Midsize businesses around the world have shown remarkable resilience and ingenuity throughout the COVID-19 pandemic. But stabilizing operations and financial performance will be a priority for many of these companies for years to come. Smaller organizations often suffer more than their larger peers when times are tough, facing harsher realities in terms of financial risk, talent retention, and capacity for innovation.
Recent research from Oxford Economics and SAP on midsize businesses shows that these organizations have been navigating a difficult year in similar ways as their larger peers. But staying competitive will require capitalizing on the traits that make midsize businesses inherently suited to holistic, interconnected management, including their capacity for agility, visibility into all parts of the business, and close relationships with employees and partners.
Download the Oxford Economics Report, supported by SAP, below!