Strategy for Small & Medium Size Businesses

Strategy for Small & Medium Size Businesses

Author: Michael English

Publisher: Lulu.com

Published: 2011-11

Total Pages: 192

ISBN-13: 0973416610

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Small and medium size businesses face increasingly complex challenges in today's unpredictable economy. More than ever entrepreneurs and their teams must stick to what they know best, become core competent and focussed to achieve leadership. Core competent businesses can navigate the ups and downs of changing economic climates and maintain leadership. Core competent businesses react and adapt to new challenges more efficiently than others. Core competent businesses show fundamental differences in the way they react to change. In Strategy for Small & Medium Size Businesses I illustrate and explain the process of developing strategies to sustain core competent and focussed teams. I also look at the strategic mix allowing businesses to gain and solidify their competitive positioning. The process takes the entrepreneurs on a new competitive front where strategic thinking takes the lead.


Book Synopsis Strategy for Small & Medium Size Businesses by : Michael English

Download or read book Strategy for Small & Medium Size Businesses written by Michael English and published by Lulu.com. This book was released on 2011-11 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and medium size businesses face increasingly complex challenges in today's unpredictable economy. More than ever entrepreneurs and their teams must stick to what they know best, become core competent and focussed to achieve leadership. Core competent businesses can navigate the ups and downs of changing economic climates and maintain leadership. Core competent businesses react and adapt to new challenges more efficiently than others. Core competent businesses show fundamental differences in the way they react to change. In Strategy for Small & Medium Size Businesses I illustrate and explain the process of developing strategies to sustain core competent and focussed teams. I also look at the strategic mix allowing businesses to gain and solidify their competitive positioning. The process takes the entrepreneurs on a new competitive front where strategic thinking takes the lead.

A Market-oriented Strategy for Small and Medium Scale Enterprises

A Market-oriented Strategy for Small and Medium Scale Enterprises

Author: Kristin Hallberg

Publisher: World Bank Publications

Published: 2000-01-01

Total Pages: 40

ISBN-13: 9780821347270

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This paper investigates the economic rationale for intervention in support of small and medium scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rather than on any inherent economic benefits provided by small firms. The role of the state is mainly to provide an enabling business environment that opens access to markets and reduces policy-induced biases against small firms. Governments can accelerate the development of markets for financial and non-financial services suited to SMEs by promoting innovation in products and delivery mechanisms, and by building institutional capacity. Improving the development impact of SME strategies will require much more attention to the monitoring and evaluation of intervention outcomes.


Book Synopsis A Market-oriented Strategy for Small and Medium Scale Enterprises by : Kristin Hallberg

Download or read book A Market-oriented Strategy for Small and Medium Scale Enterprises written by Kristin Hallberg and published by World Bank Publications. This book was released on 2000-01-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the economic rationale for intervention in support of small and medium scale enterprises, on both theoretical and empirical grounds. It argues that the justification for SME interventions lies in market and institutional failures that bias the size distribution of firms, rather than on any inherent economic benefits provided by small firms. The role of the state is mainly to provide an enabling business environment that opens access to markets and reduces policy-induced biases against small firms. Governments can accelerate the development of markets for financial and non-financial services suited to SMEs by promoting innovation in products and delivery mechanisms, and by building institutional capacity. Improving the development impact of SME strategies will require much more attention to the monitoring and evaluation of intervention outcomes.

Optimal Management Strategies in Small and Medium Enterprises

Optimal Management Strategies in Small and Medium Enterprises

Author: Vemi?, Milan B.

Publisher: IGI Global

Published: 2017-01-18

Total Pages: 437

ISBN-13: 1522519505

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Business sustainability is becoming increasingly difficult amongst the demands of today’s markets. By implementing new and dynamic practices, organizations can optimize their day-to-day operations and improve competitive advantage. Optimal Management Strategies in Small and Medium Enterprises is a key source on the latest innovations in enhancing all main management functions, such as working capital and marketing, and examines how to implement sustainable business management practices. Featuring extensive coverage across a range of relevant perspectives and topics, such as human resources development, market orientation, and knowledge management, this book is ideally designed for business managers, professionals, graduate students, and researchers working in the field of smaller-scale business development initiatives.


Book Synopsis Optimal Management Strategies in Small and Medium Enterprises by : Vemi?, Milan B.

