The Management Of Small And Medium Enterprises

Author by : Matthias Fink
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 86
Total Download : 374
File Size : 43,7 Mb
GET BOOK

Description : Due to the vital importance of SMEs in developed economies worldwide, this book aims to provide a unique and much-needed investigation into the underlying mechanisms and practices of management within these companies by collecting a wide range of original conceptual and empirical research in the topical area of management in SMEs and new ventures. Collecting work from dozens of leading scholars in fields ranging from management and entrepeneurship to human resource management and strategy, this book aims to supply readers with an overview of the field of research in management of SMEs and new ventures as well as in depth knowledge on a variety of related topics. The essays collected here are focused and practical, offering a variety of explicit and pragmatic recommendations for action and developing new tools and strategies useful to scholars and students as well as practitioners working in the field of SME and new venture management and consulting.


Management Control In Small And Medium Sized Enterprises

Author by : Jens Hutzschenreuter
Languange : en
Publisher by : Gabler Verlag
Format Available : PDF, ePub, Mobi
Total Read : 70
Total Download : 172
File Size : 55,8 Mb
GET BOOK

Description : Jens Hutzschenreuter determines the effect of management control forms on the performance of innovative small and medium sized enterprises (SMEs). His findings suggest that in fact indirect control forms have a stronger performance impact than traditional control forms.


Risk Management In Small And Medium Enterprises

Author by : Chiara Crovini
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 63
Total Download : 884
File Size : 47,6 Mb
GET BOOK

Description : This book offers a fresh method of assessing and managing risks in SMEs, by adopting a multidisciplinary approach. In small and medium companies, the risk management process cannot be often formalised and procedures are usually integrated unconsciously into the decision-making process. Therefore, to enhance the flexibility of these companies, increase their market share and allow them to grow and manage risks more effectively, the first step is to improve the way decisions are made. Consequently, it is fundamental for those companies to improve the awareness about the way reasonable decisions are made, which can be achieved only through a proper knowledge and the definition of the Risk Appetite Framework. Therefore, by improving knowledge, the risk appetite and awareness in the decision making, companies will implicitly start developing a risk consciousness, which can be translated into a sound risk approach. SMEs need to understand the importance of an effective internal control system. Hence, the central point is the necessity to start reconsidering the company as a unique entity, by adopting a holistic approach. The book explores whether small and medium companies should adopt a formalised risk management process and, more importantly, the role that the development of an appropriate risk mindfulness and approach to expand existing functions plays in these entities. It suggests an appropriate way of thinking about risk, starting with the amalgamation of both past and present theories, and enabling SMEs to find a solution to improve the effectiveness of their risk management strategies.


Risk Management In Small Medium Enterprises Smes

Author by : Candice Lim
Languange : en
Publisher by : GRIN Verlag
Format Available : PDF, ePub, Mobi
Total Read : 77
Total Download : 166
File Size : 47,5 Mb
GET BOOK

Description : Research Paper from the year 2010 in the subject Business economics - Operations Research, grade: A14, University of Wolverhampton, language: English, abstract: This paper is proposing to research the influence of risk management on the financial performance of small-medium-sized enterprise (SME) in West Midlands, UK. SMEs expose many risks in their ordinary course of business, such as interest rate risk and foreign exchange risk, natural disasters and so on, that could minimize their profit by increasing their financial loss. This paper shows that how could SMEs reduce its financial loss from risk exposure by having proper risk management tools in place, by interviewing the SMEs' risk managers. The interview generally focuses on the risk management process in SMEs accompany with their annual spending on it, and examines how these risk managements in company are used to overcome the risks. In addition, different perspectives on the impacts of the risk management to company’s financial performance, research methodology, research limitations, and research timescale are discussed and presented.


