A Survival Guide for SMEs by Nitin Pangarkar
http://thinkbusiness.nus.edu/articles/item/267-sme-survival-tips
SMEs always fascinated me. I think it's because you seldom hear about them and yet they form the majority in terms of number of companies (revenue? employees? I have no idea) in the business landscape.
The title of the article naturally caught my attention but really the conclusion that SMEs survive better if they ally with diverse partners is not very instructive or illuminating. SMEs, given their size, tend to focus on a specific area of expertise, which makes it very natural for them to need partners to cover the whole value chain if they wish to succeed? Am I missing something here...? I think what would be interesting would be a deeper analysis of the types of alliances and business models that have flourished. It would also be interesting to compare the difference between countries. Do different operating environments/ business culture affect the way SMEs partner other companies, and how?
http://thinkbusiness.nus.edu/articles/item/267-sme-survival-tips
SMEs always fascinated me. I think it's because you seldom hear about them and yet they form the majority in terms of number of companies (revenue? employees? I have no idea) in the business landscape.
The title of the article naturally caught my attention but really the conclusion that SMEs survive better if they ally with diverse partners is not very instructive or illuminating. SMEs, given their size, tend to focus on a specific area of expertise, which makes it very natural for them to need partners to cover the whole value chain if they wish to succeed? Am I missing something here...? I think what would be interesting would be a deeper analysis of the types of alliances and business models that have flourished. It would also be interesting to compare the difference between countries. Do different operating environments/ business culture affect the way SMEs partner other companies, and how?
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