The News Glory
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral
No Result
View All Result
The News Glory
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral
No Result
View All Result
The News Glory
No Result
View All Result

Home Business

SMEs: rethinking management practices in a context of tensions

The News GlorybyThe News Glory
06/05/2023
SMEs: rethinking management practices in a context of tensions

This text is part of the special booklet 90th Acfas Congress

Between pandemic, labor shortage and upheaval caused by climate change, entrepreneurs and SME managers must learn to navigate troubled waters. At the next Acfas congress, the symposium Entrepreneurship and SME management in a tense world, proposed by the Institute for Research on SMEs (INRPME), will reflect on the development and implementation of practices and business models, but also on their limits, to face current challenges.

We must first “recognize the situation”, believes François Labelle, member of the INRPME, speaker and co-responsible for the symposium. “SMEs no longer live in a vacuum,” explains this professor at the School of Management at the University of Quebec at Trois-Rivières (UQTR).

SMEs are now one link in a chain from suppliers to customers, including the institutions and organizations that support them, he says. They must “come together with the economic, environmental, social and, very often, [à celle] of groups or actors who do not necessarily understand each other”.

These pressures are encouraging managers and entrepreneurs to rethink their practices, particularly in terms of governance, strategic orientation and performance.

Combine the pressures

Certain tensions that are felt in the management of an SME are not new. But climate change, which weighs heavily in the current context, is forcing them to get out of “a traditional logic of action that aims to maximize economic wealth,” argues Mr. Labelle. They must tend towards “a reconciliation of objectives” more aligned with the protection of the environment.

Many financial or logistical aids for SMEs are now conditional on the improvement of environmental practices. This “forces [les gestionnaires] to open up to logics of action for which they were not necessarily ready”, he says.

“There are SMEs that have succeeded in combining these [exigences], and even to make it a strategic advantage”, observes the professor, in particular by creating a “space of governance”. In this space, all actors share the same values ​​and practices focused on reducing damage to the environment.

The limits of reconciliation

In other cases, it is necessary to “reconcile the logic of action” economic and environmental, says François Labelle. He emphasizes, however, that “everything is not reconcilable”.

The popular idea that the environment and economic growth can create some kind of “perfect marriage” may not always be true, he said. “There are limits to growth, which is necessarily going to be accompanied by an increase in environmental impact. »

An imperfect marriage, therefore, but whose union can be facilitated by the support of institutions, suggests François Labelle. At the same time, he admits that “there are not yet many calls for degrowth coming from institutions”.

Rethink performance

On the side of entrepreneurs, projects sensitive to the environment have the wind in their sails. One of the first sources of motivation at the base of an entrepreneurial project is to “change the world”, to have a positive effect on society and the environment, highlights the professor of UQTR and director of INRPME , Etienne St-Jean.

Carrying out a business project with an environmental dimension makes it possible to “stand out”, according to him. But it also creates “a kind of virtuous circle”. “When a company innovates by offering something more environmentally friendly, competitors, in order not to lose ground, will end up wanting to offer the same kind of product or service, which means that this pushes companies to innovate even more. »

But for managers of SMEs as for entrepreneurs, it is time “to admit that we are facing challenges that are beyond us”, and to rethink performance by decoupling it from growth at all costs.

The symposium has also been designed in such a way as to be able to draw inspiration from the model of other actors, such as managers in the artistic field, who “do not always have to justify themselves in economic terms”.

This special content was produced by the Special Publications team of the Duty, relating to marketing. The drafting of Duty did not take part.

.

Share on FacebookShare on Twitter
The News Glory

The News Glory

The News Glory is one of the best news providers in India, we bring you stories on world news, India News, Business, Politics, Technology, Gadgets, Finance and Entertainment. Follow us for special features.

Related Posts

PC demand will be slack until 2024
Business

PC demand will be slack until 2024

03/06/2023
US labor market remains strong in May, wage growth slows
Business

US labor market remains strong in May, wage growth slows

02/06/2023
A baby angel has arrived in the Ambani family;  Accepted by Mukesh Ambani and Nita Ambani
Business

A baby angel has arrived in the Ambani family; Accepted by Mukesh Ambani and Nita Ambani

02/06/2023

Popular

USA: Ban the Bible in several schools for its sexual content

USA: Ban the Bible in several schools for its sexual content

03/06/2023
Petro strikes down his chief of staff and the ambassador in Venezuela after the scandal

Petro strikes down his chief of staff and the ambassador in Venezuela after the scandal

03/06/2023
US labor market remains strong in May, wage growth slows

US labor market remains strong in May, wage growth slows

02/06/2023

Editors Pick

At least 120 dead and 800 injured in a train crash in eastern India

At least 120 dead and 800 injured in a train crash in eastern India

02/06/2023
Siddharth Anand: Rs.  Pathan director who gave up the offer of 65 crores.. Do you know why?

Siddharth Anand: Rs. Pathan director who gave up the offer of 65 crores.. Do you know why?

02/06/2023
Meta is ahead of Apple: this is how its new virtual reality headsets are for almost 600 euros

Meta is ahead of Apple: this is how its new virtual reality headsets are for almost 600 euros

02/06/2023

About

The News Glory

The News Glory: Get up-to-date Latest Breaking News from Politics, Business, Technology, Entertainment, Sports & Much More Around India and World.

Categories

  • Automobile
  • Business
  • Education
  • Entertainment
  • Featured
  • Gadgets
  • Gaming
  • Health
  • India
  • Lifestyle
  • News
  • Politics
  • Sports
  • Tech
  • Viral
  • World

Recent Posts

  • At least 120 dead and more than 850 injured in India in a train disaster
  • PC demand will be slack until 2024
  • Alcaraz dominates Shapovalov at the French Open
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Terms and Conditions

Copyright © 2023 The News Glory - All Rights Reserved

No Result
View All Result
  • World
  • India
  • Politics
  • Sports
  • Business
  • Entertainment
  • Tech
  • Lifestyle
  • Viral

Copyright © 2023 The News Glory - All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
x
x