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Journal : Golden Ratio of Community Services and Dedication

A Qualitative Exploration of Community Integration in SME Management Strategies Rumasukun, Mohammad Ridwan; Noch, Muhammad Yamin; Putra, Aditya Halim Perdana Kusuma
Golden Ratio of Community Services and Dedication Vol. 4 No. 2 (2024): May - October
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grcsd.v4i2.582

Abstract

This qualitative study aims to explore community integration within Small and Medium Enterprises (SMEs) and its implications for organizational success and societal well-being. The research methodology involved a systematic literature review, employing thematic analysis and constant comparison to synthesize existing literature on the topic. Key themes emerged regarding strategies employed by SMEs to foster community integration, including Corporate Social Responsibility (CSR) initiatives, stakeholder engagement, and collaboration with local institutions. The findings underscore the pivotal role of CSR practices in building trust and fostering long-term relationships with stakeholders. Additionally, stakeholder engagement strategies were identified as essential for involving community members in decision-making processes and co-creating solutions that address local needs. Collaboration with local institutions emerged as critical for promoting knowledge transfer, capacity building, and socio-economic development within communities. The study highlights the importance of community integration as a strategic imperative for SMEs, emphasizing the need for further research to explore the mechanisms and outcomes of community integration in different contexts.
Harnessing Community Potential: Financial Inclusion Strategies for SME Empowerment Putra, Aditya Halim Perdana Kusuma
Golden Ratio of Community Services and Dedication Vol. 4 No. 1 (2024): November - April
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grcsd.v4i1.596

Abstract

This research investigates community-driven financial inclusion strategies for small and medium-sized enterprises (SMEs) with a focus on understanding the dynamics, challenges, and opportunities associated with such initiatives. The qualitative research methodology is adopted, employing a systematic literature review approach. Various databases including Google Scholar, JSTOR, PubMed, and Scopus were utilized to access peer-reviewed literature spanning diverse disciplines. Inclusion criteria were predefined to ensure the relevance, scope, and quality of the selected studies. Data collection involved systematically gathering relevant information from literature sources, followed by qualitative data analysis techniques such as coding, categorizing, and thematically organizing the data. The synthesized findings underscore the importance of community-based approaches in promoting SME access to finance, building entrepreneurial capacity, and fostering inclusive growth. However, challenges such as the lack of comprehensive frameworks and consensus on effective scaling-up approaches persist. The study emphasizes the need for further research to elucidate the mechanisms through which community potential can be harnessed to empower SMEs and foster inclusive growth. Moreover, it highlights the transformative role of technology in enhancing SME financial inclusion, while also emphasizing the importance of regulatory frameworks and policy reforms in shaping the landscape of SME finance ecosystems. This research contributes to a deeper understanding of community-driven financial inclusion for SMEs and provides valuable insights for policymakers, practitioners, and researchers.
Building Resilient Communities through SME Development: A Qualitative Examination of Management Practices Putra, Aditya Halim Perdana Kusuma; Ardyan, Elia; Laisila, Maya
Golden Ratio of Community Services and Dedication Vol. 5 No. 1 (2025): November - April
Publisher : Manunggal Halim Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.52970/grcsd.v5i1.584

Abstract

This qualitative study investigates the nexus between Small and Medium-sized Enterprises (SMEs) management practices and community resilience. The research aims to explore how effective leadership, strategic management, innovation, sustainable practices, and community engagement contribute to SME resilience and its implications for community well-being. Employing thematic analysis, the study systematically reviews literature on SME management practices and community resilience. Findings reveal that visionary leadership, adaptive management styles, strategic foresight, and risk assessment are pivotal for SME resilience. Innovation, digital transformation, research and development (R&D) investment, and adaptive capacity enhance SMEs' ability to navigate uncertainties and capitalize on opportunities. Moreover, integrating sustainability principles into SME operations mitigates risks, improves financial performance, and fosters community development. Collaboration, knowledge sharing, and community engagement initiatives strengthen SME resilience and contribute to socio-economic development. The study underscores the importance of integrating theoretical insights with practical implications to advance understanding of SME resilience and its role in building resilient communities.