The Changing Role of SMEs in Global Business

The Changing Role of SMEs in Global Business PDF Author: Alkis Thrassou
Publisher: Springer Nature
ISBN: 3030458318
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications. This is the first part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, including management, strategy, marketing, economics, and finance. While Volume II explores external issues such as contextual forces, the effects of the financial crisis, and macro-economic effects, this first volume focuses on the individual SME and internal issues such as innovation, quality, and digitization.

The Changing Role of SMEs in Global Business

The Changing Role of SMEs in Global Business PDF Author: Alkis Thrassou
Publisher: Springer Nature
ISBN: 3030458318
Category : Business & Economics
Languages : en
Pages : 258

Get Book

Book Description
SMEs are significant job creators and drivers of innovation and competition in most economic sectors. Furthermore, the traditional constraints of small and medium enterprises, such as geographic operations, are now being dissolved by technological developments. This means that there are new opportunities for SMEs, and their fundamental principles are being redefined: the aims, competencies, strategy, management, practice, and scope of these businesses are changing, with wide-ranging implications. This is the first part of a two volume work that incorporates scientific chapters on SME business theory and practice. Authors provide a balanced perspective of the present and future of SMEs across all business disciplines, including management, strategy, marketing, economics, and finance. While Volume II explores external issues such as contextual forces, the effects of the financial crisis, and macro-economic effects, this first volume focuses on the individual SME and internal issues such as innovation, quality, and digitization.

The Digital Transformation of SMEs

The Digital Transformation of SMEs PDF Author: Oecd
Publisher: Org. for Economic Cooperation & Development
ISBN: 9789264392458
Category :
Languages : en
Pages : 274

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Book Description


SME Responses to Climate Change in Southeast Asia

SME Responses to Climate Change in Southeast Asia PDF Author: Michael T. Schaper
Publisher: Institute of Southeast Asian Studies
ISBN: 9815011308
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
Micro-, small- and medium-sized enterprises (SMEs) account for approximately 97 per cent of all active business entities within the ASEAN region. They are an important contributor to both emissions generation and future reduction. A recent large-scale, multi-country quantitative assessment was undertaken into how SMEs are dealing with climate change in Indonesia, Malaysia, the Philippines, Singapore and Vietnam. Most respondents reported a high level of concern about climate change. Over 90 per cent of firms are currently undertaking measures to reduce emissions, albeit that they are typically simple steps such as reducing air conditioning and electricity, recycling or installing low-energy lighting. Common intentions to deal with future extreme weather events include reducing emissions, developing a disaster plan, or reviewing business insurance policies. Major obstacles to dealing with climate issues are firstly, a lack of knowledge and secondly, insufficient funds. Governments are the preferred source of information, followed by business associations/chambers, friends and family. Social media, YouTube and websites are overwhelmingly the dissemination modes of choice. There were significant variations in these patterns from one reporting country to another. Policymakers can help SMEs adjust to climate change by: encouraging them to adopt simple emission reduction measures; providing training and financial support; ensuring appropriate online delivery of advisory and assistance measures; and localising responses to meet the needs of SMEs which are specific to different ASEAN member states.

Organizational Physics - The Science of Growing a Business

Organizational Physics - The Science of Growing a Business PDF Author: Lex Sisney
Publisher: Lulu.com
ISBN: 1300785632
Category : Business & Economics
Languages : en
Pages : 230

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Book Description
There are hidden laws at work in every aspect of your business. Understand them, and you can create extraordinary growth. Ignore them, and you run the risk of becoming another statistic. It's become almost cliche: 8 out of every 10 new ventures fail. Of the ones that succeed, how many truly thrive-for the long run? And of those that thrive, how many continually overcome their growth hurdles ... and ultimately scale, with meaning, purpose, and profitability? The answer, sadly, is not many. Author Lex Sisney is on a mission to change that picture. After more than a decade spent leading and coaching high-growth technology companies, Lex discovered that the companies that thrive do so in accordance with 6 Laws - universal principles that govern the success or failure of every individual, team, and organization.

Change in SMEs

Change in SMEs PDF Author: K. Bluhm
Publisher: Springer
ISBN: 0230227783
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Most research on institutional features of distinct varieties of capitalism in Europe has analyzed only large corporations. This volume explores the impact of the institutional and structural changes on corporate governance, management culture, and social relationships in small and medium sized enterprises in different European countries.