International Small And Medium Sized Enterprises

Author by : Edith Olejnik
Languange : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 25
Total Download : 953
File Size : 40,9 Mb
GET BOOK

Description : With growing international business, small and medium-sized enterprises (SMEs) have been faced with increased competition, but also with enhanced opportunities. Edith Olejnik addresses four major issues within the context of SMEs’ internationalization process: First, she identifies the three different internationalization patterns that SMEs take and analyzes how these patterns develop over time. Second, she looks at dynamic changes of foreign operation modes and the managerial reasons for these changes. Third, she derives an empirical classification of smaller family firms and profiles them using a comprehensive set of organizational variables. Fourth, she investigates the relationship between firm-level processes and dynamic capabilities in driving the international performance of SMEs. Based on theoretical considerations and empirical analyses this work provides important implications for research and management practice.


Handbook Of Research On Strategic Management In Small And Medium Enterprises

Author by : Todorov, Kiril
Languange : en
Publisher by : IGI Global
Format Available : PDF, ePub, Mobi
Total Read : 26
Total Download : 558
File Size : 50,7 Mb
GET BOOK

Description : As the global economy continues to develop and new entrepreneurs take advantage of emerging markets, the small business sector plays a greater role of economic development in the international arena. The Handbook of Research on Strategic Management in Small and Medium Enterprises contributes new research to the current array of literature on small business management under diverse geographic, economic, and socio-cultural conditions. By exploring existing theories in tandem with fresh viewpoints, this book will serve as a valuable reference to students, lecturers, researchers, entrepreneurs, and policy makers investigating the use of strategic management in various scenarios and situations.


Small And Medium Enterprises

Author by : Information Resources Management Association
Languange : en
Publisher by : IGI Global
Format Available : PDF, ePub, Mobi
Total Read : 63
Total Download : 456
File Size : 50,5 Mb
GET BOOK

Description : "This book provides a comprehensive collection of research on current technological developments and organizational perspectives on the scale of small and medium enterprises"--Provided by publisher.


Knowledge Integration

Author by : Antonie Jetter
Languange : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 69
Total Download : 380
File Size : 43,7 Mb
GET BOOK

Description : The ability to manage knowledge is relevant for millions of small and medium sized enterprises (SMEs) that operate in high-tech environments. They strongly depend on external knowledge about customers, technologies, and competitors because, as opposed to large companies, they have limited internal knowledge resources and little power to control their business environments. Present KM literature, however, mainly focuses on large companies and therefore does not explain, how SMEs, for example, can successfully apply groupware, data mining, semantic networks, and knowledge maps. This book addresses this problem by introducing the concept of knowledge integration (KI) that places emphasis on the identification, acquisition and use of external knowledge. Drawing from this theoretical basis, the book presents concepts and instruments specifically designed for SMEs, as well as examples of their implementation and use in practice.


Risk Management In Small And Medium Enterprises

Author by : Chiara Crovini
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 68
Total Download : 690
File Size : 40,5 Mb
GET BOOK

Description : This book offers a fresh method of assessing and managing risks in SMEs, by adopting a multidisciplinary approach. In small and medium companies, the risk management process cannot be often formalised and procedures are usually integrated unconsciously into the decision-making process. Therefore, to enhance the flexibility of these companies, increase their market share and allow them to grow and manage risks more effectively, the first step is to improve the way decisions are made. Consequently, it is fundamental for those companies to improve the awareness about the way reasonable decisions are made, which can be achieved only through a proper knowledge and the definition of the Risk Appetite Framework. Therefore, by improving knowledge, the risk appetite and awareness in the decision making, companies will implicitly start developing a risk consciousness, which can be translated into a sound risk approach. SMEs need to understand the importance of an effective internal control system. Hence, the central point is the necessity to start reconsidering the company as a unique entity, by adopting a holistic approach. The book explores whether small and medium companies should adopt a formalised risk management process and, more importantly, the role that the development of an appropriate risk mindfulness and approach to expand existing functions plays in these entities. It suggests an appropriate way of thinking about risk, starting with the amalgamation of both past and present theories, and enabling SMEs to find a solution to improve the effectiveness of their risk management strategies.


