Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Managers of the Future Small Businesses - Essay Example

Comments (0) Cite this document
The researcher of this essay will make an earnest attempt to discuss and explore the question of managers of the future small businesses and the people and the soft skills they will require to successfully deal with the future challenges…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.1% of users find it useful
Managers of the Future Small Businesses
Read TextPreview

Extract of sample "Managers of the Future Small Businesses"

Download file to see previous pages This paper illustrates that managers who are reluctant to change, learn and adapt often find themselves at the difficult ends when future complexities arise. The competitive advantage which organizations strive to achieve may not be achieved or sustained if managers and leaders of the organization are not flexible enough to anticipate future changes. Private sector organizations are growing in complexity and with increasing competition; it has become relatively difficult for the organizations to actually face the future. In order to do so, organizations have to develop the skills of their people. What is critical to understand is the fact that organizations have to close the gap between the current skill set of their employees and the future skills required to perform their jobs. As such it becomes relatively critical for current organizations to develop people and soft skills which will be necessary for the managers of future. Organizations are considered an essential part of the society and the people working in such organizations are drawn from the same society and are affected by the way society is shaped. It is also critical to understand that to work effectively, it is important for firms to actually understand as to what are trends which may arise in future and need to be anticipated and learned. Since modern society moves very fast and new trends and images emerge almost every day, it becomes relatively critical for HR professionals to actually understand such trends and plan accordingly to find managers and leaders who can be equipped to deal with such is critical to note that industrial societies such as UK and rest of Europe and US are now in a post-industrialization era wherein the new challenges and trends are entirely different than that of the past. In advanced economies, workers with low level and low-value skills may not be skilled enough to either work in modern organizations or even manage their own businesses. To achieve this objective, they need to develop new skills. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Managers of the Future Small Businesses Essay Example | Topics and Well Written Essays - 2500 words”, n.d.)
Managers of the Future Small Businesses Essay Example | Topics and Well Written Essays - 2500 words. Retrieved from
(Managers of the Future Small Businesses Essay Example | Topics and Well Written Essays - 2500 Words)
Managers of the Future Small Businesses Essay Example | Topics and Well Written Essays - 2500 Words.
“Managers of the Future Small Businesses Essay Example | Topics and Well Written Essays - 2500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managers of the Future Small Businesses

Small Businesses

...small businesses and this plays greater roles in its economy. A small scale business is one in which management is mostly independent and usually the manager is the owner, area of the operation is mainly local and ownership is held by an individual or small group of people (Analoui and Karami 2003). Setting up a small business, even in today’s competitive and complex marketing conditions, is critically important to the economy if the business man considers strategic planning as vitally important. Because, it is imperative for a businessman to foresee what specific...
13 Pages(3250 words)Essay

Growth strategies in small businesses

...: The resource- based view and information systems research: Review, extension, and suggestions for future research[ 1]. MIS Quarterly, 28(1): 107-142. Wymer, S., & Regan, E. (2005) Factors influencing e-commerce adoption and use by small and medium businesses. Electronic Markets, 15(4): 438-453. Xu, M., Rohatgi, R., & Duan, Y. (2007) E-business adoption in SMEs: Some preliminary findings from electronic components industry. International Journal of E-Business Research, 3(1): 74-90. Zhou, K., Yim, C. K., & Tse, D. K. (2005) The effects of strategic orientations on technology- and market-based breakthrough innovations. Journal of Marketing, 69(2): 42-60....
1 Pages(250 words)Dissertation

Asian American immigrants and Small Scale Businesses

...Asian American immigrants and Small Scale Businesses Immigration is a controversial all over the world. There are many benefits and drawbacks associated with immigration. In 1980’s and 1990’s, America witnessed tremendous growth of small scale industries, mainly because of the contributions of the Asian immigrants. Many sociologists argue that one of the most important characteristics of Asian American immigrants is the high rate of small business participation. “The number of minority-owned businesses rose from less than 750,000 in 1982 to more than 1.2 million in 1987, nearly one-tenth of all of the nation's...
2 Pages(500 words)Essay

