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Excerpt from Measurement of Business Economic Performance: An Examination of Method Convergence
Business performance (or its broader notion of organizational effectiveness) is fundamental to management practice and research. Researchers have conceptualized and measured performance using many schemes depending upon their research questions, disciplinary focus, and data availability (for an overview, see Campbell, 1977; Chakravarthy, in press; Ford Schellenberg, 1982; Hofer, 1983; Kanter Brinkerhoff, 1981; Kirchoff, 1977; Seashore Yuchtman, 1967; and Steers, 1975, Perhaps more than any other branch of organizational science, strategic management is centrally focused on issues of organizational performance (schendel Hofer, However, scant attention has been provided toward issues related to its measurement within this field. Organizational researchers generally focus on the overarching concept of organizational effectiveness (campbell, 1977; Steers, 1975, but most strategy researchers have focused on a narrow domain, termed as business economic performance (bep).
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