Strategic Management and Risk Assessment Advice for Small Businesses in the Custom Home Building Industry

2007 ◽  
Author(s):  
Jeffrey R. Borup
Keyword(s):  
Risk Assessment ◽  
Strategic Management ◽  
Small Businesses ◽  
Building Industry ◽  
Home Building

Becoming Strategic in Small Businesses

2014 ◽  
pp. 160-179
Author(s):  
Colleen E. Mills
Keyword(s):  
New Zealand ◽  
Small Business ◽  
Strategic Management ◽  
Small Businesses ◽  
Strategic Intent ◽  
Business Startup ◽  
Relational Process

While strategy has been described as a plan or pattern of actions aligned to a conscious intent, it can also be conceptualised as the deliberate activities those in business engage in to realise a strategic intent. It is this activity oriented conception of strategy that is fuelling the turn towards practice in strategy scholarship. This chapter draws on this perspective and the ‘communication as constitutive of organisations' (CCO) perspective to explore what is involved in becoming strategic in an active and experiential sense in a small business. To do this, it uses illustrations from a series of studies of business startup or restart from the creative, ICT, and construction industries in New Zealand. The empirically-based synthesis presents strategic management in small businesses as a relational process producing a narrative infrastructure that weaves together episodes of strategy praxis to produce a coherent thread that ‘tells the firm forward' (See Deuten & Rip, 2000). The chapter finishes by briefly exploring the implications of this view for those seeking to become more strategic in small businesses.

scholarly journals Diagnostics and monitoring of economic entities security

2019 ◽  
Vol 91 ◽  
pp. 08002 ◽  
Author(s):  
Elena V. Karanina ◽  
Olesya A. Ryazanova ◽  
Alexander N. Timin ◽  
Larisa P. Domracheva
Keyword(s):  
Risk Factors ◽  
Risk Assessment ◽  
Final Stage ◽  
Small Businesses ◽  
Integrated Model ◽  
Economic Security ◽  
Management Decisions ◽  
Main Factors ◽  
Definition Of

The article shows the place and role of economic entities in the system of economic security of territories. Various approaches to the definition of the term “economic security of small businesses” are considered. The main factors and threats to the economic security of economic entities of the territories are presented. Presents the author’s system of basic indicators of estimation of economic safety of economic entities of the territory. Offers on carrying out diagnostics and monitoring of risks are given. Recommendations as a rating of economic security of economic entities of territories are given. The procedure for monitoring the economic security of economic entities of the territories based on a risk-based approach can be represented in the form of five interrelated stages. This is the stage of collecting data on enterprises and the calculation of the necessary indicators. The stage of formation of the system of indicators, they are risk factors. Stage of processing indicators. The stage of building an integrated model of potential and risk assessment. In addition, the final stage of assessment of the complex level of economic security of economic entities of the territories. This will allow making management decisions in the field of development and support of small businesses at the territorial level.

Ergonomic interventions for the reduction of low back stress in framing carpenters in the home building industry

2003 ◽  
Vol 31 (6) ◽  
pp. 397-409 ◽  
Author(s):  
Gary A. Mirka ◽  
Mike Monroe ◽  
Todd Nay ◽  
Hester Lipscomb ◽  
Dan Kelaher
Keyword(s):  
Back Stress ◽  
Building Industry ◽  
Low Back ◽  
Home Building ◽  
Ergonomic Interventions

scholarly journals Housing Crises: A Theoretical Study of the Home Building Industry in Nigeria

2010 ◽  
Vol 3 (3) ◽  
pp. 16
Author(s):  
Ugo Joseph Nnanna
Keyword(s):  
Mergers And Acquisitions ◽  
Theoretical Study ◽  
Home Ownership ◽  
Housing Markets ◽  
Building Industry ◽  
Housing Sector ◽  
Home Building ◽  
Building Market

The paper examines the housing problems in Nigeria and the home building market on an international viability landscape with special references to the Nigerian housing sector. The paper creates a platform for a global building industry company that is well capitalized through a series of mergers and acquisitions (M&A). Furthermore, the emphasis on the establishment of a global building company is imperative because of its role in developing and emerging housing markets where home ownership has just commenced and mortgage financing is rare.

scholarly journals Standardization In The Home Building Industry: An Empirical Investigation Into The Compatibility Between Accounting And Estimating Cost Codes

2010 ◽  
Vol 8 (11) ◽  
Author(s):  
Mark D. Law
Keyword(s):  
Firm Size ◽  
Empirical Investigation ◽  
Number System ◽  
Large Percentage ◽  
Building Industry ◽  
Font Size ◽  
Numbering System ◽  
Home Building

