The Paper then proceeded to illustrate with examples, research into various
aspects of SME management – characteristics of SMEs and their managers and
staff, growth and development of SMEs, management practices and techniques
adopted to develop enterprise success, SME policy and management style and
enterprise success.
Achievements as at 2008 do not suggest that SCU can be complacent, rather it is
more important to identify gaps in SME activities which still remain to be examined
through doctoral research. These include performance of various groups of SMEs
– it is a fallacy to assume that “SMEs” represent one group of enterprises – rather
within definitions adopted by most Asian countries, there are many sub groups
that have yet to be examined at this level of research. In addition, little to date has
been achieved in examining different performance levels or different
characteristics of SMEs in different industry groups – service, retail,
manufacturing, agriculture as well as sub-sections of each of these fields.
By definition, SMEs are defined as those managed by individuals who do not have
expertise in all areas of management and who therefore rely on advice externally
by way of consultants or professionals or government personnel dedicated to this
activity. Little research has been undertaken in terms of the success of such
advice, the format of the advice and the outcome of advice. While there have
been some doctoral dissertations or theses looking at the impact of education and
training on small enterprise performance, the outcomes are not finalized and more
research needs to be undertaken in terms of type of education and training, quality
of education and training and the best mix of education and training to ensure
enterprise success
The Paper then proceeded to illustrate with examples, research into variousaspects of SME management – characteristics of SMEs and their managers andstaff, growth and development of SMEs, management practices and techniquesadopted to develop enterprise success, SME policy and management style andenterprise success.Achievements as at 2008 do not suggest that SCU can be complacent, rather it ismore important to identify gaps in SME activities which still remain to be examinedthrough doctoral research. These include performance of various groups of SMEs– it is a fallacy to assume that “SMEs” represent one group of enterprises – ratherwithin definitions adopted by most Asian countries, there are many sub groupsthat have yet to be examined at this level of research. In addition, little to date hasbeen achieved in examining different performance levels or differentcharacteristics of SMEs in different industry groups – service, retail,manufacturing, agriculture as well as sub-sections of each of these fields.By definition, SMEs are defined as those managed by individuals who do not haveexpertise in all areas of management and who therefore rely on advice externallyby way of consultants or professionals or government personnel dedicated to thisactivity. Little research has been undertaken in terms of the success of suchadvice, the format of the advice and the outcome of advice. While there havebeen some doctoral dissertations or theses looking at the impact of education andtraining on small enterprise performance, the outcomes are not finalized and moreresearch needs to be undertaken in terms of type of education and training, qualityof education and training and the best mix of education and training to ensureenterprise success
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