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1703399 Vol 5 · Issue 10 Download Paper

Career Management and Performance of Small and Medium Enterprises.

Dr. Salau Adeyemi Nurudeen

Subject area: Management and Commerce  ·  Area of research: Human Resources

Abstract

Career management is the process by which individuals collect information about values, interests, skill strengths and weaknesses, identify a career goal, and engage in career strategies that increase the probability that career goals to be achieved. Good organisations see career management as a goal to provide their employees superior opportunities to grow and develop as professionals. This study therefore examined the effect of career management on SMEs performance. One hundred and eighty-five questionnaires were completed and returned. The principal tools for analysis of data are carried out with the help of regression analysis. The results reveal that that career management variables (experience and personal growth) had positive influence on SMEs performance by indication, it enhances SMEs performance. Also, the joint predictors of career management variables had positive influence on SMEs performance which indicated that they jointly contributed to the increase in SMEs performance. In the light of the above conclusions, the study recommended that SME owners should come up with strategies that will enhances experience and guarantee personal growth, this will give employee the necessary confidence in the firm's career growth and development, which can result in reduction of turnover rate, improved customer service and ultimately generates higher profits for the company.

Keywords

Career Management, SMEs Performance, Experience, Personal Growth, Development and Growth.

References

[1] Ikechukwu, D and Paschal Adighije, J.N, (2017). Effects of Career Growth on Employees Performance: A Study of Non-Academic Staff of Michael Okpara University of Agriculture Umudike Abia State, Nigeria. Singaporean Journal of Business Economics, And Management Studies (SJBem) VOL. 5, NO. 7, 2017.

[2] Lyria, K. R. Namusonge, G. S, and Karanja, K. (2012). Effect of Career Management to The Organizational Performance in Companies Listed in Nairobi Security Exchange in Kenya. International Journal of Science and Research 3(7), 345-368.

[3] Patrick, H. A, and Amit-Kumar, A. (2011). Career Management, Employee Development and Performance in Indian Information Technology Organizations. Business Management Dynamics, 1(5), 24-31.

[4] Ochonma, O.G, Nwodoh, C.O, Ani, G.J, Dyages, E.O and Ingwu, J.A, (2018). Assessing the Impact of Years of Work Experience on Managers’ Job Performance: Hospital Managers’ Perspectives in A Developing Country. International Journal of Advanced Academic Research | Sciences, Technology & Engineering | ISSN: 2488-9849 Vol. 4, Issue 4 (April 2018).

[5] Putri, I.A.J, (2020). Effect of Work Experience and Characteristics of Jobs on Employee Work Achievement in Shipping Company. Social Sciences and Education Research Review (7) 1 285 - 302 (2020). ISSN 2393–1264 ISSN–L 2392–9863.

[6] Salau, N. A. (2022a). Succession Planning as a Panacea to SMEs, becoming a Generational Enterprise in Nigeria: The Moderating Role of Organizational Culture. Iconic Research and Engineering journals, 5(8), 2022.

[7] Salau, N.A. (2022b). Appraisal of The Effect of Strategic Management on The Performance of Small and Medium Scale Enterprise in Nigeria. A Case Study f Selected SMEs In Lagos State. IRE Journal, 5(8), February 2002.

[8] Salau, N.A, (2022c). Effect of Succession Planning on SMEs Performance in Lagos State, Nigeria. Unpublished Ph.D Thesis submitted to the dept. of Management and accounting, Ladoke Akintola University, Ogbomosho, Oyo State.

How to cite this paper

Dr. Salau Adeyemi Nurudeen "Career Management and Performance of Small and Medium Enterprises." Iconic Research And Engineering Journals Volume 5 Issue 10 2022 Page 256-263
Dr. Salau Adeyemi Nurudeen "Career Management and Performance of Small and Medium Enterprises." Iconic Research And Engineering Journals, vol. 5, no. 10, Apr. 2022
Dr. Salau Adeyemi Nurudeen (2022). Career Management and Performance of Small and Medium Enterprises.. Iconic Research And Engineering Journals, 5(10).
Dr. Salau Adeyemi Nurudeen "Career Management and Performance of Small and Medium Enterprises." Iconic Research And Engineering Journals, vol. 5, no. 10, Apr. 2022.
@article{1703399,
      author = {Dr. Salau Adeyemi Nurudeen},
      title = {Career Management and Performance of Small and Medium Enterprises.},
      journal = {Iconic Research And Engineering Journals},
      year = {2022},
      volume = {5},
      number = {10},
      pages = {256-263},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1703399.pdf},
      abstract = {Career management is the process by which individuals collect information about values, interests, skill strengths and weaknesses, identify a career goal, and engage in career strategies that increase the probability that career goals to be achieved. Good organisations see career management as a goal to provide their employees superior opportunities to grow and develop as professionals. This study therefore examined the effect of career management on SMEs performance. One hundred and eighty-five questionnaires were completed and returned. The principal tools for analysis of data are carried out with the help of regression analysis. The results reveal that that career management variables (experience and personal growth) had positive influence on SMEs performance by indication, it enhances SMEs performance. Also, the joint predictors of career management variables had positive influence on SMEs performance which indicated that they jointly contributed to the increase in SMEs performance. In the light of the above conclusions, the study recommended that SME owners should come up with strategies that will enhances experience and guarantee personal growth, this will give employee the necessary confidence in the firm's career growth and development, which can result in reduction of turnover rate, improved customer service and ultimately generates higher profits for the company.},
      keywords = {Career Management, SMEs Performance, Experience, Personal Growth, Development and Growth.},
      month = {April},
  }