SMEs on the international stage

2017 ◽  
Vol 33 (7) ◽  
pp. 5-7

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Compared to large organizations, most small and medium-sized enterprises (SMEs) lack the resources to compete in overseas markets. The challenges are compounded for those originating in the transitional economies of Central and Eastern Europe, where the business environment remains unpredictable. Such SMEs are reluctant to invest in the breakthrough technologies needed to succeed internationally. Commitment becomes likelier when the background of the firm’s CEO is in output functions like marketing and research and development (R&D). Having experience of the foreign market and personal networks there likewise helps enormously. The knowledge and trust enabled by the CEO’s human and social capital can make the company more confident about investing in technological innovations. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

2020 ◽  
Vol 36 (10) ◽  
pp. 25-28

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Exploiting new technological innovations can help increase the competitiveness of small businesses. But considerable risks are often involved in adopting such technologies. Knowledge risks are especially significant and it is imperative that firms become cognizant of such risks so that appropriate countermeasures can be devised and implemented as part of an effective risk management strategy. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format. 


Purpose – This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach – This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings – Rapid developments in technology and the increase in global competition combine to ensure that the business environment is subject to frequent change. Organizations must evolve to succeed and grow. Those which fail to do so are effectively reserving their place among the also-rans. These tough challenges facing companies aren’t going away in a hurry. Being equipped with the ability to adapt is therefore crucial. Indeed, effective performance in both the short and longer term depends on it. The failure rate of change initiatives remains staggeringly high. To say that change management needs to be taken seriously is therefore stating the obvious. Practical implications – The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value – The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. 10; 10; Findings Companies rating high in employee creativity and organizational innovation become better equipped to compete effectively in today’s demanding business environment. Strong emphasis on key personal and organizational drivers can help optimize these critical capabilities. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2020 ◽  
Vol 36 (4) ◽  
pp. 33-35

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings This case study paper concentrates on the managerial perceptions that determine where to establish a subsidiary and which strategies to follow in doing so. Cultural and economic distances have the biggest impacts on such strategy formation, followed by secondary administrative and geographic distance factors. Most managers preferred to adapt their marketing approach to the foreign market, to give high autonomy to acquired subsidiaries to manage their market, and to set up a subsidiary in a neighboring country. The interviewed Portuguese companies therefore predominantly opened a foreign subsidiary in Spain. Originality/value The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2017 ◽  
Vol 33 (1) ◽  
pp. 22-24

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings An organization that boasts effective strategies is best positioned to optimize its performance. Putting such strategies in place is only the start though. Companies must also regularly evaluate their impact and ensure that they remain relatively uncomplicated. However, many operators fail in these respects while others become complacent. Author and inspirational speaker Steve Maraboli once argued that “a lack of clarity could put the brakes on any journey to success”. Such sentiments have become increasingly relevant in the current business environment where change seems the only certainty. As industries splinter and competition intensifies further, clearly defined strategies are undoubtedly more critical still. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the worlds leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2016 ◽  
Vol 32 (4) ◽  
pp. 24-26

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Everyone involved in strategic management – in theory or in practice – knows about competitive advantage. Every company should have one, or at least be identifying and developing one. Unfortunately, like a lot of things that “everybody knows”, competitive advantage means different things to different people. Getting to a single, unambiguous definition of competitive advantage is harder than you might expect – and “I’ll know it when I see it” doesn’t really help anyone to run a successful company in the contemporary business environment. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2010 ◽  
Vol 18 (3) ◽  
pp. 26-29 ◽  

PurposeReviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studiesDesign/methodology/approachA review prepared by an independent writer who provides context and commentary.FindingsIn the Twenty‐first century the business environment has become extremely competitive and continuous improvement is no longer an option; it has become a necessity. One area where organizations of any size can create changes is in their utilization of human resources. People are a company's greatest asset. Changing outdated structures and even more archaic attitudes can help to attract, motivate and retain the employees who have the vision, skills and determination to adapt to a constantly changing world. Assessing potential when appointing or promoting staff; creating flexible organizational structures which will help all employees to achieve a better work‐life balance; recognition of women's different career trajectories and developing intrinsic motivation in employees are all ways in which organizations can find and hold onto the treasure of human resources.Practical implicationsProvides strategic insights and practical thinking that have influenced some of the world's leading organizationsOriginality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Increase in populism is fueling anti-globalization sentiments and negatively impacting on the investment, expansion and location plans of many multinational enterprises. By focusing on social legitimacy, resilience and institutional arbitrage, such organizations can develop appropriate nonmarket strategies to help alleviate risk and better adapt to the changing business environment. Originality/value The briefing saves busy executives and researchers’ hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2017 ◽  
Vol 25 (1) ◽  
pp. 22-24

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings Increased globalization and constant advances in technology ensure that the business environment has become tougher to operate in than ever before. Firms must constantly evolve to remain competitive. If that was not enough, many have enemies within to contend with. Evidence suggests the cynicism is among the most serious of these challenges. The problem is becoming so widespread that it has been referred to as the organizational equivalent of cancer. Various definitions of cynicism have been forwarded. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2017 ◽  
Vol 33 (5) ◽  
pp. 5-7

Purpose This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings The study sorts strategies to avoid liability of foreignness, including operational capabilities, entry modes, country of origin, legitimacy achievement, risk of politico-economic changes, and location selection. The study identified strategies for small- and medium-sized businesses entering emerging and transitional economies, as well as suggestions when entering sophisticated economies. Practical implications The paper provides strategic insights and practical thinking that have influenced some of the world’s leading organizations. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


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