What makes SMEs successful: Principles of the best companies

How are successful SMEs positioned and what factors contribute to their success? Christian Wewezow, Managing Partner of Clockwise Consulting GmbH, addresses these questions in his editorial: "What makes SMEs successful: success principles of the best companies".

The editorial was published as part of the study "Germany's SMEs 2020 - how small and medium-sized enterprises are working on their success of tomorrow" by the RKW Competence Centre on 23.11.2020.

The key figures and success factors of successful companies that won awards in the "Großer Preis des Mittelstandes" competition between 2010 and 2020 were analysed and examined in greater detail.

In his analysis of the key figures and success factors, Christian Wewezow, as an SME expert, provides interesting insights on topics such as corporate financing, succession, leadership, digitalisation and innovation. The identified success principles are intended to give new practical impetus to traditional family businesses and mechanical engineers as well as innovative industrial companies. In addition, start-ups are to be inspired to become the medium-sized company of tomorrow.

The present results offer exciting insights into the strategy, organisation and transformation of leading SMEs. "Thanks to the dedicated support of the Oskar Patzelt Foundation and the consideration of the RKW Competence Centre, this article was made possible," says Christian Wewezow. The Oskar Patzelt Foundation has been honouring outstanding SMEs and family businesses with the "Grand Prix of SMEs" since 1994 and is committed to SMEs as the "heart and soul of the German economy". Foundation board members Dr. Helfried Schmidt and Petra Tröger would like to thank Christian Wewezow, who has also worked on an honorary basis as chairman of the board of trustees (since 2015) and as a juror for the "Grand Price for SMEs" (since 2010): " We are very pleased with the evaluation of the data and the publication as part of the SME study by the RKW Competence Centre. Thank you very much!"

You can either pre-order the publication "Germany's SMEs 2020 - how small and medium-sized enterprises are working on their success of tomorrow" as a print version or download it free of charge at: https://www.rkw-kompetenzzentrum.de/innovation/studie/deutschlands-mittelstand-2020/

 

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