Talent Management In Small And Medium Enterprises

Author by : Aleksy Pocztowski
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 80
Total Download : 784
File Size : 47,9 Mb
GET BOOK

Description : Talent Management in Small and Medium Enterprises contributes to the body of knowledge concerning talent management in small and medium enterprises. Despite the growing number of publications on talent management in recent years, research has focused mainly on large companies. As a consequence of this research bias towards large companies, the presented theoretical concepts and practices have limited applicability for talent management in small and medium enterprises (SMEs). Because SMEs constitute a significant part of the national economy in a large number of countries, many authors report the necessity to investigate talent management in such enterprises. This book will be a source of useful data for managers of SMEs and owners and provide them with information about the practices and methods concerning the acquisition, development and retention of talented employees who may contribute to the success of SMEs and the execution of business strategies. The book offers academic researchers, postgraduate students and reflective practitioners a state-of-the-art overview of Talent Management in Small and Medium Enterprises.


Safety Management In Small And Medium Sized Enterprises Smes

Author by : George Boustras
Languange : en
Publisher by : CRC Press
Format Available : PDF, ePub, Mobi
Total Read : 29
Total Download : 529
File Size : 43,8 Mb
GET BOOK

Description : Safety is an important aspect of everyday business operations. It can have an impact on the operations of an enterprise as well as the wellbeing of the workers. Literature shows that SMEs face extra problems in this area due to limited resources and lack of knowledge. A potential accident on the premises, in many cases, has devastating consequences. SMEs make up the vast majority of private companies in the EU and beyond. Despite the importance of the issue, the information found in literature is scattered and often not aimed at SMEs. This book aims to gather the latest information and become the full reference point for designing and adopting an appropriate safety strategy for SMEs.


Lifting The Veil For Small Medium Enterprises Sme S

Author by : Mathews Mutale
Languange : en
Publisher by : Xlibris Corporation
Format Available : PDF, ePub, Mobi
Total Read : 10
Total Download : 877
File Size : 49,6 Mb
GET BOOK

Description : In this book, you will learn and Like the idea of being an entrepreneur and following your dream. You will learn the information about turning your dreams into your passion and finally your passion into a viable business. Well, to become successful at turning your passion into a business, it is important that you have the vision. So don’t believe what you've been reading about enjoying a beach lifestyle that many online marketers talk about, at least not in the first one or two years of starting a business. Especially if you are new, there are many things that you need to do, learn or manage for your business. Its takes work, but I'm living proof if you can only read this! This book carters for starters, and all the existing business owners. There will inevitably be many challenges and obstacles you will be exposed in this book. Until it gains some reasonable profits, your business many not even be able to pay you for a while. Should the going get tough, you may even be tempted to give up, but this book will help you pull through the huddles of business. By having a vision, you are more likely to stay the course. Whether you are having an online or offline business, having the ideal picture in your mind helps you keep your dreams alive. You are in a better position to be on track with turning it into reality. “LIFTING THE VEIL FOR SME’s” is a step-by-step information book that guides you on a self-discovery journey for the purpose of visioning. You learn the keys to making work, business and everything about your life a success. You find yourself less struggling in business after reading this book.


Optimal Management Strategies In Small And Medium Enterprises

Author by : Vemi?, Milan B.
Languange : en
Publisher by : IGI Global
Format Available : PDF, ePub, Mobi
Total Read : 92
Total Download : 910
File Size : 53,6 Mb
GET BOOK

Description : 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.


Management Education For Small And Medium Sized Enterprises In The European Communities

Author by : Rainer Holzer
Languange : en
Publisher by : Unipub
Format Available : PDF, ePub, Mobi
Total Read : 38
Total Download : 739
File Size : 44,5 Mb
GET BOOK

