2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Abstract: The Basic motivation behind the paper is to analyze what are most important performance measurement indicators being used in the higher education institutes. The main purpose is that, after collecting the data from the institution’s heads, try to establish an academic scorecard based on the key performance indicators considered to be the critical one for the development and implementation of the performance measurement system. Academic scorecard is developed after data collection using a standard pre-built questionnaire (Chen, Shun-Hsing and et-al (2009)), analyzing and categorizing the responses based on the four perspective of balance scorecard (Kaplan and Norton, 1996b, 2001a). Results has shown many interesting results that in institution’s heads opinion the key performance indicator is the internal process perspective which states that organization should have a very strong and well defined structure and system. Focus should be on such policies which are result oriented and they give customer satisfaction third place in measuring the institution’s performance because they believe that if the internal systems are strong enough, direction are clear and the institution’s attention is on the curriculum development on regular bases, student/staff and student/teacher ratio then it will automatically eliminate many customer dissatisfaction factors. This academic scorecard will try to bring a change in the institution’s performance measurement system’s perspective. Keywords: Higher education Institutes, Performance measurement system, Key performance Indicator, Lahore, Pakistan Paper type: Empirical paper June 27-28, 2012 Cambridge, UK 1 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 An Academic Scorecard for Performance Measurement of Higher Education Institutes Sadaf Ashraf, Lecturer Contact No:0092-300-7504189,E-Mail:[email protected] Pakistan M. Kamran Javed, Advocate &Business Professional Pakistan Contact No:0092-300-7505069,E-Mail:[email protected] June 27-28, 2012 Cambridge, UK 2 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 An Academic Scorecard for Performance Measurement of Higher Education Institutes Sadaf Ashraf, Lecturer Contact No:0092-300-7504189,E-Mail:[email protected] Pakistan M. Kamran Javed, Advocate &Business Professional Pakistan Contact No:0092-300-7505069,E-Mail:[email protected] Abstract: The Basic motivation behind the paper is to analyze what are most important performance measurement indicators being used in the higher education institutes. The main purpose is that, after collecting the data from the institution’s heads, try to establish an academic scorecard based on the key performance indicators considered to be the critical one for the development and implementation of the performance measurement system. Academic scorecard is developed after data collection using a standard pre-built questionnaire (Chen, Shun-Hsing and et-al (2009)), analyzing and categorizing the responses based on the four perspective of balance scorecard (Kaplan and Norton, 1996b, 2001a). Results has shown many interesting results that in institution’s heads opinion the key performance indicator is the internal process perspective which states that organization should have a very strong and well defined structure and system. Focus should be on such policies which are result oriented and they give customer satisfaction third place in measuring the institution’s performance because they believe that if the internal systems are strong enough, direction are clear and the institution’s attention is on the curriculum development on regular bases, student/staff and student/teacher ratio then it will automatically eliminate many customer dissatisfaction factors. This academic scorecard will try to bring a change in the institution’s performance measurement system’s perspective. Keywords: Higher education Institutes, Performance measurement system, Key performance Indicator, Lahore, Pakistan Paper type: Empirical paper June 27-28, 2012 Cambridge, UK 3 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Introduction: The education or academia is a term related to the proper teaching-learning activities of an educational institution. The higher education includes the education above the intermediate level which is Bachelors, Masters, Doctorate and Post Doctorate programs. A lot of work has been done globally for the development of education sector. And except too many other factors, hi-tech science and computer labs, proper infrastructure, quality of teachers and quality of atmosphere in education institutions are given preferences. Now the top universities are offering scholarships to students in seek of the best human minds. As there is anticipation of changes in education and related fields, an integrated curriculum in research and design is required for "educational development". The top universities of the world are now collaborating with each other for the development in research area and to produce improved literature to be studied by coming generations. The evaluation systems can help the organizations and individuals to maintain the purpose and clarity around their mission, goals and objectives but also ensure that they have sustained the position while delivering their desired outcomes. Measurement systems served as feedback mechanisms that provide us that what best works and where the change or adjustment is needed. They provide valuable information on the impacts, intended and unintended, of our actions and initiatives and as such are an important part of all learning, living systems. Well-constructed measurement systems can ensure a consistent stream of direct and concise feedback system(Storrs, 2010). In response to the stakeholder’s growing concerns about poor or inconsistent quality, higher education institutions are constantly exploring ways for education quality improvement (Lawrence and McCullough, 2001). Many colleges and universities have looked up methods from industry and adopt some type of total quality management (TQM) system to create competitiveness (Hubbard, 1994; Vazzana et al., 1997). In the USA, there is a tremendous pressure on universities in providing high-quality education and operating result. This is according to (Tang and Zairi, 1998), the result of: A decline in the traditional pool of higher education students; Growing dissatisfaction and frustration with spiraling college costs and Undergraduate teaching practices; Many parents overwhelmed by the financial pressure; and Government fiscal restraint. UK’s higher education commission also faced the extraordinary and increasing levels of market accountability impulsive by the legislative processes of subsequent administrations (Tang& Zairi, 1998). June 27-28, 2012 Cambridge, UK 4 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 The stakeholders of higher education sector for managers justify their actions and demonstrate quality and effectiveness has never been greater as in recent years. These drivers led the focus of university on (Chen, 1997; Tang & Zairi, 1998): Efficient and disciplined use of resources; Achievement of value for money; Increased productivity through the use of systematic planning, organization and control; and Measurement of achievement against declared objectives by comparisons across institutions. The Asian countries including China and India are developing the higher education sector as their foremost concern. This development is exceptional in its character as per its size, speed and consequences; this is exemplary for other countries. China specifically for the science and medical studies and India particularly for IT studies are considered to produce best educational institutes. No doubt, there exist many social problems in Asian countries which are yet unsettled but there is tremendous work done in the area of higher education to be explored. Increased number of other countries’ students attracted towards Asian higher educational institutes for both economic and academic purposes shows that the education standards are getting closer to the western world (Pakistan, 2009-2010). Performance is all about getting the thing done or accomplished something while meeting the standards(http://ardictionary.com/Performance/3914). The quality of education is the main concern for the institutions as well as for the students. Everyone is now realizing the importance of education. As it is believed that the improvement in this sector