Middlesex University has won a £36K grant to help companies around the world improve their performance management.
Senior Lecturer Pingli Li successfully applied for the funding from Chartered Institute of Management Accountants (CIMA), beating off applicants from 14 countries.
The cash will be used to research how performance management has evolved in the past two decades and to identify which organisations are market leaders in this area.
The university’s Business School will particularly look at the performance evaluation system used by Chinese state owned enterprises.
Naomi Smith, from CIMA said: “The last 20 years have seen corporate scandals, the dot-com bubble and the sub-prime debt crisis and these have shifted the role of management accountants from reporting and controlling through planning and analysis, to proactive performance management.
“It is our hope this research will highlight best practice and lessons that can be used by companies in improving performance management.”
The results and findings will be published on CIMA’s website: www.cimaglobal.com/thought-leadership.
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