Small Businesses are Entrepreneurship

... dimensions of this statement. Discussion To define, “entrepreneurship is the capacity and willingness to undertake conception, organization, and management of a productive venture with all attendant risks, while seeking profit as a reward” (Hatten, pp. 148-149, 2011). A glance at all other definitions of entrepreneurship will verify the fact that entrepreneurship, entrepreneur of entrepreneurial spirit is seen in line, primarily, with the elements of innovation and risk taking. Without any doubts, large sized companies and organizations create mechanisms and systems to diversify and decrease their risk over the period (Hatten, pp. 148-149, 2011) of time; however, small businesses are the ones that face great deal of uncertainty... of...
8 Pages(2000 words)Essay

Information Security Small Businesses

...? Information Security for Small Businesses Information Security The advancement in the field of computers has carried mankind to another level. All fields of life have been revolutionized with its advent and have changed its mode of operations, for example, acquisition of education has been made easier with the emergence of virtual learning platforms; organizations have improved their business procedures with information management systems etc. Information systems manage information in such a way that all business processes can be executed in an effective and efficient manner. Information and data might be related to the...
4 Pages(1000 words)Research Paper

Cost Allocation in Small Businesses

...? COST ALLOCATION IN SMALL BUSINESSES goes here] [Your goes here] [Your college Cost Allocation in Small Businesses Cost allocation is basically a process in which costs of services are identified and assigned to operate any particular business activity. An important point regarding cost allocation is that it is more concerned with the allocation of costs to the right department or unit of an organization instead of being concerned about the actual cost that may incur. It is due to this reason that cost allocation is viewed as a process that helps managers in tracking the actual costs or expenses related to all ongoing operations...
4 Pages(1000 words)Research Paper

How globalization affect small businesses

...Go?gl, Hans-Joachim, and Clemens Schedler. Big Strategies for Small Business: Exceptional Projects in Europe. Basingstoke: Palgrave Macmillan, 2009. Print. Dess, Gregory G. Strategic Management: Text and Cases. New York: McGraw-Hill/Irwin, 2012. Print. Vernon, Heidi, and Lawrence H. Wortzel. Strategic Management in the Global Economy. New York: John Wiley, 1997. Print. Cooper, Cary L. Leadership and Management in the 21st Century: Business Challenges of the Future. Oxford: Oxford University Press, 2005. Print. Murphy, Paul B. Corporate Compliance Institute, 2005. New York, NY: Practising Law Institute, 2005. Print....
5 Pages(1250 words)Essay

Whats Holding Back Small Businesses

...What’s holding back Small Businesses? The global inflation trends have led to the closure of many businesses, increased interest rates for loans and heightened retrenchment of employees. Businesses have opted to cutting down their operational costs in order to maximize profits and remain in business. The global recession has led to the loss of profits for most of the businesses, low dividend earnings for the shareholders, lack of confidence of the management by the investors and subsequent dismissal of the entire management team. The dismissal and retrenchment of management teams and...
2 Pages(500 words)Article

Impact of Technology on Small Businesses

...for national economies because of their large contribution in terms of employment and turnover (Burns, 2007). Small Medium Enterprises (SME) according to the Bolton committee is defined as an independent local firm whose ownership and management is vested in the same individuals and market share is small. A firm is termed as SME when it meets two of the three criteria’s namely consisting “up to 250 employees, up to £50 million annual turnover and £43 million annual statement of financial position total” as given by the European Commission of 2003 (Amm, 2011, p.1). Small businesses like large firms, in their operations try to apply latest technologies in...
11 Pages(2750 words)Essay

How Globalization Affects small businesses

...Journalism leads to address How Globalization Affects small businesses Questions lead This lead offers an appealing introduction to a topic of significant importance and requires attention of the reader. It is appropriate in explaining a difficult concept that requires in-depth attention of the reader (Ballenger 163-4). To capture the interest of the reader, it would be better to introduce a question to evoke further inquiry by the reader into the work through continued reading. Example: To introduce a topic to the reader on globalization and its effects on small businesses, the issue can be posed as a question in this form, “Is globalization affecting the current...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Managers of the Future Small Businesses for FREE!

Contact Us