Small and Medium sized Enterprises are the backbone of any economy. Their contribution to innovation-led economic growth and job creation has been of renewed interest in recent years. At present, SMEs contribute about 55% of GDP and 65% of employment in the high income countries and over 90% of employment and 70% of GDP in the middle income countries. Worldwide SMEs are facing increasing competitive pressures that are compounded by unequal access to cutting edge technologies and scientific resources. The reality is that only a marginal of the global SMEs universe is able to exploit the opportunities created by globalization. Among European SMEs, modern technology innovators and adaptors constitute no more than 20% of Europe's SMEs; a percentage that's bound to be lower amongst developing countries.
When talking about European best practice in SME sector the examples are almost invariably drawn from the Irish experience. IDI capitalised on the lessons from the Irish economic experience and draws on its founders for specialised practitioners actively involved in IDI’s projects. Working with our experts, who ‘have done it before’, ensures a practical approach avoiding many of the strategic and operational pitfalls. IDI has an extensive experience in providing practical solutions and proven expertise to a wide range of SMEs on numerous technical aspects in order to improve their performance in internal and external markets and enhance their overall competitiveness. We provide very effective direct one-to-one consultancy, tailored coaching and on-the-job training support as well as practical formal seminars for SME managers.
Key Services Offered
- Business planning and modelling;
- Product design and development to meet market demands;
- Branding and marketing evolution;
- Productivity and performance improvement;
- Strategic management;
- Market research and export promotion;
- Technology transfer and innovation enhancement;
- Improving staff performance through effective human resource management;
- Introducing quality management systems (ISO, HACCP, Global GAP, etc.) based on expectations of international clients;
- Introduction of financial tools and instruments tailored to current situation and needs of SMEs;
- Facilitating access to funding of early stage ventures.