Servitization as a Concept for Managing the Development of Small and Medium-sized Enterprises

The aim of the article is to present the key features, stages, advantages and threats of servitization as a concept for managing the development of small and medium-sized enterprises. A literature review and empirical research carried out in the form of a case study of the medium-sized company Mikom...

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Bibliographic Details
Main Authors: Lachiewicz Stefan, Matejun Marek, Pietras Paweł, Szczepańczyk Maciej
Format: Article
Language:English
Published: Faculty of Law and Economic Sciences University of Zielona Góra 2018-12-01
Series:Management
Subjects:
Online Access:http://www.degruyter.com/view/j/manment.2018.22.issue-2/manment-2018-0024/manment-2018-0024.xml?format=INT
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Summary:The aim of the article is to present the key features, stages, advantages and threats of servitization as a concept for managing the development of small and medium-sized enterprises. A literature review and empirical research carried out in the form of a case study of the medium-sized company Mikomax sp. z o.o. from Poland served to achieve the aim of the article. The obtained results indicate a significant role of servitization in the development of the analyzed company. A phased approach to the implementation of this concept has been identified, requiring a number of changes to be made in the management systems of the enterprise. Servitization is a source of strategic, marketing and financial benefits for the company, and the management plans to further develop servitization activities aimed at expanding its market offer and building a sustainable competitive advantage.
ISSN:2299-193X