How do Chinese SMEs make their strategic decisions?
Document Type
Conference Proceeding
Faculty
Faculty of Business and Law
School
School of Management
RAS ID
5072
Abstract
This paper investigated the strategic decision-making process (SDMP) in 20 Chinese small and medium-sized enterprises (SMEs). It interviewed 30 owners/managers from 20 SMEs located in the City of Anshan and nearby areas. We have found that the SDMP in the Chinese SMEs are less complex. Chinese SME owners/managers rely heavily on their external networks for identifying ideas and searching information, that the level of participation in the SDMP in the privately-owned SMEs is low, and that very few quantitative techniques are used by SMEs owners/managers in the SDMP. Implications are also proposed for policy-makers, managers, and SME researchers.
Comments
Huang, X., & Bin, D. (2006). How do Chinese SMEs make their strategic decisions?. Proceedings of the 8th Westlake International Conference on Small and Medium Sized Businesses.