Modelling strategic orientation dimensions and performance of small and medium enterprises

2019 ◽  
Vol 14 (3) ◽  
pp. 754-772 ◽  
Author(s):  
Seemant Kumar Yadav ◽  
Vikas Tripathi ◽  
Geetika Goel
Keyword(s):  
Small And Medium Enterprises ◽  
Structural Modeling ◽  
Strategic Orientation ◽  
Decision Makers ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Manufacturing Performance ◽  
Different Dimensions ◽  
And Performance ◽  
Medium Enterprises

Purpose The purpose of this paper is to identify and rank different dimensions of strategic orientation and firm’s performance using the approach of interpretive structural modeling. Design/methodology/approach The study uses interpretative structural modeling and the MICMAC technique to establish a hierarchical relationship among different dimensions of entrepreneurial orientation and manufacturing performance of Indian SMEs. Findings The final outcome of interpretative structural modeling and the MICMAC analysis revealed a relationship between the variables under study along with the categorization of all in two different categories, depending upon their driving power and dependency, which decision-makers can also use while devising their strategy to improve performance. Originality/value To date, to the best of the authors’ knowledge, no significant contribution about such interrelationship was reported; therefore, this study is one of its types to fill this gap.

Green Manufacturing Practices and Performance among SMEs

2013 ◽  
pp. 208-225 ◽  
Author(s):  
T. Ramayah ◽  
Osman Mohamad ◽  
Azizah Omar ◽  
Malliga Marimuthu ◽  
Jasmine Yeap Ai Leen
Keyword(s):  
Small And Medium Enterprises ◽  
Green Manufacturing ◽  
Performance Data ◽  
Green Technologies ◽  
Environmental Initiatives ◽  
Manufacturing Performance ◽  
Green Practices ◽  
And Performance ◽  
Medium Enterprises ◽  
The Relationship

Due to the rise in environmental awareness, green technologies and practices have become the conscientious imperative expected from all manufacturing industries. Consequently, environmental initiatives are becoming an essential part of the strategic planning in organizations, including the small and medium enterprises (SMEs). Thus, the objectives of this study were to determine the extent of implementation in green manufacturing practices among the SMEs as well as to examine the relationship between those practices and manufacturing performance. Data was collected via a survey from 544 SMEs across all types of industries located throughout Malaysia. Results of the analysis showed that there is an encouraging level of implementation in green practices among the SMEs, with the optimization of processes to reduce solid waste being the top practice. The results also revealed that green practices within the inbound and production phase of the manufacturing lifecycle significantly affected manufacturing performance but not practices within the outbound phase.

Green Manufacturing Practices and Performance among SMEs

2013 ◽  
pp. 1026-1043
Author(s):  
T. Ramayah ◽  
Osman Mohamad ◽  
Azizah Omar ◽  
Malliga Marimuthu ◽  
Jasmine Yeap Ai Leen
Keyword(s):  
Small And Medium Enterprises ◽  
Green Manufacturing ◽  
Performance Data ◽  
Green Technologies ◽  
Environmental Initiatives ◽  
Manufacturing Performance ◽  
Green Practices ◽  
And Performance ◽  
Medium Enterprises ◽  
The Relationship

Due to the rise in environmental awareness, green technologies and practices have become the conscientious imperative expected from all manufacturing industries. Consequently, environmental initiatives are becoming an essential part of the strategic planning in organizations, including the small and medium enterprises (SMEs). Thus, the objectives of this study were to determine the extent of implementation in green manufacturing practices among the SMEs as well as to examine the relationship between those practices and manufacturing performance. Data was collected via a survey from 544 SMEs across all types of industries located throughout Malaysia. Results of the analysis showed that there is an encouraging level of implementation in green practices among the SMEs, with the optimization of processes to reduce solid waste being the top practice. The results also revealed that green practices within the inbound and production phase of the manufacturing lifecycle significantly affected manufacturing performance but not practices within the outbound phase.

