SMEs and Mid-Caps are an important part of the European economy and represent over 85 % of job creations in Europe. Despite this, family owned companies and Mid-Caps must have greater international ambitions.
Indeed, their size that is often critical and they have many projects in their domestic markets, but European companies have a hard time grasping international markets and their specificities. They have an opportunistic international vision that unfortunately lacks long-term structure with synergies and a rich cultural mix within their teams.
The COSME program that was launched by the European Union for the competitiveness of companies and SMEs is a real opportunity in this area. It aims to:
- ? facilitate access to financing;
- ? support internationalization and access to markets;
- ? create an environment that is favorable to competitiveness;
- ? encourage corporate culture.
In addition to this program, companies need advise from reliable local players that are able to translate strategic issues in new environments.
ARROWMAN Key Insights
In order for companies to serenely take on their international development, we advise them to be supported by actors sharing the same values (entrepreneurial culture, agility, risk-taking, etc.) and able to mobilize trustworthy networks across borders.
By capitalizing on a long-term relationship and with a real understanding of the business and strategic challenges faced by companies, it is possible to identify and quickly integrate bicultural profiles driven same ambitions. Their complementarities will strengthen establishments in a world that is increasingly globalized and interface with the headquarters in order to guide its development on a local scale.
To support its customers in their international development, ARROWMAN Executive Search is a member of the INAC network, international network of independent recruitment offices, present in forty countries worldwide.