Strategic Management Practices And Challenges The Case Of Small And Medium Scale Enterprises In Harare
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Strategic Management Practices And Challenges The Case Of Small And Medium Scale Enterprises In Harare
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Author : Alick Mhizha
language : en
Publisher: GRIN Verlag
Release Date : 2015-04-24
Strategic Management Practices And Challenges The Case Of Small And Medium Scale Enterprises In Harare written by Alick Mhizha and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-24 with Business & Economics categories.
Doctoral Thesis / Dissertation from the year 2014 in the subject Business economics - Operations Research, , course: PhD Commerce, language: English, abstract: This research was carried out with the objective of establishing the challenges faced by small and medium scale entrepreneurs in their efforts to adopt strategic management in their value chains. A review of relevant literature revealed that strategic management is a very important approach that all businesses need, no matter their size, in order to enhance effectiveness. It is known to support professionalism, profitability and sustainable value addition when applied according to best practice. Quantitative and qualitative approaches to data gathering were applied to enable the researcher to establish a richer picture of the exact situation on the ground. Quantitative data were collected from a sample of 292 respondents while qualitative data were obtained from a sample of 127 key informants and stakeholders. Drawing inspiration from the survival strategies of the chameleon, the researcher postulated the Chameleon Survival Strategy Model for small and medium-scale enterprises. The model was then used as a benchmark in the analysis of quantitative data, which were treated using the statistical package for the social sciences (SPSS) and qualitative data, which were content analysed. The chameleon survival strategy was used as the standard to assess the extent to which small and medium scale enterprises were compliant with the fundamentals of strategic management as exhibited by the chameleon in its environment. The key findings were that SMEs failed the Chameleon Survival Strategy Model test, based on the overall value of the model’s index obtained after data analysis. It was observed that SMEs did not practice strategic management and were therefore not consistent with the chameleon survival strategies, outlined in the model’s seven attributes. The conclusions drawn, recommendations and implications of the study on Government policy, the work of stakeholders and entrepreneurs, are presented in this document. The conclusions point to the need for Government and stakeholders to revisit their interventions and support programmes targeting entrepreneurs, to include strategic management capacity development. The lack of knowledge and exposure was found to be the key reason for entrepreneurs’ failure to embrace strategic management in their operations. It is also recommended that Government and stakeholders carry out constant needs assessment to establish the exact needs of entrepreneurs, which tend to be quite dynamic.
Strategic Management In Small And Medium Enterprises
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Author : Kudakwashe Gutu
language : en
Publisher:
Release Date : 2019
Strategic Management In Small And Medium Enterprises written by Kudakwashe Gutu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Balanced scorecard (Management) categories.
Government Policies And Strategies In Dealing With Challenges Confronting Small And Medium Enterprises A Case Of Harare Zimbabwe
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Author : Mapeto Bomani
language : en
Publisher:
Release Date : 2015
Government Policies And Strategies In Dealing With Challenges Confronting Small And Medium Enterprises A Case Of Harare Zimbabwe written by Mapeto Bomani and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business incubators categories.
Effect Of Strategic Management On The Performance Of Small And Medium Scale Enterprises Smes In South East Region Of Nigeria
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Author : Udeme Usanga
language : en
Publisher: GRIN Verlag
Release Date : 2023-09-04
Effect Of Strategic Management On The Performance Of Small And Medium Scale Enterprises Smes In South East Region Of Nigeria written by Udeme Usanga and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-04 with Business & Economics categories.
Academic Paper from the year 2021 in the subject Business economics - Business Management, Corporate Governance, , course: Management Sciences, language: English, abstract: This study examined the impact of strategic management on SMEs performance in South-east Nigeria. A survey of 398 respondents were randomly selected from Small and Medium Enterprises (SMEs) that registered with the Ministry of Commerce and Industry in Abia, Anambra, Ebonyi, Enugu and Imo States were used for the study. Well-structured questionnaire was use for collection of data from respondents. Hypotheses were formulated and data analysis was performed with the using Frequencies, Percentages, and Regression Analysis. Result reveals that majority of respondents are male (57%), married (69%), with Secondary education (45%), with household size of 6-10 Persons (45%), with SME experience between 6 – 10 years (35.68%). Majority of enterprises in the study area were small –sized businesses (51.5%), providing services (65%), with fixed assets in buildings/factories including machinery/equipment worth N2 – 5 million (26%), current asset base of cash/draft at Banks and inventory/raw materials worth N2 – 5 million (31%), with human capital asset (number of employees) of 1 – 5 workers (51.5%) and number of branches (88%). About 96.5% did not apply any of the management strategy practices in their operations. Details of the results on the effects of strategic management practices on SMEs’ Performance further showed an average mean of 4.19. The R2 of 74% of the variation in the dependent variable “employee training and job satisfaction is caused by the explanatory variable “Planning and Organizational Structure, with a probability value (t-cal = 34.014); environmental analysis strategy and resource allocation on market share (92%) with t-cal (66.76), implementation strategy and Customer Satisfaction (99%) t-cal = (165.015). The R2 of .860, about 84% of the variation in the dependent variable, Sales Revenue/Profitability by evaluation strategy with regression result, (t-cal = 49.496) indicate a positive effect. Based on the findings, the study concluded that the strategic planning process has not been fully implemented by SMEs operators in the South-east Region of Nigeria. The study therefore recommends that SMEs operators/managers should be motivated to align their performance to the planned goals in their strategic plan. If these elements are consciously integrated into SME business plans and judiciously implemented, there would be a stimulating effect on the overall performance of these enterprises; thus triggering growth, profit and sustainability.
