Fabian Demicoli

Best Practice in SME – Recommendation for the Direction and Control of Small & Medium Enterprises

 These recommendations should serve as a basis for Small (10 to 50 employees) and Medium-sized (up to 500 employees)

Enterprises (in the form of unlisted Swiss corporations)

to ensure the exercise of responsible and sustainably value-added direction and control after the completion of the start-up period. Successful SMEs always further long-term satisfaction and voluntary loyalty of:

customers and suppliers,

employees and the general public, as well as

the owners of the enterprise.

These recommendations present handy and simple direction and control instruments and contain best practice advice for entrepreneurially managed SMEs. The recommendations are to serve their audience as a means of reflection. Divergences should be reasonably justifiable. With regard to small enterprises and other businesses in the start-up period, these recommendations can be taken as an incitement.

Opportunities for SMEs

SMEs can be successful on a sustainable basis when they:

  • emulate other exemplary enterprises,
  • adopt the merits observed in these,
  • simultaneously exploit the particular capabilities of the SME, such as flexibility, quick decision-taking processes and the long-term time horizon of their owners, and
  • possess a unique corporate strategy.

Structure

The recommendations are divided into four levels based upon the four pivotal success factors for the effective direction and control of the SME:

➊ Situational Level: Due consideration of particular circumstances within the SME

➋ Strategic Level: Targeted direction of the SME

➌ Integrated Level: Efficient BoD and EM teams in the SME

➍ Controlling Level: Effective supervision within the SME

For the recommendations use link: http://www.google.it/url?sa=t&rct=j&q=best%20practice%20in%20sme%20recommendations%20for%20the%20direction%20and%20control%20of%20small%20and%20medium-sized%20enterprises&source=web&cd=1&ved=0CC8QFjAA&url=http%3A%2F%2Fwww.kmu.admin.ch%2Fpublikationen%2Findex.html%3Flang%3Dit%26download%3DNHzLpZeg7t%2Clnp6I0NTU042l2Z6ln1ah2oZn4Z2qZpnO2Yuq2Z6gpJCDeH94hGym162epYbg2c_JjKbNoKSn6A–&ei=LZBOT7SlOIvsOYP52cEC&usg=AFQjCNE-5AQBJW-qwgNDKWD37CjbvKp3Hg&sig2=4rUv1cv8_H0Ohq3Sdm3oQg

 

 

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