Abstract
This study examines operational risk management (ORM) and knowledge management (KM) in developing Nigerian SMEs. Risk management has been identified as one of the main tools that can be used to attain the basic needs of an enterprise. However, risk management is difficult to implement in the SME sector. Lack of managerial, leadership skills, infrastructure, technical expertise and financial ability are factors affecting its implementation (Jayathilake, 2012). In addition, poor access to finance, high interest rate, and inability to identify business opportunities are also confirmed as factors affecting SME performance. It is argued that appropriately used knowledge management capabilities can mitigate the operational risk of SMEs. This research therefore investigates the knowledge management and operational risk management of Nigerian SMEs using semi-structured interviews. This will identify approaches and ways in which Nigerian SMEs can improve and contribute to the economic growth of the country.
Original language | English |
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Title of host publication | BAM2019 Conference Proceedings |
Publisher | British Academy of Management |
ISBN (Print) | 9780995641327 |
Publication status | Published - 5 Sept 2019 |
Event | 2019 British Academy of Management Conference: Building and Sustaining High Performance Organisations During Uncertain Times - Aston University, Birmingham, United Kingdom Duration: 3 Sept 2019 → 5 Sept 2019 https://www.bam.ac.uk/civicrm/event/info?id=3502 |
Conference
Conference | 2019 British Academy of Management Conference |
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Abbreviated title | BAM 2019 |
Country/Territory | United Kingdom |
City | Birmingham |
Period | 3/09/19 → 5/09/19 |
Internet address |
Keywords
- Small and medium enterprises
- Operational risk
- Knowledge management
- Risk management