will create brains which will help to conquer the world. Excelling in this field can lead to better planning, implementation, and development procedures at macro level for effective usage of scarce resources and ultimately tackling the problem of poverty, begging, corruption, thefts and other evils. The importance of performance data collection and the reporting of higher education institutes are increased dramatically since the establishment of Higher Education Commission of Pakistan (HEC).The developing importance of the performance measure are predictable. All the stakeholders including governing bodies, taxpayers, students, and parents demand evidence that their funds utilization is efficient and transparent and is on most important outcome---Learning. If defined well, performance measures may provide all stakeholders some useful information that can help them in future decision making; like institution choice. Performance measures are a good source of bringing rationality to the ways in which institution choice and funding decisions are made. A measurement process is of great importance to enhance the institution education quality. Such a process June 27-28, 2012 Cambridge, UK 5 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 should ensure the measurement of university’s operational performance, should encourage each institute to improve weaknesses, and ensure institution’s education quality. A comprehensive measuring system should also measure each area of university’s administration. This study will focus on the performance measurement of different higher education institution and will try to outline an academic scorecard that for measuring institutional performance in Pakistan. In developing the academic score card we will take the idea from balance score card but its use will be very minimal in this study. Its major emphasize will be on producing initial portfolio for key performance indicator that will serve as springboard for measuring performance in academic institutions. Research Question: This particular study is trying to find out the answers of the following questions; 1. Do the organization leaders realize the importance of performance measurement system in education? 2. What dimension of performance measurement is most important for education organization? Hypothesis: Based on the above research question, further developed hypotheses are; H1: Leadership realization has a relationship with performance measurement in education. H2: There is a difference in public and private sector’s performance indicators. H3: Innovation & learning perspective is the most important performance indicator in education organization. H4: Stakeholder’s perspective (Customer perspective) is second most important performance indicator in education organization. H5: Internal processes are third important performance indicator in education organization. H6: Financial perspective has a strong relationship with education organization. June 27-28, 2012 Cambridge, UK 6 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Literature Review: Role of Higher Education Institutes: It has become an undeniable truth that any nation’s wealth is highly dependent more on its three important factors people, management and government, than on its natural resources. History adequately has taught us that many countries on the globe, to which now we called as advanced and prosperous (like USA, Japan, Great Britain, Germany, Israel, the Netherlands) have achieved such a remarkable economic growth and development through their work alcoholic and innovative people. Education helps in knowledge base enhancement of the nation and therefore in shaping the future of the nations, it plays a vital role. Emerging global trends, new economic challenges, the rapid growth of information technology (IT) and the requirement for multilingual proficiencies are some of the challenges that developing countries have to face. Education role in capacity building and management is capable enough to cope with these challenges and has been appreciated and is center of attention of various governments than ever before (Gill and Lashine, 2003). Particularly, higher education, being the most important source of knowledgeable and skilled people, is hugely recognized as the significant way of building rich human capital by providing the high quality education and also attending to the pressing problem of the nation(Karname et al, 2004).a famous saying in this regard is , organizations without clear direction are considered as a ship without a rudder, whose fate is either getting crushed with a curved stone or going nowhere even if it pretends to. The main objectives of higher education institutes (universities) are to provide in-depth knowledge, seek academic development, educate students, and coordinate national development demands (Johnes and Taylor, 1990). The core university procedures are mainly teaching, research and scholarship (Tang and Zairi, 1998). Perkins (1973) positioned that a university has three primary functions: education, research and service. Donald (1984) believed that universities should establish Performance Measurement Indicators (PMIs) based on these functions to evaluate performance of related to resource allocation. Higher Education Role in Pakistan: In Pakistan ((Niazi and Mace, 2006)) at the time of its independence, August 1947, there was only one university, the University of Punjab, Lahore and almost forty colleges. The government established new colleges and universities but was not in a position to provide adequate financial and physical resources to undertake the restructuring of the educational system and also its expansion to meet the demands of the students. In this context the private sector developed providing opportunities to students seeking higher June 27-28, 2012 Cambridge, UK 7 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 education opportunities by opening privately managed higher education institutions in the country. The private sector education will be defined as all formal institutions that are not public, and may be found, owned, managed and financed by actors other than the state. We begin with some definitions of higher education, efficiency and equity. “Education is a process through which a nation develops its self consciousness by developing the self consciousness of the individuals who compose it”. (Khalid, 1998; p.14). Another definition of education is that “it is a social institution which provides mental, physical, ideological and moral training to the individuals of the society, so as to enable them to have full consciousness of their mission, purpose in life and to equip them to achieve that purpose” (Ahmad, 1993; p.37). From the above it would appear that education is seen as a process of the intellectual development of individuals through which their potentialities are developed and the culture of the people is transmitted to the following generations. But education also contributes to the economic and political development of the individual and society at large. This is best achieved when the higher education is efficiently and equitably provided for making better choices and providing them with the skills and attributes to lead a better life and, in addition, will contribute to the socio-economic development of the country (For example see Blaug, 1972 & Becker, 1976). The latter view is reflected in the Education Policy Draft (Government of Pakistan, 1998) which states that the type and quality of education imparted to the youth of today will provide future leadership in various fields that will successfully steer the country towards socio-economic development in the years to come. Therefore higher education may be seen as a prime concern of the society, the government and the individual. Expenditure on education in this century is now being considered as an expenditure on human capital, that is, investment rather than consumption. The National Educational Policy 1998-2010 also recognizes the fact that there is a strong feeling among the Pakistani people that the private sector should participate actively to supplement the resources of the government for the development of human resources. There was only one university in the public sector in 1947 and this number had risen to 55 (47 universities and 8 degree awarding institutions) by the year 2004. The demand for higher education is increasing rapidly due to the expanding number of school graduates in the country. Modern higher