Pub Date : 2017-03-13DOI: 10.4172/2169-026X.1000208
Elvis Asiedu, Patrick Dede Nyarkoh
Business Creation is something that does not come into being on its own; but it emerges from people who see a need for service or product in a society, with that desire to be self-employed and rise above, and use that opportunity. These individuals are dedicated people who are willing to absorb all their time, passion, and money in the work they have created to ensure business growth and success. Though these entrepreneurs operate in a condition where costs may be known but rewards are uncertain, yet they are motivated and the question here is; what really drives the performance to engage in such entrepreneurial activities? The general results show that though individuals motives for seeking self-employment are diverse and numerous; and differ on certain points. However, there are some basic motives common to all and that is majority of the respondents with the average score of 63.3% supported that Economic Mobility, Financial Independence, Success Perspective, and Social Factor, are the most driven factors for the engagement in transnational entrepreneurship. It was also discovered that the success of these entrepreneurs are based on attitudinal, the degree of embededdness in the home country, personal and the institutional regulations of the destination countries. The results found that Ghana Transnational Entrepreneurs are more into Merchandising Business with (59.21%) as compared to Service Business (34.21%) and Manufacturing Business (10.53%). The results also disclosed that, in Ghana, transnational entrepreneurs businesses are managed and run mostly by their families (59.21%). Ashanti Region of Ghana was spotted to be more involved in doing business with 52.63%. The research employed both deductive and exploratory approach and the methods were both primary and secondary. The study focused on small-scale entrepreneurs who run their businesses through personal social connections. The research is subjected to the bias of the respondents, therefore, 100% accuracy cannot be guaranteed.
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Pub Date : 2017-02-24DOI: 10.4172/2169-026X.1000207
Puranik
In his genre-defining book titled “Leadership”, James MacGregor Burns made striking mentions of ‘qualities of leaders’ and since then i.e., for past few decades, it is being discussed and understood that a leader’s qualities and his character will make a greater difference to his effectiveness. According to Burns, civilization depends on ‘transforming leaders’ i.e., not only problem solvers but those who could help the society to a higher level of morality and motivation. Some writers on Leadership say that leaders are those who not only ‘do things right’ but are also seen ‘to do the right thing’. In that case, which type of leaders would necessarily be counted on for doing the right thing? Lee Iacocca who is a domineering charismatic battler; Highly performance oriented ruthless leaders like Jack Welch; Proponents of ‘Servant Leadership ‘styles like Max De Pree of Herman Miller; Darwin Smith, CEO Kimberly- Clark who is a quiet stoic and is lauded by Jim Collins in his book ‘Good and Great’; people like Attila the Hun whose leadership secrets have been collected with time? According to Mintzberg [1], leaders share one personality trait in common, a passion to lead. But each of the above styles of leadership have their own and multiple advocates and acolytes. The field of Leadership does not have a dearth of experts or sophistication of approaches but there is still no consensus on which style of leadership is the most effective. Even though individual qualities of leaders do matter, the effectiveness of leadership is increasingly believed to depend on the situational and context factors in which the leaders are working. Research of 160 CEOs shows that leadership is driven not so much by what someone is like inside but by what the outside demands [2]. It is essential to consider temporal changes in patterns of leader behaviour and dynamics of the task undertaken by them when conceptualizing the effectiveness of their styles
詹姆斯·麦格雷戈·伯恩斯(James MacGregor Burns)在他的风格定义书《领导力》(Leadership)中，惊人地提到了“领导者的品质”，从那以后，也就是说，在过去的几十年里，人们一直在讨论和理解，领导者的品质和性格会对他的效率产生更大的影响。根据伯恩斯的说法，文明依赖于“转型领袖”，即不仅是解决问题的人，而且是那些能够帮助社会达到更高道德和动力水平的人。一些关于领导力的作家说，领导者不仅是“做正确的事情”，而且是“做正确的事情”。在这种情况下，哪种类型的领导人必须指望做正确的事情?李·艾柯卡是一个霸道有魅力的战士;像杰克·韦尔奇这样以业绩为导向的无情领导者;Herman Miller的Max De Pree等“仆人式领导”风格的支持者;达尔文·史密斯，首席执行官金伯利-克拉克，他是一个安静的禁欲主义者，吉姆·柯林斯在他的书《好与伟大》中称赞他;像匈奴王阿提拉这样的人，他们的领导秘密随着时间的推移而被收集起来?根据明茨伯格[1]的观点，领导者有一个共同的性格特征，那就是对领导的热情。但是以上每一种领导风格都有自己的拥护者和追随者。领导领域并不缺乏专家或复杂的方法，但对于哪种领导风格最有效，仍然没有达成共识。尽管领导者的个人素质确实很重要，但人们越来越相信，领导的有效性取决于领导者工作的情境和背景因素。对160位ceo的研究表明，领导能力与其说是由一个人的内在表现所驱动，不如说是由外界的需求所驱动[2]。在对领导风格的有效性进行概念化时，必须考虑领导行为模式的时间变化和他们所承担的任务的动态
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Pub Date : 2017-02-10DOI: 10.4172/2169-026X.1000204
S. Datta, Tanushree De
This paper has tried to assess the impact of relational capital components on the performance of bell-metal clustered firms in Dharmada region of Nadia district in the State of West Bengal in India. The issue of relational capital has been considered in relation to the notion of intangible asset. Eight components of relational capital indicators were considered and they were combined into a single overall index by using principal component method. A study was conducted on a sample of sixty firms in the cluster. Cronbach’s alpha has been used to assess the reliability or internal consistency of the set of individual relational capital indicators. The overall index of relational capital is found strongly associated with profitability performance. The overall regression of profitability figures on individual relational capital indicators has been observed to be significant and some of the indicators are also found to significantly influence firm performance level. The analysis identifies and provides suggestion regarding upgrading and maintaining relational capital components in which the firms may have some advantage. This can make substantial contribution to the performance of firms.
