What is SME governance | Good SME governance?
SME Governance | Good SME governance involves realizing long-term value creation within companies through direction and control.
Until recently, a governance model specifically for SMEs was lacking. In the past, these frameworks were primarily designed and implemented for larger (listed) organizations. As a result, many entrepreneurs are unfamiliar with methodologies and tools to provide direction and maintain control over the realization of long-term value creation. Within the Route ICR cycle, we focus primarily on gaining control over realizing your entrepreneurial ambitions.
Within the ICR Growth & Success SaaS Platform, you will find a highly effective and practical SME governance model in the form of a clear step-by-step plan. Through the step-by-step plan, clear explanations, and support from AI, you work structurally towards controlled and manageable growth of your organization. Together with your team and/or together with your advisor/coach.
For most SMEs, SME governance is a distant concept. In other words, good governance measures are not (yet) part of daily practice. To date, explosive growth and/or external demands, for example from an external financier, have primarily prompted a change in this. This is particularly to make the likelihood and impact of risks manageable.
Strange, really, because fundamentally every entrepreneur wants to be successful and certainly not fail. Consequently, SME governance is actually relevant to every entrepreneur: after all, it is about having a grip on realizing one's entrepreneurial ambition. And that involves quite a lot. That is why we pay full attention to this unexplored area in the world of entrepreneurship. In fact, the ICR platform is the number 1 solution for SME governance.
An In Control Statement is also part of SME governance. This is a statement in which the corporate board accounts for the quality of internal control. In other words, that the processes are in control with a view to achieving the organization's objectives (also known as: In Control).