DocumentCode :
591695
Title :
Information prospecting in Malaysian small medium enterprises for competitive advantage
Author :
Zulkifli, Nadiatulhuda ; Hashim, Rabia ; Ahmad, Jawad
Author_Institution :
Fac. of Administrative Sci. & Policy Studies, Univ. Teknol. MARA (UiTM), Shah Alam, Malaysia
fYear :
2012
fDate :
23-26 Sept. 2012
Firstpage :
443
Lastpage :
447
Abstract :
Information prospecting or mining has never been more crucial in organizational decision making and strategic competitive advantage Without information and communication technologies (ICTs), most companies, particularly the small and medium enterprises (SMEs) would not be able to survive the demands of the current volatile economic conditions Hence, this paper reports the findings from the assessment of ICT usage by 300 SMEs in the Klang Valley, Malaysia Specifically, the usage of enterprise resource planning system (ERP) was assessed and the outcome showed that SMEs in Malaysia are still lagging in computer usage for improved organizational decision. The implications for non-usage bode negatively for SME´s sustained survival although the government continued to offer assistance through the annual budget allocation. A strong and visionary leader would provide the basis to push the SMEs to achieve better returns of investment through strategic decision making.
Keywords :
budgeting; data mining; decision making; enterprise resource planning; production engineering computing; small-to-medium enterprises; strategic planning; sustainable development; ERP; ICT usage; Klang Valley; Malaysia; Malaysian small medium enterprises; SME; competitive advantage; enterprise resource planning system; information mining; information prospecting; organizational decision making; strategic competitive advantage; volatile economic conditions; Companies; Economics; Information systems; Psychology; Reliability; Competitive Advantage; Information and Communication Technology; Information prospecting; Malaysia; Small Medium Enterprise;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Business, Engineering and Industrial Applications (ISBEIA), 2012 IEEE Symposium on
Conference_Location :
Bandung
Print_ISBN :
978-1-4577-1632-4
Type :
conf
DOI :
10.1109/ISBEIA.2012.6422923
Filename :
6422923
Link To Document :
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