Dissertation Title: Leadership Strategies for Improving Performance of SMEs in Saudi Arabia
Despite governmental support, healthy international trade and application of varied leadership styles, small and medium businesses in Saudi Arabia continue to struggle and are unable to sustain their operations. One of the factors that contribute to the decline of such firms is poor management. The study adopted the use of both quantitative as well as qualitative approaches in exploring the leadership strategies for improving the performance of small and medium enterprises in Saudi Arabia.
It uses surveys as well as secondary sources from various literatures to determine the leadership strategies that successful businesses in the Saudi Arabia have used to survive, especially during the tough financial times. The conceptual framework that is used in investigating the particular leadership strategies is the transformational leadership theory.
The theory has four tenets, which comprise of idealized influenced, individualized consideration, intellectual stimulation, and inspirational motivation. This research makes use of all these to determine particular ways of enhancing the profitability hence sustenance of the small and medium enterprise in the country. The intention of the study is to recommend the best leadership practices for small and medium enterprises.
The general objective of the study is to do a comprehensive study on Leadership Strategies for Improving the Performance of Small Businesses in Saudi Arabia. There exist various leadership strategies that when implemented have the potential of shifting fundamentally the organizational dynamics as well as the various strategic approaches to managing critical functions of small and medium businesses. The research will be guided by the following research questions:
How can leadership strategies be a tactical tool for enhancing success in the organization?
What are the leadership strategies that enhance the achievement of strategic business objectives?
What is the impact of strategic leadership on strategic development of SMEs in Saudi Arabia?
How do leaders drive organizational innovativeness as a strategy to implement change in the small businesses in Saudi Arabia?
How does ethical leadership influence the success of small businesses in Saudi Arabia?
Leadership Strategies Dissertation Contents
1 – Introduction Context of SMEs Background of the Study Key SME Enablers in Saudi Arabia Definition of SME Strategic Management Problem Statement Objectives of Study Research Questions Importance of the Study Limitations of the Study
2 – Literature Review Organizational Innovativeness as a component of Leadership Leadership versus Management Strategic Leadership Effective Strategy Implementation Ethical Leadership Theoretical Framework Great Man Theory Trait Theory Contingency Theory (Situational) Style and Behavior Theory Skills and Characteristics of Strategic Leaders Strategic Management Paradigm in Small Businesses in Saudi Arabia Proposed Research Framework
3 – Research Methodology Leadership Perceptions of small businesses in Saudi Arabia Research Design Case Study Research Data Collection Method and Period of Study Sample Population Data Analysis
4 – Presentation of Findings Gender Measure of Age Central Tendency Education Level Years of Experience in Business Area of Work Strategic Leadership Skills key to SMEs Commitment of Entrepreneurs The effectiveness of Monshaat Support Center Tactical Significance of Business Strategies Significance on Monshaat to Strategy Development Technology as an Essential Component of Growth Influence of Ethical Leadership Innovativeness Inferential Analysis ANOVA Model Summary Testing the Relationship between Response and the Explanatory Variables
5 – Analysis of Findings and Discussions
6 – Research Discussions Strategic Leadership Framework in SMEs Monshaat Support Center Organizational Innovativeness Information Technology Capability Presence of Monshaat Support Center Effective Strategy Implementation Ethical Leadership as a Strategic Tool for Growth
7 – Recommendations and Conclusion Recommendations Conclusion
Impact of Counterfeit Products on Consumer Purchase Intention – A Study into the Chinese Mobile Phone Industry
This dissertation focuses on the on-going growth, nature and prevalence of counterfeit products in the global market. These products are attaining popularity at a higher rate due to several factors that form the focus of this research study. These attributes include pricing, durability and reliability. As such this dissertation aims at assessing the impact that these attributes have on the consumer purchase intentions. In the data collection phase, this research study employs survey as the research strategy and questionnaires as the preferred research instrument. The dissertation further utilizes IBM SPSS 20 in analysing the data collected. Descriptive statistics, specifically mean analysis, is the employed.
