Implementation of CSR and Family Governance in Increasing Competitiveness Through Agile Innovation in SMEs: A Conceptual Model
Suhendi C., Winarsih, Kiryanto
Abstract
SMEs in Indonesia play a crucial role in the national economy; thereby, the government has established a Long-Term Development Plan (2005–2025). One of its strategic programs is to strengthen the position of SMEs so that they have a competitive value. The problem faced by SMEs is economic factors. It has a weak corporate governance mechanism, which families mostly manage. Accordingly, the monitoring mechanism and good family governance will enable SMEs to carry out financial accountability by preparing comprehensive financial reports as a form of modern business management. In addition, SMEs’ awareness of digital transformation can improve workforce competence, provide technical and financial support to SMEs, and strengthen data communication infrastructure. Thus the digital transformation approach with agile innovation for SMEs can quickly adapt to existing and sustainable changes, mainly for increasing competitiveness.
No Title
Digital Transformation Process and SMEs
Ulas D.
No Title
A causal model of ethical business practices and firm competitiveness of small and medium enterprises in Thailand
Piriyatanarak S., Siriphattrasophon S.
Enterprise transformation: Why are we interested, what is it, and what are the challenges?
Mills J., Nightingale D., Parry G., Purchase V., Valerdi R.
No Title
Enterprise Architectures for the Digital Transformation in Small and Medium-sized Enterprises
Bauernhansl T., Bauernhansl T., Goerzig D.
No Title
Corporate governance norm for SME
Dube D., Dube I., Mishra P.
Digital business strategy: Toward a next generation of insights
Bharadwaj A., El Sawy O.A., Pavlou P.A., Venkatraman N.
