Supporting SMEs in Sustainable Strategy Development post-COVID-19: Challenges and Policy Agenda for the G20

Barbaglia, Martina, Butticè, Vincenzo, Giudici, Giancarlo , Mendy, John, Sarker, Tapan, Sharma, Gagan D, Thomas, Asha and Zutshi, Ambika (2021) Supporting SMEs in Sustainable Strategy Development post-COVID-19: Challenges and Policy Agenda for the G20. Other. G20 Insights.

Full content URL: https://www.g20-insights.org/policy_briefs/support...

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Supporting SMEs in Sustainable Strategy Development post-COVID-19: Challenges and Policy Agenda for the G20

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Abstract

SMEs contribute substantially to global employment and economic growth. Yet constraints
such as lack of capital, human resources and knowledge capability have rendered SMEs
operationally incapacitated to report on environmental, social and governance (ESG) requirements.
In this policy paper, we first highlight SMEs’ key challenges as they try to recover
from crises post-COVID-19. Next, we propose policy actions and recommendations to
address such challenges by discussing the effectiveness of best practice frameworks that
will help SMEs in sustainable strategy development. Additionally, we propose better policy
frameworks to enable SMEs to report on ESGs and contribute to specific SDGs.

Keywords:SMEs, Strategy, Grand Challenges, Policy, Sustainable development
Subjects:N Business and Administrative studies > N600 Human Resource Management
L Social studies > L251 Strategic studies
L Social studies > L400 Social Policy
Divisions:Lincoln International Business School
ID Code:46661
Deposited On:06 Oct 2021 10:21

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