SBANC Newsletter

September 27, 2005

Issue 391-2005

QUOTE

"The number one benefit of information technology is that it empowers people to do what they want to do. It lets people be creative. It lets people be productive. It lets people learn things they didn't think they could learn before, and so in a sense it is all about potential."

        --
Steve Ballmer


FEATURE PAPER

The Role of Technology as a Competitive Weapon
in Each of the Five Phases of Growth

This paper was written by James W. Bronson and William L. Dougan of the University of Wisconsin-Whitewater and Maria Imelda R. Hizon of CGI. It was presented in 2004 at the 18th Annual USASBE National Conference.

Abstract
An entrepreneurial firm may start with a competitive advantage that may, or may not, be technology based; however, the firm must eventually employ competitive technology in order to survive in its industry. To grow and prosper, both practitioner and academics recognize that a firm must repeat the technology adoption decision as it transitions through the different stages of its life cycle. An examination of five growth stages suggests that technologies may maximize competitive advantage as the result of the firm’s ability to attract both capital and customers. Segments of relatively smooth growth, bounded by periods of rapid change and upheaval or revolution, are apparent when the life cycle of most firms is graphed. In order to be the most effective, firms should strive to implement pertinent new technologies during the periods of revolution in the growth curve. This paper demonstrates how an entrepreneur can leverage appropriate technology in each phase of a firm’s development as one component of competitive advantage. Over the life cycle of the firm, technology should facilitate: flexibility in product and service development and quality in the early stages; the management of complex operations in the middle stages; and both the consolidation and expansion of activities in the later stages. Thus, the adoption of appropriate technology keeps the company aware of the latest developments, helps it adapt to changing markets, and protects it from obsolescence.


Read the Entire Paper...

 

 

CONFERENCES

Continuous Improvement Conference
Who: The Association to Advance Collegiate Schools of Business (AACSB)
What:

Continuous Improvement Conference

Where: Philadelphia, Pennsylvania
When: October 1-3, 2005

IPSI-2005 MONTENEGRO
Who: International Purchasing and Supply Education & Research Association
What:

International IPSI-2005 Montenegro Conference

Where: Hotel Sveti Stefan, Montenegro
When: October 1-8, 2005

IBER Conference & TLC Conference
Who: The Clute Institute for Academic Research
What:

IBER Conference & TLC Conference

Where: Monte Carlo Casino in Las Vegas, Nevada
When: October 3-7, 2005

Leadership at the Top: The Selection, Globalization & Ethics of Executive Talent
Who: The Society for Industrial and Organizational Psychology, Inc.
What:

Leadership at the Top: The Selection, Globalization and Ethics of Executive Talent

Where: The Westin-St. Louis in St. Louis, Missouri
When: October 28-29, 2005

Institute for Small Business & Entrepreneurship
Who: Institute for Small Business & Entrepreneurship
What:

28th National Conference

Where: Hilton Hotel in Blackpool, UK
When: November 1-3, 2005


CALLS FOR PAPERS

Western Decision Sciences Institute
Who: Western Decision Sciences Institute
What:

35th Annual Meeting

Where: Hilton Waikoloa Village Hotel in Waikoloa, Hawaii
When: April 11-15, 2006

Submission Deadline:
October 1, 2005


IPSI 2006 - CALIFORNIA
Who: International Purchasing and Supply Education & Research Association
What: IPSI 2006 - CALIFORNIA
Where: Hotel Stanford Terrace in Palo Alto, California
When: January 8-11, 2006

Submission Deadline:
October 10, 2005 (abstract)
October 25, 2005 (full paper)


International Purchasing and Supply Education & Research Association
Who: International Purchasing and Supply Education & Research Association
What:

17th Annual North American Research / Teaching Symposium

Where: San Diego, California
When: April 6-8, 2006

Submission Deadline:
October 21, 2005


IPSI 2006 - MARBELLA
Who: Internet, Processing, Systems, and Interdisciplinary (Research)
What:

