An analysis of the relationship between operational risk management and knowledge management in improving small and medium enterprises (SMEs) performance in Nigeria

Linus Uche Emeanulu , Christian Harrison, Mary Fletcher

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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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 languageEnglish
Title of host publicationBAM2019 Conference Proceedings
PublisherBritish Academy of Management
ISBN (Print)9780995641327
Publication statusPublished - 5 Sep 2019
Event2019 British Academy of Management Conference: Building and Sustaining High Performance Organisations During Uncertain Times - Aston University, Birmingham, United Kingdom
Duration: 3 Sep 20195 Sep 2019
https://www.bam.ac.uk/civicrm/event/info?id=3502

Conference

Conference2019 British Academy of Management Conference
Abbreviated titleBAM 2019
CountryUnited Kingdom
CityBirmingham
Period3/09/195/09/19
Internet address

Fingerprint

Knowledge management
Enterprise performance
Risk management
Operational risk
Small and medium-sized enterprises
Nigeria
Factors
Access to finance
Structured interview
Expertise
Interest rates
Management capability
An enterprise
Economic growth

Keywords

  • Small and medium enterprises
  • Operational risk
  • Knowledge management
  • Risk management

Cite this

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title = "An analysis of the relationship between operational risk management and knowledge management in improving small and medium enterprises (SMEs) performance in Nigeria",
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.",
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Emeanulu , LU, Harrison, C & Fletcher, M 2019, An analysis of the relationship between operational risk management and knowledge management in improving small and medium enterprises (SMEs) performance in Nigeria. in BAM2019 Conference Proceedings., 450, British Academy of Management, 2019 British Academy of Management Conference, Birmingham, United Kingdom, 3/09/19.

An analysis of the relationship between operational risk management and knowledge management in improving small and medium enterprises (SMEs) performance in Nigeria. / Emeanulu , Linus Uche ; Harrison, Christian; Fletcher, Mary.

BAM2019 Conference Proceedings. British Academy of Management, 2019. 450.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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AB - 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.

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