Essay to measure the overall performance of companies: Case of national companies in the textile and clothing sector

Abstract

Currently, the issue of overall performance is at the center of the new managerial strategies of each organization. Its delimitation is very difficult because of the two levels of reality to which it refers: overall performance is both the objective and the main tool of the strategic visions of organizations. These two main axes of reality are extremely linked since the analysis of performance as the main objective of private sector companies particularly leads to the implementation of performance measures. Also, the concept of performance is used to analyze, on the one hand, the by companies of the objective of sustainable development, and to verify the achievement of financial, social and societal performance, on the other hand. The problem of performance is not limited solely to the quantitative analysis of the variations in the results, but to the optimization of the determination of all the qualitative factors which contribute to the achievement of these objectives. Indeed, the objective of performance is not only about achieving the objectives set, but they must be achieved at the lowest cost. Thus, the measures are an opportunity to define, explain and create performance measures. Our objective, therefore, through this study, is to measure, on the one hand, the overall performance of national companies in the textile and clothing sector by determining composite indices, and on the other hand, to measure the structural level of each axis retained as a measure of a specific typology of performance. According to our study and on the basis of principal component factor analyzes and our predictive model, the performance measurement is multidimensional, and multi-level.

JEL Classification : B23, M16, M11, M21, O31

Paper type: Empirical research