An IT strategy development framework for small and medium enterprises

Design Science ◽

Science Research ◽

Strategy Development ◽

It Strategy ◽

Development Framework ◽

Strategy Process ◽

Value Contribution ◽

Sales Industry ◽

© 2017, Springer-Verlag Berlin Heidelberg. We design and evaluate an IT strategy development framework for small and medium enterprises (SMEs). The framework’s objective is to provide a theoretically grounded, empirically validated, uncomplicated, and accessible framework to develop an IT strategy for an SME. The framework is a social artifact whose purpose is to guide the design of two other artifacts: an IT strategy process and an IT strategy plan. We rely on design science research, combined with action research, to design, apply, evaluate, and refine the framework in a specific SME in the sales industry. People responsible for managing the IT in an SME can use the framework to design or refine their IT strategy, in order to make better-informed IT strategy decisions, to improve the utilization of their SME’s usually scarce IT resources, and ultimately increase their IT’s business value contribution. We also gain an enhanced understanding of IT strategies’ role in SMEs and provide methodological implications for social artifact design.

An IT strategy development framework for small and medium enterprises

Information Systems and e-Business Management ◽

10.1007/s10257-017-0342-2 ◽

2017 ◽

Vol 16 (1) ◽

pp. 93-124 ◽

Cited By ~ 5

Author(s):

Andreas Drechsler ◽

Stefan Weißschädel

Keyword(s):

Strategy Development ◽

It Strategy ◽

Development Framework ◽

Design Science Research Roadmap Model for Information Systems Projects

International Journal of Information Technology Project Management ◽

10.4018/ijitpm.2018070101 ◽

2018 ◽

Vol 9 (3) ◽

pp. 1-19

Author(s):

Nadhmi Gazem ◽

Azizah Abdul Rahman ◽

Faisal Saeed ◽

Noorminshah A. Iahad

Keyword(s):

Information Systems ◽

Design Science ◽

Science Research ◽

Design Science Research ◽

Is Research ◽

Research Activities ◽

Medium Enterprises ◽

Almost All

This article contends that design science research (DSR) has emerged as an important approach in information systems (IS) research. The design science research roadmap (DSRR) model describes the process of using the DSR in IS in great detail. Unfortunately, the existing literature does not address the task of demonstrating the use of the DSRR in detail by conducting a real case study. This article aims to examine the implementation of the DSRR with real IS research activities. The construction of a systematic innovation framework to solve problems for small and medium enterprises (SMEs) is used as a case study for demonstration purposes. This article shows that the DSRR provides very useful guidance, since it covers almost all the necessary steps to conduct DSR in the information systems field. The illustrations provided with each step of the DSRR in this article will help other researchers, especially novice researchers, to gain a comprehensive understanding of the use of the DSRR model.

Towards a Framework to Improve IT Security and IT Risk Management in Small and Medium Enterprises

International Journal of Systems and Society ◽

10.4018/ijss.2017070104 ◽

2017 ◽

Vol 4 (2) ◽

pp. 44-56 ◽

Cited By ~ 1

Author(s):

Stephan Mühe ◽

Andreas Drechsler

Keyword(s):

Risk Management ◽

Design Science ◽

Science Research ◽

Essential Elements ◽

It Risk Management ◽

Current State ◽

The Social ◽

Medium Enterprises ◽

It Risk

In this article, an IT risk management (ITRM) framework for small and medium enterprises (SMEs) is designed and evaluated. The framework's objective is to provide an uncomplicated and accessible ITRM approach primarily aimed at SMEs without a dedicated ITRM. The framework combines essential elements from three leading (IT) risk management frameworks: COBIT 5 for Risk, ISO/IEC 27005:2011 and M_o_R. The framework was developed by employing a design science research methodology for social artefacts and evaluated in two healthcare SMEs. The ITRM framework itself was assessed as comprehensible and potentially useful. Simultaneously, over-arching IT governance issues prevented the immediate framework implementation in the two cases. IT management researchers can draw on this article's findings to better understand the role of the social context in SMEs to achieve an effective practical impact. Practitioners in SMEs can draw on the current state of the framework for an initial ITRM implementation or to increase their current ITRM approaches' maturity.

