iv. SMEs should give attention to precepts of thebalanced scorecard before selecting and implementing their growth strategy.
The zeal to grow SMEs in Nigeria has grown and the drive is on course. The various provisions and policy directives, have not considered the strategic management as being capable of driving sustainability and profitability in SMEs partly due to lack of empirically proven evidence. This study has therefore, makes such proof available for policy makers to recognize the role of strategic management in SMEs growth in any society. Also, the study has contributed to the stock of empirical literature on particularly strategic management and by extension SMEs management.