Business Intelligence For Strategic Management Use In Small And Medium Enterprises Zimbabwe
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Author : SANDRA NYAYA USIKU (TP031305)
language : en
Publisher:
Release Date : 2014
Business Intelligence For Strategic Management Use In Small And Medium Enterprises Zimbabwe written by SANDRA NYAYA USIKU (TP031305) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Governing Business Systems
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Author : Gandolfo Dominici
language : en
Publisher: Springer
Release Date : 2017-10-13
Governing Business Systems written by Gandolfo Dominici and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-13 with Computers categories.
Based on papers from the 4th Business Systems Laboratory International Symposium (BSLAB) in 2016, this volume contributes to the business management, organizational and innovation literature by providing insights on the antecedents of systems thinking in the business systems domain. The Business Systems Laboratory International Symposium addresses current global economic and social challenges from a systemic perspective, drawing from the domains of management, economics, engineering and sociology. In particular, the 2016 Symposium focuses on the epistemological, theoretical, methodological, technical and practical contributions that represent advancements in the theory and practice of governing business systems to address present and future challenges in the global economy. The contributions explore the application of systems thinking to governance, involving the introduction of new administrative organizational and managerial activities aimed toward organizational innovation and control.
Management Challenges In Different Types Of African Firms
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Author : Leona Achtenhagen
language : en
Publisher: Springer
Release Date : 2018-12-09
Management Challenges In Different Types Of African Firms written by Leona Achtenhagen and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-12-09 with Business & Economics categories.
This book focuses on management challenges in different types of companies, ranging from small to large, from private to public and from service to manufacturing in the African context. With empirical data from countries as diverse as Rwanda, Kenya and Ethiopia, it discusses the increasing economic importance of the African continent, covering relevant topics on sustainability and environmental issues, exports, logistics, HR issues, innovation and financial reporting. Through different conceptual insights and empirical case studies, the research presented serves as a useful resource for academics, students, and policy-makers interested in in-depth studies on management challenges in Africa.
Strategic Management In Small And Medium Enterprises
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Author : Farhad Analoui
language : en
Publisher:
Release Date : 2003
Strategic Management In Small And Medium Enterprises written by Farhad Analoui and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business planning categories.
Strategic Business Management
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Author : Gary Cokins
language : en
Publisher: John Wiley & Sons
Release Date : 2017-05-15
Strategic Business Management written by Gary Cokins and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-15 with Business & Economics categories.
Presenting core theories alongside practical applications, this publication will help students understand how to effectively move an organization toward strategic goals. Author Gary Cokins uses his deep knowledge of the subject matter to deliver an easy-to-follow road map to effective and strategic management through: Establishing the integral links between planning and performance Demonstrating how risk management and performance assessment impact planning Applying business analytics and Big Data in the finance and accounting functions as well as marketing, sales, operations and other functions Evaluating the effectiveness of a strategy map and the balanced scorecard as a management tool Tying budgeting to strategy and measuring the effectiveness of both via ongoing performance Written in a plain, straight-forward fashion that will allow students to draw immediate value from its content, this book pulls together several topics in an elegant yet sophisticated approach. It uses detailed graphics and diagrams to provide students with a clear understanding of the dynamic intersection between key management and organization leadership topics that management accountants need to master in order to fill a strategic leadership role within their organizations.
The Nicaragua Canal And Other House Reports 1896
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Author :
language : en
Publisher:
Release Date : 1896
The Nicaragua Canal And Other House Reports 1896 written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1896 with Nicaragua Canal (Nicaragua) categories.