Describes research undertaken to evaluate the appropriateness of strategic performance measurement (PM) system development processes for small-and medium-sized enterprises (SMEs). An evaluation is undertaken of ten PM approaches found in the literature. To facilitate this evaluation a typology is presented which synthesises current theory. This evaluation resulted in the identification of a process, based on its congruency to the theoretical model, which is used for an empirical investigation. Empirical data from SMEs is collected and analysed using the typology. This indicates a discontinuity between current theory and the requirements of practitioners in small companies. The paper concludes with a number of recommendations to facilitate the development of appropriate PM processes for SMEs.

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This paper explores the concept of strategic performance measurement in SMEs. To provide some depth and breadth for the investigation the research was structured into two phases. The fIrst phase of the research focused on identifying whether SMEs develop and use strategic performance measures. A survey of eight SMEs, in the south west of England, was undertaken using semi-structured interviews. The second phase involved a more in-depth study and was based on observing the introduction of a strategic performance measurement system in a small company. The results gained to date indicate that SMEs have a good understanding of fmancial measurement, and are moving towards customer focused measures. However, these measures typically lack strategic alignment and many may be questioned in regard of their value for business improvement. The observations made during phase two of the research, the development of a new strategic performance measurement system in an SME, indicated the potential planning and control benefIts from the design process that was utilised. However, particular diffIculties were evident in the development and implementation of the K. Mertins et al. (eds.), Global Production Management

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