{"title":"Role of Relational Capital and Firm Performance: Analysis of a Cluster of Bell-metal Enterprises in a Rural Region in West Bengal, India","authors":"S. Datta, Tanushree De","doi":"10.4172/2169-026X.1000204","DOIUrl":"https://doi.org/10.4172/2169-026X.1000204","url":null,"abstract":"This paper has tried to assess the impact of relational capital components on the performance of bell-metal clustered firms in Dharmada region of Nadia district in the State of West Bengal in India. The issue of relational capital has been considered in relation to the notion of intangible asset. Eight components of relational capital indicators were considered and they were combined into a single overall index by using principal component method. A study was conducted on a sample of sixty firms in the cluster. Cronbach’s alpha has been used to assess the reliability or internal consistency of the set of individual relational capital indicators. The overall index of relational capital is found strongly associated with profitability performance. The overall regression of profitability figures on individual relational capital indicators has been observed to be significant and some of the indicators are also found to significantly influence firm performance level. The analysis identifies and provides suggestion regarding upgrading and maintaining relational capital components in which the firms may have some advantage. This can make substantial contribution to the performance of firms.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114802344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-02-10DOI: 10.4172/2169-026X.1000205
B. Bora, Sarat Borah, W. Chungyalpa
There exists abundant literature on business strategy topics. Yet very few of these examine the role of business mission and vision statements and their influence on strategic objectives. It is this apparent gap in the literature that this paper aims to cover. The paper aims at highlighting the importance of business vision and mission statements and how these dictate the strategic goals and objectives of the organization - both short term as well as long term. The paper consists of three sections. The first section provides a quick overview of business strategy. The remaining sections discuss the mission statement and vision statement. It provides guidelines including templates on how to develop effective mission and vision statement. Finally, it applies the learning’s to a case study - that of a hotel. My aim is to highlight how the three - mission statement, vision statement, and strategic objectives - are intertwined. It is necessary to first define the mission and vision statement prior to defining the strategic objectives. The mission and particularly the vision statement provide the foundation upon which strategic objectives are framed.
{"title":"Crafting Strategic Objectives: Examining the Role of Business Vision andMission Statements","authors":"B. Bora, Sarat Borah, W. Chungyalpa","doi":"10.4172/2169-026X.1000205","DOIUrl":"https://doi.org/10.4172/2169-026X.1000205","url":null,"abstract":"There exists abundant literature on business strategy topics. Yet very few of these examine the role of business mission and vision statements and their influence on strategic objectives. It is this apparent gap in the literature that this paper aims to cover. The paper aims at highlighting the importance of business vision and mission statements and how these dictate the strategic goals and objectives of the organization - both short term as well as long term. The paper consists of three sections. The first section provides a quick overview of business strategy. The remaining sections discuss the mission statement and vision statement. It provides guidelines including templates on how to develop effective mission and vision statement. Finally, it applies the learning’s to a case study - that of a hotel. My aim is to highlight how the three - mission statement, vision statement, and strategic objectives - are intertwined. It is necessary to first define the mission and vision statement prior to defining the strategic objectives. The mission and particularly the vision statement provide the foundation upon which strategic objectives are framed.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"38 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129199461","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-02-10DOI: 10.4172/2169-026X.1000206
Usman Alvi
The study aims towards verifying the effects of the level of psychological wellbeing (mental health) and its relationship with the employee job performance. It further explores the understanding of psychological wellbeing through comparisons between projectized and non-projectized organization structures. The study is based upon the self-assessment of 84 employees’ psychological wellbeing and the evaluation by their superiors of their job performance from 17 Information Technology companies. The study validated that higher psychological wellbeing is useful for the increased employee job performance in the organizations and this relationship is equal in projectized and non-projectized organizational structures. Furthermore, the study shows that the psychological wellbeing and employee job performance levels are same for both projectized and non-projectized organizations.
