The Effect of Managerial Skills on the Growth of Small and Medium Enterprises in Masvingo City, Zimbabwe

This manuscript examines the impact of managerial skills on the growth of Small and Medium Enterprises (SMEs) in Masvingo City, Zimbabwe. The research highlights the critical role that effective management plays in fostering business development and econom-ic growth. Through quantitative analysis, the study assesses various managerial competencies, including leadership, communication, in-terpersonal relations, decision-making, and delegation, and their in-fluence on the performance of SMEs. the main aim was to investi-gate the relationship between the managerial skills of business owners or managers and the performance or growth of these SMEs. The main study finding is that leadership effectiveness is closely tied to a leader's proficiency across all these areas, and that mastery of these competencies leads to better team dynamics, more thoughtful deci-sion-making, and ultimately, higher organizational performance. The main recommendation is to develop and integrate strong communication, interpersonal, and decision-making skills to enhance leader-ship effectiveness and foster better team dynamics. The study concludes that the ability to balance and strengthen analytical skills, de-cision-making, delegation, communication, interpersonal relations, and leadership is essential for effective leadership and organizational success.

Authors

Publication Details

Journal
International Journal of Applied Research in Business and Management
Published
2024-11-22
DOI
https://doi.org/10.51137/wrp.ijarbm.2024.pjtt.45616
Citations
1
Primary Topic
Entrepreneurship Studies and Influences
Type
article
Field-Weighted Citation Impact
0.73
Controls
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article

The Effect of Managerial Skills on the Growth of Small and Medium Enterprises in Masvingo City, Zimbabwe

Solly Matshonisa Seeletse, Watson Ladzani, Pamire Jongwe
1 citations
International Journal of Applied Research in Business and Management
Entrepreneurship Studies and Influences
0.73
article

The Effect of Managerial Skills on the Growth of Small and Medium Enterprises in Masvingo City, Zimbabwe

Solly Matshonisa Seeletse, Watson Ladzani, Pamire Jongwe
article en
1 citations

Abstract

This manuscript examines the impact of managerial skills on the growth of Small and Medium Enterprises (SMEs) in Masvingo City, Zimbabwe. The research highlights the critical role that effective management plays in fostering business development and econom-ic growth. Through quantitative analysis, the study assesses various managerial competencies, including leadership, communication, in-terpersonal relations, decision-making, and delegation, and their in-fluence on the performance of SMEs. the main aim was to investi-gate the relationship between the managerial skills of business owners or managers and the performance or growth of these SMEs. The main study finding is that leadership effectiveness is closely tied to a leader's proficiency across all these areas, and that mastery of these competencies leads to better team dynamics, more thoughtful deci-sion-making, and ultimately, higher organizational performance. The main recommendation is to develop and integrate strong communication, interpersonal, and decision-making skills to enhance leader-ship effectiveness and foster better team dynamics. The study concludes that the ability to balance and strengthen analytical skills, de-cision-making, delegation, communication, interpersonal relations, and leadership is essential for effective leadership and organizational success.

International Journal of Applied Research in Business and ManagementVol. 5(2)
Openalex Percentile: Top 21%
Entrepreneurship Studies and Influences
0.73
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