The strategic management as a decisive factor in sme success: Case study for the mining sector

Abstract

The importance of Small and Medium Enterprises has led to a series of studies to identify the factors that determine their competitiveness at regional, departmental and national levels. This article aims to analyze the relationship between competitive success and factors related to the internal and external environment of Small and Medium Enterprises in the mining sector (human resources, strategic planning, innovation, technology and quality certification), through a case study for a SME of the sector. The methodology used in this study, was based on the application of matrices and strategic approach outlined by F. Davis; fieldwork and data analysis; determination of results and conclusions of the study. The results reflect positive aspects and some others to improve in the variables of innovation, technology and strategic planning. The study proves the tools efficiency in the industry of mining sector in the department of Bolivar, regarding the determinant factors for competitiveness. Finally, It is concluded that the highly competitive Small and Medium Enterprises are those that innovate in their products, processes and management, the ones that have a higher technological level and have a strategic plan.