Small and medium-sized enterprises (SMEs) are recognised as mainstays in almost every economy in the world. It is equally recognised that their performance cannot be measured by the same yardsticks as those used for large, established organisations.
Ali Farhoomand is the Director of the Asia Case Research Centre (ACRC) and a professor of business in the Faculty of Business and Economics, The University of Hong Kong.
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This is a much needed book that draws rich examples from numerous industries to showcase the critical importance of SMEs in shaping and steering Hong Kong's economy. Through a series of Best Practice cases, it provides a comprehensive, yet accessible study of the managerial challenges facing SMEs and the factors leading to their success." X Y. C. Richard Wong, Professor of Economics and Deputy Vice-Chancellor, The University of Hong Kong