Publication: Lessons big-company leaders can learn from SME entrepreneurs
Issued Date
2013-06-01
Resource Type
ISSN
10878572
Other identifier(s)
2-s2.0-84880144010
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Mahidol University
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SCOPUS
Bibliographic Citation
Strategy and Leadership. Vol.41, No.4 (2013), 37-40
Suggested Citation
Tana Chanyatipsakul, Winai Wongsurawat Lessons big-company leaders can learn from SME entrepreneurs. Strategy and Leadership. Vol.41, No.4 (2013), 37-40. doi:10.1108/SL-12-2012-0001 Retrieved from: https://repository.li.mahidol.ac.th/handle/20.500.14594/31436
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Title
Lessons big-company leaders can learn from SME entrepreneurs
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Abstract
Purpose: The purpose of this study was to document the problem-solving styles of SME entrepreneurs operating in an emerging market. Design/methodology/approach: The authors conducted in-depth interviews with ten successful company founders around Bangkok, Thailand. The discussion focused on the entrepreneurs' experiences during the early days of their businesses. Findings: Entrepreneurs embraced risk. They emphasized learning-by-doing, leveraging current strengths and preparedness to fail before succeeding. Originality/value: The authors describe some useful problem-solving approaches that may be useful to leaders of big companies. © Emerald Group Publishing Limited.