Search results

The purpose of this study is to examine the under‐researched subject of the role of mentoring relationships within and outside of organizational boundaries as individuals make the career transition from being a corporate employee to becoming an entrepreneur.

Using structured interviews, the authors collected data from 24 men and women in the financial services industry in the UK about their experiences in making the transition from a corporate organization to a new venture work context. All interviews were transcribed and systematic Nvivo coding was used.

Developmental relationships with structural, relational, and cognitive embeddedness were most likely to transfer from the individual's corporate workplace to their new venture. Support for both the recent literature on multiple mentors and for gender differences in the patterns of these mentoring relationships was also found.

This is the first published study to examine whether mentor relationships from previous corporate employment transfer to the protégé's new entrepreneurial venture and whether other types of relationships (e.g. coworkers, clients) are transformed into mentor‐protégé relationships after the career transition to entrepreneurship. It is also among the few studies to examine mentoring of entrepreneurs and gender differences in mentoring within the entrepreneurial work context.

The purpose of this paper is to examine how directors’ roles and social identities are shaped by gender and board life stage, using pre- and post-crisis Iceland as the setting. Recent theoretical work suggests the importance of directors’ monitoring and resource provision roles at certain board life stages; however, there is limited empirical evidence of directors’ identification with these roles as well as social role identification as a member of the board.

The authors contribute empirical evidence from interviews with 23 corporate directors in Iceland on individual identification with the director role of monitoring and resource provision, relational identification with the CEO role and social identification as a member of the board.

Prior to the crisis, male directors identified more strongly with resource provision and with their social roles and less strongly with monitoring roles. Compared to their male counterparts, pre-crisis female directors identified more strongly with monitoring and did not identify with their social roles. After the crisis, mature boards’ male director role identities were little changed; male directors continued to identify with resource provision and social identification, rather than monitoring, roles. Compared to pre-crisis, post-crisis female directors described greater identity with their resource provision roles and reported that male directors resented their attempts to fulfill their monitoring roles. In post-crisis, newly formed diverse boards, male and female directors reported very similar role identities which reflected balanced monitoring and resource provision roles, for example providing the board with ethical individual identities and unblemished reputations. The findings of this paper indicate that board composition and life cycle stage might have more impact on director identity than a pre- or post-crisis setting. These findings suggest implications for theory, practice and future research.

This paper provides further empirical evidence of the roles male and female directors identify with on corporate boards. Its originality lies in the context of the board work in terms of newly formed and mature boards, before and after the financial crisis, with differing gender composition (male-dominated and gender-balanced boards).

The purpose of this paper is to explore gender differences in the composition of entrepreneurs' networks at four new venture stages: discovery, emergence, young, and established.

The study used ANOVA and linear regression on a sample of 134 female and 266 male entrepreneurs.

Female entrepreneurs have significantly lower proportions of males in their social networks in early venture development stages, but similar levels at later stages.

Taken together, the findings suggest that, just as women in traditional organizations adapt social networks similar to men in order to succeed, their entrepreneurial counterparts build more “male‐oriented” networks as they proceed through venture phases.

This study uses a representative sample of male and female entrepreneurs to explore network composition at four distinct stages. The findings suggest that female entrepreneurs who are able to persist in the new venture process develop networks similar to their male counterparts.

Firms face uncertain environments characterized by shifting demographics, disruptive technologies, new industries and competitors, and other challenges. To survive the tumultuous landscape, firm managers “make strategy” by assessing the organization's internal and external environments, questioning assumptions about how the world works and deciding how the firm should operate. We refer to this activity as “forecasting the future” and provide insights from our recent study of 394 senior managers.

We review the history of scenario planning, from military strategies to Royal Dutch/Shell's analysis of the oil crisis in 1974 and the scenario planning process. From our survey of managers, we identify the major perceived benefits and weaknesses of scenario planning, and how managers forecast the future. We identify two dimensions of forecasting – formality and breadth – and review three modes of forecasting – formal, focused and intuitive – and compare to complexity and costs of formal scenario planning. We conclude with key learning points from our survey.

When making strategy through scenario planning and forecasting methods, managers need to: examine the validity of current market assumptions used to guide forecasting efforts; involve key stakeholders in a debate about and assessment of these assumptions; update strategic plans with forecasting process outcomes; and regularly review key hypotheses about market events and their performance impacts.

Senior managers must understand the biases in managerial forecasting behavior and to work with these, to support a mix of forecasting behaviors in an organization, to deliberately allocate forecasting resources to cover environmental sectors, to selectively use managers external to the organization, to utilize a variety of sources, and to align forecasting activities with the organizational strategy process.

The paper presents a succinct summary of existing research, including findings from the authors' recent research, for both researchers and practising managers.