<p class="MsoNormal" style="text-align: justify; text-indent: 0in; margin: 0in 0.5in 0pt; mso-pagination: none;"><span style="font-family: Times New Roman;"><em style="mso-bidi-font-style: normal;"><span style="color: black; font-size: 10pt; mso-themecolor: text1;">The purpose of this study was to investigate the utilization of standardized cost codes for the estimating and accounting functions related to the scale of operations by Pennsylvania&rsquo;s home building contractors.<span style="mso-spacerun: yes;">&nbsp; </span>Firm size was examined as to its impact on three issues in construction standardization practice:<span style="mso-spacerun: yes;">&nbsp; </span>1) the use of a standardized number system for estimating, 2) the use of a standardized number system for accounting, and 3) the use of the same standardized number system for both estimating and accounting.<span style="mso-spacerun: yes;">&nbsp; </span>Significant differences existed among firm sizes regarding all three items relating to standardized cost codes - a standardized numbering system used for estimating, a standardized numbering system used for accounting, and the same standardized numbering system used for both estimating and accounting functions</span></em><span style="color: black; font-size: 10pt; mso-themecolor: text1;">.<span style="mso-spacerun: yes;">&nbsp; </span><em style="mso-bidi-font-style: normal;">Overall, however, a large percentage of Pennsylvania home building firms are behind the curve with regard to their knowledge and utilization of standardized cost codes.</em></span></span></p>

Introducing Innovation into the Home Building Industry

2010 ◽  
Author(s):  
Sam Bowles ◽  
Mike Moore ◽  
Steve Shrader
Keyword(s):  
Building Industry ◽  
Home Building

АНАЛІЗ КОНКУРЕНТОСПРОМОЖНОСТІ МАЛИХ ПІДПРИЄМСТВ НА ПРИКЛАДІ ТОВ «МЕДІГРАН»

2022 ◽  
pp. 32-37
Author(s):  
Марія Бордюк ◽  
Валерія Геннадіївна Щербак
Keyword(s):  
Strategic Management ◽  
Small Businesses ◽  
Management Practices ◽  
Successful Implementation ◽  
Competitive Advantages ◽  
Depth Analysis ◽  
Organizational Inertia ◽  
Modern Business ◽  
Innovation Capacity ◽  
Sustainable Competitive Advantages

The article is an attempt to provide argument towards the need to rethink changes in the management framework of a business entity associated primarily with modern manifestations of competition and the lack of an effective competitive environment, as well as weak competitive edge and poor innovation capacity. Based on the Medigran company, the study explores key stages of competitiveness development in small businesses along with suggesting the following successive development phases: basic financial planning, forecast-based planning, planning focused on the external environment, strategic management, company internal monitoring. The hypothesis of the study is to offer insights and evaluate competitiveness development stages as well as efforts to its enhancing subject to the external and internal environment specifics. The purpose of the study is to explore the nature and assess the Medigran competitiveness, and to identify its core advantages to gain the company competitiveness in modern business settings. An in-depth analysis of management practices has enabled to identify an effective tool to manage the Medigran’s competitiveness based on the use of a situational approach. It is argued that successful implementation of administrative technologies in the context of strategic management of the company competitiveness, sales boosting policies, developing technical support, and creating competitive advantages will ultimately provide a synergistic effect. The findings demonstrate that to gain sustainable competitive advantages, it is critical to identify their priority sources, create promising opportunities, add value and build new fundamental competencies, as well as employ benchmarking, overcome organizational inertia, timely detect and update outdated knowledge, skills and processes.

DIGITALIZATION ISSUES IN THE STRATEGIC MANAGEMENT OF SMALL BUSINESSES

2021 ◽  
Vol 3 (10) ◽  
pp. 19-26
Author(s):  
Yu. V. Vilgina ◽  
◽  
A. M. Karyakin ◽  
S. L. Ozerov ◽  
D. K. Balakhanova ◽  
...  
Keyword(s):  
Strategic Management ◽  
Small Businesses ◽  
Digital Transformation ◽  
Digital Environment ◽  
Digital Space ◽  
The Relationship

The authors provide an overview of trends in the development of the digital space of small and medium-sized businesses, exploring the transformation of the concept and implementation features of the processes of forming the digital environment of an organization. The article reveals the need to implement digitalization processes in the strategic activity of the organization of small and medium-sized businesses. The concepts of digital transformation and digital maturity are disclosed, taking into account the peculiarities of functioning, the organization of small and medium-sized businesses. A method is proposed to assess the level of digital maturity of the enterprise, taking into account the relationship with strategic management elements. It is concluded that it is necessary to assess the level of digital maturity of enterprises for effective strategic management.

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