Strategic orientations and capabilities' effect on SMEs' performance

2020 ◽  
Vol 38 (7) ◽  
pp. 829-845 ◽  
Author(s):  
Ibrahim Alnawas ◽  
Allam Abu Farha
Keyword(s):  
Structural Equation ◽  
Survey Methodology ◽  
Small And Medium Enterprises ◽  
Suppressive Effect ◽  
Marketing Capabilities ◽  
Complementarity Effect ◽  
Content Type ◽  
Strategic Orientations ◽  
And Performance ◽  
Medium Enterprises

PurposeThis study aims to: first, examine the effect of interaction orientation (IO) and brand orientation (BO) on marketing capabilities and small and medium enterprises' (SMEs') performance, and second, assess the complementarity effect of IO and BO on marketing capabilities and SMEs' performance.Design/methodology/approachA model was developed and tested using a survey methodology. Data were collected from 538 SMEs located in Qatar and analysed by structural equation modelling with AMOS.FindingsFirst, IO affects SMEs' performance only indirectly via marketing capabilities, whereas BO affects SMEs' performance both directly and indirectly. Second, contrary to expectations, the complementarity between IO and BO produced a destructive/suppressive effect, rather than a synergistic effect, on both marketing capabilities and SMEs' performance, reflecting the importance of a trade-off to enhance both marketing capabilities and SMEs' performance.Originality/valueTo the authors' knowledge, this is the first paper to examine the complementary effect of BO and IO on marketing capabilities and performance.

From strategic orientation to social media orientation

2016 ◽  
Vol 23 (4) ◽  
pp. 1165-1190 ◽  
Author(s):  
Vincent Dutot ◽  
François Bergeron
Keyword(s):  
Social Media ◽  
Customer Orientation ◽  
Small And Medium Enterprises ◽  
Positive Influence ◽  
Strategic Orientation ◽  
Content Type ◽  
Media Performance ◽  
Future Direction ◽  
Medium Enterprises ◽  
Media Orientation

Purpose The purpose of this paper is to develop and test a framework of small and medium enterprises’ (SMEs) strategic orientation (SO) and its impact on social media performance. Moreover, it introduces a new concept, social media orientation (SMO) (composed of sales and business development (SBD) and visibility) to add in the model. Design/methodology/approach A quantitative approach was used and, based on a study of 257 SMEs, analyses were performed. A smartPLS analysis was judged appropriate regarding the sample size. Findings Results show that entrepreneurial orientation (EO) and customer orientation have a positive influence on SBD which in turn has a positive influence on social media performance. Visibility is positively influenced by EO and has an indirect effect on social media performance. Social media performance is therefore directly influenced by SBD and indirectly by visibility. Research limitations/implications The authors complete previous research that called for the introduction of different SO on a same study and go further as the author highlight the role of EO on visibility (and not only on business or performance). A second contribution lies in the conceptualization of SMO (defined here with SBD and visibility) and third in the measurement of social media performance through growth and attention. Practical implications SMEs first need to develop their visibility, and then link it to SBD. Originality/value This research is one of the first to explore SMEs’ SO on social media and proposes a new concept defined as SMO. It gives SMEs future direction on how to perform on these platforms.

Organization-stakeholder relationship and performance of Iranian SMEs

2020 ◽  
Vol 13 (3) ◽  
pp. 417-436
Author(s):  
Alireza Jalali ◽  
Mastura Jaafar ◽  
T. Ramayah
Keyword(s):  
Risk Taking ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Equation Modeling ◽  
Cluster Sampling ◽  
Content Type ◽  
Stakeholder Relationships ◽  
And Performance ◽  
Medium Enterprises ◽  
Stakeholder Relationship

Purpose This study aims to explore the direct and indirect effects of organizational stakeholder’s relationship on performance through innovativeness and risk-taking among small and medium enterprises (SMEs). Design/methodology/approach This study used the cluster sampling method to select the study sample and the questionnaire survey approach to 580 SMEs established in Tehran. A total of 150 completed questionnaires were returned. Partial least squares-structural equation modeling was administered to analyze data via the SmartPLS 3.0 software. Findings The survey outcomes revealed that organization-stakeholder relationship had an indirect effect on performance through innovativeness and risk-taking. The results indicated positive links for organization-stakeholder relationship and innovativeness, as well as the organization-stakeholder relationship to risk-taking. Practical implications This research is beneficial for entrepreneurs who wish to learn about the specific resources significant for venture growth, to devise effective strategies to expand their relationship with stakeholders and to consider the significance of the correlations established, in this study, through innovativeness and risk-taking. Originality/value This research is one of the few attempts that have addressed the importance of innovativeness and risk-taking as the key mechanisms to transform the advantages of organization-stakeholder relationships to enhance performance.