The study concludes that the pricing of counterfeit mobile phone devices is the attribute that affects the purchasing intentions of Chinese consumers. Precisely, Chinese consumers perceive counterfeit devices as affordable and accessible compared to their genuine counterparts. The other attributes considered in the study, reliability and durability, do not affect the purchase intentions of Chinese consumers as much. This research aims at outlining the various aspects of counterfeit products and their role in influencing consumer purchase intentions. These aspects are broadly categorized as pricing, reliability and durability. Among the three, previous research reaches to a consensus that pricing plays a significant role in influencing consumer purchase intention. Genuine mobile handsets, especially in the smartphone category, are pricey making them unattainable to majority of the Chinese populace. Chinese people are more inclined into purchasing counterfeit smartphones. In terms of reliability and durability, prior research concedes that counterfeit products are subpar in both aspects. However, this conclusion is applicable for luxury fashion and clothing items. Mobile phones, on the other hand, are not subject to the wear-and-tear dynamics of the aforementioned items. On this basis, this dissertation is justifiable as it presents an aspect that was previously disregarded by previous research.
This research study narrows down its focus to assess the impact that counterfeit products have on the purchasing intentions of Chinese consumers. The Chinese mobile phone industry is vast and provides conclusive insight on these impacts. Of note, this research analyzes the aspects of counterfeit products such as pricing, durability and reliability.
Dissertation Aims and Objectives
To examine impacts of counterfeits pricing differences on consumer purchase intention in Chinese mobile phone industry
To examine impacts of counterfeits reliability differences on consumer purchase intention in Chinese mobile phone industry
To examine impacts of counterfeits durability differences on consumer purchase intention in Chinese mobile phone industry
MBA Dissertation – Impact of CSR on Business Practice
CSR Corporate Social Responsibility – This MBA dissertation explores the importance of implementing sustainable standards and initiatives in the meeting industry sector. In order to succeed in its aim, the following key aspects have been evaluated: the theoretical framework of sustainability itself and the increasing relevance of sustainability in the meeting industry and the inherent gaps in this; the most commonly implemented sustainable standards in the meeting industry sector and companies’ motives for adopting sustainability standards as well as to find out which factors influence on the organisation’s decision to implementing those initiatives; to define which challenges companies face when they implement sustainable standards.
Finally, to analyse why some companies are not certified yet, which sustainability activities these organisations do and if they plan to get certified with sustainable standards in the future. In contrast to the previous literature, which is suffered from lack of empirical knowledge, this research contributes to existing knowledge by implementing the convergent parallel research design and focusing on motives of the companies for implementing the standards, benefits and challenges faced by companies while implementing those standards, and how the adoption of sustainable initiatives and standards influence on customer loyalty.
The research is based on an analysis of survey with 120 responses from small, medium and large meeting industry companies (13% response rate), and on six (6) semi-structured interviews. The results reveal that the notion of CSR is popular concern among different companies and organisations in the industry. The findings also show that the implementation of sustainable standards becomes a part of the company’s everyday activities. In particular, the results show the implementation of sustainable standards is driven by several motives, such as increasing customer loyalty and satisfaction, ability to access international markets and acknowledging Social Responsibility. In addition, the findings reveal the main benefits of adopting the standards: fewer resources used and cut waste have been defined, while the main challenges are time consuming and expensive prices for certification. Moreover, it is important to highlight that some companies face challenges while implementing the standards such as lack of internal expertise on sustainable standards. It can be concluded, that providing of better and clear guidelines for implementing sustainable standards are needed.
To present the theoretical framework of sustainability and CSR and the increasing relevance of sustainability in the meeting industry and the inherent gaps in this.
To discuss the most commonly implemented sustainable standards in the meeting industry sector.
To conduct a primary research in order to determine the motives of the meeting industry companies to implementing sustainable standards.
