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What Is Leadership?

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Leadership is the process of inspiring and influencing followers or other people to understand and agree about what needs to be done and how to do it. It is the process of facilitating individual and collective efforts to accomplish shared objectives (Yukl, 2013). In recent years, the study of leadership has drawn more attention due to its role in the failure or success of an organization. In order to run the organizations effectively and efficiently, the most important and valued factor organizations need is leaders. The success of an organization depends on the hardworking, devoted and concerned leader and followers competences. Leadership is required in every organization at every level, the success or failure of an organization depends …show more content…

The catalytic roles of micro and small scale enterprises have been displayed in many countries of the world such as Malaysia, Japan, South Korea, USA, Zambia, and India among other countries. According to madenchian et al (2016) SMEs is also viewed as the engine of growth and catalysts for economic and social transformation in a country. Micro and small enterprises (MSEs) have been recognized as a major source of employment and income in many countries of the Third World. Detailed surveys in a number of countries suggest that as many as a quarter of all people of working age are engaged in MSE activities. There is reason to believe that the share of the total population engaged in such activities is growing over time. The contribution of small enterprises to the creation of new jobs has been a controversial issue around the world. Even in the United States, some have argued that eight out of every 10 new jobs in recent years have come from small …show more content…

Especially in Sub-Saharan Africa has experiences MSEs high growth during the last decade. During this period, growth has been stronger in Sub-Saharan Africa than in the OECD-area. While GDP climbed 10 and 20 percent in the Euro-area and the US respectively, GDP nearly doubled in Sub-Saharan Africa. But it is Apart from a few countries like Kenya and South Africa also SMEs faced many problems in Sub-Saharan Africa like, lack of access to proper financial mechanisms and to stable supply of electricity are the main obstacles for business development in the region. In addition to business startup, not well integrated with international financial markets. (ILC 104th 2015) report IV in international labor office, Geneva. those all problem lie to effective

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