Preview

Strategy Making, Organizational Learning & Frim Performance in Smes

Powerful Essays
Open Document
Open Document
6817 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategy Making, Organizational Learning & Frim Performance in Smes
Strategy Making, Organizational Learning and Performance in SMEs
Author: Edward Gonsalves

Open University Business School & Visiting Lecturer, European Business School
The theoretical role of organizational learning in entrepreneurship strategy has been largely limited to in-depth case analysis both empirically and as method. Such developments reflect the diverse nature of entrepreneurial phenomena, definitional controversy over what constitutes entrepreneurship, the emergence of entrepreneurship as a semi-autonomous discipline within contemporary organizational inquiry and the competing demands of managerial, educational and industrial-policy interests. Secondly, learning approaches to entrepreneurial theory have in the main confined themselves to cognitive and experiential perspectives of knowledge as a source of value-creation. Nevertheless there is a growing consensus that frameworks, which seek to examine the role of organizational learning within entrepreneurship strategy research, are necessary. Mintzberg & Waters ' (1985) work on deliberate and emergent strategy formation is one of the central pieces of literature in what has been described as the 'process ' school of strategy. This paper adopts a process-based approach when examining entrepreneurship strategies. It elaborates a typology of strategy formation processes based on Mintzberg 's (1988) definition of strategy as a pattern in a stream of actions. The survey-based research reported is derived from a UK project (Gray & Gonsalves, 2002), and builds on the Mintzberg & Waters’ postulate that ‘emergent strategies imply learning that works’ to hypothesise a relationship between senior managers’ orientations to organizational learning, strategy making and environmental uncertainty. The paper cons iders the methodological debate within entrepreneurial studies by attending to the structure-agency debate as duality rather than dualism. The paper also argues that a multidimensional approach to



References: A complete set of references is available from the author. 4 Constructs as either form, or pattern, or multiple 'first-order ' dimension coalignment. (Doty & Glick, 1994) 16

You May Also Find These Documents Helpful

  • Better Essays

    The process of pursuing a new venture is embodied in the entrepreneurial process, which involves more than just problem solving in a typical management position ( Hisrich, Peters, & Shepherd,…

    • 999 Words
    • 4 Pages
    Better Essays
  • Best Essays

    Giffgaff Case Study

    • 1571 Words
    • 7 Pages

    Intrapreneurship, also referred as corporate entrepreneurship, is a key concept in this era of fierce market competition. The start-up philosophy applied to established companies positively promotes change and innovation by developing new ideas, procedures or products; this combination constitutes a motor for growth for existing firms and an essential strategy for success, as organisations need to adapt to the continuous changes of the markets to survive. Nevertheless, it is far from easy to implement entrepreneurial activities; the process presents some challenges and many ventures often fail in their way to success (Bridge et al. 2009)…

    • 1571 Words
    • 7 Pages
    Best Essays
  • Better Essays

    Great Italian Food

    • 1224 Words
    • 4 Pages

    Mintzberg, H., & Waters, J. A. (1985). Of Strategies, Deliberate and Emergent. Strategic Management Journal, 6(3), 257-272.…

    • 1224 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    The entrepreneurial process is a “set of stages and events that follow one another” (Nassif, Ghobril, & da Silva, 2010). The entrepreneur is the practitioner which owns or manages their a business at their own risk (Brixy, Sternberg, & Stuber, 2012) and possesses traits such as creativity, risk taking and change agents. The entrepreneur must also be familiar with the four steps of the entrepreneur process and has the ability to utilize this process effectively and efficiently. The entrepreneurial process consists of four steps which are interdependent with each other and yet each remains independent, this paper will examine those steps as well as their importance to the individual as well as at the…

    • 1157 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Innovation at HP

    • 4857 Words
    • 20 Pages

    References: 1. Michael Morris, Donald Kuratko, and Jeffrey Covin, 2007. Corporate Entrepreneurship and Innovation. 2nd Edition. Cengage/Thomson – Southwestern Publishing.…

    • 4857 Words
    • 20 Pages
    Good Essays
  • Best Essays

    Chell, E. and J. Haworth (1992). ‘The Development of a Research Paradigm for the Investigation of Entrepreneurship: some methodological issues’. Discussion Paper No. 92-26, School of Business Management, University of Newcastle upon Tyne.…

    • 2526 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Strategic entrepreneurship is taking entrepreneurial actions using a strategic perspective. Firms are engaging in simultaneous opportunity-seeking…

    • 2402 Words
    • 10 Pages
    Powerful Essays
  • Better Essays

    Cowboys Criminals

    • 5211 Words
    • 21 Pages

    One of the historic difficulties in the study of entrepreneurship is that the multiple constituencies who must work together to create change do not necessarily share the definition of opportunity. Often change affects power relationships, economic interests, personal networks, and even…

    • 5211 Words
    • 21 Pages
    Better Essays
  • Powerful Essays

    Porters Five Forces Amazon

    • 1288 Words
    • 6 Pages

    Bibliography: Harrison, J., Hitt, M., Hoskisson, R., Duane, R., (2008) ‘Competing for Advantage, Thomson South-Western, United States Johnson, G., Scholes, K., Whittington, R., (2011) Exploring Strategy, ninth edition. London: Prentice Hall Jones, G., Hill, C., (2004) Strategic Management: an integrated approach. New York: Houghton Mifflin Company Porter, M. (2001) ‘Strategy and the Internet’. Harvard Business Review, March Shane, S., (2003) A general theory of entrepreneurship: the individual-opportunity nexus. Cheltenham: Edward Elgar…

    • 1288 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Mintzberg’s Model

    • 2732 Words
    • 11 Pages

    The emergent model (modernist): In the emergent model, strategy is seen as emerging in the process of action. Strategy cannot (or only to some extent) be planned and is the outcome of the organization’s struggle to survive (cp. Darwinist ideas in Population Ecology) and the adaptation to certain internal and external influences. Strategy formulation and implementation are interdependent, strategy development happens on every level within the organization. Moreover, the realized strategy, the one observable in the marketplace, may differ considerably from the intended strategy (“it emerges”). The organization is viewed from a modernist perspective, interpreted as some form of organism (“living system”). The perspective corresponds to Mintzberg’s learning school and the power school, where strategy is the outcome of intensive discussions and the balancing of power relationships.…

    • 2732 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Mintzberg’s Ten Schools of Thought about Strategy Formation Model The Design School A process of conception Approach Clear and unique strategies are formulated. The internal situation of the organisation is used to match the external environment. Basis Architecture as a metaphor.…

    • 1241 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Shane, S & Venkataraman S 2000, ‘The promise of entrepreneurship as a field of research’, The Academy of Management Review, 25(1): 217-226…

    • 2552 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Honda

    • 1824 Words
    • 5 Pages

    Viki, T., (2014, March 12). On Strategies Deliberate and Emergent: A Corporates Startup Approach. Retrived from http://www.tendayiviki.com/blog/on-strategies-deliberate-and-emergent-a-corporate-startup-approach…

    • 1824 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    studies, and empirical efforts often lack formal hypotheses and rigorous methods. These findings suggest that social entrepreneurship research remains in an embryonic state. Future…

    • 1516 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    In addition, valueadded products from SMEs are expected to be worth RM 120 billion — or 50 per cent of total production — in the manufacturing sector by 2020.…

    • 311 Words
    • 2 Pages
    Satisfactory Essays