Screening Practices of New Business Incubators: The Evaluation of Critical Success Factors

1988 ◽  
Vol 12 (4) ◽  
pp. 59-81 ◽  
Author(s):  
James R. Lumpkin ◽  
R. Duane Ireland

New firms are an important mechanism through which new jobs are created. However, the new venture failure rate is greater than the rate of creation. Business incubators have been organized to bring new businesses together to increase the probability of success. Incubators do not guarantee success; however, evaluating potential clients on Critical Success Factors can minimize failures once the firm joins an incubator. This research investigates the screening practices of incubators and identifies unique groups of incubators. The screening practices were found to relate to sponsorship but not to physical characteristics or objectives.

Author(s):  
Chieh-Heng Ko

This chapter evaluates the operational performance of International Tourist Hotels in Taiwan, and explores the critical success factors that contribute to good performance. This research initially adopted data envelopment analysis (DEA) to measure the relative operational efficiency of 57 international tourist hotels in Taiwan. However, the DEA approach can only determine relative operational efficiency but does not identify the factors that give rise to inefficiency or lead to efficiency. Furthermore, DEA only calls attention to those hotels in which efficiency and inefficiency exist, but cannot provide suggestions on how to improve operational efficiency. A qualitative approach is a good way to address this limitation of DEA. Thus, after using DEA to evaluate hotel’s operational efficiency, this research used a qualitative approach to further explore the critical success factors that contribute to hotels having good performance in Taiwan. Through determination of these factors, this research provides hotel managers with a list of advice and recommendations to develop effective strategies to meet a highly competitive environment.


2018 ◽  
Vol 19 (3-4) ◽  
pp. 197-217
Author(s):  
Mario César da Silva ◽  
Izabela Simon Rampasso ◽  
Rosley Anholon ◽  
Robert Eduardo Cooper Ordoñez ◽  
Osvaldo Luiz Gonçalves Quelhas ◽  
...  

Author(s):  
Neeta Baporikar

With the convergence of information, communication and technology and global collaboration drives in modern management, it becomes imperative and crucial to understand the critical success factors (CSFs) for executives. In this globalized scenario, the internet has a dramatic impact on every kind of organization. It forms completely new challenges on the one hand but on the other hand it offers entirely new facilities. Additionally, spatiotemporal borders disappear. Totally new business models are being developed and companies have discovered completely new strategies to gain competitive advantage in this information age. Further, the advancements in society and technology, coupled with accelerations in globalization, competitive environments and changing customer's preferences have created new challenges as well as opportunities for executives. There is need to leverage on this vicissitude. To do so, it is essential to identify and understand the critical success factors (CSFs) fundamental to the success of executives and that is the core objective of this chapter.


2012 ◽  
Vol 2 (2) ◽  
pp. 1-9 ◽  
Author(s):  
Maha M. Alkhaffaf ◽  
Asmahan M. Altaher

Critical success factors are popular approaches that can be used as a key metrics to measure the success of companies. In this paper, the authors analyze the current state of e-marketing in Jordanian travel agencies by examining the implantation of critical success factors of e-marketing. The research model analyzes the relationship between critical success factors and online direct marketing. Explanatory studies were used by distributing a qualified questionnaire to the employees of seventeen important travel agencies in Jordan to get results and test the research model. The paper concludes that a need exists to consolidate and strengthen the integration of the critical success factors of e-direct marketing in Jordanian travel agencies. Travel agencies must use a new business model and find a new way to contact their customers so to increase customer loyalty. Further research on the field of e-direct marketing and in travel agencies is needed. E-direct marketing can increase revenue for travel agencies in Jordan.


