Despite slow economic recovery in many of the world’s economies, small and midsize enterprises (SMEs) are thinking ahead and creating flexible platforms to enable fast growth in future, according to new research by the Economist Intelligence Unit (EIU), sponsored by SAP. The study is based on desk research and in-depth interviews with 17 senior directors of SMEs and other experts. The research shows that, as part of their corporate growth strategies, SMEs are setting out how they expect to scale their operations to ensure they have adequate resources to deliver sustainable growth.
For more information:
- Read the SAP.info article: “Defining SME Success“
- Read the press release from the EIU: “Despite uncertain times, small and midsized companies worldwide are preparing for growth, says the Economist Intelligence Unit” [PDF]
Learn more about the research in “Scaling SMEs: Building a platform for flexible growth,” including:
Executive summary
1. An operational strategy for scaling
Box: In-house or outsourced?
Box: Aston Carter—Processes and disciplines around cash
2. Leveraging technology to scale the SME
Box: Special purpose technologies—A cautionary tale
Box: Financial preparation for scaling
3. Critical factors in scaling headcount
Box: Retaining the Hyperion culture
Box: Does growth become easier with scale?
Conclusions
More information is available at
www.managementthinking.eiu.com/scaling-smes.
