Data Act: Commission proposes measures for a fair and innovative data economy
01 August 2022
The European Commission proposed new restrictions on who can use and access EU data across...
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:
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
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).