Doron Zilbershtein Doctoral Journey
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Transcript of Doron Zilbershtein Doctoral Journey
Presented by:
Zilbershtein Doron
A Qualitative Multi Case Study to Explore the Root Causes of Small
Business Failure
my Doctoral Journey
December 18, 2012
Death by the Power point
No More!
1
The Agenda
1
2
3
5
4
Motivation
Conceptual Framework
Theoretical Framework
My Contribution …If I could do it all over Again…?
Beyond the horizon…
Problem Statement
Literature Review
Research Questions
Methodology
The Participants
The Instrument
The FindingsImplications
RecommendationsConclusions
Q&ALiterature
Review Gap
Data Collection and Analysis Limitations
Evaluation of Finding
SBE Failure Predictive models
School of Thoughts
What it is all about ?
2
Motivation for the Study
• The personal reason• The professional reason • The academic reason
What It Is All About
75% new
SBEs don’t survive to
celebrate their first anniversary
44% of
U.S. payroll is generated by SBEs
The encouraging facts The sad facts
60% of job losses during the
last recession were among SBEs with Less than 20 employees
97% of the
U.S workforce is employed by
SBEs
Conceptual
Framework
The Entrepreneur-Venture-Organization Model (EVO)
Theoretical Framework
5
The Thirst for a Solution:
“…Is there a link between the attitude, thought processes, perception, intentions and behavior of successful and unsuccessful business entrepreneurs and their business outcomes?...”
The Problem Statement
Looking for the Vital Signs? Research Questions
9
“…Is there a link between the attitude, thought processes, perception, intentions and behavior of successful and unsuccessful business entrepreneurs and their business outcomes?...”
RQ3. What are the specific behavioral patterns, intentions, perceptions and attitudes can be identified and associated with SBE’s
success?
RQ4. What are the specific behavioral patterns, intentions, perceptions and attitudes can be identified and
associated with SBE’s failure?
RQ2. How does the entrepreneur’s thought process and cognition, lead to decision making and taking actions
that affect the failure of an SBE?
RQ1. How does the entrepreneur’s thought process and cognition, lead to decision making and taking actions
that affect the success of an SBE?
Literature
7
Revi w
SBE’s Failure
Why SBEs Fail?
What is a Small Business Enterprise (SBE)
What is a Failure
Theoretical Framework
Theory
Historical Perspective
Data Sources
Entrepreneur's Symptoms Venture
Symptoms
Organization’s Symptoms
SBE’s Failure Prediction Model
Need to define Need to define
Provides the foundation for
Need to explore
Need to explore
Need to explore
Need to exploreCan be observed through
Is property ofIs property of
Entrepreneur’s Symptoms
Entrepreneur’s Thought Process
Though-Behavior-Outcome (TBO)
Process
Entrepreneur's Perception
Entrepreneur’s Intentions
Leads to
Provokes
Entrepreneur’s Behavior
Is Part of
Venture Symptoms Organization’s Symptoms
Entrepreneur’s Failure Venture’s Failure Organizational Failure
Entrepreneur’s Decline Venture’s Decline Organizational Decline
Is Manifested Through Is Manifested Through Is Manifested Through
Leads to Leads toLeads to
Is Shaping the
Is Part of
Is Part of
Is Part of
Is Cause of Is Affecting
Entrepreneur’s Thought Process
Entrepreneur's Intentions
Entrepreneur's Perceptions
Subjective Norms
Entrepreneur's Decline
Organization’s Decline
Venture’s Decline
Provokes
Is a cause of
Leads to
Entrepreneur's Behavior
Entrepreneur’s Beliefs
Entrepreneur’s Cognitive Style
Entrepreneur’s Self Efficacy
Entrepreneur’s Perceived Behavior
Control (PBC)
Entrepreneur’s Orientation
Is a cause of
Influence the
SBE Failure Prediction Models
Ultimate Success
Fatal/Catastrophic Failure
Turning Point
DeclineFailure
A B C
SBE Failure Predictive Models
6
Literature ReviewG_a_
p • Inconclusive definitions of SBE failure. • Failure to link success or failure to the entrepreneur’s own vision. • Limited view through financial and economic lenses. • Exclusion of cognitive and behavioral aspects. • Being confused between a symptom/outcome and a root cause. • Ignoring the life cycle of failure – Every failure begins with a decline. • Ignoring the intangible assets of an SBE as major contributor to its success or failure. • Lacking a systematic transparent RCA.
