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The innovation audit tool

An instrument for supporting SMEs
: Schüle, Stephan; Wohlfart, Liza; Ledson, Mark

Service today (2012), No.4, pp.56-57
ISSN: 1869-3024
Journal Article
Fraunhofer IAO ()

The ability to both grow sustainably and adjust flexibly to market changes means a constant challenge for small and medium-sized companies (SMEs) in Germany as well as in Australia. Getting a good understanding of the current status of one's company and finding suitable starting points for levering corporate strengths and points for improvement, however, is a challenge many SMEs find hard to master, considering their preoccupation with the ups and downs of day-to-day business in today's turbulent economy. A new tool helps South Australian SMEs to assess their innovation and sustainability capabilities and to identify improvement options.