The Role of Managerial Skills on the Performance of Small and Medium Enterprise (SMES) in Jabi District, Abuja, Nigeria
Main Article Content
Abstract
The objective of this study was to access the role of managerial skills on SME performance in Jabi District, Abuja, Nigeria. The study is a survey research, sampling the opinion of 240 business owners in the District. Their opinion was collected using a structured questionnaire and data collected were analyzed by tabulation, percentages and the formulated hypotheses tested using Kendall coefficient of concordance. The study discovered that these managerial skills: technical skills, conceptual skills, interpersonal relation skills, and budgeting skills had a substantial effect on the performance of SMEs. The study concluded that insufficient managerial skills are factors militating against SME performance and recommended among others that SME managers should try to understand, lead, change and regulate the behavior of the individuals and organization they manages to achieve greater performance; the government, Non-Governmental Organizations, and SME owners' unions provide adequate training.
Downloads
Download data is not yet available.
Article Details
How to Cite
Marcus Garvey Orji, Akhimien Emmanuel, & Chika Margret-Mary Egwuatu. (2023). The Role of Managerial Skills on the Performance of Small and Medium Enterprise (SMES) in Jabi District, Abuja, Nigeria. Economit Journal: Scientific Journal of Accountancy, Management and Finance, 3(2), 112-122. https://doi.org/10.33258/economit.v3i2.876
Section
Articles
References
Ahmadu, I & Ahmadu ,S.B (2021) Effect of Managerial Skills on the Performance of Small- and Medium-Sized Enterprises: A Case Study in Pakistan’ The Journal of Asian Finance, Economics and Business ‘ Vol 8(4) PP. 161-170
Astuti, W., Supanto, F., & Supriadi, B. (2019). Entrepreneurial Skills and SME ’ s Business Performance : Empirical Study’ Culinary Business. 10(22), 160–166.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120. https://doi.org/10.1177/014920639101700108
Egwuatu, C.M (2022) Effect of managerial skills on the performance of Small and Medium Enterprises (SMEs) in Jabi District, Abuja’ Unpublished Project, Department of Entrepreneurial Studies, Veritas University, Abuja, Nigeria
Fernando, P. G, Octavio H, C, Mónica, G .S (2023) Managerial Skills and Organizational Performance: Competitive Advantage’ Mercados y Negocios, ( 48), pp. 75-94, 2023 Universidad de Guadalajara
Fonkam M.N (2021). Management Skills and Performance of State-Owned Enterprises in Cameroon. Journal of Business and Economic Development. Vol. 6, (2), pp. 115- 124. doi: 10.11648/j.jbed.20210602.17
Katz, R. (2015). Types of Managerial Skills.https ://corporatefinanceinstitute.com/resources/c areers/soft-skills/management-skills/.Accessed 27/4/2022
Logose, K (2022) the effect of managerial skills on the growth of small and
medium enterprises in pallisa district, a case study in pallisa
Mintzberg ,H. (1971) Managerial Work: Analysis from Observation. Management Science 18(2):B-97-B-110.
NG’ora,S, Mwakalobo, A.S, Lwesy, F (2022) Managerial Skills for Micro, Small and Medium- sized Enterprises (MSMEs’) Management Dynamics in the Knowledge Economy, 10(4), 343-359. DOI 10.2478/mdke-2022-0022
Niati, D. R., Siregar, Z. M. E., & Prayoga, Y. (2021). The Effect of Training on Work Performance and Career Development: The Role of Motivation as Intervening Variable. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 4(2), 2385–2393. https://doi.org/10.33258/birci.v4i2.1940
Orji, M.G, Akhimien, E. Nweke ,P.I & Ridwan, M (2021) Effects of Physical Working Condition on Effective Teaching and Learning in Public Secondary Schools of Bwari Area Council Abuja, Nigeria’ Budapest International Research and Critics in Linguistics and Education (BirLE) Journal Vol.4(3), PP:1118-1128.DOI: https://doi.org/10.33258/biohs.v4i2.649
Orji, M G (2017) Impact of Personality Factors on Consumer Buying Behavior of Textile Materials in South Eastern Nigeria. PhD Thesis, Department of Business Administration, Ahmadu Bello University, Zaria, Nigeria
Orji, M.G (2022) The Influence of Marketing Research on the Profitability of Nigerian Deposit Money Banks in Abuja, Nigeria’ Economit Journal: Scientific Journal of Accountancy, Management and Finance Vol. 2 (1) PP: 19-30. DOI: https://doi.org/10.33258/economit.v2i1.608
Orji, M.G, Ezinmuo, M.E (2019) ‘Effect of Financial Incentives on Employee Work Habit and Performance in Nigerian Public Enterprises’ International Journal of Research in Finance and Management; Vol. 2(2): 13-22.
Orji, M.G, Olaniyi, K.B & Adeyemo, T(2022) Assessing Micro, Small and Medium Enterprises as an Instrument for Human Capital Development and Poverty Reduction in Abuja Area Councils of Nigeria’ Britain International of Humanities and Social Sciences (BIoHS) Journal Vol. 4 ( 2) PP: 194-205
Orji, M.G, Olaniyi, K.B Oladele, T and Abe. M (2022) Strategic Human Resource Management and Performance of Selected Deposit Money Banks in Abuja, Nigeria’ Britain International of Humanities and Social Sciences (BIoHS) Journal Vol. 4 (1), PP: 1-12. DOI:https://doi.org/10.33258/biohs.v4i1.565
Popescu, L., Iancu, A., Avram, M., Avram, D., & Popescu, V. (2019). The Role of Managerial Skills in the Sustainable Development of SMEs in Mehedinti County, Romania. Sustainability, 12(3), 1119. https://doi.org/10.3390/su12031119
Shah, M. M., et al. (2020). The Development Impact of PT. Medco E & P Malaka on Economic Aspects in East Aceh Regency. Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Volume 3, No 1, Page: 276-286.
