Exploring turnaround strategies in high-tech SMEs

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IMANIPOUR NARGES; Jahandideh Alireza; DAVARI ALI

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Journal: JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT Year:2019 | Volume:12 | Issue:1 Page(s): 1-19

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Title

Exploring turnaround strategies in high-tech SMEs

Author(s)

IMANIPOUR NARGES | Jahandideh Alireza | DAVARI ALI | Issue Writer Certificate

Keywords

StrategyQ2

Turnaround StrategyQ1

Organizational DeclineQ1

اhigh-tech Small and Medium EnterprisesQ1

Abstract

Since most of the businesses face the Organizational Decline due to internal and environmental causes, the concept of turnaround strategies is one of the important concerns among business scholars and practitioners. Turnaround strategies are those which prepare the organization for facing the decline situation. Decline means, deterioration of organizations performance and resources in a specific period of time. In this article, we seek to explore different turnaround strategies among high-tech SMEs. We used a qualitative approach to address the articles main question. The sample was driven by high-tech SMEs which have experienced decline situation in their organizational life cycle. The survey data was gathered by depth interviews with 7 cases. The result shows that turnaround strategies can be divided into two main categories: Content-Oriented and Process Oriented. These strategies include Cost/Asset Retrenchment, Focusing on main activities, Growth and Recovery, Change in Organizational Structure and Change in Culture and Leadership.

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APA: Copy

IMANIPOUR, NARGES, Jahandideh, Alireza, & DAVARI, ALI. (2019). Exploring turnaround strategies in high-tech SMEs. JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT, 12(1 ), 1-19. SID. https://sid.ir/paper/131276/en

Vancouver: Copy

IMANIPOUR NARGES, Jahandideh Alireza, DAVARI ALI. Exploring turnaround strategies in high-tech SMEs. JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT[Internet]. 2019;12(1 ):1-19. Available from: https://sid.ir/paper/131276/en

IEEE: Copy

NARGES IMANIPOUR, Alireza Jahandideh, and ALI DAVARI, “Exploring turnaround strategies in high-tech SMEs,” JOURNAL OF ENTREPRENEURSHIP DEVELOPMENT, vol. 12, no. 1 , pp. 1–19, 2019, [Online]. Available: https://sid.ir/paper/131276/en

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