Building on person‐organisation fit and gender self‐schema, this research aims to examine UK university final year students' perception of the importance of organisational attributes and their presence in three major graduate employers. This study also seeks to explore which organisational attributes attract Generation Y men and women to apply to a management trainee position.

In phase one, 32 repertory grid interviews identify 84 common constructs in undergraduates' organisational choice. A short list of 20 organisational attributes was carried forward to the phase two survey of 862 undergraduates in their final year at 22 UK universities. The respondents rate the attributes in terms of importance and then evaluate three employers in terms of perceived presence of these attributes. The students also provide the likelihood that they would apply. T‐tests, correlation and multiple regression are used to test hypotheses.

Among university students, the five most important organisational attributes are: “invest heavily in the training and development of their employees” “care about their employees as individuals” “clear opportunities for long‐term career progression” “variety in daily work” and “dynamic, forward‐looking approach to their business”. Sex differences exist in both the importance of organisational attributes and the perceived extent of their presence in three organisations. In describing an ideal employer, women rate eight attributes as more important than do their male counterparts: “really care about their employees as individuals” “variety in your daily work” “friendly, informal culture” “employ people with whom you feel you will have things in common” “use your degree skills” “relatively stress‐free working environment” “internationally diverse mix of colleagues” “require you to work standard working hours only”. Compared to women, men rate just one attribute as more important: “a very high starting salary”. The perception of presence of these important attributes is significantly linked to likelihood to apply.

Recruiting firms can better understand how Generation Y men and women graduates perceive the importance of organisational attributes and their presence in firms.

The paper represents a seminal study relating organisational attributes to likely applicant behaviour across a large number of UK university undergraduates.

This paper aims to explore the phenomenon of senior women managers leaving corporate organisations to start their own companies. Women's advancement to senior management roles is facilitated by the acquisition of human capital and social capital. Female ex‐corporate managers leverage personal accumulations of knowledge, skills, relationships and networks when starting and growing new ventures. A conceptual framework of “embedded career capital” accrued during past experiences and transferable to the individuals’ new entrepreneurial ventures is put forward.

Structured, in‐depth interviews with ten female entrepreneurs who recently left senior management positions in large UK corporations to start their own ventures support a spectrum from embedded career capital which is transferable and value‐creating to embodied career capital consisting of immobile, non‐rent‐generating accumulations.

Senior women managers leverage “embedded career capital”, human capital and social capital accumulated from past experiences, when founding and growing their own businesses. Embedded career capital is mobile and value‐generating to the women's new start‐ups. In contrast, embodied capital is not capable of generating rents outside the arena in which it was developed and not transferable to the new venture.

This exploratory study is based on ten interviews, and reveals practical implications for both senior women managers eager to advance their careers as entrepreneurs and companies keen to retain these women.

The results provide support for the new concept of embedded career capital. This paper is one of the first to examine how women account for the use of human capital and social capital in the transition from corporate management to own ventures.

This collection seeks to examine the various challenges women face in advancing their careers.

In the mid‐1980s, the phrase “glass ceiling” was coined and has since become an established part of our vocabulary. The glass ceiling refers to an invisible but impermeable barrier that limits the career advancement of women. During the last two decades, women have made progress: there are now more women in senior‐level executive jobs, more women in “clout jobs”, more women CEOs, and more women on corporate boards of directors. But real progress has been slow with only modest increases shown at these levels.

The slow progress made by talented, educated, ambitious women is now having some negative effects on women's views of management and the professions as a career. However, artificially limiting the career possibilities of women is a luxury organizations can no longer afford. Organizations are facing an impending shortage of qualified leaders. The aging of the workforce, a smaller number of new workforce entrants, and the war for talent, makes it imperative that organizations utilize and develop the talents of all their employees.

This collection examines the various challenges women face in their careers. The contributors come from a number of different countries, indicating the widespread interest in this topic in all developed and developing countries.

Using data from a sample of new high technology manufacturing start-ups in Korea, the purpose of this paper is to examine the multinationality-performance relationship of international new ventures (INVs) which are born regional in terms of exporting activities.

The paper estimates econometric models as both cubic and quartic fits between the degree of multinationality and firm performance of Korean INVs using a feasible generalized least square (FGLS) regression method.

It is found that the relationship between the INVs' degree of multinationality and firm performance is M-shaped, supporting the augmentation from the traditional S-curve fit applied to multinational enterprises (MNEs). In addition, in terms of performance implications, high technology manufacturing INVs perform better in their home region than in non-home regions when the degree of multinationality is mediocre or becomes very high. Finally, these findings hold for diverse performance measures.

This paper assesses if it is really needed to go beyond the S-shaped curve with a sample of INVs, and how much the addition of the fourth degree polynomial term may increase the empirical model's explained variance between the two model specifications.