Maximizing Small Businesses in Nigeria through the Application of Lean Principles

Ada Kalu Ajike, Ifeyinwa Justina Ejike and Ngozi Comfort Chukwujama
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Ada Kalu Ajike: Department of Business Administration, Management, Faculty of Management Sciences, Nnamdi Azikiwe University Awka, Anambra State, Nigeria
Ifeyinwa Justina Ejike: Department of Management, Faculty of Business Administration, University of Nigeria, Enugu Campus, Nigeria
Ngozi Comfort Chukwujama: Department of Management, Faculty of Business Administration, University of Nigeria, Enugu Campus, Nigeria

International Journal of Research and Innovation in Social Science, 2021, vol. 05, issue 12, 941-950

Abstract: This study was on Maximizing Small Businesses in Nigeria through the application of Lean Principles with special reference to small sized printing press in Enugu State. The study took a critical look at growth trend among small businesses in terms of their survival strategy, potentials and contributions to industrial development against the backdrop of government intervention programs on small and medium enterprises. The study explored the impact of lean principles in terms of value addition and continuous improvement of work process for the elimination of operational wastes in other to achieve operational efficiency among small businesses in Nigeria. The study adopted a survey design using forty small sized printing businesses in Enugu State. Census sampling method was used. The hypotheses were tested using Pearson’s Moment Correlation Coefficient. The study concluded that wastes reduction principles embedded in lean management are necessary for the efficiency and sustainability of all businesses. The study then recommended that small businesses should apply more diligence in the allocation of operational activities to enhance improvement; that staff of small businesses should be given opportunity to contribute ideas in finding a solution when problems arise and create a platform for knowledge and skill sharing within the workplace.

Date: 2021
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