Assessment 3: Leadership and Management in Start-ups & SMEs

This report investigates the critical role of leadership and management in the success of start-ups, family businesses, and SMEs. It addresses the problem of business failures due to inadequate leadership and management practices in a competitive market. The report provides a theoretical foundation based on the views of Addae-Boateng and Dzisi (2016), emphasizing the importance of effective leadership and management styles. It outlines the research methodology, including quantitative and qualitative approaches, and presents key findings highlighting the need for appropriate knowledge and understanding of leadership and management. The study also acknowledges limitations, such as resource constraints, and suggests future research directions, like using primary data collection. The report concludes by emphasizing the significance of leadership and management for achieving positive outcomes in the marketplace, supported by references to relevant literature.

Assessment 3

 Introduction
 Problem of the study
 Theoretical basis
 Logical reasoning
 Research methodology
 Findings of the study
 Limitations and future research direction
 Opinion about the study
 References
Table of content

Leadership and management plays very essential role in the
development and growth of a business entity. With the help of
adopting effective leadership and management styles, small
business as well as start-up business can easily perform their
business function in an effective manner. The present research
topic is leadership and management of Start-ups, family
business and SMEs.
Introduction

In the present competitive market, it has been identified that large number of start-up business are
introduced from which most of the business entity face failure and negative result at the marketplace. This
is due to inappropriate knowledge about leadership and management styles which leads towards decline
of business entity at the market.
Problem of the study

According to the view point of Addae-Boateng and Dzisi, 2016 it has been said that leadership as well as
management plays very essential role in the growth and development of a business entity. In reference to
start-up business, family business and SMEs, it is very necessary for the owner of business entity to
implement effective and best leadership and management style so that positive environment can be
developed within the workplace.
Theoretical basis

Examining the view point of different authors and researcher, it has been said that leadership and
management are the two essential pillars of a business entity which plays very effective role in the growth
of a start-up business and SMEs.
Logical reasoning

In order to conduct a research in an effective and appropriate manner, it has been analysed that there are
various tools and techniques which assist them in gathering all the data in an effective manner. Some
of these tool and techniques are as follows:
 Quantitative approach
 Qualitative approach
Research methodology

After conducting the whole research in a systematic manner, it has been said that for getting success at
competitive marketplace, it is necessary for small scale business and start-ups to adopt and implement
effective leadership and management. It has also been identified after conducting the research that for a
business entity it is very necessary to have appropriate knowledge and understanding about the topic so
that they can gain positive outcome at the competitive marketplace.
Findings of the study

Funds, time and resources are the most crucial limitations of this research which have the capabilities to
influence the overall result of investigation in an adverse manner. If talking about future research
directions, it is said that investigators can adopt primary data collection method in near future for
conducting the research effectively. This will help them to gather more authentic and accurate information
about the topic which assist in concluding the research in an effective manner.
Limitations and future research direction

The present research is based on the topic leadership and management of Start-ups, family business and
SMEs, which is one of the most effective method for getting success at the competitive marketplace. It
has also been analysed that leadership as well as management both are the most effective approaches
which needs to be adopted by a business owner in an effective manner so that they will be able to get
positive outcome at the competitive marketplace.
Opinion about the study

 Addae-Boateng, S. and Dzisi, S.G., 2016. Innovation enhancement in family business SMEs in
Ghana. International Journal of Innovation Science.
 Ng, H.S. and Kee, D.M.H., 2018. The core competence of successful owner-managed
SMEs. Management Decision.
 Wright, M., Roper, S., Hart, M. and Carter, S., 2015. Joining the dots: Building the evidence base for
SME growth policy. International Small Business Journal, 33(1), pp.3-11.
 Pounder, P., 2015. Family business insights: an overview of the literature. Journal of Family Business
Management.
References

Thank you