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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Main Authors: Aminaimu, Zhengxiaoming, Fernando, Yudi
Format: Article
Language:English
English
Published: Inderscience Enterprises Ltd. 2021
Subjects:
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.
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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
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