RR eRevolution 2011 transforming from SME to MNE- Presentation by Mr. Raman Roy
- 5. Help of the SME sector helps to determine the future supply of large MNE firms
- 16. The support of responsible shareholders will motivate the management team to develop greater skills
- 17. In SMEs generally there is a powerful recognition that employees constitute competitive advantage
- 19. Has the ability to maintain stable level of employment even during economic crisis
- 20. The long term horizon based on the willingness of entrepreneur to pass down the legacy to next generations, provides business stability
- 21. Provides a sense of security and assurance that employees will be able to pursue long term professional goals within a stable business framework
- 24. It is perceived to be more in family businesses on account of blood bonds between different employees
- 26. CEO who is the main shareholder and MD of the firm often set themselves lower salaries
- 27. They decide to spend more money in the firm where it will enhance shareholder and firm value
- 28. This results in a rub off effect resulting in lower pay level among employees…one needs to be conscious of this.
- 56. SME’s put lot of emphasis on TCO, not only on price. They will go for lower TCO’s