Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models

This study determines the correlation between industry-specific success patterns of the German engineering industry and the business models applied within. In order to identify this correlation, the following objectives are addressed within the framework of this paper: (1) identification and descrip...

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Autores principales:	Kostin Konstantin B., Steinbiß Kristina, Petrinovic Oliver
Formato:	article
Lenguaje:	EN
Publicado:	University of Novi Sad - Faculty of Economics, Subotica 2021
Materias:	kpis business model business model evaluation the german engineering industry industry-specific success patterns Production management. Operations management TS155-194 Personnel management. Employment management HF5549-5549.5
Acceso en línea:	https://doaj.org/article/ec67b35696c84d5fb1266e52aa2dca6b
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spelling	oai:doaj.org-article:ec67b35696c84d5fb1266e52aa2dca6b2021-12-05T21:34:15ZDetermining the KPIs of the German engineering industry based on the evaluation of contemporary business models1821-34482334-619110.5937/StraMan2103003Khttps://doaj.org/article/ec67b35696c84d5fb1266e52aa2dca6b2021-01-01T00:00:00Zhttps://scindeks-clanci.ceon.rs/data/pdf/1821-3448/2021/1821-34482103003K.pdfhttps://doaj.org/toc/1821-3448https://doaj.org/toc/2334-6191This study determines the correlation between industry-specific success patterns of the German engineering industry and the business models applied within. In order to identify this correlation, the following objectives are addressed within the framework of this paper: (1) identification and description of business models used by the German engineering industry; (2) analysis of industry-specific success patterns of the German engineering industry by the usage of Key Performance Indicators (KPIs); and (3) determination of correlation between the KPIs and the effectiveness of the business models of the German engineering industry These objectives are mainly achieved by literature research and expert surveys. The findings highlight the KPIs (overall 41) that are relevant for the respective business models. This enables a better understanding of the interrelationships of the business model, in order to derive relevant conclusions. The paper contributes to the literature as it advances this field of research in Germany, and it is one of the first studies to examine the relationship between business models and industry-specific success patterns with relevant KPIs.Kostin Konstantin B.Steinbiß KristinaPetrinovic OliverUniversity of Novi Sad - Faculty of Economics, Suboticaarticlekpisbusiness modelbusiness model evaluationthe german engineering industryindustry-specific success patternsProduction management. Operations managementTS155-194Personnel management. Employment managementHF5549-5549.5ENStrategic Management, Vol 26, Iss 3, Pp 3-36 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	kpis business model business model evaluation the german engineering industry industry-specific success patterns Production management. Operations management TS155-194 Personnel management. Employment management HF5549-5549.5
spellingShingle	kpis business model business model evaluation the german engineering industry industry-specific success patterns Production management. Operations management TS155-194 Personnel management. Employment management HF5549-5549.5 Kostin Konstantin B. Steinbiß Kristina Petrinovic Oliver Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models
description	This study determines the correlation between industry-specific success patterns of the German engineering industry and the business models applied within. In order to identify this correlation, the following objectives are addressed within the framework of this paper: (1) identification and description of business models used by the German engineering industry; (2) analysis of industry-specific success patterns of the German engineering industry by the usage of Key Performance Indicators (KPIs); and (3) determination of correlation between the KPIs and the effectiveness of the business models of the German engineering industry These objectives are mainly achieved by literature research and expert surveys. The findings highlight the KPIs (overall 41) that are relevant for the respective business models. This enables a better understanding of the interrelationships of the business model, in order to derive relevant conclusions. The paper contributes to the literature as it advances this field of research in Germany, and it is one of the first studies to examine the relationship between business models and industry-specific success patterns with relevant KPIs.
format	article
author	Kostin Konstantin B. Steinbiß Kristina Petrinovic Oliver
author_facet	Kostin Konstantin B. Steinbiß Kristina Petrinovic Oliver
author_sort	Kostin Konstantin B.
title	Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models
title_short	Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models
title_full	Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models
title_fullStr	Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models
title_full_unstemmed	Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models
title_sort	determining the kpis of the german engineering industry based on the evaluation of contemporary business models
publisher	University of Novi Sad - Faculty of Economics, Subotica
publishDate	2021
url	https://doaj.org/article/ec67b35696c84d5fb1266e52aa2dca6b
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Determining the KPIs of the German engineering industry based on the evaluation of contemporary business models

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