Organizational Promoting Factors for SME BCP (2)

2015 ◽  
Vol 10 (1) ◽  
pp. 163-170
Author(s):  
Shinichi Okabe ◽  
◽  
Akio Nagahira
Keyword(s):  
Corporate Culture ◽  
Small And Medium Enterprises ◽  
Influential Factor ◽  
Key Factors ◽  
Previous Survey ◽  
Strategic Risk ◽  
Survey Results ◽  
Correlation And Path Analysis ◽  
Medium Enterprises ◽  
Different Levels

In Oct. 2013, one hundred small and medium enterprises (SMEs) were surveyed regarding their business continuity. 70% of the SMEs surveyed had implemented BCP. Our previous paper, “Organizational Promoting Factors for SME BCP,” reviewed the survey results using correlation and path analysis. The review found directives from the president to be the most influential factor of BCP implementation and that there were two different levels of BCP implementation and BCP embedding. Over 60% of the companies that had implemented BCP had had difficulties embedding BCP. Our previous paper identified the BCP environment and its four key component factors, including organizational BCP momentum and company-wide information sharing that would affect BCP embedding, among others. It also identified four key BCP advantages related to normal operations, including enhancing marketing advantage and building employee togetherness, which had a causal relationship with successful cases of BCP embedding. This paper reviews our previous survey results in detail to find key factors separately in tasks and problems as well as in corporate culture groups. It also re-identifies four factors in the tasks and problems group as well as three factors in the corporate culture group. This paper also analyzes the relationships among the perceived BCP advantages to determine if some of them affect the remaining advantages. It finds that organizational strategic risk/BCP mind and employees’ risk mind bring about other BCP advantages, which could be interpreted to mean that two minds , one top-down and one bottom-up, are critical in the BCP embedding stage.

Relevant factors of innovation contests for SMEs

2017 ◽  
Vol 23 (6) ◽  
pp. 1196-1215 ◽  
Author(s):  
Maria Isabel Rodriguez Ferradas ◽  
José A. Alfaro Tanco ◽  
Francesco Sandulli
Keyword(s):  
New Product Development ◽  
Corporate Culture ◽  
Small And Medium Enterprises ◽  
Retrospective Case ◽  
Content Type ◽  
Context Factors ◽  
Medium Enterprises ◽  
Design Factors ◽  
Relevant Factors

Purpose The purpose of this paper is to explore the relevant factors that influence the implementation of innovation contests, an open innovation (OI) practice that has been extensively reported in the literature as a managerial tool for external knowledge search. The authors focus the study on the context of small and medium enterprises (SMEs). Design/methodology/approach The approach is a retrospective case study. This methodology allows an in-depth view into a Spanish SME that successfully undertook two new product development processes thanks to the deployment of innovation contests. Findings The main context factors influencing innovation contests as managerial tool are ambidexterity, technological and marketing turbulence and intermediaries, among others. Regarding design factors, this work highlights the role of attraction and facilitation. Additionally, the repetitive implementation of innovation contests creates a corporate culture that promotes OI activities. Practical implications Managers will understand that they can use innovation contests as a managerial tool, and knowing the factors that need to be taken into account when implementing an innovation contest will help SMEs managers to make better use of this practice. Originality/value This case study enriches the literature of both innovation contests and topics relevant to SMEs. Based on a theoretical framework of the design factors that influence the implementation of innovation contests, the authors propose a research framework that incorporates those context factors in association with an SME.

scholarly journals Model for assessing the success of SMEs in the internacionali­zation process

2010 ◽  
Vol 58 (6) ◽  
pp. 245-252
Author(s):  
Lea Kubíčková ◽  
Aleš Peprný ◽  
Šárka Nováková
Keyword(s):  
Risk Management ◽  
Success Factors ◽  
Small And Medium Enterprises ◽  
Evaluation Model ◽  
Internationalization Process ◽  
Key Factors ◽  
Simple Method ◽  
Key Success Factors ◽  
Simple Evaluation ◽  
Medium Enterprises

