Meaning ● Within the context of Small and Medium-sized Businesses (SMBs), the Core-Periphery Model describes a structural relationship where a central ‘core’ concentrates high-value activities like innovation, strategic management, and advanced automation, while the ‘periphery’ handles more routine or outsourced functions. ● This model impacts SMB growth by dictating how resources and competencies are distributed internally and externally, influencing scalability and competitive positioning. ● Successful implementation requires SMBs to strategically allocate resources to core competencies driving automation initiatives and sustained growth, and leveraging the periphery for cost-effective support.
