PAPUA: International Journal of Sharia Business Management
Vol. 1 No. 1 (2024): (JUNI) PAPUA: INTERNATIONAL JOURNAL OF SHARIA BUSINESS MANAGEMENT

BUSINESS MANAGEMENT STRATEGIES FOR SMES IN THE DIGITALIZATION ERA

Anila Dani Sakinah (Universitas Negeri Surabaya)



Article Info

Publish Date
01 Aug 2024

Abstract

The digitalization era presents both opportunities and challenges for SMEs. To thrive in this new landscape, SMEs must adopt strategic management approaches that leverage digital technologies to enhance customer engagement, optimize internal processes, and ensure cybersecurity. This study employs a qualitative research method to explore the business management strategies of Small and Medium Enterprises (SMEs) in facing the digitalization era. The adoption of digital technologies is crucial for modern business success and sustainability. For SMEs, it levels the playing field with larger corporations by enhancing efficiency, customer experience, and market reach. Automation tools, like accounting software and inventory management systems, save time and resources. CRM systems personalize services and strengthen customer relationships. E-commerce platforms allow global sales and provide consumer insights. Data analytics supports informed decision- making, optimizing pricing, and inventory management. Digital marketing expands reach and engagement, while robust cybersecurity measures protect sensitive data. Continuous digital skills training and collaboration with technology partners ensure SMEs remain competitive.

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Journal Info

Abbrev

papua

Publisher

Subject

Description

The journal is published twice a year in June and December. Contains scientific articles in the form of research, analysis study, theoretical study, and review of studies in the field of Islamic business, accounting, and management. Publishing this journal aims to increase the quantity and quality ...