education especially in science and technology is seen as essential for rapid socioeconomic development, but it is very costly. “The scarcity of public finances does not allow the expansion of higher education in the country. In this regard concerted efforts are being made to attract the private sector through liberal policy to establish institutions of higher education in Pakistan”. (National Educational Policy 1998-2010). June 27-28, 2012 Cambridge, UK 8 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 According to Isani and Virk in Pakistan, “at present there are 51 universities and degree awarding institutes in the private sector that have received the charter from the HEC and providing education in the fields of Engineering, Medicine, Management, and other related technical and general fields.” (Isani and Virk, 2005; p.293). These universities are providing. There are different points of view regarding the role of higher education. Some people are of the view that higher education is an important factor for the socio-economic development of any society. Education today has become the most potent instrument, not only for social and cultural changes but also for the economic development of society. Ali (1997) states that “rapid economic development of a nation lies in the provision of education and skilled manpower”. Education generates not only new ideas and competency in individuals; it also accelerates the pace of technological transformation. To economists higher education is seen as preparing people. 2.1.3 Performance Measurement in Higher Education Institutes: The content of higher education PMI Performance measurement employs a quantitative standard to systematically measure an organization’s daily operational results as they relate to its overall objectives. Performance measurement in management is treated as a control category, in which an indicator is a measurement tool. By applying a set of complete indicator systems, a supervisor can measure organizational operating performance. Some scholars believed that an indicator represented a signal, which represented system performance (Spee & Bormans, 1992). The advantage of establishing an educational PMI is that it focuses attention on the primary aspects of an education system. Moreover, if this indicator was designed strictly, it could also be used as a tool for public communication and education reform (Elliott, 1991). Hence, the proposed PMI should contain the following characteristics: A performance indicator should have a monitoring function (Fitz-Gibbon, 1996). A performance indicator should be quantitative (Cuenin, 1986). A performance indicator should be objective related (CVCP/UGC, 1986). The higher education PMIs should have the following functions: control and measure education quality; provide information to education policy decision-makers; provide references for education resources management and allocation; and provide each department with indicators of performance management. Therefore, there are two primary objectives of measurement: to assist universities in improving education quality; and, to help universities meet customer demands and achieve their responsibilities. Higher education performance measurement literature (Johnes and Taylor, 1990) proposed that any measurement of university performance required the following information: the output that universities aim to produce; the input that universities require to produce this output; quantitative measurements of each university’s input and June 27-28, 2012 Cambridge, UK 9 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 output; and the technical relationship between input and output. Johnes (1996) believed that these inputs and outputs could be used to measure a university’s performance and proposed four categories of output: (1) output from teaching activities, (2) output from research activities, (3) output from consulting services; and (4) output of cultural and social activities. Sahney et al. (2004) proposed that total quality management in higher education transformation systems included the inputs, process and outputs three aspects to measure university operation performance: (1) Inputs – human resources, physical resources and financial resources. (2) Process – teaching, learning, research, administrative activities and knowledge transformation. (3) Outputs – tangible outcomes, value addition and intangible outcomes. 2.1.4 Balanced Scorecard and Performance Measurement The balanced scorecard (BSC) enables business to transform its overall organizational strategy into effective management. The BSC is a performance-measurement system (Kaplan and Norton, 2001a; Niven, 2002), a strategic-management system (Kaplan and Norton, 1996a, 2001c) and a communication tool (Niven, 2002, Kaplan and Norton, 1992). Apart from financial measurement, which is the essence of the BSC, it also emphasizes: Customer Role; Internal Processes; and Innovation and Learning. It thus provides a complete range of PMIs to measure the achievement of strategic targets. The BSC has four measurement perspectives (Kaplan and Norton, 1996b, 2001a). (1) Financial perspective; (2) Customer perspective; (3) Internal process perspective; and (4) Learning and growth perspective. BSC has already been widely employed in manufacturing, and service industries, non-profit and government organizations, etc. with excellent effects (Kaplan and Norton, 2001b). Kaplan and Norton June 27-28, 2012 Cambridge, UK 10 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 (2001a, 2001b) also proposed that although financial performance is not the main target of the majority of government and non-profit organizations, the sequence of BSC visions can be rearranged and customer or stakeholder perspective moves on the top. The Balanced Scorecard (BSC) approach answers the critical question about performance improvement and creating value by innovation in organizations. The BSC by Kaplan and Norton has been the most cited work and widely used performance measurement & management ( PMM) framework in the literature (Taticchi, et al., 2009). The BSC includes performance measures related to financial aspects, customers, internal business processes and learning. These four categories could be divided into measures common to all organizational units or unique to a particular unit, which have been shown to affect management’s evaluations of performance which is influenced by common measures only (Lipe & Salterio, 1998, 2000). The goal of performance measurement as suggested by the procurement Executives‟ Association (PEA) is that "a performance measurement system must be approached as an iterative process in which continuous improvement is a critical and constant objective" (Association, 1999). Performance Measurement Indicators Performance measures are at the core of the BSC system (Niven, 2002). A complete and effective BSC must have proper key PMIs (Kaplan and Norton, 2001a; Niven, 2002). PMIs are used to assess the achievement of strategic targets and to ensure that the overall strategic operation is workable. They can also provide direction for staff members on how they can contribute to an organization achieving overall targets (Niven, 2002). In the educational sector, each school will need to establish its core competencies on the basis of its mission and vision, and will also need to consider its current resources and state of competitiveness. Different strategic themes will have different strategic targets and different PMIs. As more strategic themes or targets are developed, the nature and number of the relevant PMIs will also increase. In the same regard Raouf (2006) has proposed a model incorporating quality criteria for the university quality assessment. This model emphasis the importance of institutional issue rather than the program issues and can be used for the universities self assessment followed by the peer’s external review as arranged by the quality assurance agency (HEC). The university quality assessment model (UQA) is comprised of more or less 10 factors such as mission, students, quality of programs etc which are further subdivided into many key elements as under mission vision and mission, status and governance and strategic objective etc. June 27-28, 2012 Cambridge, UK 11 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 All of these are developed with the intention to cover all possible aspects of university performance measurement areas and quality enhancement areas. The presence of this