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

Allyza A. Camposano, Tricia Mae Dalogdogan, Marvin S. Euste and Gwen Paula A. Venoza
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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

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 8, 1748-1767

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.

Date: 2024
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