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Lin Giralt shares findings from a Evalusys and Lambda study of over 600 small and medium sized enterprises in the U.S., covering ten categories, including results on: human resource management, business exit readiness, innovation processes and capabilities, and quality of business processes.

What Evalusys and Lambda have learned about US Small and Medium Sized Enterprises [SME’s]

Summary of Results from over 600 Business Evaluations indicates that improvements in Sales Management [98%] and Strategic Business Planning [94%] are the Categories that lead top managers’ and owners’ areas of action[1]. In terms of specific points of action, the Innovation Category had the top three most important actions mentioned: “Company does not have the right metrics and incentives to support a culture of innovation,” [72%]; “Management is not satisfied with their ability to leverage open innovation,” [66%]; and “Management is not satisfied with the rate of new product development,” [64%].[2]

On the other hand, most SME’s were content with their Overall Business Processes, Supervisory Practices and Human Resources Management.

In addition to metrics, this article includes:

• Topline conclusions
• Discussion of results
• Examination of the data
• Conclusions and further considerations

Read the full article, What Evalusys and Lambda have learned about US Small and Medium Sized Enterprises [SME’s], on LinkedIn.