Purpose -This study aims to: identify organizational and environmental factors affecting strategic decision-making speed; examine the relationship between those factors and innovation performance; and clarify the relationship between strategic decision-making speed and innovation performance. Design/methodology/approach -A survey was conducted on 73 large-scale firms operating in the manufacturing industry in Turkey, in May 2006 and December 2006. Findings -The research findings related to the linkage between participation and strategic decision-making speed indicate that extensive participation accelerates the pace of decision making. Research limitations/implications -This survey was conducted on CEOs and top managers of large-scale manufacturing firms operating in Turkey. Cultural differences may become evident from those findings. Also, results might be different if only small and medium-size firms, or firms in different industries were used. Originality/value -This survey is one of the first to examine the strategic decision speed and innovation performance relationship, revealing the positive effect of strategic decision speed on innovation performance. It is the first one to be conducted in an Eastern country like Turkey, filling the gap in the literature.
Today's complex and competitive business environment restricts the managers to plan their futures strategically. Thus, strategic orientation approach is taking the place of traditional approach to strategic management by spreading strategic thinking to the employees like a corporate culture. The aims of this study are to explore the mutual relationships among market orientation, technology orientation, and organizational innovativeness, and to examine the joint effects of those key drivers on firm performance, and to advance the understanding of the role of the strategic orientations of the firms. Due to the general structure of the research model, a questionnaire survey on 161 manufacturing firms has been concluded. According to analysed data a strong relationship between strategic orientations and the firm performance is indicated. Foremost, the results show that product innovation can significantly assist a competitor-oriented firm in improving its financial performance, while a technology-oriented firm improving its growth and market performance.
In today's global competitive environment, companies are focused on entrepreneurial behavior so managers try to create appropriate entrepreneurial climate. Researchers have been studying entrepreneurial orientation (EO) -performance relation or clarifying the key internal organizational factors. However, there are not enough studies that investigate relation between entrepreneurial orientation with internal organizational factors. The objective of this research is to empirically examine internal organization factors that initiate entrepreneurial climate which influence entrepreneurial orientation that affect business performance. To investigate the stated relationships data is collected from Turkey's Top 500 Industrial Enterprises. Questionnaires are prepared by the researchers based on the measurement instrument used by Hornsby, Kuratko and Zahra (2002) and Dess & Lumpkin (1996). After the preliminary survey which is done for the reliability and validity analysis of the measurement instrument, is distributed via mail and the internet site.
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