What can enterprises learn from how small and medium-size businesses approach innovation, and how can SMBs benefit from adopting an enterprise approach? We answer these questions and more in this episode of Business Disrupted. 

Despite their differences, SMBs and enterprises have similar goals and challenges. Both SMBs and enterprises are focused on innovation and pursuing increased mobility; both also face security risks and disruptive competitors that threaten the integrity of business. In this episode, experts representing each business perspective discuss how everything from agility to resource planning to funding and team building can be best leveraged to drive success in a company of any size.

Podcast guests:

  • Rhonda Vetere, President of Data Analytics at nThrive (@RhondaVetereH)
  • Laurie McCabe, Co-Founder and Partner at SMB Group, Inc. (@lauriemccable

Don’t miss these discussion topics:

2:55 Defining digital transformation
3:22 The keys to a successful digital transformation strategy
4:49 What businesses need to consider to avoid being disrupted
6:22 Distinctions between how SMBs and enterprises approach innovation
8:35 The framework to follow for innovation
13:43 Enterprise IT trends being successfully adopted by small businesses 
19:20 Creative ways that organizations are funding tech investments
21:30   Top things enterprise IT can learn from small businesses
22:00 SMB IT advantages
22:20 Common pitfalls to avoid on the road to digital transformation
24:30 Infrastructure to have in place for successful transformation
26:18 How to foster a culture of intrapreneurship
31:00 Top drivers for investing in digital technologies
32:45 Finding the time to strategize while keeping up with everyday demands
33:10 When to make the investment in new technology
34:45 How to scale after making a new tech investment
40:50 Security best practices that SMBs can learn from enterprise IT
43:05 Advice for getting company buy-in

Books and events recommended in this episode:

Check out the latest episodes in the Business Disrupted podcast series and learn more about how Samsung mobile solutions can power innovation in your business.