Post by account_disabled on Dec 4, 2023 0:38:16 GMT -5
This may be a challenge especially for small and medium-sized entrepreneurs whose reach and resources are significantly limited. The contribution of the SME sector to economic growth is significant - they are often a source of innovative solutions and diversify the market. They are characterized by a simplified organizational structure and usually offer niche products and services.
The capital used to develop the business usually comes from the owners' savings, bank loans or sometimes private investors, e.g. Business Angels. They employ a relatively small number of than people, medium-sized photo editing servies enterprises - between and , thanks to which they can maintain close relationships with the management and identify more easily.
With the company's goals. There is a centralization of power here - most decisions are made only on the basis of the owner's opinion and experience. Supervising all areas of activity in this way involves risk - the future of the company depends on his competences, some management areas may operate ineffectively and the intellectual potential of employees may go unnoticed. Advantages of implementing a knowledge management strategy Introducing changes to the current way of doing things takes effort and time.
The capital used to develop the business usually comes from the owners' savings, bank loans or sometimes private investors, e.g. Business Angels. They employ a relatively small number of than people, medium-sized photo editing servies enterprises - between and , thanks to which they can maintain close relationships with the management and identify more easily.
With the company's goals. There is a centralization of power here - most decisions are made only on the basis of the owner's opinion and experience. Supervising all areas of activity in this way involves risk - the future of the company depends on his competences, some management areas may operate ineffectively and the intellectual potential of employees may go unnoticed. Advantages of implementing a knowledge management strategy Introducing changes to the current way of doing things takes effort and time.