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Short- and long-term performance in manufacturing SMEs: Different targets, different drivers

O'Regan, Nicholas; Ghobadian, Abby

Authors

Abby Ghobadian



Abstract

Contrary to popular belief, managing short-term performance differs significantly from managing long-term performance. It is not an extension of short-term performance over a longer-term time frame. This paper examines the steps of managing performance from the context of organisational factors. The analysis indicates a dramatic picture as the improvement of short and long-term performance is driven by distinctly different attributes of strategy, leadership, culture and organisational capability. The difference in all cases indicates that attributes that are perceived as “internally orientated” are associated with improving short-term performance, whereas attributes that are commonly perceived as “externally orientated” are associated with improving long-term performance. These findings will be helpful to managers focusing on improving their firm's performance in the short or long term and enable them to focus on the attributes of each of the factors examined that help the achievement of the performance targets set. © 2004, Emerald Group Publishing Limited

Citation

O'Regan, N., & Ghobadian, A. (2004). Short- and long-term performance in manufacturing SMEs: Different targets, different drivers. International Journal of Productivity and Performance Management, 53(5), 405-424. https://doi.org/10.1108/17410400410545888

Journal Article Type Article
Publication Date Jul 1, 2004
Journal International Journal of Productivity and Performance Management
Print ISSN 1741-0401
Publisher Emerald
Peer Reviewed Peer Reviewed
Volume 53
Issue 5
Pages 405-424
DOI https://doi.org/10.1108/17410400410545888
Keywords corporate strategy, organizational culture, leadership, business performance, process analysis
Public URL https://uwe-repository.worktribe.com/output/1065504
Publisher URL http://dx.doi.org/10.1108/17410400410545888
Additional Information Additional Information : Paper awarded Highly Commended Award by Literati Club 2005