10
Qualitative research design
Multi case study methodology Source:
http://www.effingerassociates.com/pages/current/methodology.htm
Method ology
The Participants
The Instrument
What’s On Your Mind?
Data Analysis
Data Collection
Data Synthesis
Data Evaluation
Lim
itati
on
This Study
Purposeful
sampling
Data gathering, sorting, processing, coding,
analyzing and synthesizing
Participants’
orientation
Researcher experience
11
• Evaluation• Process mapping• Resistance
-------------------------• Implementation• Training• Change support• Use of Technology• Staff Engagement
-------------------------• Improvements• Team Attributes• Consistency
TheIt Is All About …
Findings…
The In
terp
retation
“…Is there a link between the attitude, thought processes, perception, intentions and behavior of successful and unsuccessful business entrepreneurs and their business outcomes?...”
Attitude
Thought Process Perceptions
Intentions
Behavior Patterns
Evaluation
of findin
gs
15
Emerging
Themes
RQ2. How does the entrepreneur’s thought process and cognition, lead to decision making and taking actions that affect the failure of an SBE?
RQ1. How does the entrepreneur’s thought process and cognition, lead to decision making and taking actions that affect the success of an SBE?
Orientation & Disposition
Mindset Rigidity
Thinking Styles Spectrum
Pattern Recognition
Reasoning
RQ3. What are the specific behavioral patterns, intentions, perceptions and attitudes can be identified and associated with SBE’s success?
RQ4. What are the specific behavioral patterns, intentions, perceptions and attitudes can be identified and associated with SBE’s failure?
Sense of Transparency
Sense of Urgency
Sense of Relevancy
Depth of Perception
Peripheral Attitude
18
Implic
ations
19
• Emotions/Decision Making interplay • Merging patterns with opportunities • Encourage to think in an unstructured
manner under unpredictable environment
• New approach to raising funds• The reinforcement of emotional
intelligence role in entrepreneurial success
or simply
The Implications
The “Ah ha” Moment
Recommendations
20
Reco
mm
en
dati
on
s For Practice: Entrepreneurs
For Practice: Current and future researchers
For Future Research: Various topics & methods
For Practice: Academia
My Contribution…
The Purpose of an SBE
Theory of Planned
Behavior in Entrepreneursh
ip
Psychological aspects of
entrepreneurship
What is an SBE Failure?
EVO Model
Conclusions
To sum it up…The same as Starbucks is not about
the coffee…
This study is not about the failure of the
small business
functions ….
…as it is about understanding the importance of the
interaction between the entrepreneur’s left brain and its
right brain!
…as it is all about the people!
If I could do it all over again…• Keep the same committee• Use Mix Method • Expand sample size
The Monday Morning
Quarterback…
What have I learned from this Intellectual Expedition?
The Power ofStrength
The Essenceof Wisdom
The Nature ofPerseverance
The Value ofAuthentic
Relationships
The Importance of Self Confidence & Self Assurance
Beyond the Horizon…
Source: http://english11honors10-11.blogspot.com/2011/04/wednesday-13-april-beyond-horizon.html
Publish articles
Develop an instrument to assist “Corpreneurs”
Complete writing my book “Cultural Tsunami”Launch Boot Camp for Entrepreneurs: A series of workshops and webinars
The Myth about SBE Failure: Journal of Small Business Management
The Study: Journal of Business Venturing
The Research method: The Qualitative Report
The Entrepreneur’s Cognition and Thought Process: Journal of Entrepreneurship Theory and Practice
Develop an instrument to predict SBE’s survivability
In a …
My Final Thoughts…
A clue: “a nut shell”
4
I though I knew what I was against….and then reality
emerged!
At the beginning
clarity was a rare
commodity…
I needed to….
Transform myself from a creative to a scholar
writer…
I spent many hours burning the candle at both ends!!!
Formulating meaningful
opinions based on scattered pieces of information
was a challenge!
Doron
Zilbershtein
Committee Chair: Dr. Kenneth Gossett
Committee Member: Dr. Rocky Dwyer
Committee Members: Dr. Karen Yasgoor
Committee Member: Dr. Gene Fusch
questions?Any