BUSINESS
Innovation is not rocket science, here's how SMEs can ace it
Innovation will determine how an SME thrives in the ever-changing marketplace. Employees should be encouraged to experiment with new processes, tools and ideas and the change has to come from the top
BUSINESS
In these testing times, SMEs need to dial up innovation
Innovation doesn’t always have to be a Eureka moment. Improving products and services and changing processes to be more agile and efficient, too, calls for some bit of innovation
BUSINESS
Here’s how to accelerate employee performance in SMEs
Openness, Collaboration, Trust, Authenticity, Pro-action, Autonomy and Confrontation are the seven pillars that create a culture of performance
BUSINESS
Loyalty is a critical theme in SME leadership
Employee loyalty is much coveted, especially in uncertain times. In SMEs, the owner or the founder is the anchor for loyalty but as the younger workforce comes in, the dynamic is changing
BUSINESS
For SMEs, growth hinges on the quality of leadership
There is no leadership playbook for SMEs because of the sheer diversity of the space but one rule is universal—it starts from the top
