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SME's - why communication is good for innovation

Written by: Dr. Rob Smorfitt

Article Overview: A look at the link between communication and innovation

Free Download - SMEs – SMEs struggling in South Africa. Why? By Dr. Rob Smorfitt
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SME's - why communication is good for innovation

The Internet as a communication tool is vital for SME's, and for remote Africa, even more so. I personally monitor www.trendhunter.com and www.springwise.com among other sites, for innovative happenings around the world. It helps to keep me up to date, and allows me to see how to innovate my own and my client businesses using some of the ideas that I pick up on the Internet.

Innovation is not necessarily, and seldom is, invention. Innovation is about improvement, sometimes gradual. It is about improving what exists. The more we are exposed to innovative thinking, the more innovative we become. It becomes a way of thinking for those who are entrepreneurial, and this is how many businesses are started and many industries given a new lease on life and their life cycle extended.

African governments must find a strategy to extend cheap fast Internet to SME's as a matter of urgency if they wish to grow the base of entrepreneurs in their respective countries.

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Home > African-Accounts > Dr. Rob Smorfitt > SMEs why communication is good for innovation
Article Tags: communication, entrepreneur, entrepreneurship, innovation, Internet, SME, SMME, Smorfitt

About the Author: Dr. Rob Smorfitt
RSS for Dr. Rob's articles - Visit Dr. Rob's website

Have an MBA and a PhD in entrepreneurship. Three key areas of ongoing research are entrepreneurship and innovation in large business strategy, the impact of legislation on SME development and SME finance. 


Run my own SME blog at http://sme-smb-smme.blogspot.com as well as an entrepreneurship and innovation for large businesses blog at http://innoveur.blogspot.com 


I have been self-employed since 1982. I have started or purchased in excess of 50 businesses since then. Most were sold again and a few were shut down because of a lack of profitability. Many were run by staff or family while I worked full time in my bigger businesses. 

Author of 6 books. Written articles for various magazines, newspapers and websites.  


Experienced in research within developing countries.

 



Click here to visit Dr. Rob's website
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SME, SMB, SMME, all the debate and info
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Re: In-House or Outsource? Re: In-House or Outsource? - Unfortunately, in the South African context, very few SMEs see outsourcing as an option. They believe it is too expensive, and they are paranoid that someone will "steal their ideas". I believe that the three main functions that cannot be outsourced are marketing, sales and strategy. These must be done in house I believe. If you do not have the marketing skills then get them. Hire a consultant or attend a course, but get the skills. Even if you use a consultant, you need to understand what marketing is about, as no one knows your market like you do. Marketing is made to seem difficult and complex, but everyone who really understands their markets, can easily learn to do their own marketing. In South Africa, labour legislation is extremely inflexibile, and consequently labour broking is a large industry. This is an ideal starting point for SMEs in South Africa, as it is a legally complex area, whih comes with severe penalties. I say do it! Rob Smorfitt
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