The Impact of IT Strategic Planning Process on SME Performance: A Systematic Review

Businesses, Journal Year: 2025, Volume and Issue: 5(1), P. 2 - 2

Published: Jan. 7, 2025

Information technology (IT) strategic planning plays a pivotal role in enhancing the performance of small and medium-sized enterprises (SMEs), improving operational efficiency decision-making, fostering innovation. This systematic review aims to synthesize impacts IT on SME performance, focusing key indicators such as efficiency, cost reduction, customer satisfaction. A total 80 studies were rigorously analyzed. Quantitative methods used 45% studies, while 25% applied thematic analysis. The adoption cloud-based solutions (11.25%) hybrid setups (17.5%) also evaluated critical enablers flexibility cost-efficiency. SMEs aligning their strategies with business objectives demonstrated up 20% reduction costs 15% increase Resource constraints identified significant challenge 60% studies. Nevertheless, effective contributed long-term sustainability competitive advantage reviewed provides actionable insights frameworks guide optimizing investments, overcoming resource limitations, ensuring sustainable growth.

Language: Английский

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Sustainable Export Competitiveness of SMEs Through Circular Economy and Digital Economy

International Journal of Global Business and Competitiveness, Journal Year: 2024, Volume and Issue: 19(2), P. 120 - 134

Published: June 26, 2024

Language: Английский

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Systematic Review of Small and Medium-Sized Business Performance: A Prisma Guidelines Approach

Published: Jan. 1, 2025

Purpose-This research examines SME performance literature emphasizing the contributions from both public and private sectors. Concentrating on importance of implementation various measures so as to acquire needs SMEs help improve competitiveness within a growing market environment. Thus, study seeks establish these indicators' contribution in enhancing enterprises' competitiveness.Design/methodology/approach - Based literature, this adopted systematic review approach employed specific criteria for inclusion articles published between 2000 2023. Out identified articles, 77 had be considered pertinent data analysis. We used objectivity, coverage, authority while selecting analysis provide quality most relevant data.Findings- The 25 assess sectors, grouped into 10 categories: marketing performance, entrepreneurship, technology innovation environment, service innovation, organizational culture, entrepreneurial open human resources practices, orientation. This directly associates indicators with assessment uses PRISMA guidelines elaborate how contribute improving performance.Originality/value present synthesizes regarding public/private sector evaluates factors determine its performance. faces question usability different sampling techniques. findings will owners identification policy-makers formulation better policies SMEs.

Language: Английский

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The importance of ICT adoption on MSMEs performance: the mediating role of distinctive competencies

Journal of Enterprising Communities People and Places in the Global Economy, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 30, 2025

Purpose This study aims to examine and identify how the resource-based view dynamic capability theory contribute information communication technology (ICT) adoption improve micro, small medium enterprise (MSME) performance, mediated by distinctive competencies. research provides insight into MSMEs can performance strategically adopting ICT tools developing Design/methodology/approach Data were collected through online questionnaires from creative industry (fashion, culinary crafts) in Indonesia. The results analyzed using partial least squares-structural equation method technique (Fornell Cha, 1994) with Smart PLS 3.0 (Ringle et al. , 2015). Findings show that significantly impacts marketing sector. In addition, influences development of competencies among MSMEs, improving performance. Distinctive found mediate relationship between which underscores importance skills, organizational environmental skills entrepreneurial mindset driving business success. These findings highlight critical role as a key factor leveraging Research limitations/implications main limitation is this coverage area less extensive due time constraints study. Future work could cover different regions explore other mediators ICT–performance relationship. Practical implications assists targeted training relevant skills. Social highlights potential drive economic growth resilience adoption. Originality/value contributes existing literature providing empirical evidence adoption, MSME context industries offers new perspective on use develop enhance their competitive advantage achieve sustainable growth. By emphasizing mediating competencies, positively valuable insights for practitioners, policymakers researchers entrepreneurship

Language: Английский

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Unraveling the impact of financial literacy, financial technology adoption, and access to finance on small medium enterprises business performance and sustainability: a serial mediation model

Cogent Business & Management, Journal Year: 2025, Volume and Issue: 12(1)

Published: April 8, 2025

Language: Английский

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Examining Sustainable Performance Using SEM-FsQCA: The Role of TQM, Green SCM, and Competitive Advantage in Small and Medium Enterprises (SMEs)

