rapidly changing economy with its constantly emerging new
and competition threats, a company must stay
close to its customers and be flexible,
fast. SMEs possess all these strengths as well as well as some other
Creative and Innovative
SMEs are learning and
companies that change and adapt to suit their rapidly changing
is their powerful tool. Doing new things or doing old things in new ways is how
as an opportunity for a different business or a different service.
benefit a lot from being technology leaders.
Benefits of e-Business
They outperform peers in
sales, profits, employee satisfaction, and business growth. Leading SMEs adopt
aggressively and employ the full range of available ICT tools – from
productivity software to
Internet connectivity to
Modern IT-powered Value Chain
They stay ahead of mainstream
adoption and ride new waves of advancement to improve effectiveness,
innovativeness. They connect better and
faster with new customers and markets, and compete with much larger players.
Internet Business Models
IT Leader: New Roles of a CIO
Opportunity-driven Business Development
opportunity-driven business development approach aims at increasing the
effectiveness of a company through the pursuit of new business. Innovative
high-growth SMEs go away from struggling in a mature industry.
How To Discover Opportunities
knowledge-based enterprises are characterized by
multi-skilled workforce and
flat and flexible structures.
empower employees and assume more
The notion of
extended enterprise includes many different arrangements such as
distribution agreements, collaborative marketing, R&D program partnerships,
ventures, preferred suppliers, and
Focus on Emotional Drivers
customer engagement is
a new trend.
discussion forums or blogs, for example, are spaces where people
can communicate and socialize in ways that cannot be replicated by any offline