Key Success Factors for Malaysian SMES Companies’ Entrepreneurial Leader

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Malaysian SMES Companies’ Entrepreneurial Leader</title> <meta name="description" content="Key Success Factors for Malaysian SMES Companies’ Entrepreneurial Leader"> <meta name="keywords" content="characteristics of entrepreneurs, success of a company, key success factors, Malaysian SMEs"> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1, user-scalable=no"> <meta charset="utf-8"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" href="https://waset.org"> <img 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publication-listing mt-3 mb-3"> <h5 class="card-header" style="font-size:.9rem">Key Success Factors for Malaysian SMES Companies’ Entrepreneurial Leader</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Zainal%20Abu%20Zarim">Zainal Abu Zarim</a>, <a href="https://publications.waset.org/abstracts/search?q=Hafizah%20Omar%20Zaki"> Hafizah Omar Zaki </a> </p> <p class="card-text"><strong>Abstract:</strong></p> The objective of this study is to analyse the success factors of entrepreneurs in the Malaysian SMEs in the urge to discover their entrepreneurial leadership characteristics. Data has been collected from top 50 SME award winning companies. The study has used the qualitative approach to data collection, where interviews are dispersed on these selected companies. From these 50 SMEs, only 25 accepted the interview request where one entrepreneur from each SME answered the questions. To successfully run this study, we administered some questions based on Hornaday 42 characteristics of an entrepreneurs, as well some structured questions to determine a successful of a company. The result shows that, entrepreneurs are confident, determine, diligent, flexible, responsive to challenges, responsible, foresight, courageous, aggressive, and committed. Consistent to this, several elements that makes the company successful includes (1) strong financial control, (2) continuous improvement, (3) product quality and product safety as top priority, (4) hard work and team work, and (5) eagerness in taking challenges. These results has deemed that entrepreneurs in many aspects are also leaders that are risk averse and determine, and are eager to work on continuous improvement in a financially strong company. <iframe src="https://publications.waset.org/abstracts/19012.pdf" style="width:100%; height:400px;" frameborder="0"></iframe> <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=characteristics%20of%20entrepreneurs" title="characteristics of entrepreneurs">characteristics of entrepreneurs</a>, <a href="https://publications.waset.org/abstracts/search?q=success%20of%20a%20company" title=" success of a company"> success of a company</a>, <a href="https://publications.waset.org/abstracts/search?q=key%20success%20factors" title=" key success factors"> key success factors</a>, <a href="https://publications.waset.org/abstracts/search?q=Malaysian%20SMEs" title=" Malaysian SMEs"> Malaysian SMEs</a> </p> <a href="https://publications.waset.org/abstracts/19012/key-success-factors-for-malaysian-smes-companies-entrepreneurial-leader" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/19012.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">590</span> </span> </div> </div> </div> </main> <footer> <div id="infolinks" class="pt-3 pb-2"> <div class="container"> <div style="background-color:#f5f5f5;" class="p-3"> <div class="row"> <div class="col-md-2"> <ul class="list-unstyled"> About <li><a href="https://waset.org/page/support">About Us</a></li> <li><a href="https://waset.org/page/support#legal-information">Legal</a></li> <li><a target="_blank" rel="nofollow" href="https://publications.waset.org/static/files/WASET-16th-foundational-anniversary.pdf">WASET celebrates its 16th foundational anniversary</a></li> </ul> </div> <div 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Key Success Factors for Malaysian SMES Companies’ Entrepreneurial Leader