Business leadership strategies under tenuous economic conditions

Hicham Jaroudi and Mohamad S. Hammoud

International Journal of Applied Management Science, 2019, vol. 11, issue 4, 314-332

Abstract: Small and medium-sized enterprises (SMEs) in Lebanon are at risk of failure because of the geo-economic crisis. The purpose of this multiple case study was to explore strategies successful leaders of SMEs use to sustain their businesses during tenuous economic conditions. The target population for the research comprised six business leaders of SMEs in Beirut, Lebanon. Data were gathered from company documents and interviews and analysed using Yin's data analysis method. Four themes emerged: Leaders of SMEs embedded change management in their organisations, increased awareness in their organisations, created solid organisational and financial structures, and created and targeted niche markets.

Keywords: leadership; sustainability; change management; innovation; strategy; tenuous economic conditions; small and medium-sized enterprises; awareness; organisational structure; financial structure; niche markets. (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=103707 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:injams:v:11:y:2019:i:4:p:314-332

Access Statistics for this article

More articles in International Journal of Applied Management Science from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().