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Opportunities and Challenges for SMEs

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Opportunities and Challenges for SMEs

A great deal is changing across the world that attracts the attention of businesses and demands a response from them. Issues shaping business around the world include globalization, the rise of fast growth economies such as China, India, Brazil and Mexico, our impact on the environment, falling birth rates in many societies, shifting political power, and increasing global regulation and the inexorable rise of technological innovation.

We created this survey to understand why people start their own business, what challenges they see in their marketplace, how they see the small and medium sized (SME) business sector developing, how they attract and retain talent and leaders, how they plan to address cultural and marketing issues and finally the plans business owners have to 'exit' their organizations. We asked our business panel to think about all of these issues on a five year timeframe. Our intent is to provide business leaders with a perspective on the future of SMEs that will help guide them on their journeys to the end of the first decade of the 21st century. We commissioned Global Futures and Foresight, a strategic futures think tank, to help us with this study.

At Shirlaws we love business - and we'd love to hear about yours. If you have any questions about our survey, or about how we help businesses to grow, please contact your local Shirlaws office. Our details can be found on our Contact page.

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Comments

There is currently 1 comment about this editorial.

jwigley, over 3 years ago

Where will the results of the quick poll be posted?

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