On the emergence of firms and sick institutions
South African Journal of Economic and Management Sciences
| Field | Value | |
| Title | On the emergence of firms and sick institutions | |
| Creator | Mahadea, D. | |
| Description | Organisations and firms are formed by people and entrepreneurs. Firms can become sick just as people do. Not all firms live forever. This paper examines the emergence of "sick" institutions. Organisations can become unhealthy when there is a mismatch between goods and services they produce and the external environment in which they operate. Survival and fitness of an organisation depend on its ability to respond and adapt cost-effectively to the changing environment. Entrepreneurship, n-Achievement and productivity of individuals are critical to an organisation's health. A thorough diagnostic framework of symptoms of organisational ills is required before prescribing any therapy, to bring about a healthy organisation. The future belongs to healthy firms, with adaptable strategies and resources that optimally fit the changing environment. | |
| Publisher | AOSIS Publishing | |
| Date | 2000-03-31 | |
| Identifier | 10.4102/sajems.v3i1.2602 | |
| Source | South African Journal of Economic and Management Sciences; Vol 3, No 1 (2000); 109-124 2222-3436 1015-8812 | |
| Language | eng | |
| Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/2602/1411
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