PLANNING, ENTERPRISE PERFORMANCE AND OWNER/MANAGER PERSONAL VALUES

Bernice Kotey
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Bernice Kotey: The University of Queensland, Australia

Journal of Enterprising Culture (JEC), 1995, vol. 03, issue 04, 409-426

Abstract: The research demonstrates that owner/managers who undertake planning are distinguishable from those who do not plan in terms of personal values and performance levels. Data was obtained from a mail survey of small business furniture manufacturers in New South Wales, Australia. The analysis was based on 224 responses, a response rate of 34%.A typology of owner/managers was constructed, based on personal value factors, using cluster analysis. Differences among personal value types with respect to planning and enterprise performance were examined by multivariate analyses of variance using deviation contrasts.The results suggest that, in general, owner/managers place little emphasis on planning. However, some owner/managers undertake more planning than others. Owner/managers who placed greater emphasis on planning were identified with entrepreneurial personal values and with higher performance levels than those with lesser emphasis on planning.

Date: 1995
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DOI: 10.1142/S0218495895000210

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