Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development
In the past, the BSC is known as a performance measurement system based on advanced cost accounting techniques like how it was first formed. Yet, limited evidence in the literature explains how the BSC perspective is used for new product development and how to measure it. This paper aims to develop...
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Format: | Article |
Language: | English English |
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Inderscience Enterprises Ltd.
2021
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Online Access: | http://umpir.ump.edu.my/id/eprint/32932/1/2021_IJPQM-35497_PPV__.pdf http://umpir.ump.edu.my/id/eprint/32932/7/Psychometric%20instrument%20development%20of%20the%20sustainable%20balanced%20scorecard%20.pdf |
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author | Aminaimu, Zhengxiaoming Fernando, Yudi |
author_facet | Aminaimu, Zhengxiaoming Fernando, Yudi |
author_sort | Aminaimu, Zhengxiaoming |
collection | UMP |
description | In the past, the BSC is known as a performance measurement system based on advanced cost accounting techniques like how it was first formed. Yet, limited evidence in the literature explains how the BSC perspective is used for new product development and how to measure it. This paper aims to develop psychometric instruments of sustainable BSC for the success of a new product development. A dataset was collected from a survey of production managers who had past experiences in direct handling of new product developments. This study found that patterns of correlations have emerged in internal and external domains of a manifest variable of BSC. We have proposed an extended model of sustainable BSC for new product development. Although the success of new products on the market depends on many factors, our results suggest that BSC is a useful strategic technique to design and develop success of a new product. |
first_indexed | 2024-03-06T12:54:12Z |
format | Article |
id | UMPir32932 |
institution | Universiti Malaysia Pahang |
language | English English |
last_indexed | 2024-03-06T12:54:12Z |
publishDate | 2021 |
publisher | Inderscience Enterprises Ltd. |
record_format | dspace |
spelling | UMPir329322022-06-07T07:15:41Z http://umpir.ump.edu.my/id/eprint/32932/ Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development Aminaimu, Zhengxiaoming Fernando, Yudi HD28 Management. Industrial Management In the past, the BSC is known as a performance measurement system based on advanced cost accounting techniques like how it was first formed. Yet, limited evidence in the literature explains how the BSC perspective is used for new product development and how to measure it. This paper aims to develop psychometric instruments of sustainable BSC for the success of a new product development. A dataset was collected from a survey of production managers who had past experiences in direct handling of new product developments. This study found that patterns of correlations have emerged in internal and external domains of a manifest variable of BSC. We have proposed an extended model of sustainable BSC for new product development. Although the success of new products on the market depends on many factors, our results suggest that BSC is a useful strategic technique to design and develop success of a new product. Inderscience Enterprises Ltd. 2021 Article PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/32932/1/2021_IJPQM-35497_PPV__.pdf pdf en http://umpir.ump.edu.my/id/eprint/32932/7/Psychometric%20instrument%20development%20of%20the%20sustainable%20balanced%20scorecard%20.pdf Aminaimu, Zhengxiaoming and Fernando, Yudi (2021) Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development. International Journal of Productivity and Quality Management, 34 (1). pp. 33-63. ISSN 1746-6482. (Published) https://doi.org/10.1504/IJPQM.2021.118134 https://doi.org/10.1504/IJPQM.2021.118134 |
spellingShingle | HD28 Management. Industrial Management Aminaimu, Zhengxiaoming Fernando, Yudi Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
title | Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
title_full | Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
title_fullStr | Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
title_full_unstemmed | Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
title_short | Psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
title_sort | psychometric instrument development of the sustainable balanced scorecard for the success of a new product development |
topic | HD28 Management. Industrial Management |
url | http://umpir.ump.edu.my/id/eprint/32932/1/2021_IJPQM-35497_PPV__.pdf http://umpir.ump.edu.my/id/eprint/32932/7/Psychometric%20instrument%20development%20of%20the%20sustainable%20balanced%20scorecard%20.pdf |
work_keys_str_mv | AT aminaimuzhengxiaoming psychometricinstrumentdevelopmentofthesustainablebalancedscorecardforthesuccessofanewproductdevelopment AT fernandoyudi psychometricinstrumentdevelopmentofthesustainablebalancedscorecardforthesuccessofanewproductdevelopment |