Sustain or Perish

Without being negative or cursing the flight of capitalism and technology, this chapter endeavors to record and analyze a few recent issues and their impact on human existence and suggests some simple measures that might restructure value-based consumption-production patterns to ensure livable conditions and sustainability for the seven billion people and the next generations on this beautiful planet Earth until the next ice age hits. Mankind is left with no alternative but rectifying the partially ‘corrupted' portion of ‘mind-ware' and reshaping the man-nature relationship for real survival and growth.

Key Drivers of Performance and Profitability in a Social Business

In order to build a successful strategy for any type of business, a strategic analysis needs to be performed. A strategic analysis consists of multiple elements, but it always starts with environmental scanning. This research focuses on that very first step by conducting an environmental analysis. It is a strategic tool that identifies all the external and internal elements, which could possibly affect the organization's performance. The aim of this research was not to provide all the final and conclusive answers. It was merely to explore the research topic with varying levels of depth. Additionally, this research tended to tackle new problems on which little or no previous research has been done by combining and elaborating well-known models, such as PESTEL, Porter´s 5 forces, and SWOT. The research problem of this chapter can be described as to determine the possibilities of starting a successful commercial business within the social welfare sector of Portugal.

Employee Engagement, “Myth or Reality”?

Employee engagement refers to an employee's highest degree of loyalty, commitment, and participation towards organizational goals, objectives, vision, and mission. It is a technique for instilling an intrinsic desire and passion for excellence in employees by winning their head, heart, and soul. In other words, it can be said it is an art and science of engaging people in authentic and recognized connections to strategy, roles, performance, organization, community, relationship, customers, development, energy, and well-being as we leverage, sustain, and transform our work linkages into results. An engaged employee understands the market context and collaborates with co-workers to enhance job performance for the betterment of the company. Engaged employees want their organization to be successful and excel because they are physically, professionally, emotionally, and even spiritually associated with its goals, objectives, purpose, vision, and mission. Employee engagement has grown into a vital component of business performance today.

Business Environment as Key Driver of SME Performance

The chapter established the effects of Nigerian market environment on SMEs performance. An empirical study was conducted with survey research design of 21,444 firms and a sample size of 1,102 was arrived at scientifically. Probability sampling methods were employed. An adapted validated questionnaire, and a 0.82-0.96 reliability coefficients range was used. Inferential statistics were used to analyse the data using SPSS software version 22.0. The findings reveal that Nigerian market environment had significant negative effects on the SME performance. The different components of the Nigerian market environment have different effects on the SME performance. The results imply that the environmental turbulence could be responsible for the high failure rate of SMEs in Nigeria. The study contributes to the body of knowledge on environmental and performance management by noting the criticality of the industry market environment in facilitating organizational performance.

Crisis Situation and Financial Planning for Sustainability

In any crisis or uncertain situation, it is necessary to carefully decide about three main points: when, what to invest, and which financial sources will be used. A profit reinvestment would be an effective and safe way of circulating money flows in a company. The first wave of COVID-19 has changed business conditions not only in the Czech Republic, but also it has an influence on financial decisions of entrepreneurs on how to use financial resources in individual segments of the company. The main goal of this chapter is to compare the reinvestment behavior in the company before the crisis based on primary research data (at least 425 respondents). The chapter includes results of different preferences influenced by COVID-19 uncertainty, and factor analysis has shown that availability of internal resources was important to survive restrictions and to be able to continue in financial planning to sustainably develop the business. Unfortunately, the relationship between business experience and main motives to invest wasn't confirmed.

Turkey's Entrepreneurship Development

Entrepreneurship is a key element for developing of economies in recent years. Turkey is a country that is experiencing entrepreneurship both in national and international area. The Turkish economy, especially after 1980, opened its doors to the world global economy, and entrepreneurship became more important in this new order. Before 1980, the big companies were established only in the big cities of Turkey. But after that time, they started to be founded in small cities, too. There are governmental support organizations in Turkey, which fund the entrepreneurship intentions. And there are also new regulations in recent years in Turkey, which enable entrepreneurship activities to establish online on internet processes. By comparison with other countries, it could easily be said that Turkey is also in the arena with facilitation and developing of entrepreneurship in the world scene. Turkish people know more about the increasing importance of entrepreneurship now.

Enhanced Innovation Process as a Key Driver of Bakery Performance

Small and medium-sized enterprises (SME) in the food sector play a pivotal role in contributing to the developing county's economy. In order to improve a small and medium-sized enterprises (SME), one key driver is innovation, and for innovation initiatives to grow and succeed, they depend largely on the leadership and the innovation capabilities of the firm. This chapter will shed more light on the impact of the enhanced innovation process on the performance of small and medium-sized enterprise (SME) bakeries. A qualitative study was conducted on 186 registered bakery owners/managers of bakeries. The results indicated that the relationship between enhanced innovation process and output level in small and medium-sized enterprises (SME) bakeries are significant. It has been revealed that the workforce's professional behaviour, the acquired competency through training, and the rewarding systems moderate the relationship between enhanced innovation process and output level in small and medium-sized enterprise (SME) bakeries.

Managerial Pamperdom and Prestige Entrepreneurship

Entrepreneurship has started to be used as a tool for individual interests as well as the implementation of innovative ideas. Sustainability in entrepreneurship requires corporate social responsibility and ethical principles in leadership. The fact that individual interests are a hidden aim in entrepreneurship puts justice and ethics in the background. Entrepreneurship is based on sustainable, ethical, corporate innovation, and creative thinking. Entrepreneurship, which is set forth with the individual secret goals of entrepreneurs, causes important problems in leadership and managerial context. Especially, managerial pamperdom and prestige entrepreneurship that emerged in professional organizations are introduced to the literature for the first time. It is thought that this chapter will make significant contributions to the fields of entrepreneurship, business, management, and strategy.

Policy Approaches to Promote Women Entrepreneurship in India

Women are traditionally regarded as homemakers and are restricted to household affairs and family customs. At the same time, the Indian society is a male-dominated one in the sociological setup, and the women are considered weak and dependent. The major problems of women's entrepreneurship development in India are poor degree of financial freedom for rural women, lack of direct ownership of the property, low risk bearing ability, and lack of contact with successful women entrepreneurs. Through their diligent work, determination, integrity, and dedication, these ambitious women are making a reputation for themselves and gained wealth. The primary objective of this chapter is to discuss the status and problems along with the solutions of women entrepreneurs in India. It also includes the significance of women's entrepreneurship and analyzes the policies of the Indian government for women in urban and rural areas. It will initiate a dialogue with policymakers on how to foster enhanced innovation in women-owned enterprises in India.

The Role of University, Structural, and Social Support Means on the Intention of Entrepreneurship

This chapter aims at studying the effect of the implicit factors on the intention of establishing an institution for the students of an Algerian university. The structural model of the study was proposed based on the Shapiro and Sokol model and the Ajzen model. The authors tested it on a sample of 163 university students at the University of Algeria 3. The model consists of a set of variables (the intention of establishing an institution as a dependent variable, structural and social educational support as independent variables). The results of the study showed that educational and social support factors affect the entrepreneurial spirit of students more than structural support. Value/authenticity of research enrich knowledge management literature that contributes to the search for how to support investment and support the intention to establish a special institution for young people through various mechanisms and means of support.