instrument is no doubt provides a great opportunity to carry out the intended research but researcher without any biasness try to test another pre developed tool by Chen, Shun-Hsing and et-al (2004).The reason behind the usage is only that present research intention is on performance data collection, comparison and the development of an academic scorecard, its major focus is to find out most important performance indicators in education sector and based on that present a balanced approach to the academia. And above researcher work is basically to address the issues related to quality improvement and enhancement. This study will focus on the performance measurement of different higher education institution and will try to outline an academic scorecard for measuring institutional performance in Pakistan. In developing the academic score card we will take the idea from balance score card but its use will be very minimal in this study. Its major emphasize will be on producing initial portfolio for key performance indicator that will serve as springboard for measuring performance in academic institutions. Methodology: Survey Introduction: To measure and compare the performance of higher education institutes for the purpose of academic score card development, a pre-developed and tested(Chen et al., 2009) self administered questionnaire survey technique is used. Questionnaire is attached in the appendix. We collected responses from Lahore based, 25 higher education institute’s head of the department/chairman/chair person/director program and registrar. Out of 25, three universities totally refused to give their opinion as it was contradictory to their institution policy. To keep the anonymity of the respondents names are not mentioned here. From the 22 universities, the overall contribution rate is approx 88% and the respondent response rate is 81.8% which is quite satisfactory and encouraging for the research as compared to the other researcher rate presented in the literature. The reason for this good response rate is the personal visit to each university and sufficient time given to each person. In carrying out the data collection activity, the researcher took the help from the personal contacts and also arranged personal meetings with the respondents for the efficiency and effectiveness of the data collection process. Respondents also provided sufficient guide to fill out the questionnaire while care was taken not to lead them to the answer choices. The whole data collection activity per university was completed in two to three days time as the respondents kept it pending because of some job engagements and other problems. Majority of the respondents were satisfied with the questionnaire June 27-28, 2012 Cambridge, UK 12 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 quality, anyhow only few shown their concerns on it. They found it difficult to understand and respond, but their concerns were addressed in personal meetings. SPSS (Statistical Package for Social Sciences) software (George & Mallery, 2006) for the analysis of collected data. Higher Education Institutes Demographics: Total population was divided in two mainstreams: public and private to carry out the research as shown in the table given below, collected by the HEC (Higher Education Commission Pakistan website); Sectoral Segmentation Sector Number Public 11 Private 14 Grand Total 25 The sample size is approximately an even mix of 25 universities. The convenient sampling technique is used and data is collected from various randomly selected departments and registrar branch of the university. Data collection activity is carried out in Lahore and only the public and private sector universities were selected to serve the purpose. Factor Analysis: This research is trying to find out the most important performance indicators in the higher education institutes so that based upon that an academic scorecard can be developed. It also tries to compare the performance indicators in both sectors, for this reason the data is collected under main 16 dimensions, given as under; 1. Development target and characteristics 2. Department /School Reputation 3. Administration Resource 4. Teaching Resources June 27-28, 2012 Cambridge, UK 13 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 5. Curriculum planning 6. Graduate’s career planning 7. Research results 8. Social responsibility 9. Teaching quality 10. Student retention rate 11. Faculty Resources 12. Financial resources 13. Student quality 14. Tutorship Results 15. Continuous education service 16. Student Structure These are further sub divided into operational variables under each dimension.. Factor analysis transforms original variable into sets of common and specific factors. The observable random vector X, with p components, having a mean ε and covariance matrix ∑. The factor model postulates that X is linearly dependent upon a few unobservable random variables, F1, F2….Fm, called common factors and p additional source of variation ε1, ε2….εp, called specific factors. In particular, the factor analysis model, as Johnson & Wichern (2005) put it, is X= µ+LF+ε Where L is (pxm) matrix of factor loadings, giving simple correlation between the variables and the factors. The un-observability of common factors is distinguishing a factor analysis from a regression analysis. Lawley & Maxwell (1971) discusses some additional assumptions for these factors that (i) F and ε are independent, (ii) E(F)=0,Cov(F)=1,(iii)E(ε)=0,Cov(ε)= ; where is a diagonal matrix. The analysis of the factor model proceeds by imposing conditions that allow one to quickly estimate L and . Factor analysis is induced as the sample size is sufficiently large enough and approximately normally distributed as claimed by the Central Limit Theorem (Dr.Ahmed.F.Siddiqi, Accepted for Publication; Hair Jr et al., 1995; Levin and Rubin, 1998; Sheldon, 2002), Factor analysis can easily be applied . Factor analysis used to bring out the most important performance measurement after the statistical reduction of data. And the Bartlett’s test is used to check the specificity of the factor analysis for the study and to investigate the null hypothesis that the variables are uncorrelated in the population, and by Kaiser, Meyer June 27-28, 2012 Cambridge, UK 14 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 and Olkin (KMO’s) measurement index for the magnitude of the observed correlation coefficients to the magnitude of the partial correlation coefficients. KMO value greater than 0.5 is always enviable. Given table summarizes the value of both tests; KMO & Bartlett's Test 1 Kaiser-Meyer-Olkin Measure of Sampling Adequacy. Bartlett's Test of Sphericity .745 Approx. Chi- 5637.673 Square df 2016 Sig. .000 a. Only cases for which Category = Admin are used in the analysis phase. KMO & Bartlett's Test 2 Kaiser-Meyer-Olkin Measure of Sampling Adequacy. Bartlett's Test of Sphericity .641 Approx. Chi-Square df 195.522 78 Sig. .000 a. Only cases for which Category = Registrar are used in the analysis phase. As we have divided the questionnaire in two parts, one for the administration and the other from the registrar branch so we have categorized it in two parts. We apply the factor analysis using principal component method and with zero rotation so that the ease in interpretation can be achieved. The total variance explained table for the administer category shows that by default it extracted 15 most important factors which are covering almost 80 percent of the total variance present in the data for the admin and 4 factors for the registrar category. But we decided to choose 7 components which are merely explaining more than 60 percent of the total variance explained in the data for the admin category and 2 factors for the registrar as given in the table below for the administration and for registrar category respectively; Total Variance: Admin 1 Total Variance Explaineda Co June 27-28, 2012 Cambridge, UK Initial Eigenvalues Extraction Sums of Squared Loadings 15 2012 Cambridge Business & Economics Conference mponen % of t Total ISBN : 9780974211428 Cumulative Variance % % of Total Variance Cumulative % 1 22.453 35.083 35.083 22.453 35.083 35.083 2 4.933 7.708 42.791 4.933 7.708 42.791 3 2.883 4.505 47.296 2.883 4.505 47.296 4 2.484 3.881 51.177 2.484 3.881 51.177 5 2.379 3.718 54.895 2.379 3.718 54.895 6 2.299 3.591 58.486 2.299 3.591 58.486 7 2.123 3.317 61.804 2.123 3.317 61.804 Extraction Method: Principal Component Analysis. a. Only cases for which Category = Admin are used in the analysis phase. Total Variance: Registrar 1 Total Variance Explaineda Initial Eigenvalues Compo nent 1 Tot al 6.2 28 2 2.0 07 3 1.2 13 4 1.0 83 % of Variance Extraction Sums of Squared Loadings Cumulative % of Variance Cumulative % Total % 47.911 47.911 6.228 47.911 47.911 15.440 63.351 2.007 15.440 63.351 9.332 72.683 1.213 9.332 72.683 8.327 81.010 1.083 8.327 81.010 Extraction Method: Principal Component Analysis. a. Only cases for which Category = Registrar are used in the analysis phase. Tables for the admin and registrar category respectively after performing the factor analysis are showing the communalities (in the last column),the explanation of the percentage variance by common factor and the heading row is showing the relative importance of these variables. For this purpose we June 27-28, 2012 Cambridge, UK 16 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 used the correlation matrix and principal component method of factor analysis without the rotation of axis, to easily interpret the results. A scree plot drawn for the two categories is also shown as under, which is in agreement to the above factor loading decision. Its arm is curving till 15th factor and after that it becomes straight which is a proof that first 15 factors are covering more than 80 percent variance of data. Scree Plot: Admin 1 The following scree plot is drawn for the registrar category using the facility of factor analysis to pictorially observe the most important factors which are explaining 97 percent of the variance present in the data. In the data there are seven most important components but we will restrict to the two most important factors which are explaining 60 percent data variance. June 27-28, 2012 Cambridge, UK 17 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Scree Plot: Registrar 1 Factor Interpretation and Profiling: After the analysis, the interpretation is done with the variables identification that has the highest loading on the same factor. And then discussion is carried out in terms of highest loading variables for admin and registrar category respectively; Factor 1: Factor loading values are highest for the variables, full time teacher/education level ratio, teacher/student satisfaction, and curriculum planning and assistant professor/permanent faculty ratio. The respective communalities values are satisfactory and are on average more than 70 percent are explained by extracted common factors. All these are the lead indicator and can be categorized in the “Internal process perspective” (Chen, Shun-Hsing and et-al (2004)). The other variables with higher loading extracted on the same factor can be neglected as their communalities values are lower as compare to others. Factor 2: The variables with highest loading on this factor and with the communalities power more than 68 percent are teacher/student satisfaction, students attending societies, full time/Part time teacher ratio and average graduation rate .The first three are the lead indicators and the last one is the lag indicator, so this can be profiled as “Customer satisfaction” (Chen, Shun-Hsing and et-al (2004)). June 27-28, 2012 Cambridge, UK 18 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Factor 3: Highest loaded factor with the communalities values which are explaining more than 67 percent are school/dept reputation and new student retention. These can be profiled as “Financial perspective “as the former is the lead indicator and the latter is lag indicator (Chen, Shun-Hsing and et-al (2004)). Factoral Graph: Admin 1 Factor Profiling 40 20 Series 1 0 Internal Process Perspective Customer Satisfaction Financial Perspective Registrar Category Factor 1: For the registrar category the first highest loaded factor with the variables are alumnus donation ratio, donation capital from business, return on investment (ROI), economic value added (EVA). Communality values for the factor are more than 84 percent. All these are the lag indicator falling under the same category so can be profiles as” Financial Perspective” (Chen, Shun-Hsing and et-al (2004)). Factor 2: Factor having the second highest loading is other expenses/total income ratio which is the lag indicator of “Financial Perspective” so can be profiled with the same name (Chen, Shun-Hsing and et-al (2004)). It has the communality power more than 89 percent. Factor 3: June 27-28, 2012 Cambridge, UK 19 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 The only factor having the highest loading is student entry method with the communality power 89 percent. It is the lag indicator of the “Financial Perspective “category so we profiled it with the similar name (Chen, Shun-Hsing and et-al (2004)). Factor 4: This factor also has the only variable average graduation rate which is the lag indicator so can be profiled as “Customer Perspective” (Chen, Shun-Hsing and et-al (2004)).its communality power is 74 percent as extracted by the common factor. Factoral Graph: Registrar 1 Factor Profiling 60 40 20 Series 1 0 Financial Financial Financial Customer Perspective Perspective Perspective Perspective Discussion: The analysis of the collected data by the education sector of Lahore has revealed many interesting results that in the education the most important factor is internal process perspective. The second most important is the customer perspective in terms of satisfaction and the last one is the financial perspective which is in fact after collecting data from the registrar category is the second most important factor in the education sector. We will discuss each of them in terms of culture and three important root causes behind every social problems; poverty, socio and religion. As majority university administration were agreed that education organization basic focus is on its internal strength and processes maturity. They believe that if an organization wants to compete in the market then it should have very well defined processes and smooth structure for the effective and efficient running of the whole performance system. The performance can only be collected in real terms if the employees working inside are satisfied that organization has the procedural justice and distributive justice June 27-28, 2012 Cambridge, UK 20 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 intact. The lead indicators” anterior symptoms of organization management” in the internal perspective as explored by the data are student/teacher satisfaction measures, curriculum planning and full time teacher qualification ratio etc. All these are relating to the strong evaluation system working inside the university and the planning strategy of the university representative that they believe that decision about these parameters are in the benefit of the university and can be defined as the most important for an academic organization. It also emphases that if the organization is good in defining its internal target and on their evaluation then it can easily cope with the outside competitive environment as suggested by the author that strategy based on strategic reflections and actions help organizations to cope with and effectively adapt to the future environment (Kriemadis, 1997). It is also believed that the higher education institutes main objectives are to offer comprehensive knowledge, seek educational growth, educate students and coordinate national development demands (Johnes and Taylor, 1990) so the organizations which have strong internal process perspective are said to be on the right direction where in the future they will be able to meet not only the market demand but also provide a skilled labour to the nation as well. We can expect that the organizations with a strong policy making and implementation systems are those as described by the above author. As analysis has shown strongly that the HEI’s are very much concerned about the student/teacher ration and also the qualification of the teaching resources, this in the agreement of the core university procedures which are mainly teaching, research and scholarship (Tang and Zairi, 1998).If HEI’s are focused on one aspect from the above then it is quite understandable that eventually HEI’s will be having all others university aspects incorporated in their respective organizations. Another author (Perkins (1973)) also threw light on the most important functions of a university: education, research and service. The second most important performance measurement indicator is financial perspective as indicated by the registrar and