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

Author : Alick Mhizha
Publisher : GRIN Verlag
ISBN 13 : 3656949808
Total Pages : 232 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis Strategic Management Practices and Challenges. The Case of Small and Medium Scale Enterprises in Harare by : Alick Mhizha

Download or read book Strategic Management Practices and Challenges. The Case of Small and Medium Scale Enterprises in Harare written by Alick Mhizha and published by GRIN Verlag. This book was released on 2015-04-24 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Author : Kudakwashe Gutu
Publisher :
ISBN 13 :
Total Pages : 682 pages
Book Rating : 4.:/5 (115 download)

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Book Synopsis Strategic Management in Small and Medium Enterprises by : Kudakwashe Gutu

Download or read book Strategic Management in Small and Medium Enterprises written by Kudakwashe Gutu and published by . This book was released on 2019 with total page 682 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Handbook of Research on Strategic Management in Small and Medium Enterprises

Author : Todorov, Kiril
Publisher : IGI Global
ISBN 13 : 1466659637
Total Pages : 538 pages
Book Rating : 4.4/5 (666 download)

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Book Synopsis Handbook of Research on Strategic Management in Small and Medium Enterprises by : Todorov, Kiril

Download or read book Handbook of Research on Strategic Management in Small and Medium Enterprises written by Todorov, Kiril and published by IGI Global. This book was released on 2014-04-30 with total page 538 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the global economy continues to develop and new entrepreneurs take advantage of emerging markets, the small business sector plays a greater role of economic development in the international arena. The Handbook of Research on Strategic Management in Small and Medium Enterprises contributes new research to the current array of literature on small business management under diverse geographic, economic, and socio-cultural conditions. By exploring existing theories in tandem with fresh viewpoints, this book will serve as a valuable reference to students, lecturers, researchers, entrepreneurs, and policy makers investigating the use of strategic management in various scenarios and situations.

Government Policies and Strategies in Dealing with Challenges Confronting Small and Medium Enterprises : a Case of Harare, Zimbabwe

Author : Mapeto Bomani
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (138 download)

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Book Synopsis Government Policies and Strategies in Dealing with Challenges Confronting Small and Medium Enterprises : a Case of Harare, Zimbabwe by : Mapeto Bomani

Download or read book Government Policies and Strategies in Dealing with Challenges Confronting Small and Medium Enterprises : a Case of Harare, Zimbabwe written by Mapeto Bomani and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa

Author : Ameen Alharbi
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1443879193
Total Pages : 185 pages
Book Rating : 4.4/5 (438 download)

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Book Synopsis Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa by : Ameen Alharbi

Download or read book Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa written by Ameen Alharbi and published by Cambridge Scholars Publishing. This book was released on 2015-06-18 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: Small and Medium-Sized Enterprises (SMEs) and Poverty Reduction in Africa addresses the vital question of why the millions of dollars of governments’ and international development interventions in the SMEs sector are yet to deliver significant and sustainable employment and poverty reduction in Africa. The book also addresses the question of how the SMEs sector can help in the eradication of poverty in Africa. The book also tackles the question of what policy makers, SMEs operators, would-be entrepreneurs and trainers can do to contribute to poverty reduction through the SMEs sector. To address these three key questions, the book has adopted innovative concepts and ideas that will appeal to the sensibilities of African policy makers, trainers, business operators and would-be entrepreneurs. For example, the existing literature on system thinking and spirituality in business is used to offer a novel approach and departure from the perennial focus on “technical training” and hardnosed pursuit of “individualised” business and personal goals as a means of developing entrepreneurs and crafting SMEs policy. The key features of the book are: • a focus on changing the mind-set of SMEs operators, policy makers, trainers and would-be entrepreneurs; • contextualising the role of SMEs in poverty reduction by emphasizing the relevance of the African worldview, belief systems and spirituality during policy making, policy implementation and training of SMEs operators and would-be entrepreneurs; • theoretical explanations to why good intentions in policy formulation and implementation do not deliver expected outcomes in terms of the SMEs sector’s contribution to poverty reduction; • practical guidelines on how SMEs can develop a poverty-related mission statement, business strategy and business plan within the context of poverty reduction; • personal development guidelines for SMEs operators and prospective entrepreneurs on how to develop poverty-related personal mission statements and strategies; • the introduction of spiritual poverty and system thinking as the foundation for policy formulation and poverty reduction interventions in Africa.

