Considering the rapid changes in the competitive era, Chinese small to medium-sized enterprises (SMEs) continuously to look for ways on how to survive, grow and be competitive. Knowledge management (KM) is importa...Considering the rapid changes in the competitive era, Chinese small to medium-sized enterprises (SMEs) continuously to look for ways on how to survive, grow and be competitive. Knowledge management (KM) is important for SEMs to lead their efforts to foster a sustainable competitive advantage. This paper is based on an investigation of the knowledge management practices for knowledge-intensive SMEs. The research discovered that SMEs do not manage knowledge the same way as larger organizations. There are some peculiarities in knowledge management practices at SMEs. SMEs will face several unique challenges in KM implementation. They are knowledge identification and acquisition, knowledge dissemination and organizational learning, knowledge creation and innovation, and organizational culture. It is crucial that Chinese SMEs, especially in knowledge intensive enterprises should efficiently adopt some informal or formal KM strategies, in order to implement an appropriate KM and maximize their competitiveness and survival chances.展开更多
The enterprises need to assess the risk dynamic of financial instability and its impact on small and medium-sized enterprises' development, because it is important for enterprises to extend commercial activity and to...The enterprises need to assess the risk dynamic of financial instability and its impact on small and medium-sized enterprises' development, because it is important for enterprises to extend commercial activity and to open a new structural subdivision. We have researched types of risks, their identification, classification, and assessment possibilities in activities of small and medium-sized enterprises. We have used our own algorithm of identification, classification, and assessment of enterprises' risks. The goal of this research is to study the economic and financial risks' impact on small and medium-sized enterprises' development in Latvia. For study purpose, we have carried out the questionnaire of representative small and medium-sized enterprises about the economic and financial risks' impact on enterprises' development in Latvia. We have created classification of Latvian services sectors' economic and financial risks in the period from 2011 to 2012. Those risks have been included in the questionnaire. The risks matrix is a quantitative assessment tool of risks. We have created Latvian service sector economic and financial risks matrix. We have arranged risks by their sizes of possible losses for enterprises. For each risk has been assessed its probability of realization. We have created Latvian accommodations (hotel) and food services technological process risks map. Several parts of the risk map (segments) make it possible to assess each type of the risk separately in its segment. Risks matrix can be used to choose enterprises' strategy of risk management. Enterprise's strategy of risk management is developed by analysing zones of risk level.展开更多
文摘Considering the rapid changes in the competitive era, Chinese small to medium-sized enterprises (SMEs) continuously to look for ways on how to survive, grow and be competitive. Knowledge management (KM) is important for SEMs to lead their efforts to foster a sustainable competitive advantage. This paper is based on an investigation of the knowledge management practices for knowledge-intensive SMEs. The research discovered that SMEs do not manage knowledge the same way as larger organizations. There are some peculiarities in knowledge management practices at SMEs. SMEs will face several unique challenges in KM implementation. They are knowledge identification and acquisition, knowledge dissemination and organizational learning, knowledge creation and innovation, and organizational culture. It is crucial that Chinese SMEs, especially in knowledge intensive enterprises should efficiently adopt some informal or formal KM strategies, in order to implement an appropriate KM and maximize their competitiveness and survival chances.
文摘The enterprises need to assess the risk dynamic of financial instability and its impact on small and medium-sized enterprises' development, because it is important for enterprises to extend commercial activity and to open a new structural subdivision. We have researched types of risks, their identification, classification, and assessment possibilities in activities of small and medium-sized enterprises. We have used our own algorithm of identification, classification, and assessment of enterprises' risks. The goal of this research is to study the economic and financial risks' impact on small and medium-sized enterprises' development in Latvia. For study purpose, we have carried out the questionnaire of representative small and medium-sized enterprises about the economic and financial risks' impact on enterprises' development in Latvia. We have created classification of Latvian services sectors' economic and financial risks in the period from 2011 to 2012. Those risks have been included in the questionnaire. The risks matrix is a quantitative assessment tool of risks. We have created Latvian service sector economic and financial risks matrix. We have arranged risks by their sizes of possible losses for enterprises. For each risk has been assessed its probability of realization. We have created Latvian accommodations (hotel) and food services technological process risks map. Several parts of the risk map (segments) make it possible to assess each type of the risk separately in its segment. Risks matrix can be used to choose enterprises' strategy of risk management. Enterprise's strategy of risk management is developed by analysing zones of risk level.