Download or read book Optimal Management Strategies in Small and Medium Enterprises written by Vemi?, Milan B. and published by IGI Global. This book was released on 2017-01-18 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: Business sustainability is becoming increasingly difficult amongst the demands of today’s markets. By implementing new and dynamic practices, organizations can optimize their day-to-day operations and improve competitive advantage. Optimal Management Strategies in Small and Medium Enterprises is a key source on the latest innovations in enhancing all main management functions, such as working capital and marketing, and examines how to implement sustainable business management practices. Featuring extensive coverage across a range of relevant perspectives and topics, such as human resources development, market orientation, and knowledge management, this book is ideally designed for business managers, professionals, graduate students, and researchers working in the field of smaller-scale business development initiatives.

Approaches to Information Systems Strategy in small and medium sized businesses. An Analysis

Approaches to Information Systems Strategy in small and medium sized businesses. An Analysis

Author: Ali Mirza

Publisher: GRIN Verlag

Published: 2016-10-10

Total Pages: 25

ISBN-13: 366831683X

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Seminar paper from the year 2014 in the subject Business economics - Operations Research, , language: English, abstract: The Research area of information systems strategy in small and medium sized businesses is intriguing but surprisingly under researched. Small and medium sized businesses are a significant part of a country’s economy therefore it is important for researchers and decision makers of small enterprises to initiate and establish a more appropriate understanding of information systems strategy, which can be an important contributing factor in the growth of small and medium sized businesses. This paper reviews the existing literature available on approaches towards information systems strategy in small and medium sized businesses. The paper considers information as a resource which is strategic in nature. It asserts that Information systems Strategy proposals in small and medium sized businesses should give as much importance to issues regarding organizational changes as implementation of information systems.


Book Synopsis Approaches to Information Systems Strategy in small and medium sized businesses. An Analysis by : Ali Mirza

Download or read book Approaches to Information Systems Strategy in small and medium sized businesses. An Analysis written by Ali Mirza and published by GRIN Verlag. This book was released on 2016-10-10 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2014 in the subject Business economics - Operations Research, , language: English, abstract: The Research area of information systems strategy in small and medium sized businesses is intriguing but surprisingly under researched. Small and medium sized businesses are a significant part of a country’s economy therefore it is important for researchers and decision makers of small enterprises to initiate and establish a more appropriate understanding of information systems strategy, which can be an important contributing factor in the growth of small and medium sized businesses. This paper reviews the existing literature available on approaches towards information systems strategy in small and medium sized businesses. The paper considers information as a resource which is strategic in nature. It asserts that Information systems Strategy proposals in small and medium sized businesses should give as much importance to issues regarding organizational changes as implementation of information systems.

Strategic Optimization of Medium-Sized Enterprises in the Global Market

Strategic Optimization of Medium-Sized Enterprises in the Global Market

Author: Vemi?, Milan

Publisher: IGI Global

Published: 2018-07-13

Total Pages: 386

ISBN-13: 1522557857

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To maintain a competitive edge against other businesses, companies must ensure the most effective strategies and procedures are in place. This is particularly critical in smaller business environments with fewer resources. Strategic Optimization of Medium-Sized Enterprises in the Global Market is a critical scholarly resource that highlights the optimization of management functions, such as working capital and marketing, and how to implement sustainable business management practices in the global world market. Featuring coverage on a broad range of topics such as social entrepreneurship, marketing optimization, and globalization, this book is geared towards business managers, medium-sized enterprises, policy makers, business professionals, and upper-level students seeking current research on the performances of medium-sized enterprises across the world and their broader supply chain.


Book Synopsis Strategic Optimization of Medium-Sized Enterprises in the Global Market by : Vemi?, Milan

Download or read book Strategic Optimization of Medium-Sized Enterprises in the Global Market written by Vemi?, Milan and published by IGI Global. This book was released on 2018-07-13 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: To maintain a competitive edge against other businesses, companies must ensure the most effective strategies and procedures are in place. This is particularly critical in smaller business environments with fewer resources. Strategic Optimization of Medium-Sized Enterprises in the Global Market is a critical scholarly resource that highlights the optimization of management functions, such as working capital and marketing, and how to implement sustainable business management practices in the global world market. Featuring coverage on a broad range of topics such as social entrepreneurship, marketing optimization, and globalization, this book is geared towards business managers, medium-sized enterprises, policy makers, business professionals, and upper-level students seeking current research on the performances of medium-sized enterprises across the world and their broader supply chain.

