- E-ISSN2233-5382
- KCI
E-ISSN : 2233-5382
The Necessity of Startup Cultures Enhancement in a Competitive Business Environment
LEE, Cheol-Gyu
Abstract
Purpose: To thrive a competitive advantage in the highly competitive global market, a company must establish a strong startup culture, which creates a workplace environment that values innovation and creativity in solving business-related problems. This study investigates the importance of enhancing startup culture in a competitive environment to improve organizational performance, production and hence produce higher returns. Research design, data and methodology: We conducted the qualitative content analysis and its steps seek to ensure that the researcher adheres to a systematic analysis of the data. The method is used for subjective examination of content in any text data and the five steps minimize cases of errors or repetition in used content. Results: Our investigation based on previous literature resources indicates that leading strategies and creating a pleasant working environment are vital behaviors that companies should consider adopting and implementing to achieve a beneficial startup culture full of productivity and massive returns. Conclusion: This research aimed to discuss the necessity of startup culture's enhancement for for-profit companies and found that the adoption of a startup culture in a company is critical to its success. It is vital to building a solid startup culture to grow and gain a competitive advantage in the highly competitive business world.
- keywords
- Startup Culture, Firm Performance, Organizational Development
Reference
Akinwale, Y. O., Adepoju, A. O., & Olomu, M. O. (2017). The impact of technological innovation on SME's profitability in Nigeria. International Journal of Research, Innovation and Commercialisation, 1(1), 74-92.
Ali, BJ, & Anwar, G.(2021). An Empirical Study of Employees’Motivation and its Influence Job Satisfaction. International Journal of Engineering, Business and Management, 5(2), 21-30.
Alves, J. R. X., & Alves, J. M. (2015). Production management model integrating the principles of lean manufacturing and sustainability supported by the cultural transformation of a company. International Journal of Production Research, 53(17), 5320-5333.
Baldassarre, B., Calabretta, G., Bocken, N. M. P., & Jaskiewicz, T. (2017). Bridging sustainable business model innovation and user-driven innovation: A process for sustainable value proposition design. Journal of cleaner production, 147(March), 175-186.
Blomme, R. J., Kodden, B., & Beasley-Suffolk, A. (2015). Leadership theories and the concept of work engagement:Creating a conceptual framework for management implications and research. Journal of Management &Organization, 21(2), 125-144.
Brighouse, H., Ladd, H. F., Loeb, S., & Swift, A. (2018). Educational goods: Values, evidence, and decision-making. Chicago, IL: University of Chicago Press.
Bryson, J. M., Crosby, B. C., & Stone, M. M. (2015). Designing and implementing cross‐sector collaborations: Needed and challenging. Public administration review, 75(5), 647-663.
Chin, T., Li, G., Jiao, H., Addo, F., & Jawahar, I. M. (2019). Career sustainability during manufacturing innovation: a review, a conceptual framework and future research agenda. Career Development International, 24(6), 509-528.
Colbert, A., Yee, N., & George, G. (2016). The digital workforce and the workplace of the future. Academy of Management Journal. 59(3), 731-739.
Danish, R. Q., Asghar, J., Ahmad, Z., & Ali, H. F. (2019). Factors affecting ―entrepreneurial culture‖: the mediating role of creativity. Journal of Innovation and Entrepreneurship, 8(1), 1-12.
Doppelt, B., & McDonough, W. (2017). Leading change toward sustainability: A change-management guide for business, government and civil society. Oxfordshire, England:Routledge.
Gardner, W., & Cogliser, C. (2018). ―Walking the Talk‖ Alone:Leading and Following Authentically in an Inauthentic World. The Journal of Character & Leadership Development, 5(1), 5031.
Gravett, L. S., & Caldwell, S. A. (2016). Learning agility: The impact on recruitment and retention. New York, NY: Springer.
Hong, J. H. (2021). A Global Strategy of a Company that Uses Culture Content as its Core Business. The Journal of Industrial Distribution & Business, 12(6), 37-46.
Jabbar, A. A., & Hussein, A. M. (2017). The role of Leadership in strategic management. International Journal of ResearchGranthaalayah, 5(5), 99-106.
Kang, E., & Hwang, H. J. (2018). Strategic management plan for transnational organizations. The Journal of Asian Finance, Economics, and Business, 5(2), 119-128.
Katzenbach, J. R., & Smith, D. K. (2015). The wisdom of teams:Creating the high-performance organization. Boston, MA:Harvard Business Review Press.
Killian, G., & McManus, K. (2015). A marketing communications approach for the digital era: Managerial guidelines for social media integration. Business Horizons, 58(5), 539-549.
Komodromos, M., Halkias, D., & Harkiolakis, N. (2019). Managers’ perceptions of trust in the workplace in times of strategic change: The cases of Cyprus, Greece and Romania. EuroMed Journal of Business, 14(1), 2-20.
