Table 5

Clusters of SMEs based on their seizing capability

Clusters of SMEs
ThemesOperational efficiency seekersService growth seekersService-centric SMEs
Positioning services within the business strategyTreating services as complementary to the core productExpanding service roles within the business strategyEmbedding services at the core of the business strategy
Allocating and managing service resourcesRelying on external suppliers for service operationsCombining dedicated resources with partnerships for service deliveryAssigning dedicated resources to manage service operations
Building and leveraging digital capabilities and readinessOperating with limited resources and technical readinessApplying operational and technical expertise to implement new systemsDemonstrating long-term strategic innovation readiness
Cases studiedHeavyLift, PaperTechElectricCool, PrecisionFlowGripMeter, MarineMotive

Source(s): Authors’ own work

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