Towards a Framework to Improve IT Security and IT Risk Management in Small and Medium Enterprises

Start-Ups and SMEs ◽

10.4018/978-1-7998-1760-4.ch018 ◽

2020 ◽

pp. 341-355

Author(s):

Stephan Mühe ◽

Andreas Drechsler

Keyword(s):

Risk Management ◽

Design Science ◽

Science Research ◽

Essential Elements ◽

It Risk Management ◽

The Social ◽

Medium Enterprises ◽

It Risk

In this article, an IT risk management (ITRM) framework for small and medium enterprises (SMEs) is designed and evaluated. The framework's objective is to provide an uncomplicated and accessible ITRM approach primarily aimed at SMEs without a dedicated ITRM. The framework combines essential elements from three leading (IT) risk management frameworks: COBIT 5 for Risk, ISO/IEC 27005:2011 and M_o_R. The framework was developed by employing a design science research methodology for social artefacts and evaluated in two healthcare SMEs. The ITRM framework itself was assessed as comprehensible and potentially useful. Simultaneously, over-arching IT governance issues prevented the immediate framework implementation in the two cases. IT management researchers can draw on this article's findings to better understand the role of the social context in SMEs to achieve an effective practical impact. Practitioners in SMEs can draw on the current state of the framework for an initial ITRM implementation or to increase their current ITRM approaches' maturity.

Carving out New Business Models in a Small Company through Contextual Ambidexterity: The Case of a Sustainable Company

Sustainability ◽

10.3390/su12062337 ◽

2020 ◽

Vol 12 (6) ◽

pp. 2337 ◽

Cited By ~ 2

Author(s):

Vinicius Minatogawa ◽

Matheus Franco ◽

Orlando Durán ◽

Ruy Quadros ◽

Maria Holgado ◽

...

Keyword(s):

Business Model ◽

Business Models ◽

Design Science ◽

Science Research ◽

Business Model Innovation ◽

Organizational Ambidexterity ◽

New Business ◽

Business model innovation (BMI) and organizational ambidexterity have been pointed out as mechanisms for companies achieving sustainability. However, especially considering small and medium enterprises (SMEs), there is a lack of studies demonstrating how to combine these mechanisms. Tackling such a gap, this study seeks to understand how SMEs can ambidextrously manage BMI. Our aim is to provide a practical artifact, accessible to SMEs, to operationalize BMI through organizational ambidexterity. To this end, we conducted our study under the design science research to, first, build an artifact for operationalizing contextual ambidexterity for business model innovation. Then, we used an in-depth case study with a vegan fashion small e-commerce to evaluate the practical outcomes of the artifact. Our findings show that the company improves its business model while, at the same time, designs a new business model and monetizes it. Thus, our approach was able to take the first steps in the direction of operationalizing contextual ambidexterity for business model innovation in small and medium enterprises, democratizing the concept. We contribute to theory by connecting different literature strands and to practice by creating an artifact to assist management.

STRATEGI PENGEMBANGAN USAHA MIKRO, KECIL DAN MENENGAH (UMKM) EKONOMI KREATIF KERAJINAN KULIT DI KABUPATEN MAGETAN (Studi Pada Dinas Perindustrian dan Perdagangan Kabupaten Magetan)

JPAP Jurnal Penelitian Administrasi Publik ◽

10.30996/jpap.v4i1.1281 ◽

2018 ◽

Vol 4 (1) ◽

Author(s):

Langgeng R. Putra ◽

Lely Indah Mindarti ◽

Firda Hidayati

Keyword(s):

Human Resource Development ◽

Development Strategy ◽

Strategy Development ◽

Creative Economy ◽

Positive Direction ◽

Score Card ◽

The Government ◽

The Right ◽

Micro, Small And Medium Enterprise Development Strategy of Creative Economy Leather In Magetan (Study At Magetan Industry And Trade Office). In the development of Micro, Small and Medium Enterprises leather crafts needed a good strategy to foster a more positive direction. The government, ie related agencies and related stakeholders are expected to provide solutions in every problem that exists. The purpose of this study is to describe, analyze and provide the right strategy formula to develop Micro, Small and Medium Enterprises leather crafts. The method chosen in this research is SWOT with score card. Field findings indicate that there are problems related to the development of production, human resource development and marketing. Keywords: Strategy, Development, UMKM, Leather Craft

