Acta Univ. Agric. Silvic. Mendelianae Brun. 2011, 59(7), 167-176 | DOI: 10.11118/actaun201159070167

Framework of performance measurement system for Czech small breweries

Gabriela Chmelíková
Ústav regionální a podnikové ekonomiky, Mendelova univerzita v Brně, Zemědělská 1, 613 00 Brno, Česká republika

In spite of increasing interest on performance measurement systems during last 30 years, there is not visible any significant deviation from widely used financial measures in Czech business environment. These are generally criticized on account of several reasons: lag information content, bad fitting with information age competition and difficult communication to employees. Shift from the financial perspective to the non-financial one within the performance management invoked genesis of different performance measurement systems. The aim of this paper was therefore to establish the status of current knowledge in the area of performance measurement systems for small and medium enterprise. This theoretical phase of the research was based on the study of up-to-date reviews and it focused on the description of the most recent performance measurement systems. Further after considering Czech business specifics suitable base for performance measurement system was chosen and the framework of whole performance measurement system not dissimilar to Balanced Scorecard was designed. After considering the circumstances of the micro-brewing segment in the Czech Republic this article resulted in designing an example system suitable for usage among Czech micro-breweries.

Keywords: performance measurement system, financial measures, non-financial measures, performance management
Grants and funding:

This paper has arisen in the framework of the project: GA ČR (Czech Science Foundation) No. 402/09/1365 Methodological approach to the economic analysis of business.

Received: September 2, 2011; Published: January 26, 2014  Show citation

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Chmelíková, G. (2011). Framework of performance measurement system for Czech small breweries. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 59(7), 167-176. doi: 10.11118/actaun201159070167
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