FBD

Who: Federation of Business Disciplines What: 42nd Annual Meeting

When: March 11-14 2015 Where: Houston, TX Deadline: February 17th, 2015

Who: Sam Houston State University When: April 17-18 2015

GBF

What: 7th Annual General Business Conference

Where: Huntsville, TX Deadline: March 6th, 2015

Who: Society of Business Research When: March 19-21, 2015 Where: Orlando, FL, USA

SBR

What: 2015 International Conference Deadline: February 25th, 2015

ICSB

Who: ICSB

When: June 6-9, 2015

What: ICSB 2015 World Conference

Where: Dubai, UAE Deadline: March 1st, 2015

Who: SR Engineering College

SREC

ICHSS

When: March 9-10, 2015

What: 2nd Intl. Conference on Next Where: Telangana, India Generation Education for EnDeadline: February 25th, 2015 trepreneurial Engineers Who: Advena World

When: March 11, 2015

What: Intl. Conference on Humanities & Social Sciences

Where: Atlanta, GA Deadline: February 28th, 2015

SOBIE

AACSB

Who: University of North Alabama

When: April 14-17, 2015

What: SOBIE 2015 Academic Conference

Where: Destin, Florida

Who: AACSB Intl.

When: April 26-28, 2015

What: ICAM - 2015

Where: Tampa, FL, USA

Deadline: March 8th, 2015

Deadline: March 15, 2015

IJAS

AII

Who: IJAS

When: June 16-19, 2015

What: Intl. Conference for Academic Disciplines

Where: Florence, Italy

Who: Annual Interdisciplinary Conference What: AIIC 2015

Who: ICIBE 2015

ICIBE

JEMS

AA

ICEBT

When: July 8-11, 2015 Where: Azores Islands, Portugal Deadline: June 25, 2015

When: July 3-4, 2015

What: 2015 Intl. Conference on Where: Bangkok, Thailand Industrial & Business Engineering Deadline: February 15, 2015

Who: Journal of Exclusive Management Science What: March 2015 Issue

ABR

Deadline: April 2, 2015

When: March 2015 Where: Online Deadline: February 28th, 2015

Who: Academy of Business Research

When: March 25-27, 2015

What: Spring 2015 Conference

Deadline: February 6, 2015

Who: Allied Academies

When: April 8-10, 2015

What: Spring 2015 International Conference in New Orleans

Where: New Orleans, Louisiana Deadline: February 26, 2015

Who: ICEBT 2015

When: August 25-26, 2015

What: 2015 Intl. Conference on Economics, Business and Trade

Where: Hong Kong

Where: New Orleans, LA

Deadline: March 20, 2015

SBANC

SBANC

IJIER

WEI

GMC

GAM

EBMC

The Small Business Advancement National Center aims at increasing your knowledge of small business and entrepreneurship. All questions and comments are greatly appreciated.

The Small Business Advancement National Center is moving its website. In the process of doing so, we have found that our Newsletter archive lacks the following issues: 513, 521, 534, 535, 611, 617, 622, 626, 631, 649, 665, 732, 733, 754, 785 & 786. If you have any of these issues, please contact us. Thank you!

The International Journal for Innovation Education and Research is now accepting the submission of papers for their Volume 3, Issue 2, February—2015 journal. The submission deadline is February 20th, 2015.

The West East Institute Business & Economics Academic Conference will be held on March 19-21, 2015 in Athens, Greece. The submission deadline for papers is February 22, 2015.

The 2015 Spring Global Management Conference will be held March 68, 2015 in Los Angles, CA. They are welcoming all papers and the submission deadline is February 27th, 2015.

The European Scientific Institute and Jawaharlal Nehru University in New Delhi, India, is having its 2nd Global Academic Meeting from April 1-4, 2015. The deadline for papers is March 1, 2015.

The European Business and Management Conference of 2015 is now inviting the submission of research papers. The conference will be located in the United Kingdom July 9-12th, 2015. The submission deadline is march 15, 2015.

