Analysis and Findings Assignment Sample
Chapter 4: Analysis and Findings
This chapter deals with the findings of this study, which constitute the primary research undertaken in order to resolve the questions, which had been inquired previously. The primary research means that there has been direct data collection to this entire point in reference to achieving the necessary results and outcomes. These shall be based upon the investigation that has undergone in studying issues that affect startups from the perspective of management. In relation to it, the critical aspects of deriving understandings convey some universal factors, which are critical for obtaining the necessary experiences. However, there are many aspects concerned directly with business management, which could deliver critical results. For this purpose, the sample population for this study was comprised of individuals whose professional job responsibilities fell into managing these startups but they were equally divided in numbers in terms of their home country, Britain and China respectively. In addition to this, it is also critical to consider that analysis shall materialize in reference to conditions that have emerged and what the implications in terms of results would be.
4.1 Universal Issues that appear in management of startups
The critical point that requires attention on the basis of this perspective shall highlight some critical considerations on the basis of which possible outcomes could be considered have been noted according to the secondary literature. The most critical factor that was ascertained on this basis was to have capital backup, which under entrepreneurship literature was signified in terms of not having enough. This conveyed agreement to all participants of the interview, one of whom noted, “There is no debate about it. As startups it is our defining feature that we have to operate in a state of deprivation when it comes to costs. There are unique heuristics at play that are important to know if there is any hope for survival.” Such concerns seemed to distinctly highlight and portray important consequences in which understandings and experiential knowledge seems to be at play (Georgallis and Durand, 2017). Another participant said, “I truly believe that not everyone can manage startups there is an inherent likelihood of having great personality types, outlooks and thinking that separates why only we can do what we do.” While not giving into too much of this pseudo-celebration, it is a critical fact that the issues that are represented all highlight and convey some degree of manifestation of conditions, which tend to take shape in that particular vein by itself.
It is necessary to convey and consolidate important outcomes in relation to which the actual issues would be addressed. In light of these, the capital-backed issues conveyed tend to relate and highlight prominent circumstances and conditions altogether. The Chinese interviewee noted, “It’s a matter of competition that we believe has increased in its intensity. It has certainly put pressure in the free market dynamics due to obvious reasons.” When inquired further about increased government support, the participant reflected, “There is so much a government can do. To create business and competing in this market is another matter, which hold the key for achieving the most potentially attractive outcomes.” In relation to it, a British participant also pointed, “We need to be extremely careful regarding what we are doing as well as how we are doing it. The capital gives the security for us to make decisions about how to grow the business, which standing at the earliest stages following establishment convey significantly consequential outcomes.” Such indicators tend to point out critical assertions based upon which important results and outcomes shall be delivered altogether.
It is an important point to also consider that uncertainty would be affected and highlighted across the board. This point in terms of the universal challenges point at uncertainty to be highly prevalent among startups, and the management is greatly exceptional. However, the indication of whether uncertainty is to be avoided or embraced constitutes a matter that constitutes the leadership aspect of management altogether. In literature, the criteria of avoidance is exactly where uncertainty stops being such a universal issue. Regarding these prominent associations, the cultural aspects of differences are needed to be considered. All startup managers agreed to the fact that they have experienced uncertainty, which have usually meant negative reflection upon the state of their concerns (Georgallis and Durand, 2017). Reflecting this, a British manager noted, “Startups facing uncertainty is ironically a certain fact that we have to always keep in the back of our minds.” Such conditions seem to provide important reflections in the determination of how and what decisions could be made.
Relating to this point, the critical point about delivering possible outlooks on the basis of which appropriate outcomes could be delivered are all exceptionally related to employment. In this case too, the literature noted that certain personality and behavioral aspects must be critically found inside of the employees. An interviewee noted them as, “Orientation towards company’s goals, self-efficacy, and willingness to put in extra effort and work on the basis of self-achievement.” These conditions have effectively relayed the critical conditions and circumstances at play in this very context. However, there is most definitely a case to be made about these concerns upon a broad coverage level altogether for which another interviewee reflected, “There are certainly different level where you can find different things, which would be important for the delivery of outcomes and results.” These shall be critical in presenting the differences and distinctions that shall appear between Britain and China in light of diverging this context in order to gain better insights.
4.2 Differences experienced in this Management Context between Britain and China
At this point it is critical to details and highlight some notable details and facts that would compare and contrast the responses between the British and Chinese participants of this interview. In reflection to it, it would be necessary to deliver and consolidate certain factors and outlooks, which would manifest in terms of the more distinct variables, which are dependent upon the distinct environments that they belong to. In reference to the preceding section, the concern that was presented in this vein reflected uncertainty avoidance (Crespo et al., 2019). The British managers collectively noted their adherence to managing is an important part of their cultural being. One of them noted, “We are stimulated and happy when something uncertain occurs. To go into and finding out what things are exactly wrong is a matter that we as members of startups welcome to healthy degrees.” This paints an important state of affairs about the conditions and their overall possibilities to deliver and consolidate necessary outcomes. Such aspects also convey important reflections upon the state of affairs, which could deliver them as they would appear (Berger and Köhn, 2017). In China, this topic is directly indicative to that of United Kingdom. However, their concerns tend to extend far beyond what many would consider normative state of affairs altogether.
