This publication presents the results from the inaugural 2015-16, Management Capabilities Module (MCM), collected as part of the Integrated Business Characteristics Strategy (IBCS) suite of surveys.
The MCM will support international comparisons of management practices and the analysis of the impact of different levels of management sophistication on firm productivity and performance. Similar international surveys have collected information about the Manufacturing industry; the MCM is the first to collect this data for the whole economy.
Key indicators of management and organisational capabilities include:
- Key Performance Indicators (KPIs);
- use of data in decision making;
- strategic plans;
- supply chain;
- environmental management; and
- Principal Manager characteristics.
Data cubes containing detailed information related to the tables, graphs and commentary below can be found via the Data downloads section.
Key findings from the 2015-16 reference period include:
- More than two in five businesses (42%) monitored KPIs, with 79% of these businesses focussing on financial measures which included profit, sales, market share and return on investment. More than twice the proportion of innovation-active businesses monitored KPIs than non innovation-active businesses (57% compared to 26% of businesses).
- Two in ten businesses (20%) were significantly affected by environmental factors. The Agriculture, forestry and fishing industry recorded the highest proportion of businesses that were affected by natural disasters (35%) and high or increased resource costs (21%).
- More than a third of all businesses reported that their Principal Manager had completed a bachelor degree or higher (34%) and had management/business specialist skills (38%) in addition to their formal qualification.
- Four out of every five Australian businesses reported a male Principal Manager (80%). By industry, the highest proportions of male Principal Managers were recorded in the Construction (95%), and Mining (94%) industries. The Health care and social assistance industry recorded the highest proportion of businesses with a female Principal Manager (44%).
- The most commonly reported age range of Principal Managers in Australian businesses was 50 to 59 years old (30%). The most commonly reported age range for innovation-active businesses was 40 to 49 years old (29%).
- Proportions are of all businesses in each output category.