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Middle Market and Enterprise Technology Inbound Blog

QA Small Business Technology Audits in Developing NationsGiven that microfinance in developing nations boosts economic development, and technology also accelerates growth, shouldn’t small business technology audits be more prevalent in developing nations?

Why Technology Audits Aren’t “One Size Fits All”

That was exactly my thought process a few months ago when I came across an interesting request for help on LinkedIn Answers (May it RIP). The requester was Mativenga Chihwenga, an associate at Price Waterhouse Coopers, asking for ideas on writing a dissertation on IT system audits.

One person who answered, a compliance consultant, steered Chihwenga in the direction of Sarbanes-Oxley Compliance. Another person suggested concentrating on ISO 27000 and SAS 70 Type II. A third who replied, interestingly enough, was in the middle of his own dissertation topic planning on a related subject and provided a very detailed list of brainstorming ideas.

My approach was quite different.

Small Businesses in Developing Nations Change Lives

After clicking through on Chihwenga’s LinkedIn profile and learning he was from Zimbabwe, I suggested that the dissertation address small business technology audits in developing nations.

Just as the third responder confirmed, when thinking about technology audits, everyone naturally has in mind a Fortune 1000, or large government, enterprise IT department.

Tackling small business technology audits in nations like Zimbabwe could definitely be a unique dissertation topic.

Planning a Dissertation on Small Business Technology

For example, you might want to learn:

  • Why so few small businesses invest in system audits, when these same companies routinely have annual financial audits

  • How various stakeholders, such as government agencies, IT vendors, banks, insurers, and universities, have historically addressed this issue

  • What various stakeholders could do going forward

Because different-sized small businesses and different vertical markets can have vastly different technology needs and budgets, I recommended grouping small businesses into categories:

  • By size – such as micro small businesses with fewer than 10 employees, small businesses with 10-50 employees, and large small businesses with more than 50 employees

  • By industry – taking a sector-by-sector look at the five biggest industries in each developing nation

As a starting point, I also recommended learning more about what World Bank does for small businesses with its World Bank Small & Medium Enterprise Department

 

How do you feel about the importance of small business growth in developing nations? Can small business technology audits be the catalyst for more widespread technology adoption and more rapid growth? Please share your thoughts in the Comments box below. 

 

And to follow-through on the tips introduced in this short article, be sure to download your free copy of the special report on How to Start a Computer Consulting Business: 6 Proven Ways to Build Your Initial Client Base

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Creative Commons Image Source: flickr MAZZALIARMADI.IT

 

 

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Joshua Feinberg

Written by Joshua Feinberg

Joshua Feinberg helps CEOs identify revenue growth opportunities their marketing and sales teams are currently missing. A former content provider for Microsoft Corporation's channel programs and Small Business Server product team in Redmond, Washington, Joshua has spent nearly all of his 27-year career on business development side of the IT channel. Over the past decade, Joshua has authored business development training courses now utilized by over 3,000 SMB technology providers worldwide. Joshua wrote the groundbreaking book Building Profitable Solutions with Microsoft BackOffice Small Business Server and bi-weekly VAP Voice online columns that helped shaped Microsoft’s small business partner strategy, product marketing strategy, and ultimately the managed services business model. Besides being an early adopter of content marketing and Inbound marketing, since 2008 Joshua has developed integrated, full-funnel, lead generation and sales acceleration programs that drive scalable, predictable revenue growth. Joshua holds HubSpot Certifications on Inbound Marketing, Inbound Sales, HubSpot Marketing Software, HubSpot Sales Software, HubSpot Partner, and Growth Driven Design (GDD) --- and the first HubSpot Accredited Trainer in Florida. Joshua is on the AFCOM Miami board, co-leads the Palm Beach County HubSpot User Group and is a former board member of the Florida Direct Marketing Association. He’s been quoted in the USA Today, CRN, VAR Business, Washington Times, South Florida Sun Sentinel, and AICPA Journal of Accountancy. Joshua has also written bylined content for Data Center Knowledge, WHIR, Microsoft Certified Professional Magazine, Inc.com, Medical Economics, Windows NT Magazine, and served as a contributing editor for Selling Windows NT Solutions Magazine.