This paper is part of the International Journal of Applied Research in Business and Management (ISSN: 2700-8983), Volume 5, Issue 2, published in 2024.
Authors
Pamire Jongwe, Mmboswobeni Watson Ladzani, Solly Matshonisa Seeletse
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.
Suggested Citation (APA 7th)
Jongwe, P., Ladzani, M., Seeletse, S. (2024). The Effect of Managerial Skills on the Growth of Small and Medium Enterprises in Masvingo City, Zimbabwe. International Journal of Applied Research in Business and Management, 5(2). https://doi.org/10.51137/wrp.ijarbm.2024.pjtt.45616