Modeling the performance measures of world class manufacturing using interpreting structural modeling

2015 ◽  
Vol 10 (1) ◽  
pp. 4-22 ◽  
Author(s):  
Abhijeet Keshaorao Digalwar ◽  
Anil Jindal ◽  
Kuldip Singh Sangwan
Keyword(s):  
Performance Measures ◽  
Model Performance ◽  
Structural Modeling ◽  
Decision Makers ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Practical Applications ◽  
Manufacturing Organizations ◽  
World Class ◽  
World Class Manufacturing

Purpose – The purpose of this paper is to study the performance measures of world class manufacturing (WCM) and to establish relationship among them using interpretive structural modeling (ISM). Design/methodology/approach – The research paper presents a blend of theoretical framework and practical applications. In the paper, 16 performance measures are identified from literature survey and experts’ opinion, and then these are validated by questionnaire survey in India. Finally, ISM is used to obtain structural relationship among these performance measures of WCM. Findings – The results of the survey and the ISM methodology have been used to evolve the mutual relationships among these performance measures. Practical implications – The adoption of such an ISM-based model on WCM performance measures in manufacturing organizations would help managers, decision-makers and practitioners of WCM in better understanding of these performance measures and to focus on appropriate performance measures while implementing WCM in their organizations. Originality/value – Performance measures are of paramount importance for the implementation of WCM practices. Knowing the key performance measures and relationship among them can help many organizations to implement WCM practices. It is one of the foremost attempts to model performance measures of WCM. The paper provides useful insights into the WCM practitioners, consultants and researchers.

Total Interpretive Structural Modeling (TISM): approach and application

2017 ◽  
Vol 14 (2) ◽  
pp. 162-181 ◽  
Author(s):  
J. Jena ◽  
Sumati Sidharth ◽  
Lakshman S. Thakur ◽  
Devendra Kumar Pathak ◽  
V.C. Pandey
Keyword(s):  
Design Methodology ◽  
Matrix Multiplication ◽  
Structural Modeling ◽  
Decision Makers ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
Mutual Dependence ◽  
Step Procedure ◽  
Power And Dependence ◽  
Practical Implications

Purpose The purpose of this paper is to elucidate the methodology of total interpretive structural modeling (TISM) in order to provide interpretation for direct as well as significant transitive linkages in a directed graph. Design/methodology/approach This study begins by unfolding the concepts and advantages of TISM. The step-by-step methodology of TISM is exemplified by employing it to analyze the mutual dependence among inhibitors of smartphone manufacturing ecosystem development (SMED). Cross-impact matrix multiplication applied to the classification analysis is also performed to graphically represent these inhibitors based on their driving power and dependence. Findings This study highlights the significance of TISM over conventional interpretive structural modeling (ISM). The inhibitors of SMED are explored by reviewing existing literature and obtaining experts’ opinions. TISM is employed to classify these inhibitors in order to devise a five-level hierarchical structure based on their driving power and dependence. Practical implications This study facilitates decision makers to take required actions to mitigate these inhibitors. Inhibitors (with strong driving power), which occupy the bottom level in the TISM hierarchy, require more attention from top management and effective monitoring of these inhibitors can assist in achieving the organizations’ goals. Originality/value By unfolding the benefits of TISM over ISM, this study is an endeavor to develop insights toward utilization of TISM for modeling inhibitors of SMED. This paper elaborates step-by-step procedure to perform TISM and hence makes it simple for researchers to understand its concepts. To the best of the authors’ knowledge, this is the first study that analyzes the inhibitors of SMED by utilizing TISM approach.

