A Case of Family Business Strategy of Expansion

2021 ◽  
pp. 097215092198966
Author(s):  
Anjali Tiwari ◽  
Radha R. Sharma ◽  
Tanuja Sharma
Keyword(s):  
Interior Design ◽  
Family Business ◽  
Business Strategy ◽  
Married Couple ◽  
Initial Time ◽  
Start Up ◽  
Wide Range ◽  
Set Up

This case study follows the case of a small entrepreneur who faced many problems during the initial time of set-up. This work specifically mentions a few dilemmas, such as whether a family business or a partnership business is better, the role of trust in a start-up and the importance of the business partner when the start-up was started by a married couple, namely the dilemma of dual responsibility. This start-up was related to interior design business and was dealing with a wide range of products. Things were moving fine, but the dilemma started when Priya, one of the founders and a director of the company, became inactive and the other founder, Uday Upadhaya, was thinking of expanding the business.

scholarly journals COMBINED BUSINESS STRATEGY IN COASTAL AREA AFTER COVID-19 SITUATION: A CASE STUDY IN COX’S BAZAR

2021 ◽  
Vol 9 (1) ◽  
pp. 01-14
Author(s):  
Zahid Hasan ◽  
Talha Ibne Hafiz
Keyword(s):  
Business Strategy ◽  
Present Situation ◽  
Business Plan ◽  
Market Analysis ◽  
Ideal Model ◽  
The Real ◽  
Start Up ◽  
New Business ◽  
Set Up

Purpose of the study: The purpose of the study is to set up a restaurant business in Cox’s Bazar in this Covid-19 scenario with a low budget and providing premium services. People's purchasing power has been decreased due to this situation and they demand to get premium services at cheaper prices. Methodology: A market analysis has been performed as well as the present situation has been studied. A proper business plan has been setup with the layout of the restaurant.   Main Findings: It has been found that a better amount of profit can be achieved by satisfying the customer with lower price than the present competitors. It also has been observed that combining more than 2 businesses will help to achieve the profit margin in quick time. Customer satisfaction is also high in this type of strategy. Applications of this study: New entrepreneurs made enough observations to create their new business model which will help them to make this business profitable. This model is an ideal model for a start-up business with a low budget. Novelty/Originality of this study: As the real-time study has been studied and the real situations have been considered, this study will be helpful for the new entrepreneur.

scholarly journals Assessing the Impacts of Hierarchical Healthcare System on the Accessibility and Spatial Equality of Healthcare Services in Shenzhen, China

2021 ◽  
Vol 10 (9) ◽  
pp. 615
Author(s):  
Zhuolin Tao ◽  
Wenchao Han
Keyword(s):  
Healthcare System ◽  
Catchment Area ◽  
Healthcare Services ◽  
Utilization Efficiency ◽  
Delivery Of Healthcare ◽  
Healthcare Accessibility ◽  
Set Up ◽  
Different Levels

The hierarchical healthcare system is widely considered to be a desirable mode of the delivery of healthcare services. It is expected that the establishment of a hierarchical healthcare system can help provide better and more equal healthcare accessibility. However, limited evidence has been provided on the impacts of a hierarchical healthcare system on healthcare accessibility. This study develops an improved Hierarchical two-step floating catchment area (2SFCA) method, which incorporates variable catchment area sizes, distance friction effects and utilization efficiency for facilities at different levels. Leveraging the Hierarchical 2SFCA method, various scenarios are set up to assess the accessibility impacts of a hierarchical healthcare system. The methods are applied in a case study of Shenzhen. The results reveal significant disparity and inequality in healthcare accessibility and also differences between various facility levels in Shenzhen. The overall healthcare accessibility and its equality can be significantly improved by fully utilizing existing facilities. It is also demonstrated that allocating additional supply to lower-level facilities can generate larger accessibility gains. Furthermore, allocating new supply to primary facilities would mitigate the inequality in healthcare accessibility, whereas inequality tends to be aggravated with new supply allocated to tertiary facilities. These impacts cannot be captured by traditional accessibility measures. This study demonstrates the pivotal role of primary facilities in the hierarchical healthcare system. It can contribute to the literature by providing transferable methods and procedures for measuring hierarchical healthcare accessibility and assessing accessibility impacts of a hierarchical healthcare system in developing countries.

