Meaning ● Decolonizing Business, within the SMB (Small and Medium-sized Businesses) context, signifies a strategic shift away from traditionally Western-centric business models and towards more inclusive, equitable, and locally-relevant approaches. This involves critically examining established SMB practices in growth, automation, and implementation to identify and rectify biases that may disadvantage marginalized communities or stakeholders. This proactive realignment enables SMBs to foster greater innovation, expand market reach, and build stronger, more sustainable relationships within their operating environment, particularly within automated processes that could perpetuate existing inequalities if left unchecked. A critical aspect lies in automating fairness into systems, ensuring AI and other advanced technologies are leveraged to uplift, not further marginalize, various societal segments, directly affecting SMB’s operational integrity. Ultimately, the goal is to develop business operations that reflect the diversity and values of the communities they serve, supporting genuine and long-lasting business growth. Implementation focuses on creating measurable objectives that reflect this re-orientation.
