2015
DOI: 10.1016/s2212-5671(15)01653-6
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Management Challenges in the Context of a Complex View - SMEs Perspective

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Cited by 20 publications
(12 citation statements)
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“…This evaluation method can be effectively used, especially in terms of small and medium size enterprises (SMEs), since it has been found that SMEs are particularly sensitive to the internal complexity environment, as well as to the external complexity environment [44]. For this reason, SMEs need to pay attention also to the complexity management approach in order to entirely manage their sustainability in a turbulent business environment.…”
Section: Discussion Of Results Implications and Limitationsmentioning
confidence: 99%
“…This evaluation method can be effectively used, especially in terms of small and medium size enterprises (SMEs), since it has been found that SMEs are particularly sensitive to the internal complexity environment, as well as to the external complexity environment [44]. For this reason, SMEs need to pay attention also to the complexity management approach in order to entirely manage their sustainability in a turbulent business environment.…”
Section: Discussion Of Results Implications and Limitationsmentioning
confidence: 99%
“…Risk management is about risk identification, measurement, and the minimization of its effects on business operations, specifically in SMEs, as small firms have limited resources. One of the major challenges SMEs currently face is the management of complexities (Okręglicka et al, 2015). Globalization, economic fluctuations, dynamic markets, unstable demands, and challenges to manage resources put managers in a tough competition.…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…They rarely search for chances generated by the market, overlooking the importance of strategic planning. Such a formulation of the efficiency of their actions is possible due to their natural flexibility in terms of adjusting in the event of a change in the functioning factors, and the ability to use new resources when these become available (Okręglicka, Gorzeń-Mitka, Ogrean 2015, Haviernikova 2014). It's also needed to be stressed out, that such an approach to running a business is related to accepting a high level of uncertainty.…”
Section: Introductionmentioning
confidence: 99%