Appropriating Turnaround Mechanisms For Sustainable Entrepreneurship

In successful nations, Small & Medium Enterprises, SMEs, constitute the bedrock of socio-economic development. Beginning with a vision to fill a gap in demand or supply, a plan is developed to enable successful entrepreneurship. The conceptualization of a plan precedes the appropriation of a strategy to counter business failure. This book, Appropriating Turnaround Mechanisms For Sustainable Entrepreneurship, is contextualized around the identification of strategies that can ensure the effective management of enterprises. It discusses how to synthesize the diverse streams of planning and performance. Planning is discussed to show how turnaround strategies can be sequenced to provide the panacea to enterprise mortalities. Strategic management is an exercise in the practice of knowledge of methods, options, choices, alternatives, and decision-taking approachesin turning around 'troubled organizations' and 'organizations in trouble'. The book builds on how to identify those appropriate techniques which would impact on an enterprise in such a way that it can build capability to manage change, and build distinctive advantage.