Small steps, big changes: How SMEs can leverage adversity to improve innovation

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design/methodology/approach

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

This paper identified that small and medium sized enterprises (SMEs) are capable to innovation when faced with the adversity of limited resources. They can explore international options to improve opportunities for success.

Originality/value

The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2024), "Small steps, big changes: How SMEs can leverage adversity to improve innovation", Strategic Direction, Vol. 40 No. 8, pp. 4-5. https://doi.org/10.1108/SD-09-2024-0145