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Transforming IT-SME in downturn

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SMEs are known to face cash flow problems, skill attrition as well as bad debts due to non realization of unfinished projects . In this situation the sentiments are low and hence these problems would be accentuated further. Some of the Challenges of SMEs in Downturn: • Limited opportunities for Economies of scale • Increased development cost, low profits • Loosing customers, repeat order • Higher cost of marketing

BusinessTechnology
1 of 20
40 th session -Transforming SME –IT companies in the down turn
Transforming SME –IT companies in the down turn Prof S Dubey From Caterpillar to Butterfly
Good News : Every IT giant was once an SME ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
What made the above organizations so successful? ,[object Object],[object Object],[object Object],[object Object]
Challenges for an SME ,[object Object],[object Object],[object Object],[object Object],[object Object]
In bad times Test these four ,[object Object],[object Object],[object Object],[object Object]
Some things that should never be done during the downturn ,[object Object],[object Object],[object Object],[object Object],[object Object]
A few things that must be done: ,[object Object],[object Object],[object Object],[object Object]
Managing the SME business like managing an Intensive care unit* ,[object Object],[object Object],[object Object],* Refer Innovation with IT from McGraw Hill education
HLB model Brain = Creativity Heart = Enthusiasm Lungs = Cash flow
Innovating the Business Model by SME IT ,[object Object],[object Object],[object Object],[object Object],[object Object]
Collaboration with innovation Many SMEs collaborated Big competitor
Advantages of Collaboration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Corporate discipline
Time to practice Five S (5S) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Corporate discipline ,[object Object],[object Object],[object Object],[object Object],[object Object]
Flawless Execution Abhinav Bindra, Olympic gold medalist in action
Flawless Execution ,[object Object],[object Object],[object Object],[object Object]
Finally ,[object Object],[object Object],[object Object]
Thank You for Listening [email_address] 9810506355 Some of these thoughts are elaborated in the forthcoming book by Sanjiva titled Innovation with IT from Mc Grawhill Education

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Transforming IT-SME in downturn

  • 1. 40 th session -Transforming SME –IT companies in the down turn
  • 2. Transforming SME –IT companies in the down turn Prof S Dubey From Caterpillar to Butterfly
  • 3.
  • 4.
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  • 7.
  • 8.
  • 9.
  • 10. HLB model Brain = Creativity Heart = Enthusiasm Lungs = Cash flow
  • 11.
  • 12. Collaboration with innovation Many SMEs collaborated Big competitor
  • 13.
  • 15.
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  • 17. Flawless Execution Abhinav Bindra, Olympic gold medalist in action
  • 18.
  • 19.
  • 20. Thank You for Listening [email_address] 9810506355 Some of these thoughts are elaborated in the forthcoming book by Sanjiva titled Innovation with IT from Mc Grawhill Education