The dualism of Greek firms and management: present state and future implications

Article Abstract:

Some of the management problems facing Greek companies are examined, and solutions are suggested. Family-owned Greek firms have particular problems when competing in a global marketplace against large multinational companies. Greek firms have to pay high wages in comparison to production, they cannot spend much on market research, the managers often have limited experience, are autocratic and are resistant to change. These firms may not be able to survive unless strategic alliances are made with other firms abroad, so that they can compete with multinational companies.

Business Methods, Management Skills, Business planning, Chief executive officers, Career development, Management techniques, Family-owned business enterprises, Family-owned businesses

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Greek firms and EMU: Contrasting SMEs and large-sized enterprises

Article Abstract:

Greece's recent accession to the European Monetary Union (EMU) created some tough challenges for Greek businesses in that they had to change their management practices in order to compete. This study of leading Greek firms just before the country joined the EMU indicates that the small or medium firms (SMEs) and large organizations had already begun changes in in competitive strategy, structure and management processes. However, the SMEs appear to be less willing to able to implement change.

Strategy & planning, Germany, Management Theory & Techniques, Business, Organizational change

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Greek hidden champions: lessons from small, little-known firms in Greece

Article Abstract:

Research is presented concerning the factors which have been utilized by small, relatively unknown companies in Greece to ensure their economic success. Market specialization, customer service and innovation are discussed.

Innovations, Competition (Economics), Economic aspects, Influence, Business enterprises, Customer service, Leadership

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