Making strategic decisions in an emerging economy: Evidence from Chinese small and medium-sized enterprises

Document Type

Conference Proceeding

Faculty

Faculty of Business and Law

School

School of Management

RAS ID

5769

Comments

Huang, X. (2008). Making Strategic Decisions in an Emerging Economy: Evidence from Chinese Small and Medium-Sized Enterprises. In Managing in the Pacific Century: Proceedings of the 23rd ANZAM Conference 2008. Auckland, New Zealand.

Abstract

Chinese SMEs have contributed significantly to the national economy as the number of Chinese SMEs, particularly privately-owned SMEs, has been rapidly increasing over the past two decades. However, little research has been conducted on how Chinese SMEs make their strategic decisions. This research interviewed owners/managers from 20 Chinese SMEs. It is found that Chinese SME owners/managers underwent less complex processes in their strategic decision-making (SDM). They implemented their strategic decisions very quickly and often used their personal networks to gather information and involve others in the SDM processes.

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