{"title":"The Effect of Psychological Wellbeing on Employee Job Performance: Comparison between the Employees of Projectized and Non-Projectized Organizations","authors":"Usman Alvi","doi":"10.4172/2169-026X.1000206","DOIUrl":"https://doi.org/10.4172/2169-026X.1000206","url":null,"abstract":"The study aims towards verifying the effects of the level of psychological wellbeing (mental health) and its relationship with the employee job performance. It further explores the understanding of psychological wellbeing through comparisons between projectized and non-projectized organization structures. The study is based upon the self-assessment of 84 employees’ psychological wellbeing and the evaluation by their superiors of their job performance from 17 Information Technology companies. The study validated that higher psychological wellbeing is useful for the increased employee job performance in the organizations and this relationship is equal in projectized and non-projectized organizational structures. Furthermore, the study shows that the psychological wellbeing and employee job performance levels are same for both projectized and non-projectized organizations.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133822515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-12-25DOI: 10.4172/2169-026X.1000203
Abdulwahab Shmailan
The purpose of this literature review is to examine the characteristics of male and female entrepreneurs globally. This document will compare and contrast the similarities and differences between the two regarding on risk tolerance, financing, management, motivation and network. The literature review will explain what entrepreneurship is, who are the entrepreneurship and entrepreneurship traits. There also may be consistency in the barriers they face as well as their global counterparts.
{"title":"Compare the Characteristics of Male and Female Entrepreneurs as Explorative Study","authors":"Abdulwahab Shmailan","doi":"10.4172/2169-026X.1000203","DOIUrl":"https://doi.org/10.4172/2169-026X.1000203","url":null,"abstract":"The purpose of this literature review is to examine the characteristics of male and female entrepreneurs globally. This document will compare and contrast the similarities and differences between the two regarding on risk tolerance, financing, management, motivation and network. The literature review will explain what entrepreneurship is, who are the entrepreneurship and entrepreneurship traits. There also may be consistency in the barriers they face as well as their global counterparts.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-12-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115126323","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-11-25DOI: 10.4172/2169-026X.1000202
isile Mkubukeli, R. Tengeh
Small-scale mining entrepreneurs are confronted with a variety of challenges during both the start-up and growth phase of their businesses not only in South Africa, but all over the world. Therefore, losing prospects available to them. The aim of this paper was to explore prospects and challenges faced by small scale mining entrepreneurs in South Africa (SA). To attain this end, a qualitative research paradigm was instituted for both data collection and analysis. The findings of this study concur with the literature, that there are indeed plenty of prospects available to small scale mining entrepreneurs. However, the most outstanding prospects was free training and funding. Nonetheless, the receptiveness of these prospects is somehow conditional.
{"title":"Prospects and Challenges for Small-Scale Mining Entrepreneurs in South Africa","authors":"isile Mkubukeli, R. Tengeh","doi":"10.4172/2169-026X.1000202","DOIUrl":"https://doi.org/10.4172/2169-026X.1000202","url":null,"abstract":"Small-scale mining entrepreneurs are confronted with a variety of challenges during both the start-up and growth phase of their businesses not only in South Africa, but all over the world. Therefore, losing prospects available to them. The aim of this paper was to explore prospects and challenges faced by small scale mining entrepreneurs in South Africa (SA). To attain this end, a qualitative research paradigm was instituted for both data collection and analysis. The findings of this study concur with the literature, that there are indeed plenty of prospects available to small scale mining entrepreneurs. However, the most outstanding prospects was free training and funding. Nonetheless, the receptiveness of these prospects is somehow conditional.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"311 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131680651","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-11-15DOI: 10.4172/2169-026X.1000201
H. Shoushtari, M. Afshar-Kazemi, R. Radfar, Hosseini Sms, Arianejad Mbj
In productive enterprises, timely preparation and procurement of goods is very important due to that related costs to the production and working capitals of organization is severely affected. In available scientific methods, including MRP, regardless of resource constraints and other factors, the amount of lead time of goods have always considered to be fixed. In this paper, then a model will present that lead time of goods is considered as dynamic by using statistical and also effectiveness models from internal and external environment variables of organization and optimized the cost of production in order to reduce the latency in timely receiving and balancing the warehousing time. At the end, researcher with the implementation of issue in a simulated environment and compare it with the real environment, shows the advantage of proposed model compared to other models by numbers and figures.