Industry 4.0 for SMEs

Industry 4.0 for SMEs

Author: Dominik T. Matt

Publisher: Springer Nature

Published: 2020-01-03

Total Pages: 435

ISBN-13: 3030254259

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This open access book explores the concept of Industry 4.0, which presents a considerable challenge for the production and service sectors. While digitization initiatives are usually integrated into the central corporate strategy of larger companies, smaller firms often have problems putting Industry 4.0 paradigms into practice. Small and medium-sized enterprises (SMEs) possess neither the human nor financial resources to systematically investigate the potential and risks of introducing Industry 4.0. Addressing this obstacle, the international team of authors focuses on the development of smart manufacturing concepts, logistics solutions and managerial models specifically for SMEs. Aiming to provide methodological frameworks and pilot solutions for SMEs during their digital transformation, this innovative and timely book will be of great use to scholars researching technology management, digitization and small business, as well as practitioners within manufacturing companies.


Book Synopsis Industry 4.0 for SMEs by : Dominik T. Matt

Download or read book Industry 4.0 for SMEs written by Dominik T. Matt and published by Springer Nature. This book was released on 2020-01-03 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book explores the concept of Industry 4.0, which presents a considerable challenge for the production and service sectors. While digitization initiatives are usually integrated into the central corporate strategy of larger companies, smaller firms often have problems putting Industry 4.0 paradigms into practice. Small and medium-sized enterprises (SMEs) possess neither the human nor financial resources to systematically investigate the potential and risks of introducing Industry 4.0. Addressing this obstacle, the international team of authors focuses on the development of smart manufacturing concepts, logistics solutions and managerial models specifically for SMEs. Aiming to provide methodological frameworks and pilot solutions for SMEs during their digital transformation, this innovative and timely book will be of great use to scholars researching technology management, digitization and small business, as well as practitioners within manufacturing companies.

Blue Ocean Strategy for Small and Mid-sized Companies in Germany

Blue Ocean Strategy for Small and Mid-sized Companies in Germany

Author: Carsten Siegemund

Publisher: Diplomica Verlag

Published: 2008-08

Total Pages: 93

ISBN-13: 3836664771

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Why does value innovation play an important role for small and medium-sized enterprises (SMEs)? Innovation, besides imitation, is the foundation to conduct business and produce goods and services. Each company needs at least at one point or another during its lifecycle innovation to stay competitive within a market. Its importance increases throughout time because of new companies accessing existing domestic markets by overcoming the market barriers and the international integration of markets for global trading. Aside the well-known forms of innovation, a new type called value innovation was developed and published in 2005. This new category is embedded as an essential part in a strategy theory recognized as Blue Oceans . This blue ocean strategy challenges companies to break out of their current market space.But is this kind of innovation really new and usable for general management consulting? The term value innovation is not new within business science. However value innovation is used at a smaller scale. Nevertheless its meaning within the new theory which defines a new way to develop previously unidentified markets is crucial. It requires an overall new perspective of the management to plan and carry out its business processes. Therefore its advantages are only evident in a general strategy approach. Can this concept be turned into a consulting model to support SMEs? Why are SMEs the right target group? Small companies often seek a market niche which can be attained by differentiation in order to survive in competitive markets. Usually the managers are using business strategies like cost cutting or differentiation of products, processes or services to find this niche. This approach originates from the assumption that a group of buyers within the market is accessible or need the traded goods or services at another level of quality, prize, design or function. Could this new theory help establish new niches?The study will find answers to the questions m


Book Synopsis Blue Ocean Strategy for Small and Mid-sized Companies in Germany by : Carsten Siegemund

Download or read book Blue Ocean Strategy for Small and Mid-sized Companies in Germany written by Carsten Siegemund and published by Diplomica Verlag. This book was released on 2008-08 with total page 93 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why does value innovation play an important role for small and medium-sized enterprises (SMEs)? Innovation, besides imitation, is the foundation to conduct business and produce goods and services. Each company needs at least at one point or another during its lifecycle innovation to stay competitive within a market. Its importance increases throughout time because of new companies accessing existing domestic markets by overcoming the market barriers and the international integration of markets for global trading. Aside the well-known forms of innovation, a new type called value innovation was developed and published in 2005. This new category is embedded as an essential part in a strategy theory recognized as Blue Oceans . This blue ocean strategy challenges companies to break out of their current market space.But is this kind of innovation really new and usable for general management consulting? The term value innovation is not new within business science. However value innovation is used at a smaller scale. Nevertheless its meaning within the new theory which defines a new way to develop previously unidentified markets is crucial. It requires an overall new perspective of the management to plan and carry out its business processes. Therefore its advantages are only evident in a general strategy approach. Can this concept be turned into a consulting model to support SMEs? Why are SMEs the right target group? Small companies often seek a market niche which can be attained by differentiation in order to survive in competitive markets. Usually the managers are using business strategies like cost cutting or differentiation of products, processes or services to find this niche. This approach originates from the assumption that a group of buyers within the market is accessible or need the traded goods or services at another level of quality, prize, design or function. Could this new theory help establish new niches?The study will find answers to the questions m