scholarly journals The Role of Accelerator Designs in Mitigating Bounded Rationality in New Ventures

2018 ◽  
Vol 64 (4) ◽  
pp. 810-854 ◽  
Author(s):  
Susan L. Cohen ◽  
Christopher B. Bingham ◽  
Benjamin L. Hallen
Keyword(s):  
Bounded Rationality ◽  
New Ventures ◽  
Multiple Case Study ◽  
New Venture ◽  
External Information ◽  
Start Up ◽  
Multiple Case ◽  
Established Firms

Using a nested multiple-case study of participating ventures, directors, and mentors of eight of the original U.S. accelerators, we explore how accelerators’ program designs influence new ventures’ ability to access, interpret, and process the external information needed to survive and grow. Through our inductive process, we illuminate the bounded-rationality challenges that may plague all ventures and entrepreneurs—not just those in accelerators—and identify the particular organizational designs that accelerators use to help address these challenges, which left unabated can result in suboptimal performance or even venture failure. Our analysis revealed three key design choices made by accelerators—(1) whether to space out or concentrate consultations with mentors and customers, (2) whether to foster privacy or transparency between peer ventures participating in the same program, and (3) whether to tailor or standardize the program for each venture—and suggests a particular set of choices is associated with improved venture development. Collectively, our findings provide evidence that bounded rationality challenges new ventures differently than it does established firms. We find that entrepreneurs appear to systematically satisfice prematurely across many decisions and thus broadly benefit from increasing the amount of external information searched, often by reigniting search for problems that they already view as solved. Our study also contributes to research on organizational sponsors by revealing practices that help or hinder new venture development and to emerging research on the lean start-up methodology by suggesting that startups benefit from engaging in deep consultative learning prior to experimentation.

Co-Constructing a Learning Community

2011 ◽  
Vol 1 (1) ◽  
pp. 39-49 ◽  
Author(s):  
Chris Robertson
Keyword(s):  
Learning Community ◽  
Community Of Practice ◽  
Occupational Therapists ◽  
Children And Families ◽  
Vulnerable Children ◽  
Wide Range ◽  
Common Understanding ◽  
Country Specific

This paper explores the development of professional understanding across a large group of professionals and academics from eight different countries engaged in an international project. The focus of the project was to develop a suite of appropriate electronic tools to support the wide range of professionals (doctors, teachers, care and family workers, psychologists and medical and occupational therapists) who may be involved in working with and providing support for vulnerable children and families, which would be relevant across European countries. This case study explores how effective communication developed between the members of the research group to enable greater common understanding of both cultural and country specific provision, needs, and the underpinning philosophy and principles behind current provision in different countries represented. It explores the role of a ‘learning community’ and a ‘community of practice’ (Lave & Wenger, 1998) in this process as a tool for developing understanding. It provides insights into related issues, and possible future lessons to be learnt.

Knowledge transfer in a start-up craft brewery

2019 ◽  
Vol 25 (1) ◽  
pp. 219-243 ◽  
Author(s):  
Andrea Cardoni ◽  
John Dumay ◽  
Matteo Palmaccio ◽  
Domenico Celenza
Keyword(s):  
Knowledge Transfer ◽  
Single Case ◽  
Development Phase ◽  
General Description ◽  
Content Type ◽  
Award Winning ◽  
Start Up ◽  
Practical Implications

