Mitchell, Falconer7; Nielsen, Lars Bråd4; Nørreklit, Hanne8; Nørreklit, Lennart6
1 Accounting Research Centre - ARC, Aarhus School of Business, Aarhus BSS, Aarhus University2 Department of Business Studies, Aarhus School of Business, Aarhus BSS, Aarhus University3 Department of Economics and Business Economics, Aarhus BSS, Aarhus University4 Department of Economics and Business - Business Studies, Department of Economics and Business Economics, Aarhus BSS, Aarhus University5 Department of Management, Aarhus BSS, Aarhus University6 Aalborg University7 Department of Economics and Business Economics, Aarhus BSS, Aarhus University8 Department of Management, Aarhus BSS, Aarhus University
This paper focuses on identifying the key characteristics of a good strategic performance. It does this from a conceptual base founded in the paradigm of pragmatic constructivism. This involves analysing real world activities such as strategy setting and implementation in terms of the facts on which they are based, the values applied by those responsible, the logic applied to possibilities confronting them and the communication amongst them. From this analysis several key concepts underlying sound strategic performance are discovered. These are the internal and external coherence of activities relevant to the attainment of strategic objectives, the validity of the strategy selected and the learning theory of truth which is manifest in a system of constructive feedback on the gap between strategic expectations and strategic realisations. The conceptual analysis is illustrated by material from a corporate case study.
strategic performance measurement; validity; coherence; truth
Main Research Area:
Performance Measurements and Corporate Governance JMG Workshop, 2010