Description : This report summarizes the activities of various bodies providing training impetus for small and medium-sized enterprises (SMEs) in Europe on the three levels of (1) basic management education for potential small and medium-sized business owners and/or managers; (2) programs for small firm start-ups; and (3) activities to improve the management of already existing small and medium-sized enterprises. Taking into account the assumed growing needs for training measures on all three levels, the report gives an overview on what measures are offered, as well as an analysis of those measures in terms of the current challenges in the business environment--characterized by growing worldwide competitiveness and rapid technological change. A summary is provided of the different methods used in the various countries, how the support components are related to each other, and how the results can be judged by comparing claims and results. Suggestions for more appropriate solutions are offered. Six case studies of small business development programs in England, Ireland, West Germany, France, the Netherlands, and Spain are included in the report. (KC)


Handbook Of Research On Small And Medium Enterprises In Developing Countries

Author by : Ahmad, Noor Hazlina
Languange : en
Publisher by : IGI Global
Format Available : PDF, ePub, Mobi
Total Read : 33
Total Download : 519
File Size : 53,8 Mb
GET BOOK

Description : Smaller companies are abundant in the business realm and outnumber large companies by a wide margin. Understanding the inner workings of small businesses offers benefits to the consumers and the economy. The Handbook of Research on Small and Medium Enterprises in Developing Countries is an essential handbook for the latest research on the intentions, performance, and application models of independent firms. Featuring exhaustive coverage on a broad range of topics such as green IT, entrepreneurial ventures, and social capital, this publication is ideally designed for researchers, academicians, and practitioners seeking current research on the different opportunities and challenges in relation to this specific sector of business around the globe.


Managing Small And Medium Sized Businesses

Author by : Christopher Ganseforth
Languange : en
Publisher by : GRIN Verlag
Format Available : PDF, ePub, Mobi
Total Read : 77
Total Download : 214
File Size : 50,6 Mb
GET BOOK

Description : Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 1,3, University of Applied Sciences Südwestfalen; Meschede, course: Master Englisch, language: English, abstract: The present topic “managing small and medium sized businesses” is about the special parts of risk management and of financing small and medium sized enterprises. Therefore, an overview about risk management of SMEs will be demonstrated before the problems and objectives concerning financing matters. Thereafter, key terms and some sub areas of financing SME ́s will be specified. The first part comprises the objective and the problematic of this subject. Furthermore, we shall determine definitions of important terms as well as an illustration of important sections of this area. This paper will show how SME activities are enframed in the legal and economic perspective of the Federal Republic of Germany.


Managing People In Small And Medium Enterprises In Turbulent Contexts

Author by : Alexandros Psychogios
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 35
Total Download : 175
File Size : 42,5 Mb
GET BOOK

Description : Managing People in Small and Medium Enterprises in Turbulent Contexts explores a range of human resource management (HRM) issues specific to small and medium-sized enterprises (SMEs). Based on a series of research studies and secondary sources of data, the book’s primary aim is to contextualise HRM issues in SMEs operating in a variety of national economic contexts that are (or have recently experienced) a turbulent situation. SMEs are the backbone of these economies. It is therefore critical that we study HR practices and concepts within such enterprises. The book covers HR practices in SMEs, such as recruitment and selection, training and development, performance evaluation and employee relations, by focusing on three types of turbulent economies: emerging market economies in Asia, the Pacific, Africa and Latin America; transition economies of Central and Eastern Europe; and crisis contexts in Southern Europe. Managing People in Small and Medium Enterprises in Turbulent Contexts is a useful resource for organisations, practitioners, academics and scholars in the fields of HRM, employee engagement, small and medium business management and other related disciplines.


Small And Medium Sized Enterprises In East Asia

Author by : Charles Harvie
Languange : en
Publisher by : Edward Elgar Publishing
Format Available : PDF, ePub, Mobi
Total Read : 71
Total Download : 447
File Size : 49,7 Mb
GET BOOK

Description : This fourth volume in the Studies of Small and Medium Sized Enterprises in East Asia series focuses on regional and sectoral dimensions in a number of regional economies and economic sectors. The contributors place special emphasis on the importance of SME networking and clustering initiatives and activities. They argue that these initiatives support and nurture the global competitiveness of local SMEs in various economic sectors across the East Asian region. The book goes on to illustrate the increasing recognition that important local, regional and sectoral dimensions of SMEs, activities require their own specific micro policy measures. This is significant as the vitality of many local regional economies depends upon the activities of these local SMEs. The importance and inherent potential of SMEs as small but significant players in national economies and industries is increasingly recognised by policymakers and scholars around the world. Small and Medium Sized Enterprises in East Asia will therefore strongly appeal to both academics and practitioners involved with business and management, Asian studies, industrial organization and entrepreneurship.


