Search results

1 – 10 of over 5000
Article
Publication date: 2 March 2015

Debadutta Panda

– This paper aims to study the growth determinants of small-sized agro-based firms in the Indian agro-industry.

Abstract

Purpose

This paper aims to study the growth determinants of small-sized agro-based firms in the Indian agro-industry.

Design/methodology/approach

The stratified random sampling method was used to collect information from sample agro-firms. A structured pretested questionnaire was designed to collect required data. Descriptive statistics and multivariate technique were used to analyze the data.

Findings

The major determinants of firm growth were firm size, managerial networking intensity, skill development of employees, product diversification and market integration. Employee skill development was found to be a significant predictor of firm growth in slow-growing firms, but held as a weak predictor of growth in fast-growing firms; whereas, use of information technology was a significant growth predictor in fast-growing firms and an insignificant growth predictor in slow-growing firms. To attain growth, small-sized agro-based firms should move from a traditional product-focus strategy to a flexible market-focus strategy.

Research limitations/implications

This study engaged a small sample size and focused only on the determinants of firm growth in the agro-industry, and mapped number of firm growth predictors. The implication of this study encourages more specific investigations with large samples, i.e. how each determinant influences firm growth in the agro-industry.

Practical implications

The study outcome would help agro-enterprises in designing strategies and aligning their current strategy with the desired strategy for firm growth.

Social implications

Policy makers especially engaged in self-employment and enterprise development can use the study outcome for policy planning.

Originality/value

In recent years, the electronic and computer industry in India has developed and reached to an unexpected height. The agro-industry, in contrast, is still struggling due to its inherent weakness and external threats. The need of the hour is to expedite firm-level competitiveness, managerial excellence and business strategy for growth and survival. Therefore, the present study based on survey data adds value to the firm growth strategies in the agro-industry.

Details

International Journal of Commerce and Management, vol. 25 no. 1
Type: Research Article
ISSN: 1056-9219

Keywords

Book part
Publication date: 31 December 2010

The following is an introductory profile of the fastest growing firms over the three-year period of the study listed by corporate reputation ranking order. The business activities…

Abstract

The following is an introductory profile of the fastest growing firms over the three-year period of the study listed by corporate reputation ranking order. The business activities in which the firms are engaged are outlined to provide background information for the reader.

Details

Reputation Building, Website Disclosure and the Case of Intellectual Capital
Type: Book
ISBN: 978-0-85724-506-9

Article
Publication date: 1 December 2000

Kevin Mole

The paper questions aspects of the UK government’s policy to target small firm support on fast‐growing firms – to maximise its employment impact. The paper explores the tension…

1554

Abstract

The paper questions aspects of the UK government’s policy to target small firm support on fast‐growing firms – to maximise its employment impact. The paper explores the tension between advice likely to increase growth and risk‐taking and advice likely to ensure firm survival in the turbulent small and medium‐sized enterprises sector. The research data derive from 24 semi‐structured interviews and a group interview of ten business advisers in the West Midlands region collected between autumn 1996 and spring 1997, and a national survey of 175 Business Link personal business advisers (PBAs) conducted in April 1998. Interviewees responded to a prompt asking for advice to a fast‐growing firm. The paper compares qualitative interview responses from a wide variety of West Midlands business advisers with questionnaire responses from PBAs. The paper suggests that the advice given by accountants and bank managers differs little from that given by Business Link’s PBAs. The paper will argue that advisers including PBAs, offer risk‐averse advice and support to small firms. Present business advice might reduce insolvency rather than increase the number of fast‐growth firms. The risk‐averse nature of advice, reflecting the adviser’s clientele, undermines policies designed to increase the number of fast‐growth companies. It concludes that advice will often be inconsistent with the growth‐oriented aim of government policy.

Details

Journal of Small Business and Enterprise Development, vol. 7 no. 4
Type: Research Article
ISSN: 1462-6004

Keywords

Article
Publication date: 14 September 2010

Wang Haisu and Fang Zhongxiu

The paper aims to examine the similarities of fast‐growth private enterprises (PEs) in China with particular focus on enterprises listed on growth enterprises market in order to…

503

Abstract

Purpose

The paper aims to examine the similarities of fast‐growth private enterprises (PEs) in China with particular focus on enterprises listed on growth enterprises market in order to draw managerial implications for other PEs.

Design/methodology/approach

The paper looks at the release effects of intangible assets in PEs. It examines the excavation effects of preferential policy on PEs and goes on to discuss the agglomeration effects of the inherent advantages of these.

Findings

The paper argues that the fast growth of PEs in our sample was attributable to three main factors, i.e. benefits of intangible assets marketisation, shrewd use of government preferential policies and technological and managerial capabilities.

Practical implications

This research calls for the Chinese Government to adjust relevant policies to create a fair and competitive environment for enterprises with different ownerships and different scales.

Originality/value

The paper highlights the fact that the social and economic conditions of China in the post‐transition period have changed greatly and that the Chinese Government needs to clarify and define the existing characteristics and functions of enterprises and improve their service‐oriented functions.

