MANAGERIAL COMPETENCIES REQUIRED OF SMALL AND MEDIUM ENTERPRISE (SME) OWNERS FOR SUSTAINABLE DEVELOPMENT OF BUSINESS ENTERPRISES IN ANAMBRA STATE

Prof. A. N. Umezuluike, Chibuike Cletus-Okafor

Abstract


This paper examined  the concepts  of Small and Medium Enterprises  (SMEs),  managerial competencies, sustainable development, importance of SMEs to the society, SME and sustainable development. The result of the study identified the following as managerial competencies every SME owner must possess to boost sustainable development of business enterprises in Anambra State to include: leadership, innovation, networking, goal setting and time management competencies. It was recommended among others that Anambra State government, individuals and NGOs should on regular basis organize public enlighten programmes to encourage SME owners to keep abreast of modern methods of production and wealth creation for sustainable development of the state economy


Keywords


Managerial Competencies, Sustainable Development, SMEs, Business Enterprise

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