The Relationship between Strategic Performance Measurement System and Managerial Work Performance of Co-operatives in Malaysia

Performance measurement system has been recognized as critical factor for the effective and efficient management tool in competitive environment. The main research purpose is to investigate the current practices of strategic performance measurement system as well as to identify the level of managerial work performance among 100 best co-operative in Malaysia. This research also examines the relationship between strategic performance measurement system and managerial work performance. The selection of the sample is comprised the chairman, secretary, treasurer, manager and two members of the co-operative board among 100 best co-operative in Malaysia. The result indicates that the level of managerial work performance among 100 best co-operative in Malaysia is at the high level. Moreover, the correlation between strategic and managerial work performance among these co-operative shows that there are significant relationship between these two variables. The implication of the research findings in this study are co-operatives that have effective performance measurement system and use it as an internal control that is effective in their operations show that they are always be able to measure their performance. High performance in co-operative activities gives the impression that the management effectively and efficiently can manage their corporation. The goal of the co-operative cannot be achieved if there is low level performance of the management in the corporation.