Efficiency, flexibility, or both? Evidence linking strategy to performance in small firms

Article Abstract:

The study analyzes performance in small firms in relation to efficiency and flexibility strategies using size as a contributing factor to develop competing hypothesis. It was found that firms that mixed efficiency and flexibility significantly underperformed, while no differences in performance were found between firms utilizing either only efficiency strategies or only flexibility strategies.

United Kingdom, Management dynamics, Management, Company business management, Small and medium sized companies

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A new perspective on a fundamental debate: a multilevel approach to industry, corporate, and business unit effects

Article Abstract:

The relative importance of industry, corporate, and business segment effects on a firm's performance and how it facilitates in the investigation of specific strategic factors within each class of effects are discussed.

United States, Strategic planning (Business)

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