Abstract
The human resources are the most important resources an organization can boast of in the 21st century, since it ensures the efficient and effective utilization of other types of resources, hence their continuous development. One of the ways of developing human resources is through entrepreneurial mentoring. Mentoring is among the few tools needed for preparing tomorrows’ skilled employees and is also used to strengthen organizational capabilities, intelligence, build organization knowledge, and sustain the organization competitive advantage. The dynamic career environment heightens the need for entrepreneurs engaging other