administration both. It covers many aspects of the university performance like alumnus donation and graduation rate along with typical financial indicators like return on investment and economic value added. It gives a very healthy approach to the policy maker that finances are not the only source for fund generation but there some other ways are also present which include the alumnus donation and representation in various activities to motivate new customers (admission) towards the particular organization. One must take care and should take necessary steps to include this thing as a policy part so that a new resource of fund generation can be created. It is also acknowledged by the author (Karname et al, 2004). In these words that higher education particularly is the most important source of knowledgeable and skilled people and is hugely recognized as the systematic approach towards building a rich human capital with the help of quality education and awareness to the challenges faced by the nation. So the organizations should not only focus on the traditional ways of generating funds but use their alumnus and June 27-28, 2012 Cambridge, UK 21 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 graduates as the face of the organization. Then they will be certainly not only getting the appreciation from the society but also a good source of fund raising. The third most important factor as recorded by the universities admin is the customer or stakeholder’s including students, parents, employees, teachers and shareholders perspective in terms of their satisfaction with the organization. They marked that in the performance evaluation parameter satisfaction of the customers play an important role. It can also be taken as some lead indicators of this perspective also serve as the lag indicator of the internal process and financial perspectives respectively so we can say that all the performance measurement indicators are interrelated. And customer satisfaction establishes the basics for the increase in finances and it stems from the internal maturity of the university’s processes. The indicators as explored are the department /school reputation, student participation in different societies, student/teacher ratio and cover the satisfaction of teacher/student. As it is believed that education organization is basically a social institution which trained individuals of the society mentally, physically, ideologically and amorally and enables them to be more aware and conscious about their mission, the purpose in life and better skilled them to achieve that purpose (Ahmad, 1993; p.37). If the customers and the stakeholders are more satisfied, they will be more energetic to pay back not only to the institute but also to the society. As author (King, 1995)described that in today’s knowledge based economy, higher education institutes can be taken as the hub for human resource development and play imperative role in the economic growth and development processes of countries. This post 9/11 phase is considerable to be very crucial for the Pakistan and country is passing through many critical phases since the starting of this war against terror. Education among many other sectors is also badly affected by the global changes directly and indirectly. Pakistan where the poverty rate is increased alarmingly as Pakistan total population in 2011 is approximately 170 million and it is forecasted that round about 40 percent of the population (70 million) will live in absolute poverty. Pakistan which is hit by the century worst flood last year. And people not only lost their lives but they left only with what they were wearing at that time. Pakistan where political and religious issues are getting stronger day by day, law enforcement situation is worrying and common masses are not expecting even a single good thing from the government. Then it is easy to understand how difficult it will be for a common Pakistani to bear the expenses of the study, the higher education institutes as an organization to carry out their business activities in this uncertain situations and ultimately targeting to the nation’s future. A famous saying in June 27-28, 2012 Cambridge, UK 22 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 this regard is , organizations without clear direction are considered as a ship without a rudder, whose fate is either getting crushed with a curved stone or going nowhere even if it pretends to. Another author (Khalid, 1998; p.14) also emphasized on the same that education is the reason through which self consciousness of the individuals developed who further develop the self consciousness of the nation. There exist many different views on the role of the higher education in the socio-economic development of any society. A research Ali (1997) concludes the same that stipulation of education and skilled manpower are the tool for the rapid economic development of a nation. So it is believed to be that if we really need a prosperous Pakistan then we must utilize all our resources to ensure that literacy rate is escalating with each passing day and that equal opportunities for education are available to all. We can say that the main reason behind majority of Pakistani nation problems is the high illiteracy rate. That is why common masses cannot identify what their fundamental rights are, how they have to deal with their religious emotions, what are the basic religious teachings. That is why it is thought to be that first HEI’s has the need to be internally strong enough, they should have their own culture, value system and structure so that they can make a distinction between right and wrong. As we have already discussed that customer and finances are of great importance performance measurement indicators. The reason is very understandable in Pakistan where inflation rate is increasing day by day. Consumer buying power is on reduction with no job security, utilities expenses are on increased and new opportunities for the earning are low, to meet educational expense is really a tough job. So it is very much important for the HEI’s to provide a quality education to their customers and also help them out in finding new ways of earning and establishing their careers after graduating from the organization. On the finances side because of the wrong policies of the government, it is equally difficult for both: institution and students to meet the financial obligations. That is they are placed side by side. In this competitive world where institutions are dealing with intense competition, it is important for the institutions to not only retail their students but provide them with different financial beneficial schemes so that they can easily complete their education. But for the institution, try to find out new source of fund generation to have a healthy financial ratios is also very crucial. As described by the (Donald (1984)) universities should establish Performance Measurement Indicators (PMIs) based on these functions to evaluate performance of related to resource allocation. To ensure that resource allocation inside the organization is according to the demand of the situation and if it fails, try to find out reasons of failure to avoid the future happening. June 27-28, 2012 Cambridge, UK 23 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Some scholars believed that an indicator represented a signal, which represented system performance (Spee and Bormans, 1992) so if we establish such performance system based on the above indicators then we can have detailed and good understanding about the organizational operational activities and also help us to find out the problematic areas of organization. Establishment of educational performance indicators focuses attention on the primary aspects of an education system. Moreover, if this indicator was designed strictly, it could also be used as a tool for public communication and education reform (Elliott, 1991). Hence, the proposed PMI should contain the following characteristics: A performance indicator should have a monitoring function (Fitz-Gibbon, 1996). A performance indicator should be quantitative (Cuenin, 1986). While we try to develop the academic scorecard based on these performance indicators we taken care of the following parameter that a performance indicator should be objective related (CVCP/UGC, 1986). The HEI’s score card should have the following functions: control and measure education quality; provide information to education policy decision-makers; provide