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Factors Driving SME Resilience and Growth

The document outlines the factors influencing small and medium enterprises (SMEs) including external environment factors, internal organizational factors, and social and knowledge resources. It highlights the processes of capability development such as innovation ambidexterity and dynamic capabilities that lead to increased resilience, enhanced competitiveness, and business sustainability. Overall, it emphasizes the importance of adapting to market changes and leveraging technology for long-term viability.

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Loreen Roa
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33 views1 page

Factors Driving SME Resilience and Growth

The document outlines the factors influencing small and medium enterprises (SMEs) including external environment factors, internal organizational factors, and social and knowledge resources. It highlights the processes of capability development such as innovation ambidexterity and dynamic capabilities that lead to increased resilience, enhanced competitiveness, and business sustainability. Overall, it emphasizes the importance of adapting to market changes and leveraging technology for long-term viability.

Uploaded by

Loreen Roa
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

.

Input Process Output

1. External Environment Factors – 1. Capability 1. Increased SME


Market competition, globalization, Development Resilience –
technological advancements, and o Innovation Improved ability to
regulatory requirements. Ambidexterit anticipate, respond to,
2. Internal Organizational Factors y – Balancing and recover from
– Leadership, financial resources, incremental market disruptions.
innovation culture, and workforce and radical 2. Enhanced
capabilities. innovations. Competitiveness –
3. Social and Knowledge Resources o Dynamic Stronger market
– Industry networks, Capability – positioning,
collaborations, and access to Adjusting operational
market intelligence. internal efficiency, and
processes to sustainable growth.
respond to 3. Business
changing Sustainability –
environments. Long-term business
o Technological viability through
Capability – innovation,
Leveraging leadership, and
new adaptability.
technologies
for efficiency
and growth.

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