Week 2 Notes.docx - The Five Stages of Small Business...

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The Five Stages of Small Business Growth The Five Stages - Existence - Survival - Success - Take-of - Resource maturity What Does the Five Stages Helps - better understand existing problems and anticipate future challenges - Small businesses are characterized by independence of action, difering organizational structures, and varied management styles 小型企業的特點是行 動獨立,組織結構不同以及管理風格各異 - For owners and managers of small businesses, such an understanding can aid in assessing current challenges Ex: the need to upgrade an existing computer system or to hire and train second-level managers to maintain planned growth - help in anticipating the key requirements at various points Ex: the inordinate time commitment for owners during the startup period 在啟 動期間對所有者的時間投入過多 Ex: the need for delegation and changes in their managerial roles when companies become larger and more complex 需要委派和更改其管理角色 - provides a basis for evaluating the impact of present and proposed governmental regulations and policies on one's business - aids accountants and consultants in diagnosing problems and matching solutions to smaller enterprises ex: The problems of a 6-month-old, 20-person business are rarely addressed by advice based on a 30-year-old, 100-person manufacturing company 一家有 30 年曆史,只有 100 名員工的製造公司的建議很少解決 6 個月,有 20 名員工 的企業的問題 For the former, cash-flow planning is paramount For the latter, strategic planning and budgeting to achieve coordination and operating control are most important Developing a Small Business Framework - uses business size as one dimension and company maturity or the stage of growth as a second dimension
While useful in many respects, these frameworks are inappropriate for small businesses on at least three counts 這些框架雖然在許多方面很有用,但至少在三 個方面不適合小型企業 - they assume that a company must grow and pass through all stages of development or die in the attempt 他們認為公司必須成長並經歷發展的各個 階段,否則就必死無疑 - the models fail to capture the important early stages in a company's origin and growth - these frameworks characterize company size largely in terms of annual sales 這些 框架主要根據年銷售額來描述公司規模 - ignore other factors such as value-added, number of locations, complexity of product line, and rate of change in products or production technology 增值,地 點數量,產品線的複雜性以及產品或生產技術的變化率 - to develop a framework we used a combination of experience, a search of the literature 文獻檢索 , and empirical research 實證研究 - the framework evolved into a five stages of development - Each stage is characterized by an index of size, diversity, and complexity and described by five management factors: managerial style, organizational structure, extent of formal systems, major strategic goals, and the owner's involvement in the business Stage I: Existence - In this stage the main problems of the business are obtaining customers and delivering the product or service contracted for 在此階段,企業的主要問題是 獲得客戶並交付合同規定的產品或服務 - Lawrence L. Steinmetz theorized that to survive, small businesses must move through four stages of growth. Each stage ending with a phase that must be dealt

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