Details

Journal of Chinese Entrepreneurship, vol. 2 no. 3
Type: Research Article
ISSN: 1756-1396

Keywords

Article
Publication date: 1 July 2022

Zulhamri Abdullah, Chinedu Eugenia Anumudu and Syed Hassan Raza

This study aims to examine the current state of mission and vision statements on the company websites of fast-growing Malaysian and Singaporean small- and medium-sized enterprises

Abstract

Purpose

This study aims to examine the current state of mission and vision statements on the company websites of fast-growing Malaysian and Singaporean small- and medium-sized enterprises (SMEs) and analyze how these attributes are functionally used to build a distinct digital organizational identity.

Design/methodology/approach

The content analysis method was used to examine the similarities and differences among 170 Malaysian and Singaporean-selected SMEs based on Aaker’s five brand personality scales.

Findings

The findings demonstrated that there were explicit discrepancies between Malaysian and Singaporean SMEs in the applications of brand personality attributes. The findings also identified an increase in communicating mission and vision statements on the websites of both Malaysian and Singaporean SMEs. This emphasizes the need for Malaysian and Singaporean companies to intensify their efforts to develop a notable digital organizational identity.

Research limitations/implications

This study endeavors to provide novel insights into the digital communication practices of SMEs in building digital organization identity based on brand personality elements. Therefore, this study theoretically advances Aaker’s brand personality framework by incorporating digital organizational identity as a concept of Aaker’s brand personality from the SME perspective. This study contributes to the organizational identity literature by highlighting the need for these SMEs to integrate brand personality dimensions to compete with leading global companies.

Practical implications

The findings indicate that managers of SMEs can develop a unique digital organizational identity by communicating their vision and mission statements on their websites as a strategic asset for sustaining corporate reputation.

Originality/value

To date, little is known about the inevitable adaptation and application of communication that occurs when using digital means to develop a digital organizational identity. To the best of the authors’ knowledge, this is the first study to establish how Asian SMEs communicate their unique brand personality through websites to build their digital organizational identity.

Case study
Publication date: 17 October 2012

Huang Gui, Fu Chunguang, Chen Jingli and Pan Minting

This case is suitable for undergraduates, MBA students and students from business administration departments in the teaching of human resources management and performance…

Abstract

Study level/applicability

This case is suitable for undergraduates, MBA students and students from business administration departments in the teaching of human resources management and performance management.

Case overview

Luodian Electric Power Construction Corporation Group (LEPCC Group) is a state owned enterprise transformed from a construction unit of Luopu Power Supply Bureau (LPSB), a governmental organization in charge of all the electricity supply in Luopu City. The general manager of LEPCC, Gu Ming tried to set up a modern market-oriented management system for LEPCC. Unfortunately the problems that had accumulated in the past two decades during which LEPCC was a governmental organization made his reforms very difficult. The first headache for Gu Ming was the performance appraisal reform in LEPCC. The existing performance appraisal system seemed to have at least three problems in practice: unclear appraisal objectives, an improper assessment system, a different appraisal standard for similar positions. What should Gu Ming do to build a proper performance appraisal system to help the fast-growing LEPCC Group to make LEPCC a competitive market-oriented player?

Expected learning outcomes

The first objective of this case is to enable students to understand that the issues of working performance are issues of people first, rather than issues of the management system. If the management focuses on the system instead of on the staff of the company to design the performance management system, the system will be fruitless and inefficient. The second objective is to cultivate students' capability to apply the basic theories of human resource management and the knowledge of performance appraisal in case analysis and practical management. This case, seemingly about performance appraisal, is in fact about the organizational structure and processes of the organization. Reform should start with organizational analysis, job analysis and job descriptions. Only when all these have been done correctly, can the performance management system be designed more reasonably, scientifically and efficiently.

Supplementary materials

Teaching notes are available; please consult your librarian for access.

Article
Publication date: 7 January 2014

Mohamed Behery, Fauzia Jabeen and Mohammed Parakandi

The purpose of this qualitative research is to explore the characteristics and issues related to the transition of a UAE-based fast-growth small-to-medium enterprise (FGSMEs) from…

4648

Abstract

Purpose

The purpose of this qualitative research is to explore the characteristics and issues related to the transition of a UAE-based fast-growth small-to-medium enterprise (FGSMEs) from the traditional performance management system (PMS) to a modern PMS through a design of a potential balanced scorecard (BSC) and strategy map for the company.

Design/methodology/approach

The study was conducted in one of the FGSMEs that serves more than 16,000 farmers across the United Arab Emirates (UAE). A qualitative case study methodology was used in this study. The focus was on “how” questions and exploratory analysis of primary and secondary data supported by in-depth interviews with senior managers.

Findings

This research highlights the adoption of a new, more proactive performance management accounting – the BSC. It was found that the BSC initiatives already exist in the company but not clearly linked together and directed toward the effective implementation of BSC system. It was found that these initiatives were initiated by the interests of different work units but not properly integrated as one whole company system. Such initiatives if integrated together and aligned with the overall objectives and strategies of the company can facilitate the comprehensive adoption of the BSC system and maximize the possibility of achieving better measurement and management of organizational performance.

