of success and survival and identification of factors in support of the concept are also not very apparent to stakeholder. Added to that SSIs do not keep up-to-date and reliable data and information with regards to their business operations and performances. Hopefully, taking cognizance of the study of this nature will give a hand to SSI to gain thoughtful of how they should plan and implement the growth and survival strategies fruitfully.
Description: A thesis submitted to the School of Graduate Studies of Addis Ababa University in Partial fulfillment of the Degree of Masters of Science in Mechanical Engineering (Industrial Engineering Stream)
URI: http://hdl.handle.net/123456789/1528
Appears in:Thesis - Mechanical Engineering

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