Growth of a small manufacturing enterprise and critical factors for success Online publication date: Wed, 02-Jul-2003
by Samson Tam, W.B. Lee, Walter W.C. Chung
International Journal of Manufacturing Technology and Management (IJMTM), Vol. 3, No. 4/5, 2001
Abstract: This paper explains how a new start-up company has evolved from an SME to become a global company. It analyses the growth strategy of the company over a nine year period. The company took several important decisions so as to be able to create new competencies. The evolution of the company is analysed and discussed in a period of six stages. A conceptual model for competency building is formulated and discussed. Such a model is applicable to other SMEs to repeat its growth path.
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