PhD PROPOSAL PRESENTATION
BY
OYEWOBI, Luqman oyekunle
Department of Construction Economics & Management
Benchmarking framework for SMEs October 2012

SMEs within this context mean small and medium-sized
construction enterprises.

SMEs are pretty difficult to define due to many factors
involved and the incongruence that characterised their
nature (Hudson, 2001)

Different countries have different definition for what SMEs
represent (Hudson, 2001; Wu, 2009; Thassanabanjong et
al., 2009; Mirbargkar, 2009) many adopt annual turnover,
number of employees or asset to define size for
classification of firms.
Benchmarking
Benchmarking
framework
framework
for SMEs October 2012
Table 1: SMMEs CLASSIFICATION
Size
Full-time
Total
equivalent annual
of paid
turnover
employee (Million)
s
Medium
51-200
ZAR26.00
Small
21- 50
ZAR 6.00
Very small 6 - 20
ZAR 3.00
Micro
ZAR 0.20
1–5
 Small
and
medium
enterprises
(SMEs)
comprise 91% of all formal
business entities in the
South Africa,
 employ
61%
workforce and
of
the
 contribute between 52-57%
to GDP
Source: South Africa (2003)
Benchmarking
Benchmarking
framework
framework
for SMEs October 2012
Benchmarking framework
Organisation Environment
Exogenous Strategic
factors
Organisation Mission Statement
Performance measurement system
to Identify Key Performance
Indicators using SWOT
Balance Scorecard
Strategic
objective/planning
BEM
European Foundation
for Quality
Management (EFQM)
Endogenous Strategic
factors
Organisation
Corporate/Business
Plan
Malcolm Baldrige
National Quality
Award (MBNQA)
Performance Management System
Organisational
Performance
Measurement Results
Management of
Organisation‘s
Performance
Benchmark
Organisation Best
Performance
ORGANISATION’S MANAGEMENT/EXECUTIVE ASSESSMENT & REVIEW FOR IMPROVEMENT
Figure 2: CONCEPTUAL THEORETICAL FRAMEWORK FOR CORPORATE PERFORMANCE MEASUREMENT SYSTEM FOR SMEs
Benchmarking framework
Benchmarking framework
Benchmarking framework