The issue of entrepreneurship is one that is often discussed widely by many business scholars as it is considered as a key economical development factor especially in Africa.Dr. Mulengani Katwalo, Director of the Institute of Strategy and Competitiveness and Academic Director of the Advanced Management Program and the Owner Manager Program, a paper on Competence and Critical Success Factor Development as an Avenue for Achieving Sustainable Micro and Small Enterprises in Africa with the North American Business Press. The North American Business Press is an institution that publishes books and journals on contemporary research or new approaches to business processes leading to better performance.
Dr. Katwalos paper explores the case for defining the critical success factors (CSFs) that are necessary for the growth of the micro and small enterprises in East Africa. The paper reviews some literature on identification and development of competencies and CSFs. The paper uses two case studies to argue that CSFs should be framed more explicitly within the micro small enterprise (MSE) planning process. The paper highlights some of the CSFs that appear to hold the key to successful growth and development of MSEs using two cases from Kenya. The paper concludes by showing the need for further research to more clearly identify and define the CSFs which MSEs in the region need to fully articulate and manage in order to succeed and grow.
Click here to have a read of Dr. Katwalos paper