Future Industrial Model for SMEs

The primary objective of this project is to develop a new practical business and manufacturing model for SMEs in Europe, which will enable them to compete successfully at a national, European and global level.
FutureSME will research and develop a set of tools that will help SMEs to:
• identify a business and manufacturing model that will allow them to develop and sustain their competitive advantage
• develop suitable roadmaps and change plans to allow them to pursue their new business and manufacturing model
• engage the necessary support from their local industry support agencies and educational institutions to facilitate their transformation
• implement the new business/manufacturing models, tools and techniques

The core finding of the project is the need for SME's to develop their adaptive capability to meet event based changes in strategy.
A diagnostic tool to identify areas for attention, a strategy method based on events rather than timelines and a visual management to tie daily actions to strategic intent were developed and validated with partner organisations.