The Twelve Death Signs for a Growing Manufacturing Company

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LEVY, Paul ;KNOWLES, David ;STAGG, Chris ;JUNKAR, Mihael .
The Twelve Death Signs for a Growing Manufacturing Company. 
Strojniški vestnik - Journal of Mechanical Engineering, [S.l.], v. 52, n.7-8, p. 515-525, august 2017. 
ISSN 0039-2480.
Available at: <https://www.sv-jme.eu/article/the-twelve-death-signs-for-a-growing-manufacturing-company/>. Date accessed: 20 apr. 2024. 
doi:http://dx.doi.org/.
Levy, P., Knowles, D., Stagg, C., & Junkar, M.
(2006).
The Twelve Death Signs for a Growing Manufacturing Company.
Strojniški vestnik - Journal of Mechanical Engineering, 52(7-8), 515-525.
doi:http://dx.doi.org/
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	author = {Paul  Levy and David  Knowles and Chris  Stagg and Mihael  Junkar},
	title = {The Twelve Death Signs for a Growing Manufacturing Company},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {52},
	number = {7-8},
	year = {2006},
	keywords = {company failures; early-warning signs; innovation management; recession-proofing; },
	abstract = {Based on extensive work with small and medium-sized enterprises (SMEs), this paper describes the early-warning signs for SMEs in manufacturing, which, if ignored, later result in business decline and even failure. There is a high failure rate for SMEs during the start-up phase of 1 to 3 years, but also a significant failure rate in companies that are less than ten years old. Failure to innovate, the business process, and products and services are the key elements. This paper presents a typology of the death signs that can form the basis of a proactive innovation agenda. The concept of preventive healthcare is applied to product and process innovation, and cases are cited of companies taking such preventive steps. Drawing on literature and experience from the fields of technology and innovation management the paper focuses on specific methods of innovation that can help a small-to-medium-sized manufacturing firm thrive over the longer term. The concept of recession-proofing is also introduced and applied to innovation in SMEs. },
	issn = {0039-2480},	pages = {515-525},	doi = {},
	url = {https://www.sv-jme.eu/article/the-twelve-death-signs-for-a-growing-manufacturing-company/}
}
Levy, P.,Knowles, D.,Stagg, C.,Junkar, M.
2006 August 52. The Twelve Death Signs for a Growing Manufacturing Company. Strojniški vestnik - Journal of Mechanical Engineering. [Online] 52:7-8
%A Levy, Paul 
%A Knowles, David 
%A Stagg, Chris 
%A Junkar, Mihael 
%D 2006
%T The Twelve Death Signs for a Growing Manufacturing Company
%B 2006
%9 company failures; early-warning signs; innovation management; recession-proofing; 
%! The Twelve Death Signs for a Growing Manufacturing Company
%K company failures; early-warning signs; innovation management; recession-proofing; 
%X Based on extensive work with small and medium-sized enterprises (SMEs), this paper describes the early-warning signs for SMEs in manufacturing, which, if ignored, later result in business decline and even failure. There is a high failure rate for SMEs during the start-up phase of 1 to 3 years, but also a significant failure rate in companies that are less than ten years old. Failure to innovate, the business process, and products and services are the key elements. This paper presents a typology of the death signs that can form the basis of a proactive innovation agenda. The concept of preventive healthcare is applied to product and process innovation, and cases are cited of companies taking such preventive steps. Drawing on literature and experience from the fields of technology and innovation management the paper focuses on specific methods of innovation that can help a small-to-medium-sized manufacturing firm thrive over the longer term. The concept of recession-proofing is also introduced and applied to innovation in SMEs. 
%U https://www.sv-jme.eu/article/the-twelve-death-signs-for-a-growing-manufacturing-company/
%0 Journal Article
%R 
%& 515
%P 11
%J Strojniški vestnik - Journal of Mechanical Engineering
%V 52
%N 7-8
%@ 0039-2480
%8 2017-08-18
%7 2017-08-18
Levy, Paul, David  Knowles, Chris  Stagg, & Mihael  Junkar.
"The Twelve Death Signs for a Growing Manufacturing Company." Strojniški vestnik - Journal of Mechanical Engineering [Online], 52.7-8 (2006): 515-525. Web.  20 Apr. 2024
TY  - JOUR
AU  - Levy, Paul 
AU  - Knowles, David 
AU  - Stagg, Chris 
AU  - Junkar, Mihael 
PY  - 2006
TI  - The Twelve Death Signs for a Growing Manufacturing Company
JF  - Strojniški vestnik - Journal of Mechanical Engineering
DO  - 
KW  - company failures; early-warning signs; innovation management; recession-proofing; 
N2  - Based on extensive work with small and medium-sized enterprises (SMEs), this paper describes the early-warning signs for SMEs in manufacturing, which, if ignored, later result in business decline and even failure. There is a high failure rate for SMEs during the start-up phase of 1 to 3 years, but also a significant failure rate in companies that are less than ten years old. Failure to innovate, the business process, and products and services are the key elements. This paper presents a typology of the death signs that can form the basis of a proactive innovation agenda. The concept of preventive healthcare is applied to product and process innovation, and cases are cited of companies taking such preventive steps. Drawing on literature and experience from the fields of technology and innovation management the paper focuses on specific methods of innovation that can help a small-to-medium-sized manufacturing firm thrive over the longer term. The concept of recession-proofing is also introduced and applied to innovation in SMEs. 
UR  - https://www.sv-jme.eu/article/the-twelve-death-signs-for-a-growing-manufacturing-company/
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	author = {Levy, P., Knowles, D., Stagg, C., Junkar, M.},
	title = {The Twelve Death Signs for a Growing Manufacturing Company},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {52},
	number = {7-8},
	year = {2006},
	doi = {},
	url = {https://www.sv-jme.eu/article/the-twelve-death-signs-for-a-growing-manufacturing-company/}
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TY  - JOUR
AU  - Levy, Paul 
AU  - Knowles, David 
AU  - Stagg, Chris 
AU  - Junkar, Mihael 
PY  - 2017/08/18
TI  - The Twelve Death Signs for a Growing Manufacturing Company
JF  - Strojniški vestnik - Journal of Mechanical Engineering; Vol 52, No 7-8 (2006): Strojniški vestnik - Journal of Mechanical Engineering
DO  - 
KW  - company failures, early-warning signs, innovation management, recession-proofing, 
N2  - Based on extensive work with small and medium-sized enterprises (SMEs), this paper describes the early-warning signs for SMEs in manufacturing, which, if ignored, later result in business decline and even failure. There is a high failure rate for SMEs during the start-up phase of 1 to 3 years, but also a significant failure rate in companies that are less than ten years old. Failure to innovate, the business process, and products and services are the key elements. This paper presents a typology of the death signs that can form the basis of a proactive innovation agenda. The concept of preventive healthcare is applied to product and process innovation, and cases are cited of companies taking such preventive steps. Drawing on literature and experience from the fields of technology and innovation management the paper focuses on specific methods of innovation that can help a small-to-medium-sized manufacturing firm thrive over the longer term. The concept of recession-proofing is also introduced and applied to innovation in SMEs. 
UR  - https://www.sv-jme.eu/article/the-twelve-death-signs-for-a-growing-manufacturing-company/
Levy, Paul, Knowles, David, Stagg, Chris, AND Junkar, Mihael.
"The Twelve Death Signs for a Growing Manufacturing Company" Strojniški vestnik - Journal of Mechanical Engineering [Online], Volume 52 Number 7-8 (18 August 2017)

