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Sustainable enterprises: creating growth in mid-sized companies

Author: Muzyka, Daniel F. ; De Koning, AliceINSEAD Area: Entrepreneurship and Family Enterprise Series: Working Paper ; 98/42/ENT Publisher: Fontainebleau : INSEAD, 1998.Language: EnglishDescription: 12 p.Type of document: INSEAD Working Paper Online Access: Click here Abstract: There have been many suggestions and prescriptions concerning the appropriate nature of management practice in companies that are "growth oriented" and "self-renewing". Many of these prescriptions come from research in larger organizations or organizations undergoing transformation. These same suggestions regarding management practice are often communicated as appropriate for the management of middle-sized companies hoping to maintain and/or re-start growth. This research tests many of these prescribed management practices with the managing directors of over 110 middle-sized businesses in Europe, to determine which of the practices actually are associated with higher performing organizations. The results of this work indicated that successful middle-sized businesses did not uniformly adopt the management practices observed in the various case studies of "entrepreneurial firms".
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There have been many suggestions and prescriptions concerning the appropriate nature of management practice in companies that are "growth oriented" and "self-renewing". Many of these prescriptions come from research in larger organizations or organizations undergoing transformation. These same suggestions regarding management practice are often communicated as appropriate for the management of middle-sized companies hoping to maintain and/or re-start growth. This research tests many of these prescribed management practices with the managing directors of over 110 middle-sized businesses in Europe, to determine which of the practices actually are associated with higher performing organizations. The results of this work indicated that successful middle-sized businesses did not uniformly adopt the management practices observed in the various case studies of "entrepreneurial firms".

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