A stakeholders’ perspective on barriers to adopt sustainable practices in MSME supply chain

2018 ◽  
Vol 22 (1) ◽  
pp. 59-76 ◽  
Author(s):  
Swayam Sampurna Panigrahi ◽  
Nune Srinivasa Rao
Keyword(s):  
Supply Chain ◽  
Small And Medium Enterprises ◽  
Geographical Area ◽  
Environmental Conservation ◽  
Sustainable Supply Chain ◽  
Interpretive Structural Modeling ◽  
Content Type ◽  
The Government ◽  
Medium Enterprises ◽  
Hierarchy Process

Purpose Enterprises face the wrath of the government for taking part in environmental conservation and adoption of sustainable initiatives along with customer demands. Therefore, enterprises are forced to adopt sustainable supply chain practices (SSCPs), which leads to competitive advantage. Now, sustainable supply chain management (SSCM) is a management process that promotes the adoption of eco-friendly activities in conventional supply chains (SCs). Enterprises in India are under tremendous pressure to include SSCPs into their conventional SCs. The goal of this paper is to evaluate the barriers for the implementation of SSCPs into Indian Micro, Small and Medium Enterprises (MSMEs). Design/methodology/approach This study aims to identify critical barriers for adoption of SSCPs in the textile MSME SCs located in Eastern India, Odisha with the help of interpretive structural modeling (ISM). Findings The paper develops a framework for the evaluation of barriers to the adoption of SSCP in the textile SC. This paper also provides appropriate suggestive measures to deal with the barriers and overcome the same to attain a sustainable textile SC. Research limitations/implications Opportunities exist for extension of this research on wider geographical area. In addition to this, some other quantitative modeling approaches can be applied, like analytical hierarchy process, to prioritize the barriers. Practical implications The framework offers help to SC managers in their decision-making process by enabling them to analyze the barriers and ways to overcome them. Originality/value The paper deals with a particular geographical area where such kinds of studies are rare. The proposed framework provides a foundation for further research.

Modeling the supply chain finance (SCF) barriers of Indian SMEs using BWM framework

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Chandra Prakash Garg ◽  
Vishal Kashav
Keyword(s):  
Supply Chain ◽  
Expert Panel ◽  
Small And Medium Enterprises ◽  
Hybrid Approach ◽  
Decision Makers ◽  
Extensive Literature ◽  
Financial Barriers ◽  
Content Type ◽  
Supply Chain Finance ◽  
Medium Enterprises

Purpose The presence of barriers in the supply chain finance (SCF) of small and medium enterprises (SMEs) cripples the productivity and efficiency of SMEs and makes it challenging to execute strategies. SCF barriers can be internal and external which tend to impede the desired performance and profitability of the SMEs. Therefore, the purpose of this paper is to discern the possible SCF barriers and analyze the criticality of the barriers to understand how they impact on the SMEs market of India. Design/methodology/approach This study proposes a novel hybrid approach called best worst method (BWM) to evaluate the discerned barriers. BWM technique is espoused to appraise the SCF barriers, so that the decision-makers can rationally comprehend the reason behind dominance of one barrier over other. Although such an assessment may possibly vary for different industries, that is why proposed approach is generic in nature and can be applied in real-world cases. The robustness of the suggested model is also assessed through sensitivity analysis. Findings SCF barriers are identified through extensive literature review and inputs from the industry. The results derived through BWM approach concludes that the “Financial Barriers” are censorious and foremost inhibitors for SMEs to flourish, therefore, require special attention by the top management. Likewise, “Supply and Suppliers Barriers” are ranked second, conversely, “Market and Policy Related Barriers” are found least critical in nature in SMEs of India. Research limitations/implications This work is specific to SCF barriers and other barriers have not been touched upon. The study is based on expert panel opinion for seeking information which is restricted to Indian context, as the members of the expert panel belong to same geography. Practical implications This research could aid decision-makers and strategists to comprehend the deep-rooted initiatives to achieve a comprehensive implication of SCF across SC network. By assessing SCF barriers, this study helps SMEs to understand their shortfalls and in answering the pertinent question of how to gain excellence in this intensely competitive market. Originality/value SMEs are considered as engines of economic development worldwide. India too is striving for increasing the growth and development of SMEs in every aspect, to gain operational excellence, to make profits or employment generation but presence of SCF barriers makes it difficult to achieve this in Indian SMEs. Therefore, it is imperative to analyze the criticality of the SCF barriers to understand how they impact on SMEs market of India. The paper illustrates the modeling of SCF barriers among SMEs using BWM approach, exhibiting how comprehending barriers can improvise productivity and efficiency of the SCs in SMEs.

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