Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/317629 
Year of Publication: 
2023
Citation: 
[Journal:] Journal of Business Economics and Management (JBEM) [ISSN:] 2029-4433 [Volume:] 24 [Issue:] 2 [Year:] 2023 [Pages:] 368-386
Publisher: 
Vilnius Gediminas Technical University, Vilnius
Abstract: 
The purpose of the research is to extract an empirical typology presenting the diverse types of PMSs. For creating empirical typology, a Two-Step cluster analysis was applied. The types of PMSs are characterized by the variables extracted from the chain model found in the literature. We discovered two relevant dimensions specifying the PMSs: the importance of strategy for the firms and the multitude of organizational levels. Based on these, we extracted four clusters (types) of PMS along the dimensions of strategy focusing and organizational level. The findings show that the most advanced PMSs are found in the Strategy-focused Multi-level cluster, before the Strategyfocused One-level cluster. We also linked the dimensions within the four aspects of PMSs: strategic, alignment and process, usage, and information aspects. We found that the expected success of PMSs is positively related to the strategy-focus and multiplicity of levels. These findings broaden the common typologies of PMS and add the intrinsic features of the firm to the types of PMS reflecting strategy orientation and the multitude of hierarchy levels of the firm.
Subjects: 
cluster analysis
clusters of PMS
hierarchy levels
key success factors
Performance Management Systems (PMS)
strategy focus
JEL: 
M410
M1
M2
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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