IPSI 2006 - MARBELLA

Where: Hotel Puente Romano in Marbella, Spain
When: February 10-13, 2006

Submission Deadline:
October 30, 2005 (abstract)
December 15, 2005 (full paper)


Small Business Research Forum on Small Business & Entrepreneurial Marketing
Who: Journal of Small Business Management/College of Business at Florida Atlantic University
What:

2nd Annual Office Depot Small Business Research Forum on Small Business & Entrepreneurial Marketing

Where:  Ft. Lauderdale, Florida
When: March 18, 2006

Submission Deadline:
November 15, 2005

TIP OF THE WEEK

Then and Now: Small Business Economic Indicators
Over 25 Years

 
1980
1985
1990
1995
2000
Today
Real gross domestic product ($trillion)
5.2
6.1
7.1
8.0
9.8
11.1
 
Unemployment rate (percent)
7.2
7.2
5.6
5.6
4.0
5.2
 
Consumer price index (1982=100)
82.4
107.6
130.7
152.4
172.2
193.4
 
Prime bank loan rate (percent)
15.3
9.9
10.0
8.8
9.2
5.8
 
Employer firms (million)
--
--
5.1
5.4
5.7
5.7
(e)
Nonemployer firms (million)
--
--
--
--
16.5
18.3
(e)
Self-employment, unincorporated (million)
8.6
9.3
10.1
10.5
10.2
10.6
 
Nonfarm business tax returns (million)
13.0
17.0
20.2
22.6
25.1
29.3
 
 
Note: all figures seasonally adjusted. Data for "today" are latest available; 2005 data are year-to-date; e = estimate
Source: Federal Reserve Board; U.S. Department of the Treasury, Internal Revenue Service; U.S. Department of Commerce, Bureau of the Census, Bureau of Economic Analysis; U.S. Department of Labor, Bureau of Labor Statistics

"Then and Now: Small Business Economic Indicators Over 25 Years." The Small Business Advocate Sept. 2005: 10.

 

 

ANNOUNCEMENTS

The SBI Network

SBANC has recently compiled a list of Small Business Institute, Small Business Management and Entrepreneurship institutions across the country. If you are aware of a small business and/or entrepreneurial program in your area, please take the time to drop by the SBI Network. If you find a mistake or an omission, you can let us know about it by clicking here, or clicking the link at the bottom of any of the SBI Network pages.

 

 

The SBANC Newsletter is provided as a service to the members of our affiliates: Academy of Collegiate Marketing Educators (ACME), Association for Small Business& Entrepreneurship (ASBE), Decision Sciences Institute (DSI), Federation of Business Disciplines (FBD), International Council for Small Business Congress (ICSBC), Institute for Supply Management, The International Small Business Congress (ISBC), Marketing Management Association (MMA), Small Business Administration (SBA), Service Corps of Retired Executives, Small Business Institute (SBI), Society for Marketing Advances (SMA), United States Association for Small Business & Entrepreneurship (USASBE), U.S. Department of Veterans Affairs and Western Decision Sciences Institute (WDSI). If you are interested in membership or would like further information on one of our affiliates, please see our web site at http://www.sbaer.uca.edu

 

 

 

SBANC STAFF

Main Office Phone: (501) 450-5300

Dr. Don B. Bradley III, Executive Director of SBANC & Professor of Marketing

Direct Phone: (501) 450-5345, E-mail: donb@uca.edu

Esther Mead, Graduate Research, E-mail: esthermead@gmail.com

Ashley Ford, Development Intern, E-mail: ASHatsbanc@hotmail.com

Olivia Johnson, Development Intern, E-mail: reneeatuca_2003@hotmail.com

To subscribe or unsubscribe to the SBANC Newsletter, please E-mail SBANC at sbanc@uca.edu

Small Business Advancement National Center - University of Central Arkansas
College of Business Administration - UCA Box 5018 201 Donaghey Avenue
Conway, AR 72035-0001
- Phone (501) 450-5300 - FAX (501) 450-5360