IMPLEMENTING INNOVATION STRATEGIC AGAINST SUSTAINABILITY BUSINESS ON THE MICRO, SMALL AND MEDIUM ENTERPRISES

  • Yanto RAMLI Universitas Mercu Buana
  • Dudi PERMANA Universitas Mercu Buana
  • Aldina SHIRATINA Universitas Mercu Buana
  • Mochamad SOELTON Universitas Mercu Buana
  • Yusliza Mohd YUSOFF Universitas Mercu Buana
Keywords: Innovation Strategic, Sustainability Business, MSME

Abstract

Innovation strategy on the sustainability business is the integration of economic, environmental and social aims into a firm’s goals, activities and planning, with the aim of creating long-term value for the firm, its stakeholders and the wider community society. This means that the innovation strategy is being formulated and implemented so that the needs of the firm and its stakeholders are met today, while protecting, sustaining and enhancing the natural resources that will be needed in the future. The creation of a sustainable, just and equitable economy will require the fundamental shifts in the way of businesses operation. Businesses, in particular, will bear the same responsibility for many of the social and environmental problems which is currently afflicting the society, such as exploitative working conditions, or the destruction of habitats. The core aim of conventional business strategy is the production of economic value generally profits for the short to medium term. These innovation strategies aim to create value for a narrow set of stakeholders primarily, owners and shareholders. Indonesia as one of the developing countries which is still implementing the protection for the micro, small and medium industrial. Micro, Small and Medium Enterprise (MSME) become the backbone of the economy. Government has tried hard to improve and maintain the MSME as the local industrial. The local government has categories MSMEs into some sector such as home industry, trade, agriculture, food, fishing, handicraft. The objective of this community services to bring to the understand of the Palm Oil Mill Effluents (POME) which may disturb the area of the mill location and turn the POME into green resources.

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References

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Published
2023-11-27
How to Cite
RAMLI, Y., PERMANA, D., SHIRATINA, A., SOELTON, M., & YUSOFF, Y. (2023). IMPLEMENTING INNOVATION STRATEGIC AGAINST SUSTAINABILITY BUSINESS ON THE MICRO, SMALL AND MEDIUM ENTERPRISES. ICCD, 5(1), 60-65. https://doi.org/10.33068/iccd.v5i1.658
Section
Articles