Strategic sense-making and value creation in SMES

  • SONIA SARRAMI University of Tehran, Qom, Iran
  • ASADULLAH KORDNAEIJ Tarbiat Modares University, Tehran, Iran
  • MORTEZA SOLTANI University of Tehran, Qom, Iran
  • HAMID REZA YAZDANI University of Tehran, Iran
  • BAHMAN HAJIPOUR Shahid Beheshti University, Tehran, Iran
Palabras clave: Sense-making, SMEs, strategic sense-making, value creation. / Creación de sentido estratégico, Creación de sentido, Creación de valor, PyMEs.

Resumen

ABSTRACT

 

The present study aims to investigate the strategic sense-making effect as a sustainable advantage for improving value creation in SMEs. This research is descriptive and uses the survey method. To collect the data it was used field and data documentation. For data analysis, the Pearson torque correlation coefficient statistical tests and multivariate linear regression analysis were used simultaneously, and the secondary structural equation model was also used. The research findings indicate that there is a positive and significant relationship between the ability of strategic meaning and value creation of SMEs.

RESUMEN

 

El presente articulo tiene como objetivo estudiar el efecto de sentido estratégico como una ventaja sostenible para mejorar la creación de valor en las PyMEs. Esta investigación es descriptiva y utiliza el método de la encuesta. Para la recolección de datos se utilizaron datos documentales y de campo. Para el análisis de datos, se usaron simultáneamente pruebas estadísticas de coeficiente de correlación de torque de Pearson y análisis de regresión lineal multivariante y también se usó el modelo de ecuación estructural secundaria. Los resultados de la investigación indican que existe una relación positiva y significativa entre la capacidad de significado estratégico y la creación de valor de las PyMEs.

 

Biografía del autor/a

SONIA SARRAMI, University of Tehran, Qom, Iran
She studied Business management (M.A) at Tarbiat Modares University. She is now a Ph.D candidate at University of Tehran studying Policy Making. Her main interests are strategy formation and implementation.
ASADULLAH KORDNAEIJ, Tarbiat Modares University, Tehran, Iran
He studied public policy making (Ph.D) at Tarbiat Modares University. His position is professor at Tarbiat Modares University. His main interest is strategy making and implementing strategy in public and private organizations.
MORTEZA SOLTANI, University of Tehran, Qom, Iran
He graduated in Business management (Ph.D) from Shahid Beheshti University. He is now an Assistant professor at University of Tehran.
HAMID REZA YAZDANI, University of Tehran, Iran
He graduated in Human Resource management (Ph.D) from University of Tehran. His position is an Assistant professor at University of Tehran.
BAHMAN HAJIPOUR, Shahid Beheshti University, Tehran, Iran
He studied Business Management (Ph.D) at Shahid Beheshti University. He is now an Associate professor at Shahid Beheshti University.

Citas

AKGÜN, AE, KESKIN, H, BYRNE, JC & LYNN, GS (2014). “Antecedents and consequences of organizations technology sensemaking capability”. Technological Forecasting and Social Change, 88, 216-231.

BAFANDEH ZENDE, A, NOROUZI, D & AALI, S (2010). “A Study of the Problems of Small and Medium Industry Managers (SMEs) in East Azerbaijan Province”. Quarterly Journal of Industrial Management, Faculty of Humanities, Islamic Azad University, Sanandaj Branch, 13. 54-41.

COLLIS, DJ & MONTGOMERY, CA (1998). “Creating corporate advantage”. 71-83. Harvard Business School.

DERVIN, B (1999). “On studying information seeking methodologically: The implications of connecting metatheory to method”. Information Processing and Management, 35, 727-750.

DERVIN, B (2007) “Focus Groups for Participatory Research: Design using Systematic Dialogic Principles Drawn from Sense-Making Methodology, in Participatory Communication Research Section”. International Association for Media and Communication Research .IAMCR, Paris, France.

FISHER, ERDELEZ & MCKECHNI (2008). “Theories of information behavior”. Medham, NJ: Information Today.

FORNELL, C & LARCKER, DF (1981). “Evaluating structural equation models with unobservable variables and measurement error”. Journal of marketing research, 18 (1), 39-50.

HAMIDIZADEH, MR, HABIBI, M & HASSANBIGHI, E (2010). “RELATIONAL SOURCES OF VALUE CREATION IN DIVERSIFICATION IMPLEMENTING THROUGH INTERNAL DEVELOPMENT”.

HOSSEINI, SF, KHODADAD HOSSEINI, SH, KORDANAYIJ, A, AHMADI, P (2014). “Presenting a successful strategy implementation model in Iranian car companies”. Iranian Journal of Management Sciences, 9 (36), 1-24.

JANSEN, JJ, VERA, D & CROSSAN, M (2009). “Strategic leadership for exploration and exploitation: The moderating role of environmental dynamism”. The Leadership Quarterly, 20(1), 5-18.

KŐVÁRI, A & PRUYT, E (2013). “Lending to small and medium enterprises: a novel approach to credit portfolio management”. Proceedings of the International Conference of the System Dynamics Society.

LAMBERT, SC & DAVIDSON, RA (2012). “Applications of the business model in studies of enterprise success, innovation and classification: An analysis of empirical research from 1996 to 2010”. European Management Journal, 31(6), 668-681.

