SMEs Archives - Strategic Thinking ♔ Milon Gupta

The three biggest challenges for SMEs in 2023-2024

19 March 202411 August 2023 by Milon Gupta

The German economy is in recession. And German SMEs are right in the middle of it. In addition to short-term economic causes for the slump, there are also longer-term structural reasons. SMEs are therefore facing growing challenges in the short and medium term that require consistent strategic action. The German Institute for SME Research (Institut … Read more

5 Common Strategic Planning Mistakes SMEs Should Avoid

3 August 20173 August 2017 by Milon Gupta

The experts have been debating the use of strategic planning for some time. Already in the mid-1990s, Canadian management professor Henry Mintzberg questioned the use of a formal strategic planning process in his book “The Rise and Fall of Strategic Planning”. And in view of fast, partly unforeseeable changes, there are good reasons to doubt … Read more