Managerial Labour Markets In Small And Medium Sized Enterprises

Any successful business depends on the quality of its management team. But for a very small firm the relationship between management and economic performance is often more visible. Understanding the workings of this relationship can be difficult, particularly when studying small firms that have become highly successful in a short space of time, so developing more complex management structures. This study offers a systematic analysis of this important labour market, drawing on themes of organizational behaviour, strategy and leadership and addresses the public policy issue - the people gap. By exploring aspects of ownership, motivation, promotion, incentives and training, this study discusses how these issues have very different implications when related to the context of small firms rather than that of large firms. A central question posed is how far economic performance is likely to be affected by these different patterns of ownership, organizational and management structures.

Focussing on the relatively few small firms which grew rapidly, this book, originally published in 1993 uses face-to-face interviews as well as published records to identify and analyse the managerial factors most closely associated with successful small firms. The volume concentrates on the following key managerial issues: In what respects do the managerial backgrounds and aspirations of the founders of fast-growth small firms differ from those of non-fast-growth small firms? How is the process of growth managed? What incentives, remuneration packages and communication systems are instituted? How do these characteristics and experiences differ in fast-growth small firms from both the traditional small firm and large-firm sector? To what extent is it possible to explain the relative economic performance of small firms in terms of differences in their ownership, organizational and management structures.

The majority of employees currently working in the private sector are now employed in small firms, yet little is known about their working conditions. This collection of essays addresses this gap. Based on theoretical analysis supported by contemporary empirical evidence, the book explores key areas of the employment relationship adding a new perspective to our understanding of contemporary work.

Managing People in Small and Medium Enterprises in Turbulent Contexts explores a range of human resource management (HRM) issues specific to small and medium-sized enterprises (SMEs). Based on a series of research studies and secondary sources of data, the book’s primary aim is to contextualise HRM issues in SMEs operating in a variety of national economic contexts that are (or have recently experienced) a turbulent situation. SMEs are the backbone of these economies. It is therefore critical that we study HR practices and concepts within such enterprises. The book covers HR practices in SMEs, such as recruitment and selection, training and development, performance evaluation and employee relations, by focusing on three types of turbulent economies: emerging market economies in Asia, the Pacific, Africa and Latin America; transition economies of Central and Eastern Europe; and crisis contexts in Southern Europe. Managing People in Small and Medium Enterprises in Turbulent Contexts is a useful resource for organisations, practitioners, academics and scholars in the fields of HRM, employee engagement, small and medium business management and other related disciplines.

Well-managed employment relationships can be a secret to business success, yet this factor is relatively poorly understood when it comes to small and medium-sized enterprises (SME’s). Written by active researchers with teaching experience, this book brings together the fields of entrepreneurship and human resource management for the first time, providing entrepreneurship students with a solid grounding in HRM as well as a platform for further critical engagement with the research. The concise and authoritative style also enables the book to be used as a primer for researchers exploring this under-developed terrain. As the only student-focused specialist book on human resource management in entrepreneurial firms, this is vital reading for students and researchers in this area, as well as those interested in small business and management more generally.

This volume provides a rigorous examination of key issues relating to employment in small businesses. These include an anlysis of the true extent of job crreation provided by small firms, the rleative quality of jobs in small firms, the growth of self-employment during the 1980s and the way in which the small firm interacts with its local labour markets. These issues are examined in an international context, wth comparative examples from the USA, the UK and Europe.

This book, originally published in 1989, studies both the growth and the barriers to growth of small firms. It examines market and industrial structures, also the role of investment institutions and their handling of small business accounts. There are chapters on management attitudes and ability considered as a potential barrier to development, and other problems such as lack of finance and of a suitably qualified workforce. The book stresses the importance of communicating the latest advances in technology to small firms, and urges the need to re-think government tax and procurement policies.

Originally published in 1989, this book analyses the economic and political position of the small firm in the 1980s, and in particular the relationship between small and large firms in an advanced capitalist economy. Focusing on the printing and clothing industries, it examines the industrial relation practices in these two contrasting sectors and shows that apparent industrial relations harmony – for example, the lack of strikes – should be put down to the powerlessness of the workforce rather than to contentment.