Author(s):  
Neeta Baporikar

Internet has made a spectacular impact on all organization, creating completely new challenges on one hand and on the other offering entirely new conveniences. Through the establishment of digital networks, a considerably faster and less expensive way is created to exchange information with others. Moreover spatiotemporal borders disappear. Hence, entirely new business models are being developed and companies are discovering completely new strategies to gain competitive advantage in this information age. Traditional economies defined by regions and countries have shifted to more globally oriented markets. As the convergence of information, communication and technology (ICT) becomes imperative, global collaboration will drive modern management, making it indispensable to understand the critical success factors (CSFs) of doing it the e-way. Through in depth observation and desk analysis the paper aims to identify and understand the critical success factors vital for the success of eBusiness in these networked economies.


10.28945/4607 ◽  
2020 ◽  
Vol 15 ◽  
pp. 175-202
Author(s):  
Mina Ranjbarfard ◽  
Zeynab Hatami

Aim/Purpose: The purpose of this paper is to identify Critical Success Factors (CSFs) for Business Intelligence (BI) implementation projects by studying the existing BI project implementation methodologies and to compare these methodologies based on the identified CSFs. Background: The implementation of BI project has become one of the most important technological and organizational innovations in modern organizations. The BI project implementation methodology provides a framework for demonstrating knowledge, ideas and structural techniques. It is defined as a set of instructions and rules for implementing BI projects. Identifying CSFs of BI implementation project can help the project team to concentrate on solving prior issues and needed resources. Methodology: Firstly, the literature review was conducted to find the existing BI project implementation methodologies. Secondly, the content of the 13 BI project implementation methodologies was analyzed by using thematic analysis method. Thirdly, for examining the validation of the 20 identified CSFs, two questionnaires were distributed among BI experts. The gathered data of the first questionnaire was analyzed by content validity ratio (CVR) and 11 of 20 CSFs were accepted as a result. The gathered data of the second questionnaire was analyzed by fuzzy Delphi method and the results were the same as CVR. Finally, 13 raised BI project implementation methodologies were compared based on the 11 validated CSFs. Contribution: This paper contributes to the current theory and practice by identifying a complete list of CSFs for BI projects implementation; comparison of existing BI project implementation methodologies; determining the completeness degree of existing BI project implementation methodologies and introducing more complete ones; and finding the new CSF “Expert assessment of business readiness for successful implementation of BI project” that was not expressed in previous studies. Findings: The CSFs that should be considered in a BI project implementation include: “Obvious BI strategy and vision”, “Business requirements definition”, “Business readiness assessment”, “BI performance assessment”, “Establishing BI alignment with business goals”, “Management support”, “IT support for BI”, “Creating data resources and source data quality”, “Installation and integration BI programs”, “BI system testing”, and “BI system support and maintenance”. Also, all the 13 BI project implementation methodologies can be divided into four groups based on their completeness degree. Recommendations for Practitioners: The results can be used to plan BI project implementation and help improve the way of BI project implementation in the organizations. It can be used to reduce the failure rate of BI implementation projects. Furthermore, the 11 identified CSFs can give a better understanding of the BI project implementation methodologies. Recommendation for Researchers: The results of this research helped researchers and practitioners in the field of business intelligence to better understand the methodology and approaches available for the implementation and deployment of BI systems and thus use them. Some methodologies are more complete than other studied methodologies. Therefore, organizations that intend to implement BI in their organization can select these methodologies according to their goals. Thus, Findings of the study can lead to reduce the failure rate of implementation projects. Future Research: Future researchers may add other BI project implementation methodologies and repeat this research. Also, they can divide CSFs into three categories including required before BI project implementation, required during BI project implementation and required after BI project implementation. Moreover, researchers can rank the BI project implementation CSFs. As well, Critical Failure Factors (CFFs) need to be explored by studying the failed implementations of BI projects. The identified CSFs probably affect each other. So, studying the relationship between them can be a topic for future research.


2021 ◽  
Vol 8 (3) ◽  
pp. 267-279
Author(s):  
Kamran Ahmed Siddiqui ◽  
Mohammad Emad Al-Shaikh ◽  
Ishtiaq Ahmed Bajwa ◽  
Abdulaziz Al-Subaie

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