Purpose The purpose of this paper is to explore the role of the entrepreneur in the knowledge transfer (KT) process of a start-up enterprise and the ways that role should change during the development phase to ensure mid-term business survival and growth. Design/methodology/approach An in-depth, qualitative case study of Birra Flea, an Italian Craft Brewery, is presented and analysed using Liyanage et al.’s (2009) framework to identify the key components of the KT process, including relevant knowledge, key actors, transfer steps and the criteria for assessing its effectiveness and success. Findings The entrepreneur played a fundamental and crucial role in the start-up process, acting as a selective and passionate broker for the KT process. As Birra Flea matures and moves into the development phase, the role of the entrepreneur as KT’s champion needs to be integrated and distributed throughout the organisation, with the entrepreneur serving as a performance controller. Research limitations/implications This study enriches the knowledge management literature by applying a framework designed to provide a general description of KT, with some modifications, to a single case study to demonstrate its effectiveness in differentiating types of knowledge and outlining how KT can be configured to support essential business functions in an SME. Practical implications The analysis systematises the KT mechanisms that govern the start-up phase of an award-winning SME, with suggestions for how to manage KT during the development phase. Seldom are practitioners given insight into the mechanics of a successful SME start-up; this analysis serves as a practical guide for those wishing to implement effective KT strategies to emulate Birra Flea’s success. Originality/value The world’s economy thrives on SMEs, yet many fail as start-ups before they even have a chance to reach the development phase, presenting a motivation to study the early stages of SMEs. This study addresses that gap with an in-depth theoretical analysis of successful, effective KT processes in an SME, along with practical implications to enhance the knowledge, experience and skills of the actors that sustain these vital economic enterprises.

Family business governance: what’s wrong? What’s right? What’s next?

2019 ◽  
Vol 9 (1) ◽  
pp. 1-23
Author(s):  
Irfan Saleem ◽  
Faiza Khalid ◽  
Muhammad Nadeem
Keyword(s):  
Family Business ◽  
Generation X ◽  
Family Firm ◽  
Board Structure ◽  
Content Type ◽  
Academic Level ◽  
The Family ◽  
Governance Practices

Learning outcomes This case study can help the reader to understand how to build an effective board for family business, and why evolving board structure can help family firm to sustain for a longer period in Market. Reader can also learn about role of independent director, CEO's Succession process and ways to deal with duality issue that family owned enterprise may face during a transition from generation X to Y. Case overview/synopsis This teaching case study describes various decision-making situations using example of a Pakistani family firm and entrepreneurs who started the business few decades back in France. This partially disguised case is based on actual events. The data are collected based on discussions with family business owners and minutes of meetings. The objective of study is to make sense of the family business theories e.g. socio emotional wealth stakeholder and agency. Case readers can also learn about the family’s business governance practices using diverse scenarios presented in this case. Complexity academic level This study is suitable for graduate and undergraduate studies. Supplementary materials Teaching Notes are available for educators only. Please contact your library to gain login details or email [email protected] to request teaching notes. Subject code CSS 7: Management science.

scholarly journals Monitoring of verbal-linguistic development of pre-school children in Elementary school - RECEPTION project

2019 ◽  
Author(s):  
Ines Kruselj-Vidas
Keyword(s):  
School Library ◽  
Case Study Research ◽  
Literacy Skills ◽  
School Level ◽  
School Librarian ◽  
School Librarians ◽  
Childhood Education ◽  
Wide Range

The list of multiple tasks expected from a school librarian include a wide range of activities. Activity of crucial importance is advocating and argumentation how important is the development of basic literacy skills. The role of school librarians is unavoidable in this process. This presentation will show an example of school library practice and focus on the role of school librarian as designer, provider and researcher in the case study research at the school level. This research was done as an activity during international Erasmus+ project called RECEPTION (Role of Early Childhood Education in positive Transition/Introduction Outcomes for New pupils). 