To analyse benefits obtained from adopting sustainable standards as well as to find out which challenges the companies face while implement the standards.
To discover how certification with standards influences on customer loyalty and which reporting activities companies undertake or plan to undertake.
To analyse why some companies are not certified yet, which sustainability activities these organisations do and if they plan to get certified with sustainable standards in the future.
Business and management ethics encompasses numerous theories which provide adequate explanations on how moral and ethical issues in business can be addressed. They are important in management of businesses organizations because they set up the outline on which managers should monitor the distinctive operations in their organizations (Hasnas, 2013,112, p47-57). These theories are important in managing entities since they work towards establishing avenues that are important in guiding human beings in their daily activities. Theories like normative theory have been identified to be important in business management and organization control because it offers focus to managers and all other important stakeholders in the entity (Miles, 2012, 108, p285-98).
These theories attend to distinctive aspects in an organization which enables effective running of these entities. They have certain specifications which differentiate them from other theories and aid in outlining their purpose in a business setting. For instance, a theory like the normative theory is identified by its prescriptive nature and its ability to give direction on how certain actions should be done. It is known for its concerns about moral issues in an entity. This differentiates it from other theories like the philosophical ethics theory and many others. This paper therefore is focused towards establishing validity of stakeholder theory as an ethical theory which has been largely used in the business and organizational settings for long (Parmar, Freeman, Harrison, Wicks & Purnell, 2010, p10)
History of Stakeholder Theory
The stakeholder theory is an organization oriented as well as business focused theory which points out importance of shareholders in an entity, the rights that they deserve as well as benefits that they should get. These it explains based on the argument of maximizing shares of the shareholders their access to information as well as control on the issues of the organizations they are having shares in. the theory is said to have been established by Freeman in 1984 in order attend to ethical practices in business management (Purnell & Freeman, 2012, 108, p285-98.)
Understanding this theory it is significant to establish who these stakeholders are and what qualifications one have to be a stakeholder. This is important because it will help in ascertaining whether the arguments that the theory puts forth are valid or not. This in turn helps the study to identify the levels of ethics in this theory (Purnell & Freeman, 2012, 108, p285-98.)
.Stake holders are considered to be individuals or groups that have legal claims in the operation of an organization. These individuals or groups ranges from the local community where the business is situated to its suppliers, the people it employs, people possessing the organization`s stocks, its customers and all parties which plays important part in its existence (Wempe, 2008, 18, p549-53). The coordination of these groups is significant for development and growth of a company. Their interactions and coexistence will possibly determine the extent to which such a business entity can move in terms of prosperity, and it is due to exclusion that freeman noticed in his time that perpetuated development of stakeholder’s theory.
Stakeholder Theory Ethics
The theory can be considered ethical on different ground, first, ethics in the theory is identified by fact that it advocates for consideration of other parties which have important contribution in a firm. In this way it tries to disengage the ancient belief that operations in a business entity are directed towards increasing the profits of the stockholders while ignoring other groups like employees, customers and local community which have numerous parts to play in the well-being of the business. Stakeholder theory stipulates that apart from stockholders other parties should be given adequate attention and their priorities should not be neglected. In this way the theory advocates for selflessness, which is an ethical aspect in the society. It tries to decentralize benefits of businesses to everyone and ensure equity in gains of business outcomes (Parmar, Freeman, Harrison, Wicks & Purnell, 2010, p10). It also has an active campaign against high preferences on profits rather than on their stakeholders who ensure that these profits are generated. It does this by pointing out and explaining the values of every stakeholder in operation and sustenance of a business entity. Every constituency in a business has an important role they play to ensure that the objectives and goal of the firm are met. It is therefore not the efforts of the shareholders which generate quality outcomes in a business but a combination of different parties which serves different purposes. This makes ideas that business is a moral involvement where people who do not work benefit at the expense of those who bear larger part of responsibility to lack relevance (Purnell & Freeman, 2012, 108, p285-98.)
