Designing a Model of the Factors Affecting the Revitalization of Small and Medium-Scale Ailing Food Industries
Subject Areas : Industrial Management
Rahim Rezaei Banafsheh
1
(Ph.D candidate in industrial management, Faculty of Management and Accounting, Shahid Beheshti University, Tehran, Iran)
Massoud Kassaei
2
(Associate Professor, Department of Industrial Management, Faculty of Accounting and Management, Shahid Beheshti University, Tehran, Iran)
Alireza Motameni
3
(Associate Professor, Department of Industrial Management, Faculty of Management and Accounting, Shahid Beheshti University, Tehran, Iran)
Keywords: company decline, revitalization of industry, small and medium-scale food industries,
Abstract :
The purpose of this study was to design a model of the factors affecting the revitalization of small and medium- scale ailing food companies and industries in Ardabil province. To this end, through reviewing the related literature and interviewing experts, first, 97 factors affecting the revitalization of these companies were identified, using the Fuzzy Delphi Method (FDM). Next, through exploratoratory factor analysis, the relationship between the factors was investigated. For this purpose, the factors in 10 demensions were determined and using fuzzy hierarchical analysis, these dimensions were ranked based on the views of 48 managers and senior experts of small and midum-scale food industreis in Ardabil. The results revealed the periorty of economic factors, factors related to infrastructure, factors related to research and development processes, factors related to financial problems, legal and judicial factors, respectively, and factors due to the sanctions, market-related factors, legislation related to work-place, organizing managers and staff, and social and cultural factors were the next priorities. According to the objectives of the research, the clustering of active food industries in Ardabil was done based on the available documents and the relevant industries were divided into five clusters. The effect size of each set of factors in each cluster was determined using multivariate regression method and finally the appropriate revitalization model for each cluster was identified and presented.
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Aparcana, S. (2017). Approaches to formalization of the informal waste sector into municipal solid waste management systems in low-and middle-income countries: Review of barriers and success factors. Waste management, 61, 593-607.
Badrinarayanan, V., & Arnett, D. B. (2015). Virtual New Product Development Teams: An Integrated Framework of Interface Effectiveness. In Revolution in Marketing: Market Driving Changes (pp. 109-119). Springer International Publishing.
Chiappetta Jabbour, C. J., Mauricio, A. L., & Jabbour, A. B. L. D. S. (2017). Critical success factors and green supply chain management proactivity: shedding light on the human aspects of this relationship based on cases from the Brazilian industry.Production Planning&Control,28(6-8),671-683.
Hadadian, Alireza; Ebrahim Rahimi and Omid Shabanbrun, (2017), Investigating the Impact of Market Orientation on New Product Performance Considering the Intermediary Role of Marketing Integration Capability, First International Conference on Management, Economics, Accounting and Educational Sciences, Sari, Future Research and Consulting Company, Payame Noor University of Neka. (Persian)
Hosseini, Seyed Mahmoud Nekouizadeh, Maryam. Old Reservoir, Maryam (2012). Analysis of marketing strategies of service companies during the recession. Business Management Perspective. 10(6), 117-139.. (Persian)
Irandoost, Mansour. (2014), Pattern of Relationship between Recovery Strategies and Performance in Recession (Case Study: Companies Listed in Tehran Stock Exchange), PhD Thesis, Faculty of Management and Accounting, Allameh Tabatabaei University. (Persian)
Khamseh, Abbas and Hamid Hanifi, (2015), Measuring the performance of new product development management in the Iranian automotive industry and ranking factors with TOPSIS technique, International Conference on Management Economics and Social Sciences, Spain. (Persian)
Kim, S. S., Im, J., & Hwang, J. (2015). The effects of mentoring on role stress, job attitude, and turnover intention in the hotel industry. International Journal of Hospitality Management, 48, 68-82.
Liu, P. (2017). Transforming turnaround schools in China: a review. School Effectiveness and School Improvement, 28(1), 74-101.
Luthra, S., Qadri, M. A., Garg, D., & Haleem, A. (2014). Identification of critical success factors to achieve high green supply chain management performances in Indian automobile industry. International Journal of Logistics Systems and Management, 18(2), 170-199.
Mangla, S. K., Govindan, K., & Luthra, S. (2016). Critical success factors for reverse logistics in Indian industries: a structural model. Journal of cleaner production, 129, 608-621.
Miglani, S., Ahmed, K., & Henry, D. (2020). Corporate governance and turnaround: Evidence from Australia. Australian Journal of Management, 45(4), 549-578.
Ngenoh, E., Kirui, L. K., Mutai, B. K., Maina, M. C., & Koech, W. (2015). Economic determinants of the performance of public irrigation schemes in Kenya.Journal of Development and Agricultural Economics,7(10),344-352.
O'Cass, A., & Heirati, N. (2015). Mastering the complementarity between marketing mix and customer-focused capabilities to enhance new product performance. Journal of Business & Industrial Marketing, 30(1), 60-71.
Okwir, S., Ulfvengren, P., Angelis, J., Ruiz, F., & Guerrero, Y. M. N. (2017). Managing turnaround performance through collaborative decision making. Journal of Air Transport Management, 58, 183-196.
Okello, A. S. (2017). Relationship Between Turnaround Strategies and Performance of Small and Medium Enterprises in Kenya Antony Sije (Doctoral dissertation, COHRED, JKUAT).
Oriaifo, J., Torres de Oliveira, R., & Ellis, K. M. (2020). Going above and beyond: How intermediaries enhance change in emerging economy institutions to facilitate small to medium enterprise development. Strategic Entrepreneurship Journal, 14(1), 503-531.
Purves, N., & Niblock, S. J. (2018). Predictors of corporate survival in the US and Australia: an exploratory case study. Journal of Strategy and Management, 11(3), 351-370.
Rahman Seresht, H. Sensitive only. Falah Shams, M. Irandoost, M. (2013). Recovery strategies and business performance in times of recession. Journal of Strategic Management Studies. 15. 35-15. (Persian)
Ramezani, Bayanollah and Masoud Karimkhani, (2015), Strategy in the development of electronic banking products and services of the banking system, the second conference on economics and applied management with a national approach, Babolsar, Taroud Shomal Research Company. (Persian)
Reger, A. (2017). The Impact of Turnaround Strategies on Financial Performance of Small and Medium-Sized Manufacturing Companies. Lawrence Technological University, 1-172.
Santana, M., Valle, R., & Galan, J. L. (2019). How national institutions limit turnaround strategies and human resource management: a comparative study in the airline industry.European Management Review,16(4),923-935.
Schmitt, A., & Raisch, S. (2013). Corporate turnarounds: The duality of retrenchment and recovery. Journal of Management Studies,50(7),1216-1244.
Schweizer, L., & Nienhaus, A. (2017). Corporate distress and turnaround: integrating the literature and directing future research. Business Research, 10(1), 3-47.
