ABCD Model Analysis: A Critical Validation Management Tool for Business Excellence Models

摘要

This paper introduces a new management tool for validation of business models using ABCD Model Analysis which is a new developed validation technique. ABCD can be thought of "Achievement Because Continuous Development". (Even though the ABCD stands for Analyse, Build, Check, and then Decide) the achievement here considered being the best decision that can be obtained to validate a business excellence model. The approach used in this paper is a Structural Equation Modelling and AMOS for building and validating the business excellence models. The design of ABCD Model Analysis is based on a new method of direct and/or indirect path valuation that divides relationships paths into categories based on ABCD alphabetical coding, and provide a systematic, sequential manner and logical view based on ABCD rule of thumb that enable the analysing process to take place with ease and accuracy prior to and during the validation process. The study shows that the ABCD Model Analysis is a very useful management tool for validation due to its systematic, simple, easy to remember, implement and to refine. In addition, the Path Analysis in the ABCD Model is a better version of the known Path Analysis techniques.