The performance challenges facing the Small & medium Enterprise (SME’s) and the Family Managed Business (FMB’s) are quite distinct and different from the large Corporate and Multi-national companies. The primary issues faced are in translation of vision, strategic planning, goal deployment and performance management. People related issued include moving from entrepreneur driven company to a professionally managed company. From rewarding loyalty, the company needs to start rewarding performance. From valuing effort, the company needs to value results.
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