Showing papers by "Indian Institute of Management Calcutta published in 1974"
TL;DR: In this paper, a three-tier objective framework, with standards, and a set of agencies for evaluation, is proposed to measure the performance of public enterprises in India, which is a movement from a narrow concept of efficiency to a broader approach wherein measurement of performance is linked to the achievement of objectives.
Abstract: This article presents systems approach to the measurement of the performance of public enterprises in India. Thus it is a movement from a narrow concept of efficiency to a broader approach wherein measurement of performance is linked to the achievement of objectives. The need for such an approach is based on the theoretical developments and set against the problems currently experienced by public enterprises in India. As an alternative a three-tier objective framework, with standards, and a set of agencies for evaluation is recommended. Finally the problems of application of the three-tier objectives are discussed.
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