Strategy is personality-driven, strategy is crisis-driven: insights from entrepreneurial firms
McCarthy, Breda (2003) Strategy is personality-driven, strategy is crisis-driven: insights from entrepreneurial firms. Management Decisions, 41 (4). pp. 327-339.
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The objective of this study was to explore the main factors influencing the development of strategy in small firms. Among its contributions, the study found that strategy was personality-driven and crisis-driven. The study identified two main types of entrepreneurs: the pragmatist and the charismatic entrepreneur, and highlighted how the risk-taking capacities of some entrepreneurs changed over time. The study suggests that the experience of crisis gave rise to a more rational, planned approach to the strategy-making process.
|Item Type:||Article (Refereed Research - C1)|
|Keywords:||strategy; entrepreneirial personality; entrepreneurialism; small firms|
|FoR Codes:||15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1503 Business and Management > 150399 Business and Management not elsewhere classified @ 100%|
|SEO Codes:||91 ECONOMIC FRAMEWORK > 9104 Management and Productivity > 910402 Management @ 100%|
|Deposited On:||13 Apr 2010 10:57|
|Last Modified:||12 Feb 2011 03:24|
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