The Management Of Small And Medium Enterprises

Author by : Matthias Fink
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 38
Total Download : 750
File Size : 53,7 Mb
GET BOOK

Description : Due to the vital importance of SMEs in developed economies worldwide, this book aims to provide a unique and much-needed investigation into the underlying mechanisms and practices of management within these companies by collecting a wide range of original conceptual and empirical research in the topical area of management in SMEs and new ventures. Collecting work from dozens of leading scholars in fields ranging from management and entrepeneurship to human resource management and strategy, this book aims to supply readers with an overview of the field of research in management of SMEs and new ventures as well as in depth knowledge on a variety of related topics. The essays collected here are focused and practical, offering a variety of explicit and pragmatic recommendations for action and developing new tools and strategies useful to scholars and students as well as practitioners working in the field of SME and new venture management and consulting.


The Competitive Impact Of Strategic Management In Small And Medium Enterprises In Developing Countries

Author by : Carlos Barroso
Languange : en
Publisher by : Unknown
Format Available : PDF, ePub, Mobi
Total Read : 22
Total Download : 129
File Size : 54,9 Mb
GET BOOK

Description : Many are the Small and Medium Enterprises (SME's) in developing countries that are developing logical and analytical strategies for deciding their future position within the markets they operate. This book attempted to investigate these strategies and also the management capability of running them.


Small And Medium Sized Enterprises And The Global Economy

Author by : Gerald I. Susman
Languange : en
Publisher by : Edward Elgar Publishing
Format Available : PDF, ePub, Mobi
Total Read : 37
Total Download : 659
File Size : 48,5 Mb
GET BOOK

Description : Contents: Introduction Part I: Innovation and Competitive Advantage Part II: Network Dynamics Part III: Technology and Enhanced Capabilities Part IV: Internationalization Part V: Role of the Public Sector Part VI: Executive Summaries IndexContributors: J. Andrews, A. Camuffo, G. Cattani, S. Chamberlain, D. Crick, H. Etemad, M. Freel, A. Furlan, R. Grandinetti, T. Guay, J. Hoban, M.V. Jones, A. Kaufman, M. Kujawa, K. Lint, J.H Love, J.W. Lu, C. Maitland, D.J. Maslach, R.B. McNaughton, V. Ojala, T. O'Shaughnessy, J.M. Pennings, I.J. Petrick, S. Roper, M. Rosales, P. Shapira, M. Spence, J.P. Stites, G.I. Susman, P.M. Swamidass, M.I. Tambakeras, D. Ucbasaran, V. Vulasa, P. Westhead, C.H. Wood, M. Wright, Z. Wu, J. Youtie


International Growth Of Small And Medium Enterprises

Author by : Niina Nummela
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 61
Total Download : 708
File Size : 54,7 Mb
GET BOOK

Description : The majority of SMEs are operating in a networked business environment, and these networks extend beyond national and cultural boundaries. Within these networks, growth takes various routes and forms. Instead of linear, positive growth, international growth is often more cyclical, including periods of stagnation and withdrawal, even exits. International Growth of Small and Medium Enterprises focuses on international growth, such as how companies expand their operations across national borders through opportunity exploration and exploitation, and identification and development of innovations, i.e. on international entrepreneurship. The book provides a comprehensive overview of international growth of small and medium-sized enterprises from diverse points of view. It verifies that SMEs in all parts of the globe share similar characteristics, but also differ significantly. New explanations emerge, such as ownership, steering of the company, or the negative consequences of international growth. It discusses how the changing external environment of SMEs pushes them to create innovative solutions in order to survive and succeed. This collection of new and international perspectives sheds much-needed light on how founders and management teams of SMEs can succeed in fostering the growth process, and what specific characteristics are instrumental in initiating and maintaining international growth.


