Issues And Challenges Of Corporate Change Initiatives In Singapore's Small Business Sector
This paper1 explores the change propensity of owners of small and medium-sized enterprises (SMEs) and associated challenges in the Republic of Singapore. Based on both qualitative interviews and quantitative survey research amongst Singapore's SME owners and change advocates, it identifies s...
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Format: | Article |
Language: | English |
Published: |
Asian Academy of Management (AAM)
2003
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Online Access: | http://eprints.usm.my/35611/1/AAMJ_8-1-4.pdf |
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author | Menkhoff, Thomas Loh, Benjamin Kay, Lena |
author_facet | Menkhoff, Thomas Loh, Benjamin Kay, Lena |
author_sort | Menkhoff, Thomas |
collection | USM |
description | This paper1 explores the change propensity of owners of small and medium-sized enterprises
(SMEs) and associated challenges in the Republic of Singapore. Based on both qualitative
interviews and quantitative survey research amongst Singapore's SME owners and change
advocates, it identifies several critical issues with regard to the successful management of
organizational transitions in small firms: "the need to change", "the mindset of small
entrepreneurs", "change management know how" and "the value of external consultancy inputs".
The data suggest that awareness building measures and educational efforts are necessary to enable
more owners of local SMEs to benefit from change management tools and concepts as well as
respective external expertise. Change management training and exposure to "best" (sectoral)
change management practices and successful projects facilitated by external change agents might
help more small entrepreneurs to manage both intra-organizationally and externally induced
organizational changes more effectively. |
first_indexed | 2024-03-06T15:05:55Z |
format | Article |
id | usm.eprints-35611 |
institution | Universiti Sains Malaysia |
language | English |
last_indexed | 2024-03-06T15:05:55Z |
publishDate | 2003 |
publisher | Asian Academy of Management (AAM) |
record_format | dspace |
spelling | usm.eprints-356112017-07-13T08:29:21Z http://eprints.usm.my/35611/ Issues And Challenges Of Corporate Change Initiatives In Singapore's Small Business Sector Menkhoff, Thomas Loh, Benjamin Kay, Lena HD28-70 Management. Industrial Management This paper1 explores the change propensity of owners of small and medium-sized enterprises (SMEs) and associated challenges in the Republic of Singapore. Based on both qualitative interviews and quantitative survey research amongst Singapore's SME owners and change advocates, it identifies several critical issues with regard to the successful management of organizational transitions in small firms: "the need to change", "the mindset of small entrepreneurs", "change management know how" and "the value of external consultancy inputs". The data suggest that awareness building measures and educational efforts are necessary to enable more owners of local SMEs to benefit from change management tools and concepts as well as respective external expertise. Change management training and exposure to "best" (sectoral) change management practices and successful projects facilitated by external change agents might help more small entrepreneurs to manage both intra-organizationally and externally induced organizational changes more effectively. Asian Academy of Management (AAM) 2003 Article PeerReviewed application/pdf en http://eprints.usm.my/35611/1/AAMJ_8-1-4.pdf Menkhoff, Thomas and Loh, Benjamin and Kay, Lena (2003) Issues And Challenges Of Corporate Change Initiatives In Singapore's Small Business Sector. Asian Academy of Management Journal (AAMJ), 8 (1). pp. 1-16. ISSN 1394-2603 http://web.usm.my/aamj/8.1.2003/AAMJ%208-1-4.pdf |
spellingShingle | HD28-70 Management. Industrial Management Menkhoff, Thomas Loh, Benjamin Kay, Lena Issues And Challenges Of Corporate Change Initiatives In Singapore's Small Business Sector |
title | Issues And Challenges Of Corporate Change
Initiatives In Singapore's Small Business Sector |
title_full | Issues And Challenges Of Corporate Change
Initiatives In Singapore's Small Business Sector |
title_fullStr | Issues And Challenges Of Corporate Change
Initiatives In Singapore's Small Business Sector |
title_full_unstemmed | Issues And Challenges Of Corporate Change
Initiatives In Singapore's Small Business Sector |
title_short | Issues And Challenges Of Corporate Change
Initiatives In Singapore's Small Business Sector |
title_sort | issues and challenges of corporate change initiatives in singapore s small business sector |
topic | HD28-70 Management. Industrial Management |
url | http://eprints.usm.my/35611/1/AAMJ_8-1-4.pdf |
work_keys_str_mv | AT menkhoffthomas issuesandchallengesofcorporatechangeinitiativesinsingaporessmallbusinesssector AT lohbenjamin issuesandchallengesofcorporatechangeinitiativesinsingaporessmallbusinesssector AT kaylena issuesandchallengesofcorporatechangeinitiativesinsingaporessmallbusinesssector |