Sustainable Futures, Journal Year: 2025, Volume and Issue: unknown, P. 100635 - 100635

Published: April 1, 2025

Language: Английский

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Innovative culture, innovative behaviour, social capital and performance of small and medium ICT enterprises in Lagos, Nigeria

Information Development, Journal Year: 2024, Volume and Issue: unknown

Published: Aug. 21, 2024

This study examined the influence of innovative culture, behavior, and social capital on performance Small Medium-sized Information Communication Technology Enterprises (SMICTEs) in Lagos, Nigeria. It also explored how culture affect behavior. Guided by Social Exchange Capital theories, utilized a descriptive sample survey research design. The was conducted at Otigba Saka Tinubu Computer Villages using 360 business owners or representatives. Data collected pretested validated questionnaire covering capital, performance, demographic characteristics. Analysis involved Confirmatory Factor Analysis, Structural Equation Modelling, with decisions made 0.05 significance level. Respondents included (67.4%), supervisors (13.6%), managers (12.6%), other staff (6.8%). Most were male (78.2%), aged 21–40 (71.4%). A majority (95.8%) could generate new ideas, 83.8% novel methods, 91.4% shared innovations internally. Trust among SMEs low (43.4%), but mutual support valued (60.4%). Innovative positively impacted (β = 0.299) predicted behavior 0.315), while 0.191). did not significantly predict performance. There should be collaboration between Nigeria's NITDA ICT to foster innovation through continuous learning, mentorship programs, networking mechanisms, technology hubs.

Language: Английский

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Entrepreneurial Leadership Impact on MSME Women’s Business Perfomance In Denpasar City

Jurnal Ekonomi, Journal Year: 2024, Volume and Issue: 29(1), P. 60 - 77

Published: March 28, 2024

This study investigates the impact of entrepreneurial leadership on performance women-owned Micro, Small, and Medium Enterprises (MSMEs) in Denpasar City. Focusing 130 female entrepreneurs, research utilizes partial least squares through SmartPLS 3. Findings reveal a positive significant correlation between business performance. Thus, higher level corresponds to enhanced These outcomes underscore explanatory power influencing variations MSMEs run by women The recommends training, emphasizing values like vision, human resource management, technology, risk-taking, contributing governmental initiatives. Moreover, it provides valuable insights for female-led City government elevate effective leadership.

Language: Английский

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Inventiveness as a Driver of Small and Medium-Sized Business Profitability in South Africa: A Quantile Regression Method

International Journal of Environmental Sustainability and Social Science, Journal Year: 2024, Volume and Issue: 5(2), P. 239 - 252

Published: March 31, 2024

In South Africa, inventiveness is a critical factor in expansion and growth, small medium-sized businesses have been designated as tools for achieving the societal economic objectives innovation outlined National Development Plan. The aim of this research to look at impact on profitability Africa. quantile regression method was utilised empirical studies explore influence enterprise across different sales stages. based data from World Bank's business questionnaire. results showed that expenses development had positive substantial with greater (fast or bigger enterprises). Existing proof demonstrates incorporating new items services boosts low progress tiny businesses. Based evidence, essential growth Smaller low-growth don't ability make expenditures R&D because shortage funds, which could contribute their chances surviving. Considering significant cash investment needed expenditures, additional support be offered smaller less powerful expansion. Because lack funding R&D, are being driven create production procedures do not require big financial commitments.

Language: Английский

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Improved urban road network and small and medium enterprises’ financial performance: Evidence from Tanzania

International Journal of Research in Business and Social Science (2147-4478), Journal Year: 2024, Volume and Issue: 13(5), P. 893 - 901

Published: Aug. 20, 2024

This study assessed the impact of improved urban road network on financial performance Small and Medium Enterprises focusing in Dodoma, Tanzania. The employed a cross sectional research design where by sample 89 SMEs from selected three wards Dodoma city was used to draw conclusion. Qualitative data collected through questionnaires were analyzed using content analysis while quantitative descriptive statistics multiple regression analysis. key findings include: i) accessible roads customers toward SME having positive influence ii) market accessibility consumers factor improving lastly, an effective time management transportation goods services related amount sales revenue generated SMEs. conclusion is drawn improve networks as among factors increasing profit. It therefore recommended that, government other stakeholders construction sector should continue start offering basic business skills which would enable owners make informed investment decisions well enhance their entrepreneurial will facilitate recognizing exploiting available opportunities.

Language: Английский

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