Abstract
There is very little known about the interplay between the management development and strategic issues associated with the birth and growth of the firm.1 Indeed, most of the advice, teaching, and other schemes tend to focus on relatively easy technical problems such as taxation, legislation or accounting procedures, and on solving problems rather than on the more difficult conceptual area of developing a total strategy.2
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Notes
Dalgleish, R. (1972) ‘Business Policy in the Small Firm with Reference to Company Development as a Policy Objective’, Management, Education and Development, August 3(2).
Beesley, M. E. and Birley, S.J. (1976) ‘Developing Education for Small Business: Toward a National Policy’, Management Education and Development, December, 7, part 3.
See, for example, Deeks, J. (1973) ‘The Small Firm: Asset or Liability’, Journal of Management Studies, February.
Chandler, A. D. (1962) Strategy and Structure (Cambridge, Mass: MIT Press).
See, for example, Stanworth, J. and Curran, J. (1977) Management Motivation in the Smaller Business (London: Gower Press).
See, for example, Golby, C W. and Johns, G. (1971) Attitude and Motivation, Committee of Inquiry on Small Firms, Research Report 7 (London: HMSO).
This point is made very strongly in Barnes, L. B. and Hershon, S. A. (1976) ‘Transferring Power in the Family Business’, Harvard Business Review, July/ August.
The issue of taxation on death or sale is not only a British phenomenon. See, for example, Bannock, G. (1976) The Smaller Firm in Great Britain and Germany (Wilson House Publications, Anglo-German Foundation).
Scott, B. R. (1971) ‘Stages of Corporate Growth’, unpublished paper, Harvard Business School.
Stanworth, J. and Curran, J. (1976) ‘Growth and the Small Firm: An Alternative View’, Journal of Management Studies, May. In their conclusions, Stanworth and Curran suggest that in growth situations contradictions between the entrepreneur’s self identity and his participation in the firm are likely to result.
Economists Advisory Group (1980) The Promotion of Small Business: A Seven-country Study (Shell UK Ltd). In this study Bannock suggests that the schemes for understanding, and thus encouraging, small firms in the UK are less well developed than in any other of the countries studied.
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© 1989 Macmillan Publishers Limited
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Birley, S. (1989). Corporate Strategy and the Small Firm. In: Asch, D., Bowman, C. (eds) Readings in Strategic Management. Palgrave, London. https://doi.org/10.1007/978-1-349-20317-8_6
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