Against All Odds : Giving Businesses an Edge in Haiti

Small and medium enterprises (SMEs) contribute to job creation in all types of economies, but they have a particularly critical role in fragile and conflict-affected states. In Haiti, for example, smaller companies represent the backbone of the economy, employing about 80 percent of the workforce. These SMEs face many challenges in managing their operations and setting up sound business strategies, challenges that can lead to limited growth opportunities and difficulties in accessing credit. Following the devastating earthquake of 2010, which magnified the already difficult circumstances, International Finance Corporation, or IFC supported private sector development by providing SMEs with specific management tools under the Business Edge (BE) program to help with the recovery process. This smart lesson presents lessons learned and insights gained from the Business Edge Haiti Project.

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Bibliographic Details
Main Author: Daele, Elvira Van
Format: Brief biblioteca
Language:en_US
Published: International Finance Corporation, Washington, DC 2012-04
Subjects:accounting, adult training, backbone, business development, business managers, business opportunities, business performance, business strategies, Businesses, buyer, cell phones, competitiveness, computers, customer service, development strategies, direct marketing, economic development, end user, global market, human resources, income, institution, international companies, international consultant, job creation, Localization, marketing, material, medium enterprises, nongovernmental organizations, outputs, Photos, private sector, private sector development, private sector investment, productivity, quality training, radio, result, Results, skills development, telephone, training courses, training programs, training workshops, translation, value chain, wages,
Online Access:http://hdl.handle.net/10986/13071
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Summary:Small and medium enterprises (SMEs) contribute to job creation in all types of economies, but they have a particularly critical role in fragile and conflict-affected states. In Haiti, for example, smaller companies represent the backbone of the economy, employing about 80 percent of the workforce. These SMEs face many challenges in managing their operations and setting up sound business strategies, challenges that can lead to limited growth opportunities and difficulties in accessing credit. Following the devastating earthquake of 2010, which magnified the already difficult circumstances, International Finance Corporation, or IFC supported private sector development by providing SMEs with specific management tools under the Business Edge (BE) program to help with the recovery process. This smart lesson presents lessons learned and insights gained from the Business Edge Haiti Project.