Authors

Affiliations

  • University of Brighton, Centre for Research in Innovation Management (CENTRIM), UK
  • University of Brighton, Centre for Research in Innovation Management (CENTRIM), UK
  • University of Brighton, Centre for Research in Innovation Management (CENTRIM), UK
  • University of Ljubljana, Faculty of Mechanical Engineering, Slovenia

Paper's information

Strojniški vestnik - Journal of Mechanical Engineering 52(2006)7-8, 515-525
© The Authors, CC-BY 4.0 Int. Change in copyright policy from 2022, Jan 1st.

Based on extensive work with small and medium-sized enterprises (SMEs), this paper describes the early-warning signs for SMEs in manufacturing, which, if ignored, later result in business decline and even failure. There is a high failure rate for SMEs during the start-up phase of 1 to 3 years, but also a significant failure rate in companies that are less than ten years old. Failure to innovate, the business process, and products and services are the key elements. This paper presents a typology of the death signs that can form the basis of a proactive innovation agenda. The concept of preventive healthcare is applied to product and process innovation, and cases are cited of companies taking such preventive steps. Drawing on literature and experience from the fields of technology and innovation management the paper focuses on specific methods of innovation that can help a small-to-medium-sized manufacturing firm thrive over the longer term. The concept of recession-proofing is also introduced and applied to innovation in SMEs. 

company failures; early-warning signs; innovation management; recession-proofing;