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Unlocking SME Success: Successful Strategy in Gathering, Organizing, and Sharing Ideas in an Organization

Author

Listed:
  • Allyza A. Camposano

    (Bachelor of Science in Office Administration, Polytechnic University of the Philippines)

  • Tricia Mae Dalogdogan

    (Bachelor of Science in Office Administration, Polytechnic University of the Philippines)

  • Marvin S. Euste

    (Bachelor of Science in Office Administration, Polytechnic University of the Philippines)

  • Gwen Paula A. Venoza

    (Bachelor of Science in Office Administration, Polytechnic University of the Philippines)

Abstract

This paper has highlighted effective strategies that SMEs in the Philippines can employ toward enhancing their success in terms of better management of gathering, organizing, and sharing ideas within an organization. The study aims to identify key areas for improvement regarding the digital strategies among SMEs in the Philippines that would enable them to address challenges they encounter in their digital transformation, highlight the real-life experiences of SMEs which can provide valuable lessons for others, and determine strategies and practices that work most efficiently related to the knowledge management suitable for their needs. Through a qualitative analysis of relevant data, the researcher highlights the key findings and recommendations which include: enhance the current digital competence of SMEs, optimize the use of government support measures especially to those SMEs’ who have not yet registered and unaware of the government support programs, as well as the necessity of providing better management of ideas more efficiently. Thus, the enhancement of competitiveness and sustainability can be achieved by SMEs in the progressive Philippine market through the effective execution of these recommended strategies, which requires the initiatives not only from SMEs but also from the government.

Suggested Citation

  • Allyza A. Camposano & Tricia Mae Dalogdogan & Marvin S. Euste & Gwen Paula A. Venoza, 2024. "Unlocking SME Success: Successful Strategy in Gathering, Organizing, and Sharing Ideas in an Organization," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(8), pages 1748-1767, August.
    • Handle: RePEc:bcp:journl:v:8:y:2024:i:8:p:1748-1767
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    References listed on IDEAS

    as
    1. Kimiz Dalkir, 2011. "Knowledge Management in Theory and Practice," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262015080, December.
    2. Indra Abeysekera, 2021. "Intellectual Capital and Knowledge Management Research towards Value Creation. From the Past to the Future," JRFM, MDPI, vol. 14(6), pages 1-18, May.
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