Siegel, A. (1986). Introduction to NonParametric Statistics ‘Page publishers, New York
town council’ BSc Degree, Busitema University, Uganda
Werdhiastutie, A. et al. (2020). Achievement Motivation as Antecedents of Quality Improvement of Organizational Human Resources. Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Volume 3, No 2, Page: 747-752.
Astuti, W., Supanto, F., & Supriadi, B. (2019). Entrepreneurial Skills and SME ’ s Business Performance : Empirical Study’ Culinary Business. 10(22), 160–166.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120. https://doi.org/10.1177/014920639101700108
Egwuatu, C.M (2022) Effect of managerial skills on the performance of Small and Medium Enterprises (SMEs) in Jabi District, Abuja’ Unpublished Project, Department of Entrepreneurial Studies, Veritas University, Abuja, Nigeria
Fernando, P. G, Octavio H, C, Mónica, G .S (2023) Managerial Skills and Organizational Performance: Competitive Advantage’ Mercados y Negocios, ( 48), pp. 75-94, 2023 Universidad de Guadalajara
Fonkam M.N (2021). Management Skills and Performance of State-Owned Enterprises in Cameroon. Journal of Business and Economic Development. Vol. 6, (2), pp. 115- 124. doi: 10.11648/j.jbed.20210602.17
Katz, R. (2015). Types of Managerial Skills.https ://corporatefinanceinstitute.com/resources/c areers/soft-skills/management-skills/.Accessed 27/4/2022
Logose, K (2022) the effect of managerial skills on the growth of small and
medium enterprises in pallisa district, a case study in pallisa
Mintzberg ,H. (1971) Managerial Work: Analysis from Observation. Management Science 18(2):B-97-B-110.
NG’ora,S, Mwakalobo, A.S, Lwesy, F (2022) Managerial Skills for Micro, Small and Medium- sized Enterprises (MSMEs’) Management Dynamics in the Knowledge Economy, 10(4), 343-359. DOI 10.2478/mdke-2022-0022
Niati, D. R., Siregar, Z. M. E., & Prayoga, Y. (2021). The Effect of Training on Work Performance and Career Development: The Role of Motivation as Intervening Variable. Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences, 4(2), 2385–2393. https://doi.org/10.33258/birci.v4i2.1940
Orji, M.G, Akhimien, E. Nweke ,P.I & Ridwan, M (2021) Effects of Physical Working Condition on Effective Teaching and Learning in Public Secondary Schools of Bwari Area Council Abuja, Nigeria’ Budapest International Research and Critics in Linguistics and Education (BirLE) Journal Vol.4(3), PP:1118-1128.DOI: https://doi.org/10.33258/biohs.v4i2.649
Orji, M G (2017) Impact of Personality Factors on Consumer Buying Behavior of Textile Materials in South Eastern Nigeria. PhD Thesis, Department of Business Administration, Ahmadu Bello University, Zaria, Nigeria
Orji, M.G (2022) The Influence of Marketing Research on the Profitability of Nigerian Deposit Money Banks in Abuja, Nigeria’ Economit Journal: Scientific Journal of Accountancy, Management and Finance Vol. 2 (1) PP: 19-30. DOI: https://doi.org/10.33258/economit.v2i1.608
Orji, M.G, Ezinmuo, M.E (2019) ‘Effect of Financial Incentives on Employee Work Habit and Performance in Nigerian Public Enterprises’ International Journal of Research in Finance and Management; Vol. 2(2): 13-22.
Orji, M.G, Olaniyi, K.B & Adeyemo, T(2022) Assessing Micro, Small and Medium Enterprises as an Instrument for Human Capital Development and Poverty Reduction in Abuja Area Councils of Nigeria’ Britain International of Humanities and Social Sciences (BIoHS) Journal Vol. 4 ( 2) PP: 194-205
Orji, M.G, Olaniyi, K.B Oladele, T and Abe. M (2022) Strategic Human Resource Management and Performance of Selected Deposit Money Banks in Abuja, Nigeria’ Britain International of Humanities and Social Sciences (BIoHS) Journal Vol. 4 (1), PP: 1-12. DOI:https://doi.org/10.33258/biohs.v4i1.565
Popescu, L., Iancu, A., Avram, M., Avram, D., & Popescu, V. (2019). The Role of Managerial Skills in the Sustainable Development of SMEs in Mehedinti County, Romania. Sustainability, 12(3), 1119. https://doi.org/10.3390/su12031119
Shah, M. M., et al. (2020). The Development Impact of PT. Medco E & P Malaka on Economic Aspects in East Aceh Regency. Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Volume 3, No 1, Page: 276-286.
Siegel, A. (1986). Introduction to NonParametric Statistics ‘Page publishers, New York
town council’ BSc Degree, Busitema University, Uganda
Werdhiastutie, A. et al. (2020). Achievement Motivation as Antecedents of Quality Improvement of Organizational Human Resources. Budapest International Research and Critics Institute-Journal (BIRCI-Journal) Volume 3, No 2, Page: 747-752.