The effectiveness of IT strategic plans in Small and Medium Enterprises (SMEs)

Article ID

9UW57

The effectiveness of IT strategic plans in Small and Medium Enterprises (SMEs)

Dr. Hamza Adamu Fanda
Dr. Hamza Adamu Fanda University of Malaya
Md Saiful Islam
Md Saiful Islam
DOI

Abstract

Strategic planning has been identified as one of the key and important concept that reshapes and strengthens modern businesses toward achieving their targeted goal. It has been proven in theoretical and empirical researches that it helps in attaining business goals in most of large corporations that implemented the concept. Though it is working for large corporations, the same conclusion cannot be said for Small and Medium Enterprises (SMEs) due to so many factors that differentiated the two categories. In this paper we investigated the effectiveness of the strategic plan on the SMEs and based on the data collected from our survey, it shows that the concept is also working in the SMEs but our finding cannot be generalized due to the small number of firms we investigated.

The effectiveness of IT strategic plans in Small and Medium Enterprises (SMEs)

Strategic planning has been identified as one of the key and important concept that reshapes and strengthens modern businesses toward achieving their targeted goal. It has been proven in theoretical and empirical researches that it helps in attaining business goals in most of large corporations that implemented the concept. Though it is working for large corporations, the same conclusion cannot be said for Small and Medium Enterprises (SMEs) due to so many factors that differentiated the two categories. In this paper we investigated the effectiveness of the strategic plan on the SMEs and based on the data collected from our survey, it shows that the concept is also working in the SMEs but our finding cannot be generalized due to the small number of firms we investigated.

Dr. Hamza Adamu Fanda
Dr. Hamza Adamu Fanda University of Malaya
Md Saiful Islam
Md Saiful Islam

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Dr. Hamza Adamu Fanda. 1970. “. Unknown Journal GJCST Volume 11 (GJCST Volume 11 Issue 11): .

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GJCST Volume 11 Issue 11
Pg. 13- 16
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The effectiveness of IT strategic plans in Small and Medium Enterprises (SMEs)

Dr. Hamza Adamu Fanda
Dr. Hamza Adamu Fanda University of Malaya
Md Saiful Islam
Md Saiful Islam

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