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Management Strategies for Upgrading MSMEs in Facing Economic Uncertainty in Indonesia Sabil, Sabil; Rosento, Rosento; Lahat, Mohammad Amas; Marthanti, Amas Sari; Suratriadi, Panji; Hi Lawu, Suparman
Dinasti International Journal of Economics, Finance & Accounting Vol. 6 No. 5 (2025): Dinasti International Journal of Economics, Finance & Accounting (November - De
Publisher : Dinasti Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.38035/dijefa.v6i5.5483

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in supporting Indonesia's economic stability and growth, yet this sector faces serious challenges due to increasingly complex global and domestic economic uncertainties. In this context, understanding effective management strategies is crucial for MSMEs seeking to upgrade—that is, to transform into more structured, competitive business entities. This study aims to identify and synthesize the management strategies employed by MSMEs in responding to uncertain economic dynamics. Using a systematic literature review approach, this research analyzes 25 relevant open-access scholarly articles published over the past five years, thematically organized based on Porter's generic strategy framework, business resilience theory, and the MSME growth-stage model. The findings reveal that the primary strategies adopted by MSMEs include product differentiation, business process digitalization, and cross-sector collaboration through training, business incubation, and community partnerships. These approaches significantly contribute to enhancing the adaptive capacity and competitiveness of MSMEs amid economic pressures. This article offers conceptual contributions by integrating strategic management theory with the local MSME context in Indonesia, while also providing practical recommendations for policymakers and business practitioners to strengthen systemic and sustainable MSME development models moving forward.
Co-Authors ., Rosento Abdul Khafid, Abdul Alfiana Alfiana Amas Lahat, Mohammad Amas Sari Marthanti Amin Setio Lestiningsih Anantadjaya, Samuel PD Andi Martias Aswar Aswar Ati Haryati, Raden Awalliya, Ayunita B.M.A.S. Anaconda Bangkara Daud, Ilzar Dede Suleman Devy Sofyanty Dina Amalia Dinar Riftiasari Djakasaputra, Arifin Dwiyatmoko Puji Widodo Dwiyatmoko Puji Widodo, Dwiyatmoko Elok Ainur Latif Eulin Karlina Fahmi Kamal, Fahmi Fathirahman, Muh. Firdaus, Fitiriana Ghassani, Fildzah Hakim, Reny Anggriany Hakim, Sugiyah Hasibuan, Reza Rahmadi Hendriarto, Prasetyono Herjuna, Silvester Adi Surya Hi Lawu, Suparman Hulu, Winis Trilian Indriani, Fina Ivonne Ayesha, Ivonne Jayawarsa, A.A. Ketut Lahat, Mohammad Amas Lestiningsih, Amin Setio Lilik Yuliawati Lukman Hakim Lumentah, Natalia Reyne Mutia Pamikatsih Nur Rohmah Nurhayaty, Ety Nurvi Oktiani Nurzalinar Joesah Octa Pratama Putra PA Andiena Nindya Putri Panji Suratriadi Parekke, Simon Popon Rabia Adawia Pramudita, Natasya Putri Rahmasiah, Rahmasiah Ristiawan, Ichsan Rosento Sardjana Orba Manullang SATRIYAS ILYAS seno sudarmono Hadi Slamet Heri Winarno Sofyan Marwansyah Sri Rusiyati Styaningrum, Etik Dwi Sugiyah Sugiyah, Sugiyah Suharmono, Soni Sulaiman Sulaiman Suwandi Ng Syamsul Arifin Tirta Mulyadi Usran Masahere Utami , Eva Yuniarti Widodo, Dwiyatmoko Puji Wiwin Wianti, Wiwin Wiyanti, Rahma Yenni Kurnia Gusti Yuni Sulistyowati, Yuni