Research limitations/implications

The study was limited to the UAE and it focussed exclusively on a single fast-growing enterprise. The results presented may not suitable to be generalized or extended to other contexts.

Practical implications

Our study highlights the need for better understanding of the use of non-traditional-measurement mechanisms like the BSC, that may substitute for the roles of financial-based performance measurements and lead to superior performance to our case company. This study suggested that many of the roles played by traditional performance management can be substituted by, or supported by other mechanisms at the corporate level like the BSC system and the detailed design of a potential BSC and strategy map for the company will act as a guide to help in bringing the modern performance management techniques and tools into the other Eastern FGSMEs also.

Originality/value

The paper contributes to the literature by being one of the first to study contemporary PMS within a middle-eastern context.

Details

International Journal of Productivity and Performance Management, vol. 63 no. 1
Type: Research Article
ISSN: 1741-0401

Keywords

Article
Publication date: 1 March 2005

G. Packham, C.J. Miller, B.C. Thomas and D. Brooksbank

Entrepreneurship and small business development has been subject to a considerable amount of academic speculation. Previous studies contend that small fast growth firms are more…

Abstract

Entrepreneurship and small business development has been subject to a considerable amount of academic speculation. Previous studies contend that small fast growth firms are more likely to have developed or acquired managerial practices in areas such as human resource management, finance and marketing. Despite this evidence there is little known as to why growing construction firms adopt key management practices. This paper examines how small growth oriented construction firms have adopted management practices to sustain growth. A group interview technique was utilized to examine the management development process within small construction firms in the South Wales area. The research revealed that while management practices such as marketing, financial management and planning had been implemented to facilitate growth, the importance of these practices often varied across firms. Nevertheless, firms that continued to be growth oriented were more inclined to consider the strategic benefits that certain practices provide. Based on these findings the paper concludes that management training initiatives aimed at improving firm development in the construction industry must be tailored to fit the strategic goals of the firm if they are to engender sustainable growth.

Details

Construction Innovation, vol. 5 no. 1
Type: Research Article
ISSN: 1471-4175

Keywords

Book part
Publication date: 24 August 2022

Preetam Gaikwad

Research on high-growth firms (HGFs) or gazelles is expanding due to their significant contribution to job growth and economic development. However, the knowledge about the…

Abstract

Research on high-growth firms (HGFs) or gazelles is expanding due to their significant contribution to job growth and economic development. However, the knowledge about the conditions and factors that set these firms on their rapid growth trajectory remains fragmented. Therefore, this chapter provides an abreast inventory of the surging gazelle studies by systematically reviewing the international gazelle growth literature and consolidating firm-level, industry-level, and macroeconomic-level growth factors and their interactions as elaborated in the studies. Based on the review of 62 international empirical studies, this chapter finds that the gazelle growth is complex and multidimensional in its scope and nature. The firm’s growth intention and entrepreneurial nature emerge as necessary but not sufficient conditions to guarantee rapid growth as it results from the impact of and interaction between various firm-level and external factors. The different growth-influencing factors are summarized using a theoretical gazelle growth model, which supports the rare and temporal nature of the gazelle growth.

Details

The Promises and Properties of Rapidly Growing Companies: Gazelles
Type: Book
ISBN: 978-1-80117-819-8

Keywords

Article
Publication date: 14 November 2016

Valerie Antcliff, Sue Baines and Elizabeth Gorb

The purpose of this paper is to offer an employer perspective on the value of degree apprenticeships (DAs) less than a year after the first apprentices commenced their studies for…

720

Abstract

Purpose

The purpose of this paper is to offer an employer perspective on the value of degree apprenticeships (DAs) less than a year after the first apprentices commenced their studies for a bachelor’s degree in September 2015.

Design/methodology/approach

This case focusses on one of the first DAs in the UK. It draws on evidence from interviews with HR professionals responsible for the DA in two contrasting companies, an international PLC and a smaller, fast growing enterprise.

Findings

Both employers consider that the DA meets recruitment needs in ways that other options do not. They particularly value the ability of apprentices to make an immediate contribution in the workplace. For the smaller employer the university support structures are a significant advantage. Only the larger employer formally input into the curriculum prior to validation but both feel they can tailor content to suit their needs. Both see investing in the DA as excellent value for money.

Practical implications

The value of strong relationships, trust and ongoing dialogue between partners emerges as a key component in fulfilling the need of employers.

Originality/value

The DA model recasts employers as the purchasers of higher education and affords them a key role in developing provision tailored to their needs. Implications of this new model for employers, universities and learners are potentially profound and hard to predict. This case study is based on part of the early stage of a three-year research programme. It provides a unique, early insight into two employers’ rationales for engaging with the DA programme and their initial experiences.

Details

Higher Education, Skills and Work-Based Learning, vol. 6 no. 4
Type: Research Article
ISSN: 2042-3896

Keywords

1 – 10 of over 5000