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Strategy and Small Firm Performance

Strategy and Small Firm Performance
Author: P. Gibcus
Publisher:
Total Pages: 75
Release: 2003
Genre: Business planning
ISBN: 9789037108767

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The Strategy of Small Firms

The Strategy of Small Firms
Author: Tim Mazzarol
Publisher: Edward Elgar Publishing
Total Pages: 400
Release: 2009
Genre: Business & Economics
ISBN:

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The majority of businesses throughout the world are small firms and they play a crucial role in the economic growth of the world's economies. The authors offer a conceptual framework supported by their own original case study data to explain how and why a small firm should approach strategic planning.


Strategy Formulation in Entrepreneurial Firms

Strategy Formulation in Entrepreneurial Firms
Author: Azhdar Karami
Publisher: Routledge
Total Pages: 225
Release: 2016-04-01
Genre: Business & Economics
ISBN: 1317049330

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This book is concerned with strategy formulation issues in the relatively neglected field of entrepreneurial firms. It raises questions, such as what is the strategic role of entrepreneurship in small businesses? How does the top management in small firms perceive the processes associated with strategy formulation? How are business strategies formulated and implemented in SMEs and importantly, are there lessons that can be learnt by large corporations from the smaller ones? Using a sample covering a wide range of entrepreneurial firms in the UK, the author addresses the lack of strategic thinking in the management of small firms and provides recommendations for effective strategic management processes.


The difference of strategy formulation in small and large firms

The difference of strategy formulation in small and large firms
Author: Diana Ruthenberg
Publisher: GRIN Verlag
Total Pages: 11
Release: 2009-09-14
Genre: Business & Economics
ISBN: 3640426762

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Essay from the year 2004 in the subject Business economics - Business Management, Corporate Governance, grade: 1,9, University of Plymouth, course: Bachelor Abschlussjahr, language: English, abstract: This report aims at explaining the differences between the strategy formulation of small and large firms, by examining major factors directly influencing the management and the strategy formulation within a firm. This analysis indicates that strategy formulation in large firms is a very formal process handled by top executives especially dedicated to this process. Small firms in contrast often suffer from a lack of resources and managerial skills. As a result, in small companies, the importance of strategy is often underestimated and not worked out with sufficient accuracy. This leads to a company’s performance often remaining under its market opportunities.


Innovation Strategies and Performance in Small Firms

Innovation Strategies and Performance in Small Firms
Author: John Russel Baldwin
Publisher: Edward Elgar Publishing
Total Pages: 394
Release: 2003
Genre: Business & Economics
ISBN: 9781781009703

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Features of the volume: comprehensive strategic profiles representative of small-firm populations; information from business surveys and administrative data sources for a better understanding of how strategies and activities relate to firm performance; and an exploration of how small-firm strategies and activities vary across a diverse range of operating environments- from manufacturing to services to science-based environments.


Strategy and Superior Performance of Micro and Small Businesses in Volatile Economies

Strategy and Superior Performance of Micro and Small Businesses in Volatile Economies
Author: Carvalho, João Conrado de Amorim
Publisher: IGI Global
Total Pages: 389
Release: 2019-02-08
Genre: Business & Economics
ISBN: 1522578897

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Companies operating in countries with volatile economies face an environment subject to turbulence. It is important to understand how these companies can overcome adversity, establish competitive advantage, and achieve superior performance. The selection of competitive drivers can help to improve the ability to capture, process, and manage information that can generate knowledge and innovation in products and processes, as well as increase strategic capacity and organizational performance. Strategy and Superior Performance of Micro and Small Businesses in Volatile Economies focuses on the ways that organizations capture information and disseminate it in their work teams, transforming this knowledge into innovative products and services that establish competitive advantage. It will improve the understanding of the role of strategy, innovation, entrepreneurship, and the effort to reduce poverty levels in societies with volatile economies and which are subject to serious social disparities. Highlighting topics such as economic development, market performance, and network economy, this publication is designed for managers, entrepreneurs, business professionals, academicians, researchers, and students.


Strategies, Uncertainty and Performance of Small Business Startups

Strategies, Uncertainty and Performance of Small Business Startups
Author: Marco van Gelderen
Publisher:
Total Pages: 0
Release: 2012
Genre:
ISBN:

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Personal strategies of owners/founders of small business startups are related to performance and to environmental uncertainty. This is done using a longitudinal data set of some 50 Dutch startups. The results suggest a dynamic process between strategy and performance.A discrimination is made between four strategies (reactive, critical point, complete planning and opportunistic). The role of uncertainty is discussed. The dynamic process is embedded in the PERSUADE model.


Firm Performance as a Function of Entrepreneurial Orientation and Strategic Planning Practices

Firm Performance as a Function of Entrepreneurial Orientation and Strategic Planning Practices
Author: James W. Kroeger
Publisher:
Total Pages: 154
Release: 2007
Genre: Business enterprises
ISBN:

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New business creation is essential for our nation's economy and accounts for all net new job creation. However, 56% of small businesses fail within four years of startup. One way to address this issue is to employ an approach combining an entrepreneurial orientation (EO) with key strategic management planning practices for firms seeking to gain a competitive advantage and improve firm performance. Entrepreneurial orientation is the propensity of firms to be innovative, proactive, and be willing to take risks. This research project empirically investigated the relationship among a firm's scanning intensity, locus of planning, planning flexibility and entrepreneurial orientation and firm performance. The sample for this research involved the owners and principal managers of Northeastern Ohio small businesses. Results indicate that a firm's entrepreneurial orientation is positively related to firm performance. However, the positive relationship between strategic planning processes and firm performance was not supported. Environmental uncertainty was shown to have an effect on the relationship between entrepreneurial orientation and performance.


Handbook of Research on Strategic Management in Small and Medium Enterprises

Handbook of Research on Strategic Management in Small and Medium Enterprises
Author: Todorov, Kiril
Publisher: IGI Global
Total Pages: 538
Release: 2014-04-30
Genre: Business & Economics
ISBN: 1466659637

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As the global economy continues to develop and new entrepreneurs take advantage of emerging markets, the small business sector plays a greater role of economic development in the international arena. The Handbook of Research on Strategic Management in Small and Medium Enterprises contributes new research to the current array of literature on small business management under diverse geographic, economic, and socio-cultural conditions. By exploring existing theories in tandem with fresh viewpoints, this book will serve as a valuable reference to students, lecturers, researchers, entrepreneurs, and policy makers investigating the use of strategic management in various scenarios and situations.