Transformational leadership using IT to increase the success rate of SMEs in Malaysia
Document Type
Article
Publication Date
1-1-2022
Abstract
There is constantly a need to improve the success rate of SMEs in Malaysia. In this time of Covid 19, the whole world is working remotely. It’s inevitable of using IT to support, lead, and coach the team from remote locations. This study uses Literature survey to understand the existing transformational leadership (TL) behaviors that could be used by SMEs with the help of IT tools. In Malaysia even there is a huge gap between the SMEs and the success rate, its stated that we have an estimate of 60 failure of SMEs. With this Covid19 situation the SMEs are struggling to survive the lockdowns and managing projects remotely. There are proof that almost any SMEs in Malaysia are not able to withstand the first 5 years of start-up. Therefore, there is a voracious need to improve and Increase the success rate of a Small Medium Enterprise (SME). There is a need to Increase the success rate of a Small Medium Entrepreneur (SME) by integrating Leadership and IT tools as a support system. In this study, the link between the transformational leadership attributes and the IT tools that can be used to evaluate the leadership behaviours are mapped out. By using this IT tools, the leader would be able to enhance their personal attributes by reaching out to the wider team. © 2022, The Author(s), under exclusive license to Springer Nature Switzerland AG.
Keywords
ICT, IT Tools, Leadership behaviours, SME, SME success, Transformational leadership
Divisions
universiti
Publication Title
Lecture Notes in Networks and Systems
Volume
299
Publisher
Springer Science and Business Media Deutschland GmbH