Kouzes, J. M., & Posner, B. Z. (2018). The student leadership challenge: Five practices for becoming an exemplary leader. Toronto, Canada.: John Wiley & Sons.
Kuckertz, A., Brändle, L., Gaudig, A., Hinderer, S., Reyes, C. A. M., Prochotta, A., ... & Berger, E. S. (2020). Startups in times of crisis–A rapid response to the COVID-19 pandemic. Journal of Business Venturing Insights, 13(June), e00169.
Kwiatkowski, C., & Miriam, P. (2016). Characteristics of the Startup Culture from the perspective of Organizational Culture Model. Czech Journal of Social Sciences Business and Economics, 5(3), 28-37.
Lazarova, T., Punjab, K., & Mannasseh, M. (2020). Building Company Culture and Enhancing Productivity In Startup Environment. Economy & Business Journal, 14(1), 59-66.
Lewrick, M., Link, P., & Leifer, L. (2018). The design thinking playbook: Mindful digital transformation of teams, products, services, businesses and ecosystems. Toronto, Canada.: John Wiley & Sons.
Li, K., Wilbarger, J. L., & St Louis, S. (2017). An innovative behavioral interview for pre-admission selection of occupational therapy students. Journal of Occupational Therapy Education, 1(1), 1-16.
Nantharath, P., Laochankham, S., Kamnuasilpa, P., & Kang, E. (2020). Fiscal Decentralization and Economic Growth in Thailand: A Cross-Region Analysis. International Journal of Financial Research, 11(1), 147-156.
Mazzei, M. J., Flynn, C. B., & Haynie, J. J. (2016). Moving beyond initial success: Promoting innovation in small businesses through high-performance work practices. Business Horizons, 59(1), 51-60.
Oplinger, J., Lande, M., Jordan, S., & Camarena, L. (2016). Making leaders: Leadership characteristics of makers and engineers in the maker community. American Journal of Engineering Education, 7(2), 65-82.
Pandita, S., & Singhal, R. (2017). The influence of employee engagement on the work-life balance of employees in the IT sector. IUP Journal of Organizational Behavior, 16(1), 38-57.
Pilukienė, L. (2017). Importance of motivation and work pay of young employees in the value creation chain of a business company: assessment of changes in and formation of expectations. Business, management and education, 15(2), 211-226.
Seong, D. H. (2021). Sports Leadership Theories for Improving Retail Service Quality on Customer Value. Journal of Distribution Science, 19(5), 13-21.
Shapiro, B., & Naughton, M. (2015). The expression of espoused humanizing values in organizational practice: A conceptual framework and case study. Journal of Business Ethics, 126(1), 65-81.
Stephens, B., Butler, J. S., Garg, R., & Gibson, D. V. (2019). Austin, Boston, Silicon Valley, and New York: Case studies in the location choices of entrepreneurs in maintaining the Technopolis. Technological Forecasting and Social Change, 146(September), 267-280.
Suomalainen, T., Kuusela, R., & Tihinen, M. (2015). Continuous planning: an essential aspect of agile and lean development. International Journal of Agile Systems and Management, 8(2), 132-162.
Todeschini, B. V., Cortimiglia, M. N., Callegaro-de-Menezes, D., & Ghezzi, A. (2017). Innovative and sustainable business models in the fashion industry: Entrepreneurial drivers, opportunities, and challenges. Business Horizons, 60(6), 759-770.
Wagemans, A., Witschge, T., & Deuze, M. (2016). Ideology as a resource in entrepreneurial journalism: The French online news startup Mediapart. Journalism Practice, 10(2), 160-177.
Wells, J. E., & Walker, N. A. (2016). Organizational change and justice: The impact of transparent and ethical leaders. Journal of Intercollegiate Sport, 9(2), 179-199.
Williamson, P. J., & De Meyer, A. (2020). 1. Addressing the Disruption Imperative. In Ecosystem Edge (pp. 1-22). San Francisco, CA: Stanford University Press.
Woo, E. J. (2021). The Relationship between Green Marketing and Firm Reputation: Evidence from Content Analysis. The Journal of Asian Finance, Economics and Business, 8(4), 455-463.
Woo, E. J., & Kang, E. (2020). Environmental Issues As an Indispensable Aspect of Sustainable Leadership. Sustainability, 12(17), 7014.
Wu, S. P. J., Straub, D. W., & Liang, T. P. (2015). How information technology governance mechanisms and strategic alignment influence organizational performance. MIS Quarterly, 39(2), 497-518.
Yue, C. A., Men, L. R., & Ferguson, M. A. (2019). Bridging transformational leadership, transparent communication, and employee openness to change: The mediating role of trust. Public Relations Review, 45(3), 101779.
Zameer, H., Tara, A., Kausar, U., & Mohsin, A. (2015). Impact of service quality, corporate image and customer satisfaction towards customers’ perceived value in the banking sector in Pakistan. International journal of bank marketing, 33(4), 442-456.
- Downloaded
- Viewed
- 0KCI Citations
- 0WOS Citations