{"title":"Designing MRP Model in the Condition of Capacity Constraints and Variability of Delivery for Critical Items in ABC Inventory Model “Case Study in National Company of South’s Oil-rich”","authors":"H. Shoushtari, M. Afshar-Kazemi, R. Radfar, Hosseini Sms, Arianejad Mbj","doi":"10.4172/2169-026X.1000201","DOIUrl":"https://doi.org/10.4172/2169-026X.1000201","url":null,"abstract":"In productive enterprises, timely preparation and procurement of goods is very important due to that related costs to the production and working capitals of organization is severely affected. In available scientific methods, including MRP, regardless of resource constraints and other factors, the amount of lead time of goods have always considered to be fixed. In this paper, then a model will present that lead time of goods is considered as dynamic by using statistical and also effectiveness models from internal and external environment variables of organization and optimized the cost of production in order to reduce the latency in timely receiving and balancing the warehousing time. At the end, researcher with the implementation of issue in a simulated environment and compare it with the real environment, shows the advantage of proposed model compared to other models by numbers and figures.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"7 1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-11-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133373510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-09-30DOI: 10.4172/2169-026X.1000198
Y. Golibjon
Under the current increased interdependence and market globalization product and service markets have been in constant change. These changes in their turn contributing to the rise of the level of competition putting enormous pressures on enterprises of all sizes to respond quickly to the changes and developments in market affairs. One of the crucial factors of survival in this highly competitive world economy is to find the way to increase the productivity and efficiency while reducing the costs. Thus, the key for success has become enterprise’s capacity to innovate and come up with innovative solutions to the production processes. It is nowhere as obvious as in the case of small and medium sized enterprises (SMEs) whose share and contribution to the overall economy have been increasing, especially, in the developing or transition economies.
{"title":"Innovation and SME Development: Indonesian Experience in Uzbekistan Context","authors":"Y. Golibjon","doi":"10.4172/2169-026X.1000198","DOIUrl":"https://doi.org/10.4172/2169-026X.1000198","url":null,"abstract":"Under the current increased interdependence and market globalization product and service markets have been in constant change. These changes in their turn contributing to the rise of the level of competition putting enormous pressures on enterprises of all sizes to respond quickly to the changes and developments in market affairs. One of the crucial factors of survival in this highly competitive world economy is to find the way to increase the productivity and efficiency while reducing the costs. Thus, the key for success has become enterprise’s capacity to innovate and come up with innovative solutions to the production processes. It is nowhere as obvious as in the case of small and medium sized enterprises (SMEs) whose share and contribution to the overall economy have been increasing, especially, in the developing or transition economies.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"59 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114951860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2016-09-30DOI: 10.4172/2169-026X.1000200
M. A. Siddiqui
On the Small Medium Enterprises, the paper aims to study the effects of entrepreneurial self- efficacy on entrepreneurial performance, while mediating the identity impact, that consider to be the important stimulating factor to drive passion in entrepreneurs for developing and founding new enterprises. From a source of self-efficacy and self-concordance theory perspective, the study assumes to apply exploratory factor analysis through direct oblimin rotation in order inspect discriminant validity concepts. Further, in order to analyze the causal relationship between entrepreneurial self-efficacy and entrepreneurial performance, while taking its mediating effect study apply hierarchical regression technique using SPSS. However, empirical findings allow us to understand the significant relationship between entrepreneurial self-efficacy and entrepreneurial performance. The study also suggests to explore the impact of identity in entrepreneurial passion further its relational impact on individual self-efficacy and performance through empirical findings. The study provides a mechanism that regularized passionate entrepreneur’s self-efficacy and improves their individual performance.
{"title":"Entrepreneurial Passion as Mediator of the Entrepreneurial Self Efficacy and Entrepreneurial Performance, Relationship: An Empirical Study in Small Medium Businesses","authors":"M. A. Siddiqui","doi":"10.4172/2169-026X.1000200","DOIUrl":"https://doi.org/10.4172/2169-026X.1000200","url":null,"abstract":"On the Small Medium Enterprises, the paper aims to study the effects of entrepreneurial self- efficacy on entrepreneurial performance, while mediating the identity impact, that consider to be the important stimulating factor to drive passion in entrepreneurs for developing and founding new enterprises. From a source of self-efficacy and self-concordance theory perspective, the study assumes to apply exploratory factor analysis through direct oblimin rotation in order inspect discriminant validity concepts. Further, in order to analyze the causal relationship between entrepreneurial self-efficacy and entrepreneurial performance, while taking its mediating effect study apply hierarchical regression technique using SPSS. However, empirical findings allow us to understand the significant relationship between entrepreneurial self-efficacy and entrepreneurial performance. The study also suggests to explore the impact of identity in entrepreneurial passion further its relational impact on individual self-efficacy and performance through empirical findings. The study provides a mechanism that regularized passionate entrepreneur’s self-efficacy and improves their individual performance.","PeriodicalId":433140,"journal":{"name":"Journal of Entrepreneurship & Organization Management","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2016-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134147136","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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