Human beings are not means to an end but rather the end itself, groups` contributions towards prosperity of any entity cannot be considered means to an end. By addressing this fact stakeholder theory is justified as an ethical theory. This is because it tries to address issues of exploitation of human capacities, creativities and potentials in a way that will not be egalitarian (Miles, 2012, 108, p285-98). The theory argues that every stakeholder groups needs to be awarded its share of contribution in promoting future of the entity they are associated with. This becomes ethical since it tries to prevent instance of exploitation and greed which might be making some entities in a business better off while others are getting worse off.
By addressing how operations in modern organizations which do not take interests like basic needs of its stakeholders in accounts is a moral foundation on which this theory is built on. The theory identifies issues such as safety and health of the employees and other stakeholders to be equally important in the process of generating profits for the stakeholders. In this way an ethical working environment is facilitated where activities from economic entities which might be having adverse effects on those who contribute to growth of such an organization can be attended to and compensated adequately (Purnell & Freeman, 2012, 108, p285-98.)
In establishing fundamental moral principle in any business operation the theory advocates for equality in sharing of benefits of a business involvement. It is more directed to the universal moral attribution of human personality which Charles Taylor advocated for in his time. This means that everyone who is actively contributing to any process is bound to be considered relevant and significance participant in the process. Such parties have to receive shares of the outcome of the productive process that they took part in minus any form of exclusion. As a result of this the theory addresses need to ethical appreciation of human agents as important component in production. This he theory explains that it should be on an equal level without any form of inequality (Miles, 2012, 108, p285-98).
Pragmatism also emerges as another reason for the theory to be accepted as an ethical postulation. This is based on notion that, by managing stakeholders the entity is not only operating on ethical grounds but promotes its capacities to succeed since stakeholders are important people that an organization cannot operate without. In the same way world is controlled by principles of ethics and it is these principles that help to create order in all sought of interaction and engagement. This calls for need to establish explanation of the world, what is in it and how it operates. This creates the ethical basis of the theory, since it helps in creating order by establishing what constitutes business management and the expected relations in the business relations.
The theory also calls for coexistence and establishing of strong relationships between the participants of a business organization. This proves ethics in the theory since it implies that there is no business which cans operate in evacuee. In the same way the stakeholders depend on the business is the same way the business relies on the well-being of stakeholders. This makes these two parties to be inseparable hence the need to cordially coexist.
Summary of normative and stakeholder theory
Normative theories basically judges whether an action is moral or immoral based on two aspects and these are the consequences that an action causes as well as based on the characteristics of the actions themselves, their nature and manner in which they are carried out. The theory argues that an action can be right or wrong provide that it is promoting and individual`s long-term gain or it undermines it respectively. This argument is founded on the concept of egoism, these can be personal impersonal or psychological. All of these aspects have a common argument in that they advocates for taking particular decisions and courses in life that benefits one self.
On the contrary the utilitarian aspect argues differently, since it tries to address its concern a way from individualism. In this way it advocates for business decisions and activities to be done in a way that don’t benefit oneself but a greater number of people. Human actions should be directed towards creating the greatest welfare of human person in a universal way so as to ensure that people are at the same level and that others do not get disadvantaged while others are benefiting (Wempe, 2008, 18, p549-53).
Therefore according to normative theory net worth of happiness and well-being of human beings should be given first priority in enacting decisions. People should also be presented with equal opportunities to help them discover their full potentials and also to help the gain from whatever activity they are being involved in. in so doing greater degree of morality and ethics will be achieved.
The martin Friedman’s view that business entities do not have any form of moral obligation or social responsibility if not increasing the profits that they generate in their operations is what is being referred to as shareholder theory. The theory argues that the shareholders are the main drivers of any business entity this calls for needs to be socially responsible to the shareholders and not their exclusion as it happens in most cases. The theory stipulates that business organization will not adequately attend to the society if it starts to concern itself with it. In this way it advocates for a society where the businesses ensure that the only responsibility they have on the society is to ultimately utilize their profits in a way that it does not operate outside set regulations and standards.
