Determining Factors for Achieving Success in Entrepreneurship

This paper represents the quintessence of our own research on the critical success factors identified by analysing the lives and deeds of 10 world leaders from an entrepreneurial perspective. In the research we looked for the answers to a series of questions such as: What defines these action people, who have calculated and taken risks to achieve the proposed objectives? What motivated these personalities to conquer minds, hearts, and territories? Where did they get the courage, they needed to act according to their dream? What were their strengths? What defines and differentiates a successful manager? Where is the boundary between the managerial style beneficial to the organization and the sinusoidal approach of the managerial path? The paper was made by substantiating these answers and developing a list of determining factors in achieving the success of an entrepreneur. The results obtained constitute a decalogue for entrepreneurs to achieve added value for the businesses they implement.

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Assessment of Critical Success Factors of TQM Culture in Hospitality Sector in Kosovo

International Journal of Research in Business and Social Science (2147-4478) ◽

10.20525/ijrbs.v6i1.652 ◽

2017 ◽

Vol 6 (1) ◽

pp. 65-77

Author(s):

Rejhane Zylfijaj ◽

Bujar Pira

Keyword(s):

Critical Success Factors ◽

Success Factors ◽

Added Value ◽

Critical Success ◽

Research Leadership ◽

Research Findings ◽

Hospitality Sector ◽

Hotel Sector ◽

And Training

This paper attemts to ilustrate how the managers and the staff of a 5 star hotel in Kosovo define quality. Furthermore, it explores the number of critical success factors related to TQM culture and how they are applied in the hotel operations. Different theories related to the quality in the field of service provision, more particular in hospitality or hotel sector and the introduction of the TQM culture in the same sector. A conceptual framework based on existing theories and literature is developed which is than confirms through the research findings and analysis. The findings suggest that most features associated with TQM, like critical success factors assessed throughout the research (leadership, customer focus, and training, communication, teams and staff empowerment) can produce an advantage for the 5 star hotel operations that will affect the quality of service. Furthermore, it confirms that some of the TQM aspects are applied and can be applied in 5 star hotel operations in Kosovo. The issue is whether these aspects are understood as TQM principles and whether their added value is embraced in the day-to-day running of the hotel. The outcomes imply that, indeed, the TQM culture is present in the The Hotel, a 5 star hotel in Kosovo. Some of the critical success factors are directly linked to TQM and some less and it also provides suggestions for improvement where needed, especially related to specific tools that are integral parts of the TQM culture.

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Critical Success Factors (CSFs) of Balanced Scorecard Implementation in Public Sector Institution (A Study in the Ministry of Foreign Affairs (MoFA) Indonesia)

Jurnal Ilmiah Administrasi Publik ◽

10.21776/ub.jiap.2020.006.01.14 ◽

2020 ◽

Vol 006 (01) ◽

pp. 118-126

Author(s):

Bernard Teguh Rizaldi Sirait ◽

Andy Fefta Wijaya ◽

Fadillah Putra

Keyword(s):

Public Sector ◽

Performance Management ◽

Balanced Scorecard ◽

Critical Success Factors ◽

Success Factors ◽

Foreign Affairs ◽

Management Tools ◽

Critical Success ◽

Determining Factors ◽

Study Support

Implementing Balanced Scorecard (BSC) in public sector’s performance management system is interesting, due to public sector’s concern for performance measurement. As one promising performance management tools, BSC was originally designed for the private sector institution, but later gaining its popularity among the public institutions. How well BSC implementation is possibly determined by some Critical Success Factors (CSFs). This study examined some CSFs in the BSC implementation in the Ministry of Foreign Affairs (MoFA) Indonesia using a qualitative study with an interactive model by Miles at al., (2014). This study found that BSC implementation brought changes in the MoFA’s performance, despite the absence of organizational changes for BSC adaptation. Top and middle management attention for the implementation and training and education are the most determining factors in the BSC implementation in MoFA. This study support the importance of the four CSFs examined in this study in implementing BSC in public sector.

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Critical Success Factors for Franchised Restaurants Entering the Kenyan Market: Customers’ Perspective

International Journal of Management and Sustainability ◽

10.18488/journal.11/2014.3.7/11.7.433.447 ◽

2014 ◽

Vol 3 (7) ◽

pp. 433-447

Author(s):

Lucy Gikonyo ◽

Adele Berndt ◽

Joseph Wadawi

Keyword(s):

Critical Success Factors ◽

Success Factors ◽

Response Rate ◽

Added Value ◽

Quantitative Methodology ◽

Critical Success ◽

Regional Markets ◽

Convenience Sampling ◽

Customers Perspective ◽

Clean Atmosphere

This article seeks to determine the critical success factors for franchised restaurants entering the Kenyan market from the customers’ perspective. We used a quantitative methodology by taking a survey. The respondents were identified using convenience sampling. A sample of 389 franchised restaurant customers was drawn and a response rate of 98.7% was obtained. It is suggested that the critical success factors for franchised restaurants from customers’ perspective include good and consistent products and product range (menu mix), competent staff who were clean, warm, courteous and welcoming, a pleasant and clean atmosphere, reasonable and stable prices of products and a convenient location with efficient service. This paper has added value in theory by identifying the critical success factors for franchised restaurants entering the Kenyan market from customers’ perspective. The findings can be used by restaurant franchises that seek to establish successful businesses in the Kenyan market and other similar regional markets.

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Critical Success Factors for Twinning Measure

PsycTESTS Dataset ◽

10.1037/t73901-000 ◽

2018 ◽

Author(s):

Franka Cadée ◽

Marianne J. Nieuwenhuijze ◽

Antoine L. M. Lagro-Janssen ◽

Raymond de Vries

Keyword(s):

Critical Success Factors ◽

Success Factors ◽

Critical Success

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Investigating the Critical Success Factors for Small Contractors to Implement Sustainable Construction

ICCREM 2020 ◽

10.1061/9780784483237.031 ◽

2020 ◽

Author(s):

Wenque Liu ◽

Ming Shan ◽

Bongang Hwang ◽

Junming Lye

Keyword(s):

Critical Success Factors ◽

Success Factors ◽

Sustainable Construction ◽

Critical Success

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Critical Success Factors in Russian R&D Projects in the Real Economy

Voprosy Ekonomiki ◽

10.32609/0042-8736-2010-11-41-61 ◽

2010 ◽

pp. 41-61

Author(s):

V. Andreev

Keyword(s):

Empirical Research ◽

Critical Success Factors ◽

Success Factors ◽

Innovation Process ◽

Real Economy ◽

Key Factors ◽

Industrial Products ◽

Successful Development ◽

The Real ◽

Critical Success

The article discusses the concept of "success" in relation to innovative business and its performance. The quantity of innovative projects that can consistently overcome the stages of the innovation process to achieve the desired result is defined. The author presents the results of empirical research of successful and unsuccessful projects of leading Russian innovative companies in various industries, identifies key factors of successful development of new industrial products.

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