KODIT provides management consulting services to SMEs in an attempt to enhance their competitiveness and productivity. These services consist of training programs, management consulting and publications.
SMEs are generally said to have been the underdogs compared to large enterprises due to their weaknesses in working capital, manpower, technology and know-how.
By providing various training programs and management consulting services, KODIT expects SMEs to acquire advanced administration and management skills and to construct an effective network with their customers.
A dedicated management consultant group within KODIT analyzes and proposes improvements to SME difficulties in management strategy, marketing, finance, accounting, and other areas. KODIT covers 60% or more of the consulting fees.
Specialized consulting spans many areas ranging from mergers and acquisitions for high-performing SMEs, listing on the KOSDAQ (IPO), and other direct financial advisory to the development of technology and overseas markets. In addition to KODIT’s in-house professional consultants, engineering consulting centers at universities and the Korea Trade-Investment Promotion Agency (KOTRA) are other resources that support corporate growth. KODIT covers 60%-90% of consulting fees.
KODIT operates its own big data accumulated through credit inquiries that allows various types of data consulting. They include credit management consulting to help devise a corporate improvement strategy through client credit analyses and comparative studies of competitors client risk management consulting through which early default warnings are issued for individual clients to improve client consulting in which the business potential of startups is assessed to provide corporate self-diagnostics.