Perception Of Risk Management In Small And Medium Enterprises Smes

Author by : Qays Sbaih
Languange : en
Publisher by : GRIN Verlag
Format Available : PDF, ePub, Mobi
Total Read : 55
Total Download : 395
File Size : 40,7 Mb
GET BOOK

Description : Research Paper (postgraduate) from the year 2017 in the subject Business economics - Miscellaneous, grade: 90%, Birzeit University, course: MBA, language: English, abstract: This article provides an empirical evidence of risk and risk management in SMEs in Palestine and the effect of RM on its performance using several method for assessing risk, RM and performance for (N=330) SMEs participant in Ramallah. Most of SMEs in Palestine do not have a written and formal risk management plan. They mostly concern about Financial and Strategic risks, while Hazard and operational are the least concerned respectively. Performance in SMEs considered medium according to Performance Comparison Approach. SMEs with highest degree of written risk management plan have better performance. There is a positive correlation between the prospective of the owner/ manager of risk analysis and SMEs’ performance. Strategic and hazard risk analysis is positively associated with performance. The high level of risk mitigation the more SMEs tend to have better performance.


Safety Management In Small And Medium Sized Enterprises Smes

Author by : George Boustras
Languange : en
Publisher by : CRC Press
Format Available : PDF, ePub, Mobi
Total Read : 32
Total Download : 368
File Size : 50,5 Mb
GET BOOK

Description : Safety is an important aspect of everyday business operations. It can have an impact on the operations of an enterprise as well as the wellbeing of the workers. Literature shows that SMEs face extra problems in this area due to limited resources and lack of knowledge. A potential accident on the premises, in many cases, has devastating consequences. SMEs make up the vast majority of private companies in the EU and beyond. Despite the importance of the issue, the information found in literature is scattered and often not aimed at SMEs. This book aims to gather the latest information and become the full reference point for designing and adopting an appropriate safety strategy for SMEs.


Risk Crisis And Disaster Management In Small And Medium Sized Tourism Enterprises

Author by : Toubes, Diego R.
Languange : en
Publisher by : IGI Global
Format Available : PDF, ePub, Mobi
Total Read : 12
Total Download : 810
File Size : 44,8 Mb
GET BOOK

Description : Tourism destinations are traditionally dominated by small and medium-sized enterprises that provide a wide range of products to tourists such as accommodation, travel services, transportation, recreation and entertainment, and food and beverage services. New knowledge and global risks have emerged, and small and medium-sized tourism enterprises (SMTEs) are now highly vulnerable. Recently, the COVID-19 pandemic has hit the whole world and caused a change in the tourism paradigm. Many SMTEs around the world have been severely affected by the need to completely shut down their activities for months, and expectations for recovery in the medium term are not optimistic. SMTEs do not have the capacity and increased resources—financial, human, operational—of large companies to prepare for crisis contingencies (planning) and respond to the challenges they face. They simply do not have the resources or knowledge for risk analysis and the creation of crisis teams or plans. This is an area of growing importance and concern, both in the public and private sectors, where specific research and more in-depth knowledge are needed. Risk, Crisis, and Disaster Management in Small and Medium-Sized Tourism Enterprises connects research in the field of crisis management with the risks affecting small and medium-sized tourism enterprises. The book presents prevailing research on SME-related planning, response, and recovery during crisis situations, further propelling much-needed literature on these challenges in today’s tourism industry. The chapters cover important topics such as terrorism threats, disaster management, resilient strategies, pandemic management, and risk analysis. The target audience of this book will be composed of professionals working in the tourism and hospitality industries, restaurateurs, travel agencies, hotel executives, directors, managers, crisis and risk planners, policymakers, government officials, researchers, and academicians who are interested in the threats to tourism businesses and how small and medium-sized enterprises can manage and navigate these risks.