Modelling Sustainable Performance Of Sme Through Green Management Implementation In The New Economic Transition
PROCEEDINGS OF MECHANICAL ENGINEERING RESEARCH DAY 2017 (MERD)(2017)
Abstract
Green management has been synonym with large companies but maybe not for small medium enterprises (SME). Because SME existence must be relevance with the future growth of the green economic, it challenged them to transform into green companies to achieve green products compliance. Hence, the paper attempted to discuss the major influences on the SME to realize a sustainable performance. In order to diverge from conventional products, it was crucial to identify the new attributes for their existing business conduct. Organizational resources should be fully-utilized to focus on manufacturing processes that abide by the green principles. The built-in of sustainability concept around the business ecosystem has also become important and inevitable. Ultimately, the research outcome demonstrated that significant improvement of SME activities were necessary to preserve the Mother Nature and our future generations' survival. As a result, the new economic transition reflected the SME readiness to adopt new strategies that accomplish competitiveness. Overcoming the current economic setback must be inline with the performance of a sustainable business.
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Key words
Sustainable, resources, strategy
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