A model for standardizing Nigerian SMEs: Enhancing competitiveness through quality control

Small and Medium Enterprises (SMEs) play a critical role in Nigeria's economic development, contributing significantly to employment, innovation, and gross domestic product (GDP). However, Nigerian SMEs face persistent challenges that hinder their growth and global competitiveness, particularly a lack of standardisation and inadequate quality control. This review proposes a comprehensive model for standardizing Nigerian SMEs, focusing on enhancing competitiveness through robust quality control mechanisms. The model is built on four key components: the development of a sector-specific quality control framework, government and institutional support, technology integration, and collaboration within SME clusters. By implementing industry-specific standards and providing training programs, SMEs can align their products and services with global benchmarks, increasing their potential for international market penetration. The model emphasizes the need for government incentives and regulatory bodies to foster adoption while encouraging the use of digital tools to monitor quality in real-time. Additionally, public-private partnerships are recommended to drive technology transfer, making quality control more affordable and accessible. The proposed model also promotes collaboration among SMEs through networking and knowledge sharing, enabling small businesses to adopt best practices collectively. Pilot programs in sectors such as agriculture and manufacturing are suggested to assess the feasibility and effectiveness of the model. This review argues that adopting this standardized quality control model will significantly enhance the competitiveness of Nigerian SMEs, reducing barriers to growth, and facilitating economic development. The success of this initiative relies on coordinated efforts from government, industry associations, and SMEs themselves. Keywords: Nigerian SMEs, Competitiveness, Quality control, Economic Development.

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Publication Details

Journal
International Journal of Management & Entrepreneurship Research
Published
2024-09-23
DOI
https://doi.org/10.51594/ijmer.v6i9.1582
Citations
2
Primary Topic
Leadership, Human Resources, Global Affairs
Type
article
Field-Weighted Citation Impact
4.46
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article

A model for standardizing Nigerian SMEs: Enhancing competitiveness through quality control

Edith Ebele Agu, Chikezie Paul- Mikki Ewim, Onyinye Gift Ejike, Ifeanyi Chukwunonso Okeke et al.
2 citations
International Journal of Management & Entrepreneurship Research
Leadership, Human Resources, Global Affairs
4.46
article

A model for standardizing Nigerian SMEs: Enhancing competitiveness through quality control

Edith Ebele Agu, Chikezie Paul- Mikki Ewim, Onyinye Gift Ejike, Ifeanyi Chukwunonso Okeke, Mobolaji Olalekan Komolafe
article en
2 citations

Abstract

Small and Medium Enterprises (SMEs) play a critical role in Nigeria's economic development, contributing significantly to employment, innovation, and gross domestic product (GDP). However, Nigerian SMEs face persistent challenges that hinder their growth and global competitiveness, particularly a lack of standardisation and inadequate quality control. This review proposes a comprehensive model for standardizing Nigerian SMEs, focusing on enhancing competitiveness through robust quality control mechanisms. The model is built on four key components: the development of a sector-specific quality control framework, government and institutional support, technology integration, and collaboration within SME clusters. By implementing industry-specific standards and providing training programs, SMEs can align their products and services with global benchmarks, increasing their potential for international market penetration. The model emphasizes the need for government incentives and regulatory bodies to foster adoption while encouraging the use of digital tools to monitor quality in real-time. Additionally, public-private partnerships are recommended to drive technology transfer, making quality control more affordable and accessible. The proposed model also promotes collaboration among SMEs through networking and knowledge sharing, enabling small businesses to adopt best practices collectively. Pilot programs in sectors such as agriculture and manufacturing are suggested to assess the feasibility and effectiveness of the model. This review argues that adopting this standardized quality control model will significantly enhance the competitiveness of Nigerian SMEs, reducing barriers to growth, and facilitating economic development. The success of this initiative relies on coordinated efforts from government, industry associations, and SMEs themselves. Keywords: Nigerian SMEs, Competitiveness, Quality control, Economic Development.

International Journal of Management & Entrepreneurship ResearchVol. 6(9)
Zenith University College (GH)
Openalex Percentile: Top 5%
Leadership, Human Resources, Global Affairs
4.46
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