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Full-Text Articles in Business
Small Business Survivability Beyond Five Years, Koyandome Freddy Koyagialo
Small Business Survivability Beyond Five Years, Koyandome Freddy Koyagialo
Walden Dissertations and Doctoral Studies
The United States has a high failure rate of small businesses, with 30% of small business failing within the first 2 years. The objective of this case study was to explore strategies successful small business owners use to achieve profitability beyond 5 years. The purposive sample for this study included 4 owners of successful small businesses in Atlanta, Georgia, who have been in business for at least 5 years. The conceptual framework was built upon disruptive innovation and susceptibility theory. Data were collected through semistructured interviews and company documents. The analysis revealed 3 themes, market research, passion and determination, and …
Leadership Skills For Success Of Home Health Care Agencies, Andrina Yankah
Leadership Skills For Success Of Home Health Care Agencies, Andrina Yankah
Walden Dissertations and Doctoral Studies
Small business managers often lack the leadership skills necessary to sustain their businesses beyond 5 years. The United States Small Business Administration reported that more than 65% of small business owners, including home health care agency managers, fail within the first 5 years of operation. Guided by Burns and Bass's transformational leadership theory, this multiple case study explored leadership skills that managers in home health care agencies need to sustain their new businesses beyond 5 years. The purposeful sample comprised of 3 managers from 3 different home health care agencies within a 75-mile radius of Baltimore, Maryland, that had demonstrated …
Strategies For Retaining Employees In The Hospitality Industry, Melvia Edna Scott
Strategies For Retaining Employees In The Hospitality Industry, Melvia Edna Scott
Walden Dissertations and Doctoral Studies
Employee retention is a critical issue for business leaders. The United States Bureau of Labor Statistics reported over 4.5 million employee separations in 2014 because of resignations, layoffs, or terminations. Hospitality managers face some of the lowest employee retention rates of any industry, which leads to poor customer satisfaction and decreased profitability. The purpose of this multiple case study was to explore the perceptions of 3 hospitality managers from 3 different mid-sized hospitality organizations in Brevard County, Florida. The conceptual framework for this study was built upon motivation theory; existence, relatedness, and growth theory; and expectancy theory. The data were …