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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 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.


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.


Small Business Management

Small Business Management
Author: Tim Mazzarol
Publisher: Springer Nature
Total Pages: 597
Release: 2019-11-21
Genre: Business & Economics
ISBN: 9811395098

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This textbook familiarises students with the theory and practice of small business management and challenges assumptions that may be held about the way small business management can or should adopt the management practices of larger firms. For students interested in establishing and managing their own small firm, this book helps them to focus their thinking on the realities of life as a small business owner-manager – both its challenges and its rewards. For postgraduate students that are keen to ‘make a difference’, this text enables them to understand how they might consult to small firms and assist owner-managers to establish and grow their ventures. In addition to students, this book is also useful to small business owner-managers as a general guide on how they might better manage their operations. Managers in large corporations and financial institutions who deal with small businesses as clients or suppliers, and professionals such as accountants, lawyers and consultants who provide advice and other services to small businesses will also find the book of interest.


Strategic Management in Small and Medium Enterprises

Strategic Management in Small and Medium Enterprises
Author: Farhad Analoui
Publisher: Cengage Learning
Total Pages: 0
Release: 2003
Genre: Business planning
ISBN: 9781861529626

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In most countries, statistics show that 99% of businesses are classified as 'small businesses'. In the UK alone, 99.8% of businesses employ less than 250 staff and these companies contribute more than a half of the UK's turnover. This new textbook goes where other strategic management texts have not and focuses on these small and medium size enterprises (SMEs), rather than focussing on large corporations and the actions of their CEOs. The authors consider how managers of small firms perceive the processes associated with strategic management, what decisions and actions they adopt to ensure competitive advantage, how business strategies are formulated and implemented in SMEs, and what the strategic role of entrepreneurship within small businesses is. They also discuss how SMEs should act for maximum competitive advantage, and consider the 'gap' between ideal theory and practice. This unique textbook will be essential for students on Small Business, Entrepreneurship and Enterprise modules at undergraduate and Masters level, and will also be useful on core modules in Strategy, Business Policy and Strategic Management at all levels.


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.


A Market-oriented Strategy for Small and Medium Scale Enterprises

A Market-oriented Strategy for Small and Medium Scale Enterprises
Author: Kristin Hallberg
Publisher: World Bank Publications
Total Pages: 40
Release: 2000-01-01
Genre: Business & Economics
ISBN: 9780821347270

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This paper investigates the economic rationale for intervention in support of small and medium scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rather than on any inherent economic benefits provided by small firms. The role of the state is mainly to provide an enabling business environment that opens access to markets and reduces policy-induced biases against small firms. Governments can accelerate the development of markets for financial and non-financial services suited to SMEs by promoting innovation in products and delivery mechanisms, and by building institutional capacity. Improving the development impact of SME strategies will require much more attention to the monitoring and evaluation of intervention outcomes.


Business Development: A Guide to Small Business Strategy

Business Development: A Guide to Small Business Strategy
Author: David Butler
Publisher: Routledge
Total Pages: 204
Release: 2012-05-04
Genre: Business & Economics
ISBN: 1136423907

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'Business Development' provides a readable and practical book for the growth and development of businesses. This is primarily a textbook for the NVQ4 Business Development qualification, the Institute of Management Certificate in Owner Management courses, and HND Small business modules, but the text is also an invaluable practical guide to owner-managers of small businesses. All businesses pass through several stages of growth and it occurs for a number of reasons, such as change in the commercial market, increased customer demand for services or product, higher numbers of customers. Business Development shows how to make the most of this growth and also how to deal with the different types of problems that are encountered along the way. The book is structured to follow a logical sequence of questions that makes it readily accessible: Where are we now? Where do we want to go? What resources are needed to get there? What sales and marketing policies do we need to develop? It examines the personnel and staffing implications, the efficiency of the current financial management process, and the owner's own abilities to make it all happen. Most important of all it makes the owner-manager takes a long, hard look at the business and where it is really going.


Strategy Case Studies

Strategy Case Studies
Author: Holly Hitzemann
Publisher: Cognella Academic Publishing
Total Pages:
Release: 2015-11-16
Genre:
ISBN: 9781634875486

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The anthology Small Businesses, Big Ideas: Global Case Studies in Strategy, Marketing, and Entrepreneurship introduces students to small businesses on four continents to help them understand the challenges inherent in running small businesses, as well as the strategies that lead to success. The book features an overview of each region along with an assessment of the small business landscape. Case study chapters open with an original introduction that helps students focus their reading. These chapters also include maps of the target region to contextualize the material and underscore the impact of geography. Students learn that small businesses account for the greatest part of the gross domestic product in most countries. They study general management, sustainable development, international expansion, stewardship issues, marketing, and the role of cultural issues - all with an emphasis on small businesses rather than major corporations. This knowledge prepares students for their own careers in small businesses. Small Businesses, Big Ideas is an excellent supplement for both undergraduate and graduate level courses in strategic management. It can also be used in classes in entrepreneurial studies, global management, and marketing.