SBANC Newsletter
February 14, 2006
Issue 408-2006
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QUOTE
"When
you dance, your purpose is not to get to a certain place on the floor. It's
to enjoy each step along the way."
--
Wayne Dyer
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FEATURE PAPER
Intracultural Variation and Entrepreneurship: Exploring the Effect of Diversity
on National Levels of Innovation
The following paper was presented at the 2005 Association for Small Business
and Entrepreneurship (ASBE) Conference. It was written by
George M. Puia and Joseph Ofori-Dankwa of Saginaw Valley State University.
Abstract
Entrepreneurship research suggests a relationship between
national cultural and levels of innovation. Despite justification,
researchers have not used measures of intra-cultural variation (diversity)
in exploring the culture-innovation
link. This paper extends the culture – innovation research
by exploring the relationship between ethno-linguistic diversity,
an important
ICV construct and
national innovation levels.
Read
the Entire Paper...
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CONFERENCES
Association
of Collegiate Marketing Educator
|
| Who: |
Association
of Collegiate Marketing Educator (ACME)
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| What: |
2006 ACME Conference
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| Where: |
Sheraton, New Orleans, Louisiana, USA |
| When: |
March 1-4, 2006 |
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The
William S. Spears School of Business at OSU &
Oklahoma International Women's Forum
|
| Who: |
The
William S. Spears School of Business at Oklahoma State
University
& Oklahoma International Women's Forum
|
| What: |
Women's Business Leadership Program
|
| Where: |
Tulsa, Oklahoma, USA |
| When: |
March 1, 2006 |
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Diversity
Business
|
| Who: |
Diversity Business
|
| What: |
6th Annual National Multicultural Business
Conference
|
| Where: |
MGM Mirage in Las Vegas, Nevada, USA |
| When: |
March 29-31, 2006 |
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Allied
Academies
|
| Who: |
Allied Academies
|
| What: |
2006 Spring International Conference
|
| Where: |
Hilton New Orleans Riverside, New Orleans,
Louisiana, USA |
| When: |
April 12-15, 2006 |
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International
Council for Small Business
|
| Who: |
International
Council for Small Business (ICSB)
|
| What: |
51st World Conference
|
| Where: |
Grand Hyatt Hotel in Melbourne, Australia |
| When: |
June 18-21, 2006 |
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CALLS FOR PAPERS
International
Society of Business Disciplines
|
| Who: |
International
Society of Business Disciplines
|
| What: |
Semi-Annual Professional Meeting
|
| Where: |
Las Vegas, Nevada, USA |
| When: |
March 19-22, 2006 |
Submission
Deadline:
March 1, 2006
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Institute
for Business and Finance Research (IBFR)
|
| Who: |
Institute for
Business and Finance Research (IBFR)
|
| What: |
2006 Global Conference on Business and
Finance (GCBF)
|
| Where: |
Hotel Herradura: Golf Resort and Conference
Center in San Jose, Costa Rica |
| When: |
May 31-June 3, 2006 |
Submission
Deadline:
March 17, 2006
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The
Globalism Institute
|
| Who: |
The Globalism
Institute
|
| What: |
Thirteenth International Literacy Conference
on Learning
|
| Where: |
Montego Bay, Jamaica |
| When: |
June 22-25, 2006 |
Submission
Deadline:
March 22, 2006
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Society
for Marketing Advances
|
| Who: |
Society for Marketing Advances |
| What: |
2006 Conference
|
| Where: |
Gaylord Opryland Resort and Convention Center
in Nashville, Tennessee, USA |
| When: |
November 1 – 4, 2006 |
Submission
Deadline:
April 1, 2006
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Atlantic
Marketing Association
|
| Who: |
Atlantic Marketing Association |
| What: |
Annual Meeting
|
| Where: |
Francis
Marion Hotel in Charleston, South Carolina, USA |
| When: |
September 27-30, 2006 |
Submission
Deadline:
April 18, 2006
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TIP OF THE WEEK
Hiring
Employees
Hiring
employees is also called recruitment. Perhaps the most important thing
you can do is to bring other capable, motivated people into your business.
