Value-Based Performance Excellence Model For Higher Education Institutions

Organisational performance measurement method has shifted from measuring not only the tangibles aspect but also the intangibles aspects. Tangible aspects cover financial factors such as return on capital, cash flow and profitability, while the intangible aspects are related to non-financial factors...

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Main Author:	M. R., Abdul Hamid
Format:	Article
Language:	English English
Published:	Springer Netherlands 2014
Subjects:	Q Science (General)
Online Access:	http://umpir.ump.edu.my/id/eprint/6649/ http://umpir.ump.edu.my/id/eprint/6649/ http://umpir.ump.edu.my/id/eprint/6649/ http://umpir.ump.edu.my/id/eprint/6649/1/Value-Based_Performance_Excellence_Model_For_Higher_Education_Institutions.pdf http://umpir.ump.edu.my/id/eprint/6649/4/7.pdf

id	ump-6649
recordtype	eprints
spelling	ump-66492016-12-13T07:59:47Z http://umpir.ump.edu.my/id/eprint/6649/ Value-Based Performance Excellence Model For Higher Education Institutions M. R., Abdul Hamid Q Science (General) Organisational performance measurement method has shifted from measuring not only the tangibles aspect but also the intangibles aspects. Tangible aspects cover financial factors such as return on capital, cash flow and profitability, while the intangible aspects are related to non-financial factors such as the organisational core values. Therefore, this article aimed to test the performance excellence model based on core values indicators. This excellence model consists of six value-based performance criteria, which are leadership, culture, productivity-focused, employee-focused, stakeholder-focused and overall performance. Each criterion is measured using six core values of performance indicators. A total of 12 hypotheses have been put forward to test the relationships amongst the six criteria of excellence in the model. The model is analysed using structural equation modeling with AMOS software version 18.0 using maximum likelihood estimation. The questionnaire was developed and distributed to the respondents in Higher Education Institutions (HEIs) in Malaysia; out of 1,100 questionnaires distributed, 537 questionnaires were returned. The results of the modeling analysis revealed that the fit statistics of value-based performance excellence model for HEI is admissible. From the results, it is found that the leadership values have significant impact on the university culture values, employee values and the stakeholder values. Similarly, the culture values significantly affect the productivity values and employee values. Furthermore, employee values have significant influence on the productivity and stakeholder values. In addition, the productivity and stakeholder values significantly influence the university performance. However, the results of the study also found that there is no significant relationship between the leadership values and the productivity values, and between the culture values and the stakeholder values in the university settings. Furthermore, the relationship between the employee values towards university performance is found to be insignificant. From the study, it can be concluded that the relationships that are statistically significant and practically important should be given a due attention by the authorities in order to enhance the performance of the university through value-based indicators. Springer Netherlands 2014 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/6649/1/Value-Based_Performance_Excellence_Model_For_Higher_Education_Institutions.pdf application/pdf en http://umpir.ump.edu.my/id/eprint/6649/4/7.pdf M. R., Abdul Hamid (2014) Value-Based Performance Excellence Model For Higher Education Institutions. Quality & Quantity, 49 (5). pp. 1919-1944. ISSN 1573-7845 http://dx.doi.org/10.1007/s11135-014-0082-z DOI: 10.1007/s11135-014-0082-z
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Pahang
building	UMP Institutional Repository
collection	Online Access
language	English English
topic	Q Science (General)
spellingShingle	Q Science (General) M. R., Abdul Hamid Value-Based Performance Excellence Model For Higher Education Institutions
description	Organisational performance measurement method has shifted from measuring not only the tangibles aspect but also the intangibles aspects. Tangible aspects cover financial factors such as return on capital, cash flow and profitability, while the intangible aspects are related to non-financial factors such as the organisational core values. Therefore, this article aimed to test the performance excellence model based on core values indicators. This excellence model consists of six value-based performance criteria, which are leadership, culture, productivity-focused, employee-focused, stakeholder-focused and overall performance. Each criterion is measured using six core values of performance indicators. A total of 12 hypotheses have been put forward to test the relationships amongst the six criteria of excellence in the model. The model is analysed using structural equation modeling with AMOS software version 18.0 using maximum likelihood estimation. The questionnaire was developed and distributed to the respondents in Higher Education Institutions (HEIs) in Malaysia; out of 1,100 questionnaires distributed, 537 questionnaires were returned. The results of the modeling analysis revealed that the fit statistics of value-based performance excellence model for HEI is admissible. From the results, it is found that the leadership values have significant impact on the university culture values, employee values and the stakeholder values. Similarly, the culture values significantly affect the productivity values and employee values. Furthermore, employee values have significant influence on the productivity and stakeholder values. In addition, the productivity and stakeholder values significantly influence the university performance. However, the results of the study also found that there is no significant relationship between the leadership values and the productivity values, and between the culture values and the stakeholder values in the university settings. Furthermore, the relationship between the employee values towards university performance is found to be insignificant. From the study, it can be concluded that the relationships that are statistically significant and practically important should be given a due attention by the authorities in order to enhance the performance of the university through value-based indicators.
format	Article
author	M. R., Abdul Hamid
author_facet	M. R., Abdul Hamid
author_sort	M. R., Abdul Hamid
title	Value-Based Performance Excellence Model For Higher Education Institutions
title_short	Value-Based Performance Excellence Model For Higher Education Institutions
title_full	Value-Based Performance Excellence Model For Higher Education Institutions
title_fullStr	Value-Based Performance Excellence Model For Higher Education Institutions
title_full_unstemmed	Value-Based Performance Excellence Model For Higher Education Institutions
title_sort	value-based performance excellence model for higher education institutions
publisher	Springer Netherlands
publishDate	2014
url	http://umpir.ump.edu.my/id/eprint/6649/ http://umpir.ump.edu.my/id/eprint/6649/ http://umpir.ump.edu.my/id/eprint/6649/ http://umpir.ump.edu.my/id/eprint/6649/1/Value-Based_Performance_Excellence_Model_For_Higher_Education_Institutions.pdf http://umpir.ump.edu.my/id/eprint/6649/4/7.pdf
first_indexed	2023-09-18T22:02:37Z
last_indexed	2023-09-18T22:02:37Z
_version_	1777414499164225536

Value-Based Performance Excellence Model For Higher Education Institutions

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