
Systemic Responsibility
Meaning ● SMB Systemic Responsibility means acting ethically and sustainably across business ecosystems for long-term, shared value creation.
Meaning ● Systemic Responsibility, within the purview of Small and Medium-sized Businesses navigating growth, automation, and implementation, embodies the principle that an SMB’s actions, no matter how localized, exert an influence within a larger interconnected business ecosystem. Considering impacts to business partners, employees, local community, and environmental footprints are examples of this practice.
Scope ● Regarding SMB growth, automation investments and process implementations should weigh not only the short-term financial return but also consider potential cascading effects on related operational areas and broader markets. For instance, implementing new CRM (Customer Relationship Management) software involves considerations for staff training, impact on client relationships and data security compliance protocols. Ultimately, understanding the scope includes active identification of potential risks and opportunities related to automation choices across the entire SMB value chain, mitigating challenges, and maximizing beneficial business outcomes in alignment with industry norms.