What allows SMEs to innovate?
Clearly the most important factor is the quality of the owners/managers. However innovation needs opportunity as well as capacity. Those owners/managers need to understand the environment, the competition, the technology that define their business... and they need to be driven to search for something better, for improvements, for higher profits. Then they need the skills to translate ideas into practice.
Sounds easy, doesn't it? But, it isn't. That's why the few win and the majority lose.
What are you doing to become one of 'the few'?
Clearly the most important factor is the quality of the owners/managers. However innovation needs opportunity as well as capacity. Those owners/managers need to understand the environment, the competition, the technology that define their business... and they need to be driven to search for something better, for improvements, for higher profits. Then they need the skills to translate ideas into practice.
Sounds easy, doesn't it? But, it isn't. That's why the few win and the majority lose.
What are you doing to become one of 'the few'?
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