| Win-win strategies work not only for large,
multi-national and Fortune 500 companies, but for small- to medium-sized
businesses as well. Why? Because at the heart of every win-win strategy
is an innovative idea that is just "smart business."
Despite the presence of overarching challenges from today’s
business climate (e.g., declining revenues, increasing consolidation,
global competition, outsourcing, technology integration, and the
difficulty of recruiting and hiring qualified, skilled employees),
every entrepreneur and small business owner knows that the challenges
associated with running a company with less than 10 employees are
different from those with 50-100 employees.
On the other hand, the competitive advantage of being a small business
is often flexibility and the ability to innovate— whether
that means where you locate, who you hire, the development of new
product ideas, or who you buy goods and services from.
For many small businesses, one of the greatest challenges to business
development is obtaining the necessary capital for growth and expansion.
Community Development Financial Institutions (CDFIs) specialize
in small business financing.
Win-win success stories from other small- to medium-sized companies:
Pima County Solid Waste (human
resources)
Cooperative Home Care Associates
(human resources)
Miles Fiberglass, Inc. (human
resources)
Cuddledown, Inc. (human resources)
Helpful research reports include:
The
Skills Gap 2001, by the National
Association of Manufacturers
Community
Development Financial Institutions: Providing Capital Building Community,
Creating Impact, by Community
Development Venture Capital Alliance (CDVCA)
Find an expert that
can help your company address its business challenges through win-win
strategies
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