Tip

of the Week

“Some of the problem is simply a matter of habit and momentum.” Delegating Authority Through delegation of authority, a manager grants to subordinates the right to act or make decisions. Turning over some functions to subordinates by delegating authority frees the superior to perform more important tasks. Although failure to delegate may be found in any organization, it is often a special problem for entrepreneurs, given their backgrounds and personalities. Because they frequently must pay for mistakes made by subordinates, owners are inclined to keep a firm hold on the reins of leadership in order to protect the business. Some of the problem is simply a matter of habit and momentum. Many entrepreneurs have become accustomed to doing everything themselves, which makes it difficult to turn over some tasks to others when the business grows and they truly need help with their expanded responsibilities. Some owners also may simply feel the need to continue doing those things that made the firm successful or conclude that they just do them better than their employees. Regardless of the underlying concern, the end result is the same: insufficient delegation and the piling up of work that needs more focused attention. Inability or unwillingness to delegate authority can become apparent in a number of ways. For example, subordinates who have to clear even minor decisions with the boss may flood the owner with a constant stream of requests in order to resolve issues they lack the authority to settle. This keeps the owner exceptionally busy—rushing from assisting a salesperson to helping iron out a production bottleneck to setting up a new filing system. Entrepreneurs often work long hours, and those who have difficulty delegating compound the problem. When Russ Lewis operated a small bakery, he faced this problem at a very basic level. He personally baked between 2,000 and 3,500 loaves of bread each day, and the pace drained all of his energy, along with his love for baking. The bakery supplied restaurants and cafes with great bread and provided the highest income Lewis had ever had, but it also dominate his life. Six days a week, he would arrive at the bakery at 1:00 a.m. and bake for 13 hours straight. In the summer, when the local population would swell with tourists, Lewis had to start his workday two or three

“

To be continued →

Tip

of the Week

“...keep an eye on the future when you hire new staff.” Continued... hours earlier! He was so tired that he wasn’t even able to change the habits that made him so tired. He might have taken the business to a higher level, but Lewis could not bring himself to give up his duties or his control, saying, “I enjoy baking, but I like to handle everything myself.” By refusing to delegate, Russ Lewis became a victim of his own success. As one small business writer has observed, “By delegating authority, entrepreneurs unleash the same force in their subordinates that makes them so productive: the thrill of being in charge.” This is not to say that delegation is a cure-all for management challenges. In facet, turning over duties can easily lead to its own problems as a result of a subordinate’s carelessness or some other failure. But this can be minimized, if the handover is managed well. We offer the following suggestions to ease the transition: 

Accept the fact that you will not be able to make all of the decisions anymore. If you don’t, you will blunt the venture’s potential to grow and develop.



Prepare yourself emotionally for the loss of control that small business owners feel when they first start to delegate. This is completely natural.



Manage carefully the process of finding, selecting, hiring, and retaining employees who are trustworthy enough to handle greater responsibility. In other words, keep an eye on the future when you hire new staff.



Move forward one step at a time. Start by delegating those functions that you are most comfortable giving up. Even then, continue to provide reasonable oversight to smooth the transition and to ensure the quality of the work.



Plan to invest the time needed to coach those who are taking over new responsibilities so that they can master required skills. The first thing to do is to write job descriptions to help minimize confusion.



Make delegation meaningful. Focus on results, and give subordinates the flexibility to carry out assignments. To realize the benefits of delegation, you must build leadership in subordi-

“

nates, who can then take on more advanced and complex tasks.

Impact of Trust on Decisions Regarding Convenience and Shopping Products This paper was written by Jose R. Concha from the Universidad Icesi, Colombia.

Interactions between loyalty, trust, and perceived value have been reviewed in pervious research works in which convenience products were used for illustration purposes (Abraheem 2012). The purpose of this research study is to present a discussion of the interaction among the following constructs: brand trust, brand loyalty, and perceived value in making decision regarding the purchase of convenience products (shampoo) and shopping products (lap top computers). The constructs in review in this study were evaluated using rating scales developed in previous research studies. This study reveals that these factors work the same way when it comes to convenience and shopping products. The findings show that there is a strong relationship between variables and explain how brand trust and value have a positive influence on consumers’ purchase loyalty when making a decision about convenience and shopping products.

Executive Director Dr. Don B. Bradley III

Development Intern Daniel Champion Marissa Sides Raina Silva

The Small Business Advancement National has recently made immense changes to the layout of its website, SBAER.UCA.EDU, as well as its Newsletter. We welcome constructive criticism, comments, and of course, all questions throughout this transition.

(pg. 99) Email:

Read Entire Paper Here

[email protected] Phone: 1 (501) 450-5300 Society of Marketing Advances

Small Business Management

2014 Proceedings

Longnecker, Petty, Palich, Hoy

Jose R. Concha

CENAGE

Page 99

Pages 513-514

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