Critical analysis of both the normative and the shareholders theories provides imperical evidence can be established the shareholders theory is part of normative theory. This is because normative theory explains the importance of moral action to undertake when making certain decision. In the same way shareholder theory seems to be stressing on the same issue based on what should an organization do so that it does not make profit only but increase welfare of those who contributes to its growth.
Issues identified in the literature
There is issues of diversity in the stakeholder theory, the study realized that more than one variety of stakeholder theory do exist this is clearly presented by Goodpaster in his stakeholder analysis and stake holder synthesis. Therefore goes ahead to refute the idea of using stakeholders issues to introduce ethics in business management activities (Purnell & Freeman, 2012, 108, p285-98.). This issue can be resolved by identifying ethical practices which business institutions are supposed to incorporate in their operations so as to avoid contradictions which arise due to dualism in the theory. The other issue that the study has presented is absence of justifications for certain claims in the theory, this can be seen in Donaldson and Preston`s study which argues that the theory cannot be depended upon since it lacks proper justification for claim and postulations it makes. The other reason that the two give for inability to justify stakeholder theory is fact that the theory itself is a prescription of what is expected in an organizational setting and not description of what should be done to attain the expected ethical standards.
The theory is also divided between instrumental and normative theories. This makes its classification difficult undertaking since it bares characteristics of the two types of theories. It also deals with importance of managers and their contributions in a business. The theory points out reasons as to why stakeholders has to be given attention in an organization due to their financial contributions they make to business as well as other significant contributions. The work also focused on conflict within the stakeholder theory which makes it contradicts itself hence giving validation to the critics’ perspectives on why the theory should be applied as basis of ethics evaluation in an organization (Purnell & Freeman, 2012, 108, p285-98.)
Application of Stakeholder Theory
The theory was widely practiced in Australia in the period after the post-war, this practices was associated with increase and escalation of entities which called for managerial controls. Growth of huge corporations owned by the Americans as well as the increased bureaucracies in these periods to a large extent facilitated the development of this theory and its application. The need for its use was voiced by vast number of stakeholders in Australia at that time that seemed to possess limited influence on issues of management of entities where they were stakeholders (Wempe, 2008, 18, p549-53).
When establishing a theory it is significant to address all the aspects it is advocating for in a clear and precise way. This is to help avoid contradictions an inability to establish ethics in such postulations. Despite this collective inclusion of people who are an important part of a process is significant. This is because it promotes the sense of ownership and ethical values in the operations of such entities.
Hasnas, J 2013, Whither stakeholder theory? A guide for the perplexed Revisited. Journal of Business Ethics, 112, p47-57.
Miles, S 2012, Stakeholder: Essentially contested or just confused? Journal of Business Ethics, Prentice Hall, New York.
Parmar, B, Freeman, R, Harrison, J, Wicks, A &Purnell, 2010, Stakeholder theory: The state of the art. Academy ofManagement Annals, Prentice Hall, New York.
Purnell, L & Freeman, R, 2012, Stakeholder theory, fact/value Dichotomy, and the normative core: How Wall Street stops the ethics Conversation. Journal of Business Ethics, 108, p285-98.
Wempe, B 2008, Understanding the Teparation thesis: Precision after the Decimal point? Business Ethics Quarterly, 18, p549-53.
I hope you enjoyed reading this post on Stakeholder Theory and how it affects business. There are many other titles available in the business management and MBA dissertation collection that should be of interest to MBA students and academic professionals. There are many dissertation titles that relate to other aspects of business such as strategy, leadership, international business, mergers and acquisitions to name a few. It took a lot of effort to write this post and I would be grateful if you could share this post via Facebook and Twitter. Feel free to add your thoughts in the comments section. Thank you.
Title: Outstanding Management Dissertation Topics. Many management students studying at university often ask me what constitutes towards a quality management dissertation topic. There are many factors that contribute towards an outstanding management dissertation but it is always advantageous to examine important factors that underpin a dissertation. Firstly, a management dissertation provides the opportunity to research a particular business management topic that is relevant to your studies. Therefore, it is essential to base your management dissertation topic in this field of study. Your business management dissertation involves writing a significant piece of research, and provides hands-on experience in research design, data collection and data analysis all of which will be summarized in a concise conclusion section.
There are two common research approaches you will need to explore when starting your management dissertation. You may wish to undertake a quantitative study that may involve statistical analysis of survey data. You may opt for a qualitative study involving interviews and observation in organisations. Ultimately, you will naturally develop an enhanced understanding of management theory. When you undertake your management dissertation topic you will examine literature in order to identify potential research gaps, evaluate and reflect upon existing research. You will have the opportunity to critique management theory if deemed appropriate. Try to engage your dissertation supervisor and audience by clearly defining the vision, mission, aims and objectives of your management dissertation topic from the outset.
Management Dissertation Ideas
How will you kick start your management dissertation topic? I recommend that you examine previous research you have conducted in this field. Are you specialized in any business management theory? If so, look at expanding on this and incorporating it into your management dissertation topic. You will feel confident and more assured writing a dissertation in an area of research you are familiar with. I have a profound interest in entrepreneurship and submitted a handful of projects and an undergraduate dissertation in this field. When I began my MBA degree, I knew straightaway that I would expand on my knowledge of entrepreneurship and I am likely to submit my MBA management dissertation topic in this field. I must add that it was fulfilling when building upon my existing knowledge and it proved less stressful.
Furthermore, you will need to give an explanation of why you chose this particular management dissertation topic? You will need to expand on 2 – 3 research questions within your chosen management dissertation topic. A brief synopsis of approximately 300 words describing your field of study is advisable. It is recommended to include key literature resources used in the dissertation abstract or synopsis section of your management dissertation. Discuss the sample size disposition and a brief explanation of the methodology framework for collecting the data in your management dissertation. These important factors need to be discussed at the beginning of your research and need to be highlighted in your management dissertation topic.
Writing the Perfect Management Dissertation Topic
What will you gain from writing an engaging management dissertation topic? There is no doubt that you will enhance your writing and analytical skills. You will become more critical (within reason) of existing literature and research. You will not take everything you read and hear at face value, you will start to challenge existing knowledge within the business management field and you will become more commercially aware.
It is safe to say that once you have completed your management dissertation topic you will appreciate the range of methodologies in management research. You will demonstrate the ability of identifying, analyzing and integrating an existing body of literature into your management dissertation topic. You will be able to set out the principles of designing a viable research study and apply these in formulating a research study to investigate a management issue. Ultimately, you will demonstrate the ability of writing a quality management dissertation within demanding time constraints.
Sample Business Management Dissertation Topics
Choosing the best management dissertation topic from the outset is important but sometimes a student can experience a writing block or loss of enthusiasm, there are many factors that can cause this. It happens to many writers. It is inevitable and many academic writers struggle with writer’s block at some point. Below is a list of sample management dissertation topics that will inspire you to write your own management dissertation. The sample management dissertations below are supplied as a reference guide and should not be plagiarized. You should not fall into the trap of plagiarism – always refer to your university’s guide on referencing material, I cannot stress this enough. Be mindful that you will fail your degree if you plagiarize material. The management dissertation topics below have been submitted by undergraduate and postgraduate business management students.
Whether you choose to write your management dissertation on the topics above or if you developed your own management dissertation topic, you need to ensure that you write your research on something you are interested in and knowledgeable on – do not conduct research in a field you have no genuine interest in. As previously mentioned you can reduce a lot of pressure on yourself when writing research on a field of management you are comfortable and familiar with.