Strategies for Growth in SMEs

Strategies for Growth in SMEs PDF Author: Margi Levy
Publisher: Elsevier
ISBN: 0080481167
Category : Computers
Languages : en
Pages : 420

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Book Description
Strategies for Growth in SMEs explores for the first time the role of information and information systems (IS) concepts in small and medium-sized enterprises (SMEs). Most IS research focuses on large firms, yet the majority of firms in most economies are SMEs. The book considers the applicability of IS theory and practice to SMEs and develops new theories that are relevant to these firms. Composed of 6 sections, it covers, amongst other things; the nature of SMEs, the background to IS, and SMEs' use of IS, issues of IS strategy and planning in SMEs, the way that firms can transform through use of IS, evaluation, IS flexibility, business process re-engineering, resource-based strategy and knowledge management, the appropriateness of existing theories and the development of new models to address SME-specific issues. The final section of the book reviews the learning in the previous chapters and poses future agendas for research. Written by two of the leading figures in the field, this book will be essential reading for researchers in IS and SMEs, students on entrepreneurship or IS courses, and others that focus on SMEs. * A unique text relating IS theory to SMEs * Benefit from the authors' years of experience in the field * Familiarise yourself with this growth area for research and courses

Industry 4.0 for SMEs

Industry 4.0 for SMEs PDF Author: Dominik T. Matt
Publisher: Springer Nature
ISBN: 3030254259
Category : Business & Economics
Languages : en
Pages : 435

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Book Description
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.

Managing Complexity and Change in SMEs

Managing Complexity and Change in SMEs PDF Author: P. R. Christensen
Publisher: Edward Elgar Publishing
ISBN: 1847202853
Category : Business & Economics
Languages : en
Pages : 281

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Book Description
The process of founding new enterprises and making them grow and prosper is a far more convoluted undertaking than it was just a few decades ago. This book explores the complexity faced by today s entrepreneurs. Institutional boundaries, evolutionary perspectives and the intricacies of management are the central themes in this study of entrepreneurs and SMEs in a world marked by major transitions. While mainstream research enhances our understanding of the dynamics of the entrepreneurial process, this book progresses the research yet further. It examines another fundamental role of research in entrepreneurship: our understanding of future organizational and managerial forms evolving from the globalization process. Issues addressed include: growth patterns among enterprises initiated by science-and-technology-based entrepreneurs the actions and motives driving radical entrepreneurs the role of experience versus formal education in entrepreneurship the role of endogenous growth processes managerial complexity in new knowledge-based enterprises the role of collaboration for innovation in new business ventures. The contributors aim to further encourage dialogue and reflections triggered by the growing emphasis on entrepreneurship in policy agendas and business communities all over Europe. As such, this book will prove stimulating reading for researchers, students, academics, consultants and advisers involved in entrepreneurship, business and management.

Accelerating Digital Transformation Of Smes

Accelerating Digital Transformation Of Smes PDF Author: Clarence Goh
Publisher: World Scientific
ISBN: 9811272735
Category : Business & Economics
Languages : en
Pages : 154

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Book Description
Digital transformation is happening across all industries worldwide, including in Singapore. This book seeks to provide insights on how small and medium enterprises (SMEs) can embark on their own journeys of digital transformation, while at the same time remaining agile in responding to industry and consumer needs. It will outline how firms can foster a culture of business transformation to improve efficiency and productivity; elaborate on how the COVID-19 pandemic has accelerated the digital transformation process, and how it has provided new opportunities; present a roadmap on how SMEs can navigate through the artificial and data analytics revolution; and provide recommendations on how SMEs can partner with institutes of higher learning. It concludes by elaborating on the skillsets and capabilities needed to drive digitalisation.

OECD Studies on SMEs and Entrepreneurship The Digital Transformation of SMEs

OECD Studies on SMEs and Entrepreneurship The Digital Transformation of SMEs PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264367608
Category :
Languages : en
Pages : 300

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Book Description
Despite potentially tremendous benefits, small and medium-sized enterprises (SMEs) lag in the digital transformation. Emerging technologies, as diverse as they are, offer a range of applications for them to improve performance and overcome the size-related limitations they face in doing business. However, SMEs must be better prepared, and stakes are high. SMEs make the most of the industrial fabric in many countries and regions, they create jobs (most jobs sometimes) and are the cement of inclusive and sustainable societies.