In the bestseller Good to Great, management expert Jim Collins says
great leaders "get the right people on the bus -- sometimes even
before a company decides exactly what business it will be in."
Here are some ways to bring employees into your business:
- Defining the
job.
Think about what you need this employee to do wand what kind
of skills
you will need.
- Posting the
job. Will you place an ad in a newspaper? Put up want-ad posters?
- Screening
resumes. A resume is a one-page summary of a person's education and work experience.
When
you post the opportunity,
ask for people who
want the job to mail or fax their
resumes.
- Interviewing
candidates. Use the resumes to choose several people to interview.
Beforehand, prepare
the questions you want to ask about
the individual's skills and ambitions.
- Checking
references. Ask the candidates who interest
you to provide at least two
references from previous employers
or other professional people
who can tell you about their
character.
- Negotiating
salary. You and the candidate you choose will have to negotiate how
much you intend to pay,
and any benefits the job includes,
such as health
insurance.
- Hiring. Once you
decide to hire someone, you will have paperwork to fill out
to start creating paychecks.
- Orientation. This
is the process of
introducing the employee
into the company
and teaching him or her about the
job.
| Mariotti,
Steve. Entrepreneurship: Starting and Operating a Small Business.
Upper Saddle River: Pearson/Prentice Hall, 2007. 282. |
When
to Consider Part-Time Entrepreneurship
These days, the conventional wisdom is that if you are serious about
starting a business, you ought to start a business full time and prepare
for it by doing a business plan. That makes a lot of sense, since a
business plan enables you to look at every aspect of your business.
Business plans are also important if you intend to ask others for expertise
or financial investments. However, running a business full time can
be a major commitment and is not always the best way to go about becoming
an entrepreneur.
There are three situations in which it might make better
sense to undertake a part-time business first. One of these is when
you are new to business
and need to gain basic experience. If you have not been involved
in pricing, buying, and selling, learning how to do such things makes
a lot of sense before launching the business of your dreams. You
might
want to obtain other types of experience before starting a full-scale
business or writing a business plan. These can include experience
in the industry, in the line of business, in the locality of the specific
market you plan to serve, in managing cash, or in managing yourself
in self-employment.
A second type of situation is one in which you lack
resources to pursue a full-scale business or create a business plan.
Time is probably the
ultimate resource, and starting a business can tax it heavily.
Estimates suggest that a business plan may take anywhere from 50 to
200 hours
or more if you are new to business and working on you own. Starting
a full-time business can absorb 70 hours a week or more in its
early stages. You might not be able to commit the time to work that
way,
and pursuing a precursor makes a lot of sense. It also makes sense
if you are missing other resources. Think about Dan Murza. He lacked
a resource -- inventory. By pursuing a small business online through
eBay, he was able to match his business scale to the resources
available.
The third type of situation is a narrow window of opportunity.
Dan saw this when the New York Giants were in the Super Bowl.
He identified
a time when interest would be high, and his Giant jersey would
be a hot property. He had to act fast, and that meant going the
part-time
route. Part-time businesses can generally be created quickly,
and they offer a concrete example of a business to customers, suppliers,
and
others. When there is not enough time to do a business plan or
get the entire business going, pursuing a part-time business
to
capture
the attention of others makes a lot of sense
| Katz,
Jerome A., and Richard P. Green. Entrepreneurial Small
Business. New York: McGraw-Hill/Irwin,
2007. 117. |
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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),
Federation of Business Disciplines (FBD),
International Council for Small Business (ICSB),
Institute for Supply Management (ISM),
The International Small Business Congress (ISBC),
Marketing Management Association (MMA),
Small Business Administration (SBA),
Service Corps of Retired Executives (SCORE),
Small Business Institute (SBI),
Society for Marketing Advances (SMA),
United States Association for Small Business & Entrepreneurship
(USASBE), U.S.
Department of Veterans Affairs (VA).. 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 Ashley
Ford, Development Intern
Garion
McCoy, Development Intern
Brandon
Tabor, Development Intern
To subscribe or
unsubscribe to the SBANC Newsletter, please E-mail SBANC at sbanc@uca.edu |
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