Strategy Development of Regional Credit Guarantee Company

International Journal of Research and Review ◽

10.52403/ijrr.20210439 ◽

2021 ◽

Vol 8 (4) ◽

pp. 326-335

Author(s):

Jodi Septiadi Akbar ◽

Arif Imam Suroso ◽

Rokhani Hasbullah

Keyword(s):

Product Development ◽

Business Strategy ◽

Strategy Development ◽

Credit Guarantee ◽

Swot Matrix ◽

Factor Evaluation ◽

The Government ◽

Medium Enterprises ◽

Evaluation Matrix

Micro, small and medium enterprises (MSME) have difficulty obtaining access to bank financing. One of these difficulties is due to the limited collateral as a credit requirement. The government overcomes the problem by forming a credit guarantee company to replace the collateral requirements. One company that runs a credit guarantee business is PT. Jamkrida Riau (Jamkrida Riau). This research aims to: 1) identifying environmental factors that affect the management of internal and external in Jamkrida Riau; 2) analyze alternatives in developing Jamkrida Riau business strategy; 3) priority strategy formulated exact in business development Jamkrida Riau in the future. This study using analysis tools an internal factor evaluation matrix (IFE), external factor evaluation matrix (EFE), Internal-External matrix (IE), SWOT matrix and QSPM matrix. The results showed that an alternative strategy lead in developing its business in sequence was 1) internal risk control in the process of credit guarantee; 2) capacity building capital participation of regional governments or other investors; 3) improve cooperation with other institutions related to credit guarantee; 4) an increase in information technology adaptation; 5) giving assistance to MSME; 6) product development of ensuring that corresponds to focus effort; 7) marketing product development. Keywords: bank, credit guarantee, micro and small enterprises (MSMEs), MSMEs credit, strategy.

Formulasi Strategi Pengembangan Kawasan UKM Berbasis Komoditas Unggulan di Kabupaten Indragiri Hilir Riau

Telaah Bisnis ◽

10.35917/tb.v18i1.94 ◽

2018 ◽

Vol 18 (1) ◽

Author(s):

. Novrizal

Keyword(s):

Development Strategy ◽

Current Situation ◽

Strategy Development ◽

Banana Fruit ◽

Government Fund ◽

Absract The purpose of this research is helping district Indragiri Hilir Riau Province to arrange appropriate development strategy for Micro, Small and Medium Enterprises (MSMEs) of banana chips. The district has superior commodity area of banana fruit, but it has not yet well managed. The information used in this research has been collected from interviews and observation. This research used SWOT-24K analysis to create development strategy of MSMEs of banana chips. The analysis has a function to highlight business position that can be used to create and formulate development strategy. Result of this research showed that appropriate strategy development for the current situation is the turnaround strategy by using government fund and conducting national banana chips event/program.

THE STRATEGY DEVELOPMENT OF SMALL AND MEDUIM ENTERPRISES (SMEs) OF ACCOMMODATION AND FOOD SERVICE IN PHUKET

Jurnal Manajemen dan Kewirausahaan ◽

10.9744/jmk.20.2.122-128 ◽

2018 ◽

Vol 20 (2) ◽

Author(s):

Anusara Sawangchai ◽

Hiran Prasarnkarn ◽

Noppadol Chanrawang ◽

Wanida Hancharoen ◽

Pipop Somwaythee

Keyword(s):

Quantitative Research ◽

Swot Analysis ◽

Service Industry ◽

Food Service ◽

Strategy Development ◽

Second Phase ◽

Food Services ◽

The Right ◽

This research aims to study the problematic conditions of small and medium enterprises, of hotels and food services, to provide a strategy for the development of small and medium enterprises, by providing hospitality and food services in Phuket by using integrated quantitative research which is divided into two phases. The first phase is a study of current problems of small and medium enterprises, accommodation and food services. The second phase is a strategy for the development of small and medium enterprises, accommodation and food services in Phuket by using qualitative research. Pieces of data were collected by the expert in-depth interview. Representatives from all sectors, local and national academics were to summarize information about strengths, weaknesses, opportunities and barriers to SWOT Analysis to find the right strategy and stage the forum. The participant were involved to present a draft strategy for the development of small and medium enterprises in Phuket accommodation and food service industry. The analysis of the data in the first phase of the questionnaire was using the statistical programme to distribute the frequency as a percentage value, average standard deviation and analysis of data in phase 2 by content analysis