In reference to it, the critical aspects then and up on costs in terms of being borne by startups in these different cultures and economies. The importance of market access to financial and capital options certainly feature into them. By all indications, both countries’ startups face these challenges but in the UK the situation appears as a bit direr. As one interviewee from that country noted, “It is imperative that we focus upon some critical aspect of responsibilities, which cannot be discounted in that the risk aversion investors market certainly create a gap that has grown wider with time.” With the following considerations, there was some critical identification of details that conveyed important reflections regarding what outcomes were expected and perceived to be achieved (Berger and Köhn, 2017). Meanwhile, in China, such considerations seemed to appear in order to highlight the critically important perspectives upon the access to their huge local markets. They were affected on the basis of perceiving and conveying important details based upon which important results would have been achieved by and large. One interviewer highlighted, “Our main issue lies in the costs of market access regarding the demand side of things.” They are usually affected in a significant fashion with respect to all things that were at concern upon this very instance.
In reflection to this, it is also critical to bring forward some notable degree of concern pertaining to costs, which shall associate with the variable called customer preference. From a cultural standpoint as well as from the business delivery of results, it is quite clear that delivery and determination of outcomes shall be affected and consolidated on the basis of portraying certain results by and large (Crespo et al., 2019). Chinese startup managers have noted immense challenges, highlighting the key consideration of managing operations, “There are far too variations, frequency of changes and other challenging business decisions details that have the entire state of our business viability.” Meanwhile, UK startups were known to far much better as customers are more inclined towards being a consumerist culture than the other one. This is reflected upon the people who work inside those small organizations who seem to be oppositely associated with how the conditions stood in reflection to such a viewpoint. These relations are noted to have had greater success in Chinese startups, as one participant noted, “You know it’s very important to manage and highlight the potential outcomes of the situation or the scenario at play. We are able to deliver a very strong workforce despite our limited resources.” Meanwhile, in the UK, members who shall be completely oriented towards the achievement of outcomes. There are indicatively two sets of perception that are to be noted, as participant said, “One you can think that we are degrading in the quality of workforce, but many see them as important changes with respect to new and unique developed capabilities of talent who could be invited to join the company.” Such affairs seem to be directly reflecting different affairs and circumstances, which have been offered by and large.
Moreover, the management concerns have seem to differ with respect to Chinese startups more easily leading to bureaucratic challenges, as they appear to be consequentially discounting many of the most important factors and considerations along these lines of concern altogether. It is also important to consider in which market accessibility by most conditions pertaining to the UK have seemed to become more critical for addressing and correction than ever before (Berger and Köhn, 2020). Based upon these details, the total scale of determining possibilities shall come to the forefront. In relation to them, the consequences have been significant regarding what they present by and large.
4.3 Implicative Concerns of Differences
The implied ground covers a lot when it comes to these affairs and circumstances. As one Chinese participant noted, “We need to start considering internationalization as part of the increased barriers that exist back home, and sometimes I have seen people do that right at the beginning part of establishing the company itself.” This is an important observation that was shared by almost all others who were involved in this affair by and large. One British interviewee highlighted, “Now that internationalization is so easy, we always try establishing our business structures along those lines.” Priority focus upon innovation also seems to have trend wise taken a backset in terms of establishing a continuum of affairs. Although treated differently, they have been noted to have held great deal of significance in such detailed concerns and understandings (Berger and Köhn, 2020). Based upon these perspectives. The universal agreements of the levels being specific in term of their changes certainly held a great deal of importance. Such a point is reflective of many critical assertions and details altogether.
Such factors and affairs shall be held in terms of reflecting and pointing out potential results through the help of which noticeably relevant outcomes point to how both differences and similarities appear in this particular context.
Berger, E.S. and Köhn, A., 2017. Exploring differences in early-stage startup valuation across countries. In Academy of management proceedings (Vol. 2017, No. 1, p. 13639). Briarcliff Manor, NY 10510: Academy of Management.
Crespo, N.F., Rodrigues, R., Samagaio, A. and Silva, G.M., 2019. The adoption of management control systems by start-ups: Internal factors and context as determinants. Journal of Business Research, 101, pp.875-884.
Berger, E.S. and Köhn, A., 2020. Exploring the differences in early-stage start-up valuation across countries: an institutional perspective. International Entrepreneurship and Management Journal, 16(1), pp.327-344.
Georgallis, P.P. and Durand, R., 2017. Achieving high growth in policy-dependent industries: Differences between startups and corporate-backed ventures. Long Range Planning, 50(4), pp.487-500.
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