The paper deals with evaluating the success of small and medium-sized companies in in­ter­na­tio­na­li­za­tion process. The process of internationalization is defined in the literature in a many ways; there is a countless variety of different approaches and models of internationalization process of firms. Like all processes in the firm also the internationalization process is accompanied by risks. For risk management it is important to know what the key factors of success are in the international arena. In this article is presented a simple evaluation model that could be used by SMEs to determine not only how strong are they compared to competitors, but also at what level are their key success factors in the process of internationalization. The aim was to find a simple method to help small and medium enterprises to assess their situation in the field of internationalization and to help them identify their strengths and weaknesses in this area. Proposed simple evaluation model has the graphic output from which it can be seen in which areas the company is doing well in internationalization process and in what areas is doing badly – then there is room for further improvement. Creating the model it was essential to divide the various factors into several groups and further evaluation to determine the range by which SMEs can quantify the level of success in internationalization process. Before the model was constructed it was necessary to collect data among small and mid-sized firms, and to process the outputs of the survey. After confirmation or to rejection of the certain hypotheses key success factors of SMEs in the internationalization process were selected and these factors were then aggregated into 4 groups. The model was then applied to data obtained from a survey of 40 SMEs and in the paper there are presented specific examples of graphical output of the model for the best and worst rated company. Authors are aware that the model is simple and has its limits, there is the need of much more work and the authors foresee further modifications of this model.

Obstacles to SMEs for E-Adoption in the Asia Pacific Region

2004 ◽  
pp. 112-133 ◽  
Author(s):  
Sushil K. Sharma ◽  
Nilmini Wickramasinghe
Keyword(s):  
Electronic Commerce ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Asia Pacific ◽  
Pacific Region ◽  
Technical Expertise ◽  
Key Factors ◽  
Asia Pacific Region ◽  
Medium Enterprises ◽  
The Way

As electronic commerce (e-commerce) is becoming the way to trade, it is the large corporations that are exploiting their finances and technical expertise to jump into this abyss. Small and medium enterprises (SMEs) are finding too many obstacles to participate in e-commerce. SMEs in Asia Pacific in particular, face many obstacles and thus are still not comfortable with the concept of putting their business online, conducting transactions online or revamping entire business processes. This chapter describes the key factors that are hindering SMEs’ participation in e-commerce and the obstacles to SMEs for e-adoption in Asia Pacific. Although this study is limited to the Asia Pacific region many of the findings do contribute significantly to the factors hindering all SMEs’ e-adoption efforts.

Obstacles to SMEs for E-Adoption in the Asia Pacific Region

2011 ◽  
pp. 1466-1473
Author(s):  
Sushil K. Sharma ◽  
Nilmini Wickramasinghe
Keyword(s):  
Electronic Commerce ◽  
Business Processes ◽  
Small And Medium Enterprises ◽  
Asia Pacific ◽  
Pacific Region ◽  
Technical Expertise ◽  
Key Factors ◽  
Asia Pacific Region ◽  
Medium Enterprises ◽  
The Way

As electronic commerce (e-commerce) is becoming the way to trade, it is the large corporations that are exploiting their finances and technical expertise to jump into this abyss. Small and medium enterprises (SMEs) are finding too many obstacles to participate in e-commerce. SMEs in Asia Pacific in particular, face many obstacles and thus are still not comfortable with the concept of putting their business online, conducting transactions online or revamping entire business processes. This chapter describes the key factors that are hindering SMEs’ participation in e-commerce and the obstacles to SMEs for e-adoption in Asia Pacific. Although this study is limited to the Asia Pacific region many of the findings do contribute significantly to the factors hindering all SMEs’ e-adoption efforts.

Performance measures in English small and medium enterprises: survey results

2006 ◽  
Vol 13 (1/2) ◽  
pp. 120-134 ◽  
Author(s):  
Sérgio D. Sousa ◽  
Elaine M. Aspinwall ◽  
A. Guimarães Rodrigues
Keyword(s):  
Performance Measures ◽  
Small And Medium Enterprises ◽  
Survey Results ◽  
Medium Enterprises

scholarly journals Acquiring International Knowledge and Experience: Internationalization of Small and Medium Enterprises (SMEs)

2011 ◽  
Author(s):  
Shankar CHELLIAH ◽  
Mohamed Zain Sulaiman
Keyword(s):  
Firm Size ◽  
Small And Medium Enterprises ◽  
Northern Region ◽  
Policy Makers ◽  
Firm Internationalization ◽  
International Knowledge ◽  
Medium Enterprises ◽  
Relationship Of ◽  
The Relationship ◽  
Different Levels

Purpose – This paper intends to understand the importance of acquiring international knowledge and experience and its relationship in the internationalization of Small and Medium Enterprises (SMEs) in the Malaysian context. Within this scope, this study sets out to further the discussion by comparing the global orientation of SMEs in Malaysia with their different levels of firm size. In a nutshell, the study further understands the moderating effect of firm size between the relationship of international knowledge and experience, and internationalization of SMEs.   Design/Methodology/Approach – The study is based on literature review in the areas of SMEs internationalization, international knowledge and experience, and the firm size. The data was collected using a survey instrument among 300 internationalized enterprises located in the northern region of Malaysia.   Findings – The results suggest that those firms that acquire international knowledge and experience have no significant relationship with firm internationalization. However, when firm size is used as a moderating factor, acquiring international knowledge and experience shows some importance for internationalization of firms. Interestingly, international knowledge and experience are important for relatively smaller firms. In other words, firm size is significant when relatively smaller SMEs acquire international knowledge and experience. It poses some implications for managers and policy makers.   Originality/Value – This study explores the use of the index of internationalization to measure the internationalization of SMEs in Malaysia.   Keywords: International knowledge and experience, index of internationalization, firm size.

scholarly journals A critical analysis of the contents of the IFRS for SMEs - a South African perspective

2011 ◽  
Vol 14 (2) ◽  
pp. 188-209 ◽  
Author(s):  
Daniel Petrus Schutte ◽  
Pieter Buys
Keyword(s):  
South African ◽  
Financial Reporting ◽  
Small And Medium Enterprises ◽  
Financial Statements ◽  
Developed Countries ◽  
Financial Reporting Standards ◽  
Accounting Practitioners ◽  
African Perspective ◽  
Medium Enterprises ◽  
Different Levels

The International Financial Reporting Standards (IFRS) for Small and Medium Enterprises (SMEs) was developed to address the reporting needs of SMEs worldwide. Furthermore, SMEs from different parts of the world are exposed to different conditions and environments. Although the IFRS for SMEs was not intended for a specific user group,the majority of the respondents to the Exposure Draft on IFRS for SMEs were from Europe and other developed countries while only limited respondents from Africa and developing countries were involved.  This study considered the relevance of the contents of the IFRS for SMEs in the South African environment based on user requirements. Since SMEs do not necessarily have functional accounting departments and because they rely on external accountants to compile financial statements, we included accounting practitioners and trainee accountants from the SME sector in our survey. As a result we classified the contents of the IFRS for SMEs, from a South African perspective, into different levels of importance or relevance.

Exporting Activity at Turning Point

2021 ◽  
pp. 1284-1298
Author(s):  
Christos Lemonakis ◽  
Eleni Batzanakaki ◽  
Stylianos Steiakakis ◽  
Alexandros Garefalakis
Keyword(s):  
Economic Activity ◽  
Turning Point ◽  
Small And Medium Enterprises ◽  
Manufacturing Firms ◽  
Financial Indicators ◽  
Key Factors ◽  
Factors Affecting ◽  
Export Activity ◽  
Food And Beverage ◽  
Medium Enterprises

The purpose of this article is to study key factors affecting export activity in the Greek manufacturing small and medium enterprises (SMEs). Under this condition the authors focus on four consecutive sectors of Greek economic activity, i.e.: food and beverage (F&B), clothing, machinery, and wood and furniture sectors. The important characteristics are analyzed by using the sample firms' size, age, and financial indicators such as leverage and liquidity to underscore the importance of exporting activity in providing increased efficiency in the Greek manufacturing firms. The study uses an OLS econometric model to determine the importance of these factors and to present an overall perception of explanatory characteristics increasing business continuity and firms' viability.

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