Item 3 Enterprise issues relating to an enterprise development strategy

24. It was not only at the level of firms that there must be an enterprise development strategy.

A number of strategic lessons could be considered by enterprises that explore internationalization strategies by OFDI.

the implications for the formulation of an enterprise development strategy

B. Enterprise sector strategies in diversification

PROGRESS TOWARDS STRATEGIES FOR ENTERPRISE DEVELOPMENT

AGREED CONCLUSIONS ON ENTERPRISE ISSUES RELATING TO AN ENTERPRISE DEVELOPMENT STRATEGY

Within the set of strategic business cases of the system wide ICT strategy, the ICT Network has recently identified a business case preparation and costing initiative which will further standardize the costing methodology.

I. Enterprise issues relating to an enterprise development strategy (agenda item 3) 8 47

I. Agreed conclusions on enterprise issues relating to an enterprise development strategy

B. Enterprise sector strategies in diversification 39 54

2. Corporate strategies for seizing market opportunities

National ICT strategies should include measures to explore innovative financing arrangements involving public and business partnerships.

Strategic communications services

Innovative strategies, policies and cooperative behaviour of enterprises so far mainly in the developed countries have created opportunities and challenges for the enterprise sector.

Information and communication technology strategy

III. KEY ISSUES RELATING TO AN ENTERPRISE DEVELOPMENT STRATEGY

There is also diversity related to the strategies of the world apos s major firms.

Strategic communications services

Part A considers the role of ICTs for tourism development in developing countries and the strategic challenges for local tourism enterprises to successfully participate in international tourism markets.

B Information and communication technology strategy

II Information and communication technology strategy

Because of their size and limited financial resources, SMEs are less inclined to pursue an M A strategy in entering foreign markets than larger enterprises.

SSEs have characteristics that justify promoting them in a development strategy.

(i) Providing strategic and operational leadership in matters of information and communication technology

A national ICT strategy should devise ways in which governments, businesses and civil society can complement each other in using the new technologies to enhance skills and education in a continuing way.

III. Key issues relating to an enterprise development strategy 44 87

13. Two elements of an enterprise development strategy could be emphasized.

This implies that the enterprise should have a strategic planning capability.

Documents TD B COM.3 9 quot Progress towards strategies for enterprise development quot .

(1) examining and approving the internal financial management system, financial strategy, financial plan and financial budget of the enterprise

A dialogue which is dominated by the interests of larger firms risks creating policies and strategies which are biased against SMEs.

Some commercial firms are basing their export strategies on telemedicine.

In this context it is necessary to make a distinction between strategies benefiting nascent SMEs and those benefiting mature SMEs which need to export in order to realise their growth potential.

This implies that enterprises should have a strategic planning capability.

5.2 Guidelines for national ICT strategies

For instance, the LCS Group (IT) has invested in the United Kingdom as part of its corporate expansion and market access strategy.

Whether OFDI for an individual firm is largely beneficial depends upon firm specific strategies pursued.

He also referred to the challenges that ICT presented to developing economies, mainly in respect of the capacity of individuals and enterprises to use ICT.

3. Enterprise issues relating to an enterprise development strategy.

5.2 Guidelines for national ICT strategies25

In employment creation, employment development strategies should take into account the role of self employment, entrepreneurship, small and medium sized enterprises and the informal sector.

SMEs are becoming more involved in strategic alliances and joint ventures, both with other SMEs and with larger multinational firms.

To facilitate the evolution of informal enterprises into fully productive formal enterprises, it is recommended that Governments introduce and enhance microcredit schemes and provide small business information services as a key component of the country's poverty reduction strategy.

70. The economic and social development strategy adopted a few years ago and stepped up under the Eighth Plan focuses on developing productive jobs and promoting micro enterprises and small trades.