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Joel Chagadama
  • Hurlock, Maryland, United States

Joel Chagadama

Strayer University, MBA, Department Member
Forty-one percent of small American retail companies fail to succeed beyond 5 years. The purpose of this multiple case study is to explore strategies small retail business owners need for sustainability beyond 5 years. This study's data... more
Forty-one percent of small American retail companies fail to succeed beyond 5 years. The purpose of this multiple case study is to explore strategies small retail business owners need for sustainability beyond 5 years. This study's data were collected through face-to-face interviews with 4 small successful retail business owners located in the United States southeastern region. Based on the conceptual framework of Schumpeter's innovation theory, the paper provides 3 strategies that may prevent failure and lead to small business sustainability: passion and determination, market development and customer satisfaction, and business model innovation.
Approximately 75% of organizations' change initiatives fail to attain the expected results, affecting business growth and survival. Grounded in Lewin's three-step Model of Change, this qualitative multiple-case study explored... more
Approximately 75% of organizations' change initiatives fail to attain the expected results, affecting business growth and survival. Grounded in Lewin's three-step Model of Change, this qualitative multiple-case study explored strategies senior business leaders used to implement positive change. The participants were five senior business leaders who successfully experienced positive change management in their organizations. Data were collected from face-to-face semistructured interviews and various organizational documents and analyzed using Yin's five-phase analysis technique. The three business strategies for successful change implementation that emerged from data analysis were improving leadership support, implementing clear communication, and sustaining an influential organizational culture. A key recommendation was that open and effective communication allowed employees to understand the benefits of change and helped them embrace it. The implications for a positive s...
In today’s business environment, innovation has become strategic for any organization to survive. This empirical study aimed to analyze the relationship between innovation and performance in the law firm industry. The sample size of this... more
In today’s business environment, innovation has become strategic for any organization to survive. This empirical study aimed to analyze the relationship between innovation and performance in the law firm industry. The sample size of this study was GKJ Law Firm based in Washington, DC. Data were collected from the organization’s financial reports from 2010 to 2022. The results of the data analysis revealed a significant correlation between innovation and performance. The results indicated that using innovation theory enabled GKJ Law Firm to develop innovative strategies to sustain performance. The results also showed that innovation increases the organization’s viability and credibility. The implications of this study for positive social change include the potential to enhance tax revenues for the government and improve positive social change by promoting the benefit of legal compliance in local communities.
Voluntary employee turnover has caused considerable damage to small construction businesses, significantly affecting productivity, profitability, and sustainability. Based on job embeddedness theory, this qualitative multiple case study... more
Voluntary employee turnover has caused considerable damage to small construction businesses, significantly affecting productivity, profitability, and sustainability. Based on job embeddedness theory, this qualitative multiple case study aimed to explore strategies small construction business owners use to reduce voluntary employee turnover. Participants were 4 successful small construction business owners in Virginia who successfully implemented strategies that reduced voluntary employee turnover by 75% over 5 years. Data were collected from company documents and semi-structured interviews. The three primary themes that emerged from the data analysis were; effective human resource management, favorable working conditions, and employee engagement. A key recommendation for small construction business owners is to improve human resource management, working conditions, and employee engagement. Reducing voluntary employee turnover is critical to business cost reduction and increasing key...
The purpose of this qualitative multiple case study was to explore strategic managerial tools small business owners or managers use to sustain growth over time through Schumpeter’s innovation theory. Five small business owners located in... more
The purpose of this qualitative multiple case study was to explore strategic managerial tools small business owners or managers use to sustain growth over time through Schumpeter’s innovation theory. Five small business owners located in North America were interviewed through face-to-face open-ended interview questions. The results from data analysis collected through interview responses indicated that small business owners or managers attested that their businesses were developed when using innovation as a strategic managerial tool. By contrast, small business owners or managers agreed that the lack of using innovation and understanding the reality of the current business context had an adverse impact on business growth. The findings of this study may also provide small business leaders or managers with critical information to ensure success and better understand strategies small businesses need for long-term growth.
330 Website: www.ijbmr.forexjournal.co.in Innovative Strategies for Small Retail Companies' ░ ABSTRACT: Forty-one percent of small American retail companies fail to succeed beyond 5 years. The purpose of this multiple case study is to... more
330 Website: www.ijbmr.forexjournal.co.in Innovative Strategies for Small Retail Companies' ░ ABSTRACT: Forty-one percent of small American retail companies fail to succeed beyond 5 years. The purpose of this multiple case study is to explore strategies small retail business owners need for sustainability beyond 5 years. This study's data were collected through face-to-face interviews with 4 small successful retail business owners located in the United States southeastern region. Based on the conceptual framework of Schumpeter’s innovation theory, the paper provides 3 strategies that may prevent failure and lead to small business sustainability: passion and determination, market development and customer satisfaction, and business model innovation.
Forty-one percent of small American retail companies fail to succeed beyond 5 years. The purpose of this multiple case study is to explore strategies small retail business owners need for sustainability beyond 5 years. This study's... more
Forty-one percent of small American retail companies fail to succeed beyond 5 years. The purpose of this multiple case study is to explore strategies small retail business owners need for sustainability beyond 5 years. This study's data were collected through face-to-face interviews with 4 small successful retail business owners located in the United States southeastern region. Based on the conceptual framework of Schumpeter’s innovation theory, the paper provides 3 strategies that may prevent failure and lead to small business sustainability: passion and determination, market development and customer satisfaction, and business model innovation.
Research Interests: