PR388: SILvER Key Framework: Unleashing Green SME Potential And Survivability Through Strategic Entrepreneurship

WAN NOR HAZIMAH WAN AZIB UITM CAWANGAN KELANTAN

VIC26 | Professional

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Green Small and Medium Enterprises (SMEs) are the backbone of a sustainable economy, yet they face high failure rates due to the challenge of balancing environmental goals with business profitability. This innovation introduces the SILvER Key, a simplified diagnostic and strategic framework adapted from the Strategic Entrepreneurship (SE) Theory. The model encompasses six critical dimensions: Strategic Entrepreneurial Skills, Innovation & Eco-Creativity, Leadership & Culture, visionary Mindsets, Eco-Efficiency, and Resource Orchestration. The primary goal is to provide a practical "key" for SME owners to unlock growth without compromising environmental impact. The application of this model is expected to enhance the resilience and competitiveness of Green SMEs in a global market increasingly driven by ESG (Environmental, Social, and Governance) mandates.