Organizational Challenges in Small and Medium Enterprises on the Colombian

Dany Daniel Ortega; William Niebles Nu ntilde ez  and Hugo Hernandez Palma

doi:10.17485/ijst/2018/v11i45/137681

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Organizational Challenges in Small and Medium Enterprises on the Colombian

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Indian Journal of Science and Technology

DOI: 10.17485/ijst/2018/v11i45/137681

Year: 2018, Volume: 11, Issue: 45, Pages: 1-5

Original Article

Organizational Challenges in Small and Medium Enterprises on the Colombian

Dany Daniel Ortega^1*, William Niebles Nuñez² and Hugo Hernandez Palma¹

¹ Universidad del Atlantico; [email protected], [email protected]
² Universidad de Sucre; [email protected]

^*Author for correspondence
Dany Daniel Ortega,
Universidad del Atlantico; [email protected], [email protected]

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

Objective: Analyze what the challenges are for small entrepreneurs and formulate possible lines of action in order to promote growth in organizations. Methodology: In order to achieve the general objective, a qualitative method is proposed that relies on the revision of the literature of the last five years in both the English language and the Spanish language. Findings: SMEs should focus their efforts on training, sustainability and technologies in order to achieve higher levels of competitiveness. Application: The SMEs of the Caribbean coast have great potential to grow in the coming years, requires the commitment of all stakeholders to achieve a better situation in the region.

Keywords: Competitiveness, Globalization, Organizations, Sustainability, SMEs