Inept Organizational Change Initiatives

Inept Organizational Change Initiatives

Author: Richard Lewis Dixon

Publisher:

Published: 2023

Total Pages: 0

ISBN-13:

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Small to Medium Size Enterprises (SMEs) form the backbone of the U.S. economy. According to Forbes Magazine Small 2023 small statistics (Main, 2023), small businesses account for 99.9% of companies in America. However, recent statistics (How many small businesses fail in America? 50+ failure stats. Simply InsuranceTM, 2023) have shown that only 22% of small businesses started in their first year survive, and over 50% falter in their second year. The area that Small and Medium Size businesses fail is enacting critical change initiatives (Popescu & Popa, 2012) that are needed to improve, solidify, and stabilize their operational infrastructure. This scholarly research paper aims to examine, analyze, and investigate the circumstances that contribute to SMEs' failures and suggest alternative solutions that can lead to successful organizational strategies and initiatives.


Book Synopsis Inept Organizational Change Initiatives by : Richard Lewis Dixon

Download or read book Inept Organizational Change Initiatives written by Richard Lewis Dixon and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small to Medium Size Enterprises (SMEs) form the backbone of the U.S. economy. According to Forbes Magazine Small 2023 small statistics (Main, 2023), small businesses account for 99.9% of companies in America. However, recent statistics (How many small businesses fail in America? 50+ failure stats. Simply InsuranceTM, 2023) have shown that only 22% of small businesses started in their first year survive, and over 50% falter in their second year. The area that Small and Medium Size businesses fail is enacting critical change initiatives (Popescu & Popa, 2012) that are needed to improve, solidify, and stabilize their operational infrastructure. This scholarly research paper aims to examine, analyze, and investigate the circumstances that contribute to SMEs' failures and suggest alternative solutions that can lead to successful organizational strategies and initiatives.

Competitive Strategies for Small and Medium Enterprises

Competitive Strategies for Small and Medium Enterprises

Author: Klaus North

Publisher: Springer

Published: 2016-02-19

Total Pages: 282

ISBN-13: 3319273035

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This book is a timely guide for Small and Medium Enterprise (SME) researchers, policy makers and strategists. SMEs are the most important sources of job creation and local development especially in knowledge-based economies. As turbulence in the globalized economies expands SMEs will have to learn to sustain competitiveness by developing their ‘dynamic capabilities’. Based on the findings of a 4-year European and Latin American research project, this book provides a theoretical framework, practical instruments and cases on how SMEs in diverse economic, social and cultural contexts can develop crisis resilience, increase agility, innovate and thus successfully compete in turbulent times.


Book Synopsis Competitive Strategies for Small and Medium Enterprises by : Klaus North

Download or read book Competitive Strategies for Small and Medium Enterprises written by Klaus North and published by Springer. This book was released on 2016-02-19 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a timely guide for Small and Medium Enterprise (SME) researchers, policy makers and strategists. SMEs are the most important sources of job creation and local development especially in knowledge-based economies. As turbulence in the globalized economies expands SMEs will have to learn to sustain competitiveness by developing their ‘dynamic capabilities’. Based on the findings of a 4-year European and Latin American research project, this book provides a theoretical framework, practical instruments and cases on how SMEs in diverse economic, social and cultural contexts can develop crisis resilience, increase agility, innovate and thus successfully compete in turbulent times.

The Strategy of Small Firms

The Strategy of Small Firms

Author: Tim Mazzarol

Publisher: Edward Elgar Publishing

Published: 2009

Total Pages: 400

ISBN-13:

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The majority of businesses throughout the world are small firms and they play a crucial role in the economic growth of the world's economies. The authors offer a conceptual framework supported by their own original case study data to explain how and why a small firm should approach strategic planning.


Book Synopsis The Strategy of Small Firms by : Tim Mazzarol

Download or read book The Strategy of Small Firms written by Tim Mazzarol and published by Edward Elgar Publishing. This book was released on 2009 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: The majority of businesses throughout the world are small firms and they play a crucial role in the economic growth of the world's economies. The authors offer a conceptual framework supported by their own original case study data to explain how and why a small firm should approach strategic planning.