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| Leadership Practices and Growth of Small and Medium Enterprises (SMEs) in Uganda, a Case of Masaka Municipal Market
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Twesigye Nduhura, Muhammad Masembe Teddy Akakikunda Ritah Nansamba
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Abstract:
The study assessed the relationship between leadership and growth of SMEs in Uganda using the case of Masaka Municipal Market (MMM).It sought to establish the leadership forms that were employed by leaders in SMEs in the market, determine the growth trends in these SMEs, and examine how the two variables interacted. The study employed both a descriptive and a correlational research design. Both quantitative and qualitative approaches were used to collect data. A total of 405 respondents participated in the study and included leaders and top management of 123 SMEs in Masaka municipal market. The study findings revealed that there is a positive relationship between directive, coaching and supportive leadership styles, and growth of SMEs. It was also revealed that delegating leadership had a negative relationship with growth of SMEs. It was concluded that a mix of directive, coaching and supportive leadership led to better growth results in SMEs. Delegating leadership limits growth in SMEs. It was recommended that leadership training for leaders in SMEs was important to develop a mix of leadership skills and competencies. Employee skills development is also necessary to enable them react better to different forms of leadership.
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