Any successful business depends on the quality of its management team. But for a very small firm the relationship between management and economic performance is often more visible. Understanding the workings of this relationship can be difficult, particularly when studying small firms that have become highly successful in a short space of time, so developing more complex management structures. This study offers a systematic analysis of this important labour market, drawing on themes of organizational behaviour, strategy and leadership and addresses the public policy issue - "the people gap". By exploring aspects of ownership, motivation, promotion, incentives and training, this study discusses how these issues have very different implications when related to the context of small firms rather than that of large firms. A central question posed is how far economic performance is likely to be affected by these different patterns of ownership, organizational and management structures.

Managerial Labour Markets in Small and Medium-Sized Enterprises (Small Business)

Business & Money

STOREY, DAVID

Wynarczyk, Pooran

Short, Helen

Keasey, Kevi

Economics

Routledge

The Performance of Small Firms (Routledge Library Editions: Small Business)

This study, originally published in 1987, addresses the question of small firm performance. Drawing on an extensive database containing financial, employment and ownership data for several thousand small firms, the book examines whether small firms do actually provide jobs, whether they grow and why small firms fail. Guidance is given on how to spot the signs of impending failure in a small business, which is of use to accountants small business PR actioners and government grant providers.

The Performance of Small Firms: Profits, Jobs and Failures (Routledge Library Editions: Small Business)

Watson, Robert

Keasey, Kevin

Storey, David J.

Business Development & Entrepreneurship

<p>This study, originally published in 1987, addresses the question of small firm performance. Drawing on an extensive database containing financial, employment and ownership data for several thousand small firms, the book examines whether small firms do actually provide jobs, whether they grow and why small firms fail. Guidance is given on how to spot the signs of impending failure in a small business, which is of use to accountants small business PR actioners and government grant providers. </p>

<p>Focussing on the relatively few small firms which grew rapidly, this book, originally published in 1993 uses face-to-face interviews as well as published records to identify and analyse the managerial factors most closely associated with successful small firms. The volume concentrates on the following key managerial issues: </p> <ol>
<li>In what respects do the managerial backgrounds and aspirations of the founders of fast-growth small firms differ from those of non-fast-growth small firms?</li>  <li>How is the process of growth managed? What incentives, remuneration packages and communication systems are instituted?</li>  <li>How do these characteristics and experiences differ in fast-growth small firms from both the traditional small firm and large-firm sector?</li>  <li>To what extent is it possible to explain the relative economic performance of small firms in terms of differences in their ownership, organizational and management structures. </li> </ol>

Managerial Labour Markets in Small and Medium-Sized Enterprises (Routledge Library Editions: Small Business)

Management & Leadership

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