ENDEAVOR WHITE PAPER 2013
Endeavor Insight released a report, "Multiplying Impact through High-
Quality Jobs," which suggests that any company can generate jobs, but
the best ones build careers. Endeavor Entrepreneurs succeed on both
fronts, creating jobs 5.4x faster than peer entrepreneurs globally ….
[Read more]
SAP'S SUPPORT OF
ENTREPRENEURSHIP
Desmond Nair, SAP Director of Ecosys-
tems and Channels Africa, explained to the
participants of the Fourth State of Entrepre-
neurship in South Africa Summit that SAP
is committed to the communities in which it
operates and believes that the private sector
plays a vital role in levelling the playing field,
driving innovation and building an environ-
ment that improves education and entrepre-
neurship to help improve economic growth.
He pointed to the following ways in which
SAP fosters entrepreneurship:
• Helps entrepreneurs succeed, benefit-
ing from effective regulation, mentoring,
technology and other resources
• Provides its technology expertise and
mentorship to emerging entrepreneurs
with a viable, innovative business idea
that addresses a social need
• Encourages entrepreneurship among
young people, helping them recognise –
and seize – new business opportunities
• Supporting these entrepreneurs also
feeds our own innovation, helps develop
new markets in which SAP can thrive, and
creates a dynamic business network.
To take the pulse of small and medium-sized
enterprises (SMEs), SAP recently sponsored
research by the Economist Intelligence Unit
(EIU). It conducted a survey of 1 072 senior
SAP
support
managers in five developed and five emerg-
ing markets across the world in July and
August 2012. The developed economies
were France, Germany, Japan, the United
Kingdom and the United States; respond-
ents in these countries totalled 535. The
emerging economies were Brazil, China,
India, Mexico and Russia; respondents in
these countries totalled 537. All the compa-
nies surveyed report annual revenues under
$750m; over three-quarters of all respond-
ents (76%) represent firms with revenues
below $250m; over half (52%) represent
companies with revenues below $100m. The
survey asked managers how confident they
feel; what their main business priorities
are; how they are addressing opportunities;
and what obstacles they face. In addition,
the EIU conducted an interview programme
with senior managers of SMEs in devel-
oped and emerging economies, with annual
turnover between $2m and $475m. Read
the results here.
Together, Endeavor and SAP developed an
interactive dashboard that compares En-
deavor companies' growth figures against
data of similar companies from the World
Bank's Enterprise Surveys. The data shows
that Endeavor Entrepreneurs are creating
revenue and jobs faster than their peers. To
view the complete report, click here.
The power of high-impact entrepreneurs
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