Strategy Formulation in Entrepreneurial Firms

Business & Finance, Management & Leadership, Planning & Forecasting
Cover of the book Strategy Formulation in Entrepreneurial Firms by Azhdar Karami, Taylor and Francis
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Author: Azhdar Karami ISBN: 9781317049326
Publisher: Taylor and Francis Publication: April 1, 2016
Imprint: Routledge Language: English
Author: Azhdar Karami
ISBN: 9781317049326
Publisher: Taylor and Francis
Publication: April 1, 2016
Imprint: Routledge
Language: English

This book is concerned with strategy formulation issues in the relatively neglected field of entrepreneurial firms. It raises questions, such as what is the strategic role of entrepreneurship in small businesses? How does the top management in small firms perceive the processes associated with strategy formulation? How are business strategies formulated and implemented in SMEs and importantly, are there lessons that can be learnt by large corporations from the smaller ones? Using a sample covering a wide range of entrepreneurial firms in the UK, the author addresses the lack of strategic thinking in the management of small firms and provides recommendations for effective strategic management processes.

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This book is concerned with strategy formulation issues in the relatively neglected field of entrepreneurial firms. It raises questions, such as what is the strategic role of entrepreneurship in small businesses? How does the top management in small firms perceive the processes associated with strategy formulation? How are business strategies formulated and implemented in SMEs and importantly, are there lessons that can be learnt by large corporations from the smaller ones? Using a sample covering a wide range of entrepreneurial firms in the UK, the author addresses the lack of strategic thinking in the management of small firms and provides recommendations for effective strategic management processes.

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