A Systematic Literature Review of the Importance of Leadership to the Growth of Small and Medium Enterprises
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 06
Abstract
In order to understand the importance of leadership to the growth of small and medium enterprises (SMEs), SMEs are the major engine that drives the growth of any nation’s economy. The contribution that is made by this sector to the country’s growth and economic development cannot be overemphasized as it is a critical feature of development of an economy. Several researchers have suggested that leadership effectiveness is a key factor that rolls the performance of organizations. The literature has highlighted the significance of leadership to any organization. Besides, review of the literature suggests the leadership in SMEs enhances performance and growth. The study also attempted to examine leadership behavior that has been adopted by some leaders in the sector. The outcome of the review demonstrated that the performance and growth of SMEs is dependent on leadership effectiveness and management skills.
Authors and Affiliations
John Bwalya, MBA, Austin Mwange, Ph. D, Joseph Chiseyengi ,Robbson Manda, MPA,Golden Mashiri, MSc. , Musonda Ashley Masase-Muza,MSc, Nizah Mutambo, MSc
Keywords
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- EP ID EP708174
- DOI 10.47191/jefms/v5-i6-24
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