KPI mapping for small businesses- sustainable competitive advantage: Electrical engineering sector - electrical equipment
Small business operations drive approximately 43.5% of economic development within the United States. The impact of key performance indicators (KPIs) on achieving long-term competitive advantage represents the central discussion of this article which analyzes small business performance in electrical engineering. The research analyzes historical data combined with existing market patterns and import numbers and projected revenue development in the electrical equipment sector to reveal boosts in local manufacturing potential. Industry analysis through Porter's Five Forces gets priority in this article while it examines competitive strategies including cost leadership and differentiation with focus strategies and their potential risks. The article introduces KPI mapping as a strategic tool that helps reduce strategic complexities while improving departmental control over efficiency, quality, innovation, and customer responsiveness of technology quality control logistics and sales departments. Business intelligence solutions to track key performance indicators are analyzed in detail in the context of electrical equipment manufacturing together with actionable intelligence for small businesses competing in the market.
Authors
- Shireen Bojja
Publication Details
- Journal
- International Journal of Science and Research Archive
- Published
- 2025-02-18
- DOI
- https://doi.org/10.30574/ijsra.2025.14.2.0417
- Primary Topic
- ICT Impact and Policies
- Type
- article
- Field-Weighted Citation Impact
- 0.00