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Inclusive Growth SMBs

Meaning ● Inclusive Growth SMBs signifies a strategic business approach where Small and Medium-sized Businesses proactively expand operations while ensuring economic benefits and opportunities are broadly shared among all stakeholders, including employees, suppliers, customers, and the communities they operate within. ● Focusing on SMB Growth, this strategy ensures that as the business scales, its growth contributes to a more equitable distribution of resources and chances, diverging from growth models that solely prioritize shareholder value. ● In the context of Automation, Inclusive Growth SMBs leverage technology not just to increase efficiency and reduce costs but also to create new job roles, upskill existing employees, and provide opportunities for disadvantaged groups to participate in the evolving business landscape. ● Regarding Implementation, it involves adopting business policies and practices that promote diversity, equity, and inclusion, alongside investing in community development initiatives and sustainable business practices. ● This holistic approach ensures that automation and growth positively impact all levels of the organization and the surrounding community.