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The Role of Managerial Skills in the Sustainable Development of SMEs in Mehedinti County, Romania

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  • Luminita Popescu

    (Department of Management, Marketing and Business Administration, University of Craiova, Al. I. Cuza, No. 13, 200585 Craiova, Romania)

  • Anica Iancu

    (Department of Management, Marketing and Business Administration, University of Craiova, Al. I. Cuza, No. 13, 200585 Craiova, Romania)

  • Marioara Avram

    (Department of Economics, Accounting and International Business, University of Craiova, Al. I. Cuza, No. 13, 200585 Craiova, Romania)

  • Daniel Avram

    (Department of Economics, Accounting and International Business, University of Craiova, Al. I. Cuza, No. 13, 200585 Craiova, Romania)

  • Virgil Popescu

    (Department of Statistics and Economic Informatics, University of Craiova, Al. I. Cuza, No. 13, 200585 Craiova, Romania)

Abstract

The ever-changing external environment and the challenges and signals transmitted by the European Single Market have greatly contributed to the dynamism of SMEs in Europe. From the privileged place held by the entrepreneur in SMEs, the present study aims to investigate the role of managerial skills in the sustainable development of small and medium enterprises, focused on self-awareness, emotional intelligence, and interpersonal skills of entrepreneurs. The investigation method consisted of the distribution of anonymous questionnaires to a representative sample of entrepreneurs, in the Mehedinți County, Romania. The collected data were centralized, processed, and assessed. The results of this analysis revealed, besides the emotional intelligence and interpersonal skills which have reached a suitable level, a low level of self-awareness. Therefore, this has been considered as a potential barrier towards sustainable development of SMEs in the analyzed region. However, the high level of emotional intelligence, accompanied by an increasing trend of interpersonal skills as the manager’s experience in working with people increases, is a strong argument for the sustainable development of SMEs. The study comes to support the public policies concerning small and medium-sized entities by using a model of managerial skills testing for applicants. In this way, an increase of the transparency of financing decision and the effectiveness of financial support are ensured.

Suggested Citation

  • Luminita Popescu & Anica Iancu & Marioara Avram & Daniel Avram & Virgil Popescu, 2020. "The Role of Managerial Skills in the Sustainable Development of SMEs in Mehedinti County, Romania," Sustainability, MDPI, vol. 12(3), pages 1-16, February.
    • Handle: RePEc:gam:jsusta:v:12:y:2020:i:3:p:1119-:d:316391
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    Cited by:

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    3. Rabab Triki & Mohamed Hédi Maâloul & Younès Bahou & Mohamed Kadria, 2023. "The Impact of Digitization to Ensure Competitiveness of the Ha’il Region to Achieve Sustainable Development Goals," Sustainability, MDPI, vol. 15(2), pages 1-13, January.
    4. Hernita Hernita & Batara Surya & Iwan Perwira & Herminawaty Abubakar & Muhammad Idris, 2021. "Economic Business Sustainability and Strengthening Human Resource Capacity Based on Increasing the Productivity of Small and Medium Enterprises (SMEs) in Makassar City, Indonesia," Sustainability, MDPI, vol. 13(6), pages 1-36, March.
    5. Ángel Acevedo-Duque & Tohtli Prado-Sabido & Elizabeth Emperatriz García-Salirrosas & Mirtha Mercedes Fernández Mantilla & Velia Graciela Vera Calmet & Nicolás Valle Palomino & Haydee Mercedes Aguilar , 2022. "Postgraduate Trends in the Training of Human Talent for Sustainable Development," Sustainability, MDPI, vol. 14(21), pages 1-18, November.

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