ASSESSING THE IMPACT OF PERFORMANCE MEASUREMENT SYSTEMS IN NORTHERN NIGERIA SMALL BUSINESSES

Small and Medium-Size Enterprise (SME) growth is on the rise in some of the world’s wealthier economies, resulting from their role play in job creation and revenue generation, through tax for local and central governments. Many SME practitioners around the world, mostly from the low and middle income countries, are mounting pressures on their governments to increase their involvement and support for the SME sector to help maintain its pace. This study aims to evaluate the impact of Performance Measurement System implementation in SMEs; it was carried out with the purpose of assessing whether PM Systems contribute positively or otherwise in SME growth. The outcomes of the study are intended to increase understanding of the impact PM Systems have on SMEs. This study employed questionnaires as a primary method for data collection

A Study of Tesla—Twenty-First Century Organizational Strategy as Nexus Between Foresight and Futures Thinking

This chapter explores the Tesla company and the relationship between its organizational strategy and the use of foresight and future thinking. Examination of these processes is pursued to offer perspectives on the sustainability and viability of Tesla to advance its expansion program in electric vehicle technology. This case study concludes that a company’s ability to anticipate and respond to future trends and continuing disruptions is critical to its success, and that a strategic approach that incorporates foresight and futures thinking can help organizations navigate an uncertain future. Finally, this case study describes Tesla's strategic approach and how the company leverages foresight and future thinking to inform its decision-making and drive innovation. Overall, the case study highlights the importance of strategic foresight and future thinking in organizational strategy development and provides insights for other companies seeking to adopt similar approaches

Market Disruption in the Insurance Industry and Use of Foresight and Futures Thinking to Meet Challenges: A Case Study of Aviva PLC

Aviva is a British multinational insurance and public limited company headquartered in London. This case describes disruptions within the organization that arose from shift in wealth (internally) and government regulations (externally) as a result of volatile changes in global climate, public health, and technology. Competing Insurtech start-ups abounded, facilitated by blockchain technology and digitally driven customer engagement and claims management. Aviva’s use of strategic foresight and futures thinking steered the company’s actions as it survived these continuing challenges. Aviva’s implementation of related organizational policies institutionalized its efforts and sustained success