Strategic Decision-Making in Small Businesses Within The Leisure Industry

Byers, Terri; Slack, Trevor

doi:10.1080/00222216.2001.11949934

Cited by 44 publications

(29 citation statements)

References 16 publications

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“…This may be less valid in small firms. Research show that small firms tend to be less rational in their decision-making processes Brouthers et al, 1998;Byers & Slack, 2001). This is because firstly entrepreneurs face a more hostile or uncertain environment in their decision making activities thus they do not have access to extensive information sources.…”

Section: Rationalitymentioning

confidence: 99%

How Much Entrepreneurial Characteristics Matter in Strategic Decision-Making

URU¹,

CALISKAN²,

ATAM³

et al. 2011

JGSM

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Section: Rationalitymentioning

confidence: 99%

How Much Entrepreneurial Characteristics Matter in Strategic Decision-Making

URU¹,

CALISKAN²,

ATAM³

et al. 2011

JGSM

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“…Literature related with research on sports organizations is still scarce [34] and this is even more significant when related with organizations that promote Nature Sports. However, some studies about NSO were developed in several European countries, during the last decade [36 -44], mostly centered in the analysis on the market of the sport tourism companies that promote Nature Sports.…”

Section: Research Overview About Nature Sports Organizationsmentioning

confidence: 99%

“…The leisure and recreation industry is indeed important for many countries within the industrialized world [34,35]. Interestingly, 54 out of the 500 companies that are in the world top are organizations related to the leisure industry [34].…”

Section: Research Overview About Nature Sports Organizationsmentioning

confidence: 99%

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Understanding Nature Sports Organizations in Portugal

Melo¹,

Gomes²

2016

TOSSJ

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Although Nature Sports are considered a growing phenomenon around the world, there is a lack of research and data about the organizations that are developing these activities. The purpose of this paper is to characterize the Nature Sports Organizations operating in mainland Portugal. Data was obtained through an online survey questionnaire applied to organizations which promoted Nature Sports in Portugal, both from private and public sectors, and 166 answers were obtained. Three main types of organizations were found based on their legal form and organizational vocation: sport tourism companies, sport clubs, and associations (environmentalists, cultural, sportive, recreational and others) which were further characterized by their organization profile, supply and demand. The results show significant statistical differences between the different types of organizations regarding their age, number of collaborators, and type of activities offered, as also the number and provenience of the practitioners. The data also enclose implications for the Nature Sports policies and Nature Sports Organizations management that will be discussed.

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“…Each family-business relationship can be described in terms of the emphasis the family places on the business and the strength of the business in the family's survival (Holland & Boulton, 1984;Byers & Slack, 2001), so decision-making is relevant to growing the family business (Olson et al, 2003). Even though managing and operating a small family business is not as complex as in a large family business, the owner and family members have to make decisions to manage both the business and family, effectively and efficiently, in a way that leads to business growth.…”

Section: Small Family Businessmentioning

confidence: 99%

Decision-making Related to Business Growth: Malay Small Businesses in Selangor

Jamaluddin¹,

Dickie²

2011

IJBM

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Purpose: In this paper business and family related decisions about business growth among Malay small family business (MSFBs) in Selangor, Malaysia are explored. Focussing on business and family dynamics strategies for developing the MSFB sector, extant literature on issues associated with decision-making about business growth indicated and empirical evidence from MSFB owners presented.Design/methodology/approach: Using a qualitative approach, a case study design was used to interview owners and family members of ten different Malay small family businesses. Analysis was undertaken using Aronson's pragmatic, thematic analysis.Findings: In the Malay culture, family members participate in family discussions as a precursor to final decisions being made by the father or family elders; a decision-making style well known as pseudo-participative. Results suggest that business and family related decisions about business growth consist of four component areas; finance, technology, employment and support. Business (finance and technology) and family (employment and support) issues need to be considered and appraised by owners of MSFBs as antecedents of growth; i.e., if the business is to move from the a position of survival to one of growth.Practical implications: Business (finance and technology) and family (employment and support) decisions must be taken for decision-makers to optimise achievement of their growth intentions. Similarly, implications for government related policies and business associations as support services should give special attention to assist develop growth processes of MSFBs.Originality/ value: The findings in the paper add knowledge to the disciplines of decision-making, small family businesses and the task of growing a business.

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Strategic Decision-Making in Small Businesses Within The Leisure Industry

Cited by 44 publications

References 16 publications

How Much Entrepreneurial Characteristics Matter in Strategic Decision-Making

How Much Entrepreneurial Characteristics Matter in Strategic Decision-Making

Understanding Nature Sports Organizations in Portugal

Decision-making Related to Business Growth: Malay Small Businesses in Selangor

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