MAITLIS, S & CHRISTIANSON, M (2014). “Sensemaking in Organizations: Taking Stock and Moving Forward”. The Academy of Management Annals, 8(1), 57-125.

MAITLIS, S & SONENSHEIN, S (2010). “Sensemaking in crisis and change: Inspiration and insights from weick”. Journal of Management Studies, 47(3).

MARTINS, LL, RINDOVA, VP & GREENBAUM, BE (2015). “Unlocking the Hidden Value of Concepts: A Cognitive Approach to Business Model Innovation”. Strategic Entrepreneurship Journal, 9(1), 99-117.

MATEMILOLA, BT, A BANY-ARIFFIN, WNW AZMAN-SAINI (2013). “Impact of leverage and managerial skills on shareholders’ return”, Journal of Procedia Economics and Finance (Elsevier Publisher). 7: 103-115.

MILLS, JH (2003). “Making sense of organizational change”. London: Routledge.

MOSLEH, SA & KHALIFEH, M (2017). “SIMULATING AND POLICY MAKING OF INTERNAL AND EXTERNAL SMES'FINANCING PROBLEMS VIA SYSTEM DYNAMICS APPROACH”.

NEILL, S, MCKEE, D & ROSE, GM (2007). “Developing the organization's sensemaking capability: Precursor to an adaptive strategic marketing response”. Industrial Marketing Management, 36(6), 731-744.

PORTER, ME (1996). “What is Strategy?” Harvard Business Review, 76(6), 77-90.

PULLES, NJ, VELDMAN, J & SCHIELE, H (2014). “Identifying innovative suppliers in business networks: An empirical study”. Industrial Marketing Management, 43(3), 409–418.

RAHMANI, A, GHOLAMI GAKIEH, F, PAKIZEH, K. (2012). “The effect of financial flexibility on investment and value creation”. Accounting Advances, 4 (2), 53-76.

RAHNEMAYE RODPOSHTI, F (2007). “Activity-Based Management: A Value-Creating Approach in Dynamic Economic Business”, Termeh Publications, Tehran.

RAHNEMAYE RODPOSHTI, F (2010), "Financial Mathematics and Investment", 1, Tehran, Termeh.

RAHNEMAYE RODPOSHTI, F & EFTEKHARI ALIABADI, A (2010). “Develop a strategy with a value creation approach in financial institutions”. Financial Engineering and Securities Management, 1 (4), 129-148.

RAMÍREZ MOLINA, R., LAY, N & SUKIER, H (2020). “Gerencia Estratégica para la Gestión de Personas del sector minero de Venezuela, Colombia y Chile”. Información Tecnológica, 31(1), pp. 133-140.

RÍOS PÉREZ, J., RAMÍREZ MOLINA, R., VILLALOBOS ANTÚNEZ, J., RUIZ GÓMEZ, G & RAMOS MARTÍNEZ, Y (2019). “Elements, resources and capacities of agricultural production units: from a thoughtful analytical approach”. Utopía y Praxis Latinoamericana. Revista Internacional de Filosofía Iberoamericana y Teoría Social, 24(6), pp. 407-419.

RICCIARDI, F, ZARDINI, A & ROSSIGNOLI, C (2016). “Organizational dynamism and adaptive business model innovation: The triple paradox configuration”. Journal of Business Research, 69(11), 5487-5493.

SANDBERG, J & TSOUKAS, H (2014). “Making sense of the sensemaking perspective: Its constituents, limitations, and opportunities for further development”. Journal of Organizational Behavior, 36(S1), 6-32.

SCHILKE, O (2013). “On the contingent value of dynamic capabilities for competitive advantage: The nonlinear moderating effect of environmental dynamism”. Strategic Management Journal, 35(2), 179-203.

SUKIER, H; RAMÍREZ MOLINA, R; Parra, M; MARTÍNEZ, K; FERNÁNDEZ, G & LAY, N (2020). “Strategic Management of Human Talent from a Sustainable Approach”. Opción. Revista de Ciencias Humanas y Sociales, 36(91), pp. 929-953.

TEECE, DJ (2010). “Business models, business strategy and innovation”. Long Range Planning, 43(2–3), 172-194.

WARETH, H, HEIDARI, A, AKBARI, M (2018). “Investigating the Relationship between Strategic Meaningfulness and Business Model Innovation”. Business Management, 10 (2), 487-507.

WEICK, KE (1995). “Sensemaking in organizations”. Thousand Oaks, CA: Sage.

WEICK, KE, SUTCLIFFE, KM & OBSTFELD, D (2005). “Organizing and the process of sensemaking”. Organization Science, 16(4), 409-421.

YEH-YUN, L & ZHANG, J (2005). “Changing structures of SME networks: lessons from the publishing industry in Taiwan”. Long Range Planning, 38, 145-162.

Publicado
2020-08-19
Cómo citar
SARRAMI, S., KORDNAEIJ, A., SOLTANI, M., REZA YAZDANI, H., & HAJIPOUR, B. (2020). Strategic sense-making and value creation in SMES. Utopía Y Praxis Latinoamericana, 25(1), 477-490. Recuperado a partir de https://produccioncientificaluz.org/index.php/utopia/article/view/33560