Lessons big‐company leaders can learn from SME entrepreneurs
Abstract
Purpose
The purpose of this study was to document the problem‐solving styles of SME entrepreneurs operating in an emerging market.
Design/methodology/approach
The authors conducted in‐depth interviews with ten successful company founders around Bangkok, Thailand. The discussion focused on the entrepreneurs' experiences during the early days of their businesses.
Findings
Entrepreneurs embraced risk. They emphasized learning‐by‐doing, leveraging current strengths and preparedness to fail before succeeding.
Originality/value
The authors describe some useful problem‐solving approaches that may be useful to leaders of big companies.
Keywords
Citation
Chanyatipsakul, T. and Wongsurawat, W. (2013), "Lessons big‐company leaders can learn from SME entrepreneurs", Strategy & Leadership, Vol. 41 No. 4, pp. 37-40. https://doi.org/10.1108/SL-12-2012-0001
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited