Firm capability assessment via the BSC and DEA
Industrial Management & Data Systems
ISSN: 0263-5577
Article publication date: 22 January 2021
Issue publication date: 2 March 2021
Abstract
Purpose
This study proposes an objective assessment model to evaluate the performance of internal and external capabilities of firms. It facilitates firms to invest appropriate resources to cultivate the organizational capability necessary to meet the requirements of the performance indicators.
Design/methodology/approach
This study integrates the concepts of resource-based theory, the organizational capability concept, and conduct a performance analysis to the four perspectives of the BSC by implementing the fuzzy set theory and data employment analysis.
Findings
The findings show that the appropriate strategies help allocate available resources and capabilities during the different product life cycle, which provides practical guidelines for firms to achieve sustaining competitive advantage.
Research limitations/implications
The selected factors were focused on four resources and capabilities rather than all possible factors.
Originality/value
An objective assessment model was created based on internal and external competitive performance efficiency in this research field. This model facilitates the ability of the top management to make decisions for resource allocation that will enhance firm's performance.
Keywords
Acknowledgements
The authors thank the MOST, R.O.C. for supporting the research under Grant No. 106-2410-H-006-008-.
Citation
Lin, C., Ting, S.-F., Lee, L. and Lin, S.-T. (2021), "Firm capability assessment via the BSC and DEA", Industrial Management & Data Systems, Vol. 121 No. 3, pp. 567-593. https://doi.org/10.1108/IMDS-07-2020-0405
Publisher
:Emerald Publishing Limited
Copyright © 2021, Emerald Publishing Limited