Utilizing Modified Delphi Method to select performance measures in SMEs

The purposes of this paper is to provides the foundations of the Delphi Method, discusses its strengths and weaknesses, gives the justifications for the selected methodology and literature review of past research, provides the guidelines for the stages followed to achieve consensus among experts tha...

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Main Authors: Nor Mahirah, Mustapha, Sorooshian, Shahryar, Noor Azlinna, Azizan
Format: Article
Language:English
Published: International Economic Society 2018
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/24152/1/Utilizing%20Modified%20Delphi%20Method%20to%20select%20performance%20measures%20in%20SMEs1.pdf
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author Nor Mahirah, Mustapha
Sorooshian, Shahryar
Noor Azlinna, Azizan
author_facet Nor Mahirah, Mustapha
Sorooshian, Shahryar
Noor Azlinna, Azizan
author_sort Nor Mahirah, Mustapha
collection UMP
description The purposes of this paper is to provides the foundations of the Delphi Method, discusses its strengths and weaknesses, gives the justifications for the selected methodology and literature review of past research, provides the guidelines for the stages followed to achieve consensus among experts that ensure validity of study, and discusses panel selection in the current study. This paper using extensive literature reviews to analyze published research on Delphi in social sciences study, explores the steps of Delphi method to achieve the consensus of experts, and its empirical applications. The Delphi method has proven as a popular judgement forecasting method in social sciences studies for identifying and prioritizing issues for managerial decision making, however it is lack of research in performance management using experts. Delphi method is the most suitable tool to be used to achieve the current objectives. In addition, the example of current study is used to demonstrate the process of variables selection. This paper helps future researchers in business management especially in SMEs to get guidelines about qualitative study, making it highly applicable in academia and commerce.
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spelling UMPir241522019-03-15T02:14:02Z http://umpir.ump.edu.my/id/eprint/24152/ Utilizing Modified Delphi Method to select performance measures in SMEs Nor Mahirah, Mustapha Sorooshian, Shahryar Noor Azlinna, Azizan AI Indexes (General) The purposes of this paper is to provides the foundations of the Delphi Method, discusses its strengths and weaknesses, gives the justifications for the selected methodology and literature review of past research, provides the guidelines for the stages followed to achieve consensus among experts that ensure validity of study, and discusses panel selection in the current study. This paper using extensive literature reviews to analyze published research on Delphi in social sciences study, explores the steps of Delphi method to achieve the consensus of experts, and its empirical applications. The Delphi method has proven as a popular judgement forecasting method in social sciences studies for identifying and prioritizing issues for managerial decision making, however it is lack of research in performance management using experts. Delphi method is the most suitable tool to be used to achieve the current objectives. In addition, the example of current study is used to demonstrate the process of variables selection. This paper helps future researchers in business management especially in SMEs to get guidelines about qualitative study, making it highly applicable in academia and commerce. International Economic Society 2018 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/24152/1/Utilizing%20Modified%20Delphi%20Method%20to%20select%20performance%20measures%20in%20SMEs1.pdf Nor Mahirah, Mustapha and Sorooshian, Shahryar and Noor Azlinna, Azizan (2018) Utilizing Modified Delphi Method to select performance measures in SMEs. Journal of Economic and Management Perspectives, 12 (3). pp. 1-23. ISSN 2523-5338. (Published) http://jemp.org/journal-of-economic-and-management-perspectives/
spellingShingle AI Indexes (General)
Nor Mahirah, Mustapha
Sorooshian, Shahryar
Noor Azlinna, Azizan
Utilizing Modified Delphi Method to select performance measures in SMEs
title Utilizing Modified Delphi Method to select performance measures in SMEs
title_full Utilizing Modified Delphi Method to select performance measures in SMEs
title_fullStr Utilizing Modified Delphi Method to select performance measures in SMEs
title_full_unstemmed Utilizing Modified Delphi Method to select performance measures in SMEs
title_short Utilizing Modified Delphi Method to select performance measures in SMEs
title_sort utilizing modified delphi method to select performance measures in smes
topic AI Indexes (General)
url http://umpir.ump.edu.my/id/eprint/24152/1/Utilizing%20Modified%20Delphi%20Method%20to%20select%20performance%20measures%20in%20SMEs1.pdf
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