A case study of facilities management for heritage building revitalisation

Facilities ◽  
2019 ◽  
Vol 38 (3/4) ◽  
pp. 201-217
Author(s):  
Huiying Hou ◽  
Hao Wu
Keyword(s):  
Decision Making ◽  
Business Strategy ◽  
Heritage Conservation ◽  
Facilities Management ◽  
Content Type ◽  
Study Approach ◽  
Facilities Design ◽  
Heritage Building

Purpose Heritage building revitalisation (HBR) is gaining its popularity to intervene historic buildings/sites for their conservation and reuse. Given that multiple stake-holding situations are often involved in HBR process, coordination or managerial problem may hinder versatile facilities design for operational efficiency while preserving the heritage values. To address the coordination challenge, this paper aims to examine the relevance and relative advantages of a FM-led revitalisation strategy for HBR, which the existing literature has not yet addressed. Design/methodology/approach This paper adopts a case study approach to a major HBR project in Hong Kong. This study conducted field observations and interviews, which were combined with publicly accessible policy and project information to identify stakeholders’ opinions and specifications for the role of facilities management (FM) in HBR project process. Findings The paper reveals the role of FM in coordinating the HBR process for the benefits of stakeholders and general community. FM allows a balanced approach to heritage building adaptation, sound user experience and broader community effects. This enables efficient decision-making, creative facilities design and effective public engagement. FM’s strength of fitting in the urban renewal context illustrates its comparative advantage for heritage conservation and revitalisation management. Research limitations/implications This study develops a conceptual map to identify FM’s role in heritage building conservation and revitalisation. This will enhance process evaluation and project decision-making that are central to heritage conservation policy and HBR intervention practices. Originality/value This study examines relevance and advantage of FM-led business strategy for HBR, which the existing literature has not yet addressed. It discovers FM’s strategic roles and initiates a conceptual framework for evaluation of heritage conservation management.

scholarly journals Who Needs Critical Friends? Independent Advisory Groups in the Age of the Police and Crime Commissioner

2018 ◽  
Vol 14 (3) ◽  
pp. 686-697
Author(s):  
Bill Dixon
Keyword(s):  
Local Community ◽  
Police Force ◽  
Main Argument ◽  
Critical Friends ◽  
Advisory Groups ◽  
Black Teenager ◽  
Set Up ◽  
Police Forces

Abstract In the early 2000s, many police forces in England and Wales set up independent advisory groups (IAGs) following an inquiry into the flawed investigation of the murder of a black teenager, Stephen Lawrence, by London's Metropolitan Police. Members of IAGs were to act as critical friends of the police providing independent advice on policies, procedures and practices, thus ensuring that no section of their local community was disadvantaged through a lack of understanding, ignorance or mistaken beliefs. Based on a case study of an IAG in an English police force, this article reviews the operation of IAGs following the radical changes made to police governance by the introduction of directly elected police and crime commissioners (PCCs). Its main argument is that more thought needs to be given to the role of IAGs in this new landscape and urgent steps taken to clarify their relationships with police forces and PCCs.

Farmer Experimentation as a Basis for Cropping Systems Research: A Case Study Involving True Potato Seed

1992 ◽  
Vol 28 (1) ◽  
pp. 19-29 ◽  
Author(s):  
M. J. Potts ◽  
Greta A. Watson ◽  
R. Sinung-Basuki ◽  
N. Gunadi
Keyword(s):  
Technology Development ◽  
Cropping Systems ◽  
Potato Production ◽  
Farming System ◽  
Potato Seed ◽  
True Potato Seed ◽  
Systems Research ◽  
Wide Range

SummaryThe radical concept of potato production from true potato seed (TPS) was adopted as a component of their farming system within three seasons by 23 farmers from Cibodas, West Java. The farmers showed an ability to conceptualize and experiment and desired concepts from which they could develop, through research, appropriate principles and field techniques. Information received solely as detailed practices or techniques hindered their progress, since they first needed to repeat the technique in order to understand the concepts and principles involved. Farmer experimentation resembled closely that of experimental station researchers, with the use of replication in space, often neighbouring farmers' plots, and time. Initial experiments covered a wide range of factors but within three seasons farmers had identified similar areas of concern which coincided with those of experiment station researchers worldwide. Farmer experimentation and the role of the researcher in this methodology for technology development are discussed.

Sign in / Sign up

Export Citation Format

Share Document