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Moving beyond initial success: Promoting innovation in small businesses through high-performance work practices

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  • Mazzei, Matthew J.
  • Flynn, C. Brian
  • Haynie, Jeffrey J.

Abstract

After firms experience initial success, leaders frequently turn their attention toward producing and selling their products or services more efficiently, likely at the expense of ongoing innovation. This seemingly prudent decision may unintentionally lead firms to become one-hit wonders, effectively limiting their potential success over time. To help prevent a firm's early success from being its only success, small business executives should adopt practices that promote innovation yet don’t come at substantial cost given limited financial resources. Focusing on the positive influences of ability, commitment, and feedback, we propose a system of high-performance work practices (HPWPs) as an economical means of encouraging innovative behavior that allows for efficiency without losing an emphasis on creativity and entrepreneurial action. This article outlines and discusses nine specific HPWPs targeted for smaller businesses that are expected to promote and fully realize the potential of employees as the driving force for innovation and sustained success.

Suggested Citation

  • Mazzei, Matthew J. & Flynn, C. Brian & Haynie, Jeffrey J., 2016. "Moving beyond initial success: Promoting innovation in small businesses through high-performance work practices," Business Horizons, Elsevier, vol. 59(1), pages 51-60.
    • Handle: RePEc:eee:bushor:v:59:y:2016:i:1:p:51-60
    DOI: 10.1016/j.bushor.2015.08.004
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    References listed on IDEAS

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    Cited by:

    1. Dunne, Timothy C. & Aaron, Joshua R. & McDowell, William C. & Urban, David J. & Geho, Patrick R., 2016. "The impact of leadership on small business innovativeness," Journal of Business Research, Elsevier, vol. 69(11), pages 4876-4881.
    2. Kyriaki Papadopoulou, 2020. "Comparative Review Of Performance Measurement Methods Effectiveness," Economics and Management, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 17(1), pages 127-139.
    3. Barba-Aragón, María Isabel & Jiménez-Jiménez, Daniel, 2020. "HRM and radical innovation: A dual approach with exploration as a mediator," European Management Journal, Elsevier, vol. 38(5), pages 791-803.
    4. Yi-Ying Chang & Paul Hughes & Ian Hodgkinson & Che-Yuan Chang & Yi-Tai Seih, 2022. "The antecedents of corporate entrepreneurship: multilevel, multisource evidence," Review of Managerial Science, Springer, vol. 16(2), pages 355-390, February.
    5. Servet Nasifoglu Elidemir & Ali Ozturen & Steven W. Bayighomog, 2020. "Innovative Behaviors, Employee Creativity, and Sustainable Competitive Advantage: A Moderated Mediation," Sustainability, MDPI, vol. 12(8), pages 1-18, April.
    6. Anna N. Ermakova & Svetlana S. Vaytsekhovskaya & Viktoria B. Malitskaya & Natalya Ð . Prodanova, 2016. "Investment Attractiveness of Small Innovational Business under the Conditions of Globalization and Integration," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 258-267.
    7. Ekinci, Yuksel & Gordon-Wilson, Sianne & Slade, Adrian, 2020. "An exploration of entrepreneurs' identities and business growth," Business Horizons, Elsevier, vol. 63(3), pages 391-401.
    8. Beatrice Luceri & Edoardo Sabbadin & Cristina Zerbini, 2017. "Innovation in Tradition: Key Success Factors of New Entrepreneurs in the Retail Trade," International Business Research, Canadian Center of Science and Education, vol. 10(12), pages 239-245, December.
    9. Jenny - Maria Åström & Karim Carroum Sanz & Sofia Lena Hagström & Andreu Safont Bagué & João Pedro Teles Estima, 2017. "David against Goliath - How creative communication helps small advertising agencies survive in a market led by giant agencies," International Journal of Business and Economic Sciences Applied Research (IJBESAR), International Hellenic University (IHU), Kavala Campus, Greece (formerly Eastern Macedonia and Thrace Institute of Technology - EMaTTech), vol. 10(3), pages 18-46, September.

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