Our definition of SME Governance involves steering and controlling to achieve long-term value creation within companies. This encompasses the structures, processes, and rules that ensure effective management and accountability to stakeholders, including owners, management, employees, and sometimes external parties. It also includes setting objectives, defining roles and responsibilities, and ensuring transparency and integrity in decision-making processes.
Until recently, a governance model specifically for SMEs was lacking. Existing frameworks were primarily designed for larger, publicly traded organizations. As a result, many entrepreneurs are not familiar with the methodologies and tools necessary for steering and controlling long-term value creation. At ICR, we emphasize having a firm grip on achieving your entrepreneurial ambitions.
Clear ICR step-by-step plan
Within the ICR web app, you'll find the first true SME governance model presented as a clear step-by-step plan. Through this plan and comprehensive e-learning, you can systematically work on your company's dynamic business plan. This can be done in collaboration with your team and/or your advisor/coach.
For most SMEs, governance is a distant concern. Good governance practices are, in other words, not yet part of their daily operations. Rapid growth or external demands, such as from a financier, often drive the need for change. This is primarily to manage the likelihood and impact of risks.
This is peculiar, as every entrepreneur fundamentally aims for success and certainly not failure. Therefore, SME governance is relevant for every entrepreneur, as it pertains to having control over achieving business ambitions. It involves various considerations and actions. We focus extensively on this uncharted area in the entrepreneurial world. In fact, the ICR platform is the number one solution for SME governance.
Understanding individual business concepts is valuable. Connecting them and putting them into practice is what makes the difference. It all begins with clarity.
The ICR Organizational Operating System, brought to life through the ICR Growth & Success SaaS Platform, connects the Ultimate Stakeholders’ Ambition, business model, strategy, organizational design and daily execution into one coherent organizational system. It helps leaders and teams make direction, responsibilities and decision-making explicit, reduce dependence on specific individuals, and make progress, risks and opportunities for improvement visible.
Clarity. Confidence. Peace of Mind.
But why was ICR developed in the first place?
Explore practical resources, exchange insights and deepen your understanding of how the ICR Organizational Operating System can support the development of your organization.