Small companies are always looking to their bigger counterparts to get best practices and learn how to grow their business. How does Xerox get positive press coverage? How does Microsoft hire the best people? How does Bell prepare its business plan?
The success of the Service Corps Of Retired Executives, a national nonprofit organization comprised of retired professionals who offer free counseling to small business owners, is only one example of how SMBs are looking up to tap the knowledge of bigger companies.
This all leads to a very important question: Why are you not sharing some of your best practices with SMBs?
There are many processes that your organization takes for granted that would be of tremendous value to a small business owner. What questions do you ask in a job interview? How do you motivate your staff? What kind of incentives do you offer? How do you make sure your suppliers and partners are loyal to you?
With all the new small business resource centers and portals popping up across the Fortune 500 websites, none of them are offering information that is of true value to small business owners. The opportunities lies in providing useful tools and resources by tapping into the intellectual property of your staff and by sharing some of your processes that are taken for granted. Remember, small businesses do not have the structered systems in place to help them grow and are often learning through trial and error.
The first big company to do this will go a long way to winning the hearts and minds of small business owners.
The success of the Service Corps Of Retired Executives, a national nonprofit organization comprised of retired professionals who offer free counseling to small business owners, is only one example of how SMBs are looking up to tap the knowledge of bigger companies.
This all leads to a very important question: Why are you not sharing some of your best practices with SMBs?
There are many processes that your organization takes for granted that would be of tremendous value to a small business owner. What questions do you ask in a job interview? How do you motivate your staff? What kind of incentives do you offer? How do you make sure your suppliers and partners are loyal to you?
With all the new small business resource centers and portals popping up across the Fortune 500 websites, none of them are offering information that is of true value to small business owners. The opportunities lies in providing useful tools and resources by tapping into the intellectual property of your staff and by sharing some of your processes that are taken for granted. Remember, small businesses do not have the structered systems in place to help them grow and are often learning through trial and error.
The first big company to do this will go a long way to winning the hearts and minds of small business owners.
Labels: Bell, business plan, competitive edge, hire the best people, Microsoft, positive press coverage, selling to small business, Service Corps of Retired Executives, Xerox
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