Abstract
This chapter discusses various aspects of the relationship between measurement and day-to-day activity. It emphasizes the potential contribution of academic knowledge to performance management activities. It first reviews situations and ways in which performance management has a track record of working well, then moves on to note that unfortunately, such activity on its own was unlikely to contribute to sustainable competitive advantage. Finally, using a practice theory perspective, it turns the problem of 'you get what you measure' on its head. This perspective offers an appreciation of the role of measurement in the construction of orderly behaviour that can help re-establish a positive link between performance measurement and skilful practical activity.
Original language | English |
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Title of host publication | Contemporary Issues in Management Accounting |
Publisher | Oxford University Press |
ISBN (Electronic) | 9780191712623 |
ISBN (Print) | 0199283362, 9780199283361 |
DOIs | |
Publication status | Published - May 1 2007 |
Externally published | Yes |
Keywords
- Academic knowledge
- Causal modelling
- Control systems
- Distributed information processing
- Performance management
ASJC Scopus subject areas
- General Economics,Econometrics and Finance