references for education resources management and allocation; and provide each department with indicators of performance management. Therefore, there are two primary objectives of measurement: to assist universities in improving education quality; and, to help universities meet customer demands and achieve their responsibilities. In establishing this score card we took the main idea from the balance score card as author (Kaplan and Norton, 2001b) described its four perspectives: a) financial perspective, b) customer perspective, c) internal process perspective; and learning and growth perspective. BSC has already been widely employed in manufacturing, and service industries, non-profit and government organizations, etc. with excellent effects (Kaplan and Norton, 2001b). Kaplan and Norton (2001a, 2001b) also proposed that although financial performance is not the main target of the majority of government and non-profit organizations, the sequence of BSC visions can be rearranged and customer or stakeholder perspective moves on the top. An academic Score Card for the Higher Education Institutes Academic Score Card 1 Perspective Key Theme Internal Process Good Perspective KPI’s Targets Learning Establishment of excellent Full Environment service process time teacher/education level ratio Teacher/student June 27-28, 2012 Cambridge, UK satisfaction 24 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Curriculum planning Assistant professor/permanent faculty ratio etc Financial Good Perspective structure financial Escalating income School/dept reputation New student retention Alumnus donation ratio Donation capital from business Return on investment (ROI) Economic value added (EVA) Customer Harmony with Improve customer Teacher/student satisfaction Satisfaction customer satisfaction and department Students attending societies expectations image Full time/Part time teacher ratio Average graduation rate etc As the above score card is developed based on the data collected by the academic heads and is lacking in the learning and growth area over all so we will suggest that as discussed by the other author university’s main objectives also include the research field so the academic score card must incorporate this perspective to be a balanced approach towards the establishment of a performance measurement system. Conclusion and Recommendations This research is intended to explore the most important performance indicators in the higher education institutes of public and private sectors based at Lahore for the purpose of the development of an academic scorecard based on that KPI’s. The results shown that the in general understanding of performance measurement system of a higher education institute, learning and growth perspective is somehow neglected and not given enough importance as compare to the outer world. In other words our June 27-28, 2012 Cambridge, UK 25 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 institutions are still not realizing the need of a research based activities in the academic dilemma. As we believe that if we sharpen our student’s analytical abilities, give them opportunities and support to work on new ideas hence improving their creative skills as well then it will definitely help us to make our country progressive and having a rich skilled human capital. Learning and growth perspective have find some strong traces in the public sector but it is a real surprised to know that in general the public sector is far behind in this area. The reason for the public universities nourishment can be connected somewhere with the role of Higher education commission (HEC) of Pakistan. They no doubt has provided extensive funds to the public universities for the research and development and also generous enough with the private sector. But in private sector the problem is somewhere within the organization lies. So based on the above I will suggest an academic scorecard also incorporating the learning and growth perspective as an important part of performance measurement system of the higher education institutes. The proposed academic score card is; Suggested Academic Score Card 1 Perspective Key Theme Internal Good Process Environment KPI’s Targets Learning Establishment of excellent Full service process time teacher/education level ratio Perspective Teacher/student satisfaction curriculum planning Assistant professor/permanent faculty ratio etc Financial Good Perspective structure financial Escalating income School/dept reputation New student retention Alumnus donation ratio Donation capital from business Return on investment (ROI) Economic value added (EVA) June 27-28, 2012 Cambridge, UK 26 2012 Cambridge Business & Economics Conference with Improve ISBN : 9780974211428 Customer Harmony customer Teacher/student satisfaction Satisfaction customer satisfaction and department Students attending societies expectations image Full time/Part time teacher ratio Average graduation rate etc Learning & High Growth quality teaching resources of To promote the culture of Average variable cost/student research and innovation Perspective Paper published in journal per teacher PhD Ratio To conclude my research the final finding is as under; Future Research Directions: The future research on the above topic can be carried in the following areas; a) Scope can be broaden to the whole Pakistan b) Other factors like culture, value system of an area can also be incorporated to get the performance measurement indicators of higher education institutes June 27-28, 2012 Cambridge, UK 27 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 References Ahmed. (1993) Pakistan Main Taleem aur Niji Shouba. Mujalla Taleem, Institute of Policy Studies:Institute of Policy Studies. Ahmed.F.Siddiqi. ((Accepted for Publication)) Important determinents of Child Labour:A case Study of Lahore. American Journal of Economics and Sociology. Al-Turki U., Duffuaa S. PERFORMANCE MEASURES FOR ACADEMIC. Al-Turki U., Duffuaa S. (2003a) Performance measures for academic departments. International Journal of Educational Management 17:330-338. Al-Turki U., Duffuaa S. (2003b) Performance measures for academic departments. The International Journal of Educational Management 17:330-338. Ali A. (1997) Pakistan Today 1947 to 1997. Association P.E. (1999) Guide to a Balanced Scorecard Performance Management Methodology Burns N., Grove S.K. (1987) The practice of nursing research: Conduct, critique, and utilization, Saunders (Philadelphia). Burns N., Grove S.K. (2005) The practice of nursing research: Conduct, critique, and utilization WB Saunders Co. BURNS P.D.N., GROVE S.K. The Practice of Nursing Research: Conduct, Critique, and Utilization. Chen H.C. (1997) University Evaluation. Chen S.H., C. Y.C., Y S.J. (2006) Scorecard in the performance evaluation of higher education. The TQM Magazine 18 (2):190-205. Chen S.H., Wang H.H., Yang K.J. (2009) Establishment and application of performance measure indicators for universities. The TQM Journal 21:220-235. Chian F.M., Lee C.M. (2001) Development and Framework of National Education Indicator System. Modern Education Indicators. Hsue-Fu Culture. Chris P., & Walter, E. (2006) Insights from the Balanced Scorecard: Implementing the Balanced Scorecard at a college of business. Measuring Business Excellence 10 (3):15-22. Commander M.H. (2003) University evaluation. Retrieved from www.high.edu.tw/01/01.htm. Cormack D. (1991) The research process. June 27-28, 2012 Cambridge, UK 28 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Cuenin S. (1986) International study of the development of performance indicators in higher education. CVCP/UGC W.G. (1986) Performance Indicators in Universities: A First Statement by Joint CVCP/UGC, Working Group. Donald J.G. (1984) Quality indicator for faculty evaluation. Assessment and Evaluation in Higher Education 9:41-52. Druker P.F. (1990) Managing the Non-profit Organization: Principles and Practices. Duffuaa U.A.