How to get MSME to leave the nest and grow their business. : By investigating managerial skills as a course of action in the Tanzanian business environment.

University essay from Linköpings universitet/Företagsekonomi; Linköpings universitet/Filosofiska fakulteten

Abstract: To achieve poverty alleviation as stated by the UN’s global goals and agenda 2030 more research in the field is needed. The MSME segment has a vital role to play for economic growth in developing countries. However, no clear growth has been seen for these enterprises even though much aid has been given. Efforts to create a business training system has been made but will play a bigger role in the future.  Thru a comparative cross-sectional study it is showcased what skills are connected to enterprise growth. This study aims to help explain what managerial skills should be further investigated when it comes to investing time and resources in business training systems. By interviewing the MSME managers on site and discussing the matter with CEO’s of business training organizations unique data was collected. With the help of NVivo software data is processed and categorized. Final correlations to growth by examining the differences between growing and non-growing managers skills in different fields.  Similarities in skills prioritized between managers in growing and non-growing was detected. Findings suggest that business plan and accounting skills are more present in growing enterprises. Ultimately the differences were not enough to demonstrate managerial skill as a strong contributor to enterprise growth.

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