Comparative analysis of managerial pratices in small medium enterprises in Malaysia

The purpose of this paper is to examine the existing practice in managerial strategic and tools being used and problems faced by local small medium enterprises (SMEs) in the manufacturing sector. With today’s arduous competition, it requires the SMEs to tune its current business practice to cope...

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Main Authors: Abdul Hamid, Abu Bakar, Baharun, Rohaizat, Hashim, Noor Hazarina
Format: Article
Language:English
Published: Fakulti Pengurusan dan Pembangunan Sumber Manusia 2006
Subjects:
Online Access:http://eprints.utm.my/1292/
http://eprints.utm.my/1292/1/AbuBakarAbdulHamid2006_ComparativeAnalysisofManagerialPracticesInSmall.pdf
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author Abdul Hamid, Abu Bakar
Baharun, Rohaizat
Hashim, Noor Hazarina
author_facet Abdul Hamid, Abu Bakar
Baharun, Rohaizat
Hashim, Noor Hazarina
author_sort Abdul Hamid, Abu Bakar
building UTeM Institutional Repository
collection Online Access
description The purpose of this paper is to examine the existing practice in managerial strategic and tools being used and problems faced by local small medium enterprises (SMEs) in the manufacturing sector. With today’s arduous competition, it requires the SMEs to tune its current business practice to cope with the rapid changes in the business environment. Due to the rapid changes, SMEs’ managers need to equip themselves with new knowledge and ideas to promote effective managerial practices. In other word, SMEs must have better trained managers, knowledgeable in managerial activities. Focus should be on the knowledge on financial management, human resource management and marketing management techniques. The research method was adopted from the combination of quantitative and qualitative approaches. Since there is no detailed and up-to-date databases about SMEs in the Malaysian industry, the sampling plan was designed by using judgment and snowball sampling. A total of 102 responses were obtained from the owner-managers drawn from Johor Bahru city area. The most important findings of the study on managerial practices are that the SMEs appear to have a very limited knowledge of the overall spectrum of managerial practices.
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spelling utm-12922017-08-22T06:58:10Z http://eprints.utm.my/1292/ Comparative analysis of managerial pratices in small medium enterprises in Malaysia Abdul Hamid, Abu Bakar Baharun, Rohaizat Hashim, Noor Hazarina H Social Sciences (General) The purpose of this paper is to examine the existing practice in managerial strategic and tools being used and problems faced by local small medium enterprises (SMEs) in the manufacturing sector. With today’s arduous competition, it requires the SMEs to tune its current business practice to cope with the rapid changes in the business environment. Due to the rapid changes, SMEs’ managers need to equip themselves with new knowledge and ideas to promote effective managerial practices. In other word, SMEs must have better trained managers, knowledgeable in managerial activities. Focus should be on the knowledge on financial management, human resource management and marketing management techniques. The research method was adopted from the combination of quantitative and qualitative approaches. Since there is no detailed and up-to-date databases about SMEs in the Malaysian industry, the sampling plan was designed by using judgment and snowball sampling. A total of 102 responses were obtained from the owner-managers drawn from Johor Bahru city area. The most important findings of the study on managerial practices are that the SMEs appear to have a very limited knowledge of the overall spectrum of managerial practices. Fakulti Pengurusan dan Pembangunan Sumber Manusia 2006-12 Article PeerReviewed application/pdf en http://eprints.utm.my/1292/1/AbuBakarAbdulHamid2006_ComparativeAnalysisofManagerialPracticesInSmall.pdf Abdul Hamid, Abu Bakar and Baharun, Rohaizat and Hashim, Noor Hazarina (2006) Comparative analysis of managerial pratices in small medium enterprises in Malaysia. Jurnal kemanusiaan (8). pp. 34-45. ISSN 1675-1930 http://www.fppsm.utm.my/download/cat_view/13-jurnal-kemanusiaan/23-bil-08-dis-2006.html
spellingShingle H Social Sciences (General)
Abdul Hamid, Abu Bakar
Baharun, Rohaizat
Hashim, Noor Hazarina
Comparative analysis of managerial pratices in small medium enterprises in Malaysia
title Comparative analysis of managerial pratices in small medium enterprises in Malaysia
title_full Comparative analysis of managerial pratices in small medium enterprises in Malaysia
title_fullStr Comparative analysis of managerial pratices in small medium enterprises in Malaysia
title_full_unstemmed Comparative analysis of managerial pratices in small medium enterprises in Malaysia
title_short Comparative analysis of managerial pratices in small medium enterprises in Malaysia
title_sort comparative analysis of managerial pratices in small medium enterprises in malaysia
topic H Social Sciences (General)
url http://eprints.utm.my/1292/
http://eprints.utm.my/1292/
http://eprints.utm.my/1292/1/AbuBakarAbdulHamid2006_ComparativeAnalysisofManagerialPracticesInSmall.pdf