-T.S. (2003) Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Performance measures for academia departments. The International Journal of Educational Managemen 6:330. Duffy M.E. (1985) Designing nursing research: the qualitative quantitative debate. Journal of Advanced Nursing 10:225-232. Duffy M.E. (1987) Methodological triangulation: a vehicle for merging quantitative and qualitative research methods. Journal of Nursing Scholarship 19:130-133. Elliott E.J. (1991) Education Courts: An Indicator System to Monitor The Nation’s Educational Health. Acting Commissioner of Education Statistics, Washington, DC. Fitz-Gibbon C. (1996) Monitoring Education-Indicators, Quality and Effectiveness. Cassell, London. Foundation. A.I.E. (2004). American International Education Foundation. . George D., Mallery P. (2006) SPSS for Windows step by step: A simple guide and Reference Boston: Pearson Education, Inc. Gill A., & Lashine, S. (2003) Business education: A strategic market-oriented focus. International Journal of Educational Management 17 188-194. Govt.ofPakistan. (1998) National Education Policy (1998-2010). Ministry of Education, Islamabad. Govt.ofPakistan. (1998(a)) The Ninth Five Year Plan (1998-2003). Ministry of Education, Islamabad. Hair J.F., Anderson R.E., Tatham R.L., Black W.C. (2006) Multivariate analysis. Prentice-Hall, London. June 27-28, 2012 Cambridge, UK 29 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Hair Jr J.F., Anderson R.E., Tatham R.L. B.W.C. (1995) Multivariate data analysis: with readings Prentice-Hall, Inc. Hobeanu L.V. (2011) THE HUMAN RESOURCES AND EVALUATION MANAGEMENT IN THE ACADEMIC ENVIRONMENT. Journal of Advanced Research in Management 2. http://ardictionary.com/Performance/3914. Hubbard D. (1994) Can higher education learn from factors? Quality Progress 82:93-97. Johnes J. (1996) Performance assessment in higher education in Britain. European Journal of Operational Research 89:18-33. Johnes J., & Taylor, J. (1990) Performance Indicators in Higher Education. The Society for Research into Higher Education & Open University, Buckingham. Kaplan R., Norton D. (1992(b)) The balanced scorecard: Measures that drive performance. Harvard Business Review: On Measuring Corporate Performance 123-145,Boston, MA: Harvard Business School Press. Kaplan R., & Norton, D. (1993) Putting the balanced scorecard to work. Harvard Business Review: On Measuring Corporate Performance 147-181,Boston, MA: Harvard Business School Press. Kaplan R., & Norton, D. (1996) Using the balanced scorecard as a strategic management system. Harvard Business Review: On Measuring Corporate Performance 183-211.Harvard Business Review: On Measuring Corporate Performance Kaplan R.S., & Norton, D. P. (1992(a)) The balanced scorecard measures that drive performance. Harvard Business Review 70:71-79. Kaplan R.S., & Norton, D. P. (1996(a)) Linking the balanced scorecard to strategy. California Management Review 39. Kaplan R.S., & Norton, D. P. (1996(b)) The Balanced Scorecard: Translating Strategy into Action. Harvard Business School Press, Boston, MA. Kaplan R.S., & Norton, D. P. (2001(a)) The Strategy-Focused Organization: How Balanced Scorecard Companies Thrive in the New Business Environment. Harvard Business School Press, Boston, MA. Kaplan R.S., & Norton, D. P. (2001(b)) Transforming the balanced scorecard from performance measurement to strategic management: Part 1. Accounting Horizons 15:87-104. June 27-28, 2012 Cambridge, UK 30 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Kaplan R.S., & Norton, D. P. (2001(c)) Transforming the balanced scorecard from performance measurement to strategic management: Part II. Accounting Horizons 15:147-160. Kaplan S.R. (2002) The Balanced Scorecard and nonprofit organizations. Balanced Scorecard Report 14. Kettunen J. (2006) Strategic planning of regional development in higher education. Baltic Journal of Management 1:259-269. King R. (1995) What is higher education for? Strategic dilemmas for the twenty-first century university. Quality Assurance in Education 3:14-20. Lawrence J.J., & McCullough, M. A. (2001) A conceptual framework for guaranteeing higher education. . Quality Assurance in Education 9:139-152. Levin R.I. R.D.S. (1998) Statistics for management,Prentice Hall (Upper Saddle River, NJ). Lipe M.G., & Salterio, S. E. (2000) The balanced scorecard: Judgmental effects of common and unique performance measures. The Accounting Review 75:283-289. LIUHANEN A.-M. (2005) UNIVERSITY EVALUATIONS AND DIFFERENT: EVALUATION APPROACHES: A FINNISH PERSPECTIVE. Tertiary Education and Management 11:259-268. Martin Broad A.G. (2010) Internal performance management with UK higher education: an amorphous system? Measuring Business Excellence. Bradford 14:60-66. MBNAQ. (2004) Retrieved from www.usnews.com/usnews/edu/eduhome.htm. Meyer M.W., Gupta V. (1994) The performance paradox. Research in organizational behavior 16:309-369. Morse R.J., & Flanigan, S. M. (2002) How we rank schools. US News & World Reports. Retrieved from www.usnews.com/usnews/edu/college/rankings/about/02cbrank.htm. Musarat R., Sarwar S., Azhar M.S. (2011) Performance Improvement of Support Staff at Public Sector Higher Education Institutions (A case of IUB) Business Management and Strategy 2. Nelson B. (2003) Higher education: Report for 2003 to 2005 Triennium. Commonwealth Department Of Education. Niazi H.K. M.J. (2006) The Contribution of the Private Sector to Higher Education in Pakistan with Particular Reference to Efficiency and Equity. Bulletin of Education & Research 28:17-42. June 27-28, 2012 Cambridge, UK 31 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 Niven P.R. (2002) Balanced Scorecard Step by Step. Wiley, New York, NY. Pakistan E. (2009-2010). Perkins J.A. (1973) The University as an Organization. McGraw-Hill, New York, NY. Program B.N.Q. (2003) Education criteria for performance excellence. Baldrige National Quality Program. R S. (2002) A first course in probability. Pearson Education India. Records U.S. (1987) University Management Statistics and Performance Indicators: UK Universities. Sahney S., Banwet, D. K., & Karunes, S. (2004) Conceptualizing total quality management on higher education. The TQM Magazine 16:145-159. Spee A., & Bormans, R. (1992) Performance indicators in government institutional relations: the conceptual framework. Higher Education Management 4:139-155. Storrs G. (2010) Evaluation in development education: Crossing borders. Policy & Practice-A Development Education Review. Tang K., Zairi M. (1998a) Benchmarking quality implementation in a service context: A comparative analysis of financial services and institutions of higher education: Part II. Total Quality Management 9:539-552. Tang K., Zairi M. (1998b) Benchmarking quality implementation in a service context: A comparative analysis of financial services and institutions of higher education: Part II. Total Quality Management & Business Excellence 9:539-552. Tang K., Zairi M. (1998c) Benchmarking quality implementation in a service context: A comparative analysis of financial services and institutions of higher education. Part I: Financial services sector. Total Quality Management 9:407-420. Tang K.H., & Zairi, M. (1998) Benchmarking quality implementation in a service context; a comparative analysis of financial services and institutions of higher education: Part II. Total Quality Management 9:539-552. Tang Y. (2001) Describe higher education operation strategy analysis: use SWOT as example. Kao-Hosing University Education Journal 17:147-161. TOWN J.S. (2000) Performance or measurement? Performance Measurement and Metrics 1:4354. June 27-28, 2012 Cambridge, UK 32 2012 Cambridge Business & Economics Conference ISBN : 9780974211428 U.A.G I., Latif V.M. (2005) Higher Education in Pakistan: A Historical and futuristic Perspective. 2nd Edition National Book Foundation Islamabad. Vazzana G.S., Winter, J. K., & Winter, K. K. (1997) Can TQM fill a gap in higher education? Journal of Education for Business 73:313-316. W F Szeto P.C.W. (2003) Searching for an Ideal: A Cross-Disciplinary Study of University Faculty Performance Evaluation. Equal Opportunities International. Patrington 22:54-72. Wang P.C. (1993) Study on higher education performance indicator. Unpublished doctoral dissertation National University of Cheng-Chi, Cheng-Chi. West-Burnham J. (1994) Strategy, Policy and Planning, In T. Bush and J. West-Burnham (eds.). The Principles of Educational Management, Harlow, Longman. WorldBank. (2002) Higher Education in Developing Countries: Peril and Promise. http://www.tfhe.net/resources/pakistan.htm., searched on 11-10-2005. Yang C.C., & Chen, S. H. (2004) The establishment of performance indicators for the evaluation of higher education. Paper presented at 2004 Conference on Chinese Society for Quality, Kao-Hosing. ZAIRI K.H.T.M. (1998) Benchmarking quality implementation in a service context: A comparative analysis of financial services and institutions of higher education. Part III. Total Quality Management 9:669-679. June 27-28, 2012 Cambridge, UK 33
© Copyright 2026 Paperzz