Effect of Strategic Management on the Performance of Small and Medium Scale Enterprises (SMEs) in South-east Region of Nigeria

Author : Udeme Usanga
Publisher : GRIN Verlag
ISBN 13 : 334693313X
Total Pages : 59 pages
Book Rating : 4.3/5 (469 download)

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Book Synopsis Effect of Strategic Management on the Performance of Small and Medium Scale Enterprises (SMEs) in South-east Region of Nigeria by : Udeme Usanga

Download or read book 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 published by GRIN Verlag. This book was released on 2023-09-04 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Effect of Business Strategy on Organizational Performance of Small-Medium Scale Enterprises in the Manufacturing Sector of Ghana

Download The Effect of Business Strategy on Organizational Performance of Small-Medium Scale Enterprises in the Manufacturing Sector of Ghana PDF Online Free

Author : John Parker Yanney
Publisher : GRIN Verlag
ISBN 13 : 3656926174
Total Pages : 16 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis The Effect of Business Strategy on Organizational Performance of Small-Medium Scale Enterprises in the Manufacturing Sector of Ghana by : John Parker Yanney

Download or read book The Effect of Business Strategy on Organizational Performance of Small-Medium Scale Enterprises in the Manufacturing Sector of Ghana written by John Parker Yanney and published by GRIN Verlag. This book was released on 2015-03-23 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Scientific Essay from the year 2014 in the subject Business economics - Accounting and Taxes, ( Atlantic International University ) (Faculty of Business and Economics), course: Business Management, language: English, abstract: This study examined the impact of business strategy on the organizational performance of Small-Medium Scale Enterprises (SMEs) in the manufacturing sector of Ghana. Whereas some SMEs are aware of the extent to which strategy can impact on their businesses, not much has been studied to identify the specific strategies which can be used to improve the performance of the SMEs. The study made use of questionnaires which were adminstered to 100 respondents who were randomly drawn from 10 SMEs. The performance indices were derived from a time series data from 2008 to 2013 on sales, profits before tax and labour size. Regression and analysis of variance (ANOVA) were run to examine the relationship between strategy and organizational performance. It was found that, business strategy statistically and significantly impacted on organizational. Again, cost leadership significantly influenced organizational behaviour but differentiation and focus strategies did not. The study recommends that the SMEs should strategic enough and also take advantage of cost leadership to enhance growth and induce greater organizational performance.

The Nicaragua Canal and Other House Reports, 1896

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (163 download)

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Book Synopsis The Nicaragua Canal and Other House Reports, 1896 by :

Download or read book The Nicaragua Canal and Other House Reports, 1896 written by and published by . This book was released on 1896 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Strategic Management in Small and Medium Enterprises

Author : Farhad Analoui
Publisher : Cengage Learning
ISBN 13 : 9781861529626
Total Pages : 0 pages
Book Rating : 4.5/5 (296 download)

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Book Synopsis Strategic Management in Small and Medium Enterprises by : Farhad Analoui

Download or read book Strategic Management in Small and Medium Enterprises written by Farhad Analoui and published by Cengage Learning. This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In most countries, statistics show that 99% of businesses are classified as 'small businesses'. In the UK alone, 99.8% of businesses employ less than 250 staff and these companies contribute more than a half of the UK's turnover. This new textbook goes where other strategic management texts have not and focuses on these small and medium size enterprises (SMEs), rather than focussing on large corporations and the actions of their CEOs. The authors consider how managers of small firms perceive the processes associated with strategic management, what decisions and actions they adopt to ensure competitive advantage, how business strategies are formulated and implemented in SMEs, and what the strategic role of entrepreneurship within small businesses is. They also discuss how SMEs should act for maximum competitive advantage, and consider the 'gap' between ideal theory and practice. This unique textbook will be essential for students on Small Business, Entrepreneurship and Enterprise modules at undergraduate and Masters level, and will also be useful on core modules in Strategy, Business Policy and Strategic Management at all levels.

Governing Business Systems

Author : Gandolfo Dominici
Publisher : Springer
ISBN 13 : 3319660365
Total Pages : 183 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Governing Business Systems by : Gandolfo Dominici

Download or read book Governing Business Systems written by Gandolfo Dominici and published by Springer. This book was released on 2017-10-13 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Strategic Business Management

Author : Gary Cokins
Publisher : John Wiley & Sons
ISBN 13 : 1937352358
Total Pages : 176 pages
Book Rating : 4.9/5 (373 download)

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Book Synopsis Strategic Business Management by : Gary Cokins

Download or read book Strategic Business Management written by Gary Cokins and published by John Wiley & Sons. This book was released on 2017-05-15 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Strategic Planning Practices of Small to Medium Enterprises in the Food and Beverages Manufacturing Sector in South Africa

Author : Jabulani Dhlamini
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (132 download)

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Book Synopsis The Strategic Planning Practices of Small to Medium Enterprises in the Food and Beverages Manufacturing Sector in South Africa by : Jabulani Dhlamini

Download or read book The Strategic Planning Practices of Small to Medium Enterprises in the Food and Beverages Manufacturing Sector in South Africa written by Jabulani Dhlamini and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Management of Small and Medium Enterprises

Author : Matthias Fink
Publisher : Routledge
ISBN 13 : 1135227586
Total Pages : 406 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis The Management of Small and Medium Enterprises by : Matthias Fink

Download or read book The Management of Small and Medium Enterprises written by Matthias Fink and published by Routledge. This book was released on 2009-05-07 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Due to the vital importance of SMEs in developed economies worldwide, this book aims to provide a unique and much-needed investigation into the underlying mechanisms and practices of management within these companies by collecting a wide range of original conceptual and empirical research in the topical area of management in SMEs and new ventures. Collecting work from dozens of leading scholars in fields ranging from management and entrepeneurship to human resource management and strategy, this book aims to supply readers with an overview of the field of research in management of SMEs and new ventures as well as in depth knowledge on a variety of related topics. The essays collected here are focused and practical, offering a variety of explicit and pragmatic recommendations for action and developing new tools and strategies useful to scholars and students as well as practitioners working in the field of SME and new venture management and consulting.

Selected Case Studies in Small and Medium Enterprise

Author : Suriani Sukri
Publisher :
ISBN 13 : 9789675415968
Total Pages : 208 pages
Book Rating : 4.4/5 (159 download)

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Book Synopsis Selected Case Studies in Small and Medium Enterprise by : Suriani Sukri

Download or read book Selected Case Studies in Small and Medium Enterprise written by Suriani Sukri and published by . This book was released on 2015 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Doing Business 2020

Author : World Bank
Publisher : World Bank Publications
ISBN 13 : 1464814414
Total Pages : 241 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Doing Business 2020 by : World Bank

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

Engineering

Author : Unesco
Publisher : UNESCO
ISBN 13 : 9231041568
Total Pages : 392 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis Engineering by : Unesco

Download or read book Engineering written by Unesco and published by UNESCO. This book was released on 2010-01-01 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report reviews engineering's importance to human, economic, social and cultural development and in addressing the UN Millennium Development Goals. Engineering tends to be viewed as a national issue, but engineering knowledge, companies, conferences and journals, all demonstrate that it is as international as science. The report reviews the role of engineering in development, and covers issues including poverty reduction, sustainable development, climate change mitigation and adaptation. It presents the various fields of engineering around the world and is intended to identify issues and challenges facing engineering, promote better understanding of engineering and its role, and highlight ways of making engineering more attractive to young people, especially women.--Publisher's description.

Structural Adjustment and Women Informal Sector Traders in Harare, Zimbabwe

Author : Rodreck Mupedziswa
Publisher : Nordic Africa Institute
ISBN 13 : 9789171064356
Total Pages : 132 pages
Book Rating : 4.0/5 (643 download)

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Book Synopsis Structural Adjustment and Women Informal Sector Traders in Harare, Zimbabwe by : Rodreck Mupedziswa

Download or read book Structural Adjustment and Women Informal Sector Traders in Harare, Zimbabwe written by Rodreck Mupedziswa and published by Nordic Africa Institute. This book was released on 1998 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most attempts to study the informal sector have tended to emphasize uniformity of experiences. Where an effort has been made to develop a more nuanced understanding, the assumption has always been that people move from lower to higher level activities that coincide with increased opportunities for accumulation. This report challenges both notions. Drawing on the experiences of women informal sector traders in Harare, Zimbabwe, and using a longitudinal study approach, the authors document differentiation within the sector amidst generalized decline in working and living conditions. Far from being a site of accumulation, the authors show that the informal sector during the era of adjustment is a site of bare survival in which people work ever longer hours for ever-diminishing incomes on which many competing claims are made within and outside the household.