By Margi Levy
Ideas for progress in SMEs explores for the 1st time the function of data and data platforms (IS) suggestions in small and medium-sized businesses (SMEs). such a lot IS examine makes a speciality of huge companies, but the vast majority of corporations in such a lot economies are SMEs. The e-book considers the applicability of is concept and perform to SMEs and develops new theories which are appropriate to those firms.Composed of 6 sections, it covers, among different issues; the character of SMEs, the historical past to IS, and SMEs' use of IS, problems with IS technique and making plans in SMEs, the best way that organizations can remodel via use of IS, assessment, IS flexibility, company technique re-engineering, resource-based method and data administration, the appropriateness of latest theories and the advance of recent versions to handle SME-specific matters. the ultimate element of the publication studies the educational within the past chapters and poses destiny agendas for research.Written via of the top figures within the box, this publication should be crucial interpreting for researchers in IS and SMEs, scholars on entrepreneurship or IS classes, and others that concentrate on SMEs.* a distinct textual content touching on is concept to SMEs* enjoy the authors' years of expertise within the box* Familiarise your self with this progress sector for learn and classes"
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Extra info for Strategies for Growth in SMEs: The Role of Information and Information Sytems
Sample text
Management experience provides the ability not only to manage the business but also the work of others, which ensures that the business is organized effectively (Storey, 1994; Churchill and Lewis, 1983). Alongside this are the identification of market opportunity and willingness to work in partnership with others (Liedholm, 2002; Storey, 1994). These characteristics are often looked for by venture capitalists when they are considered supporting a new venture (Burns, 2001). Alongside these characteristics are more personal ones.
What is the business trying to achieve and what part can IS play? Management processes Technology Organizational structure Strategy the delivery of the product or service. Different organizational structures may require different IS set-ups. A new strategy may require different access to information for managers. The management processes need to be considered in deciding on appropriate IS. For example, in a production environment there is likely to be an emphasis on control to monitor inventory and work in progress to ensure best use of resources.
Information systems planning (ISP) provides the enabling mechanism for strategic alignment by identifying the IS and information architecture required to support the business strategy. Thus, ISP can directly affect the competitiveness of an organization. ISP and strategy is not something that is commonly carried out by SMEs, even though competitiveness may be a concern (Hagmann and McCahon, 1993). The speed of technology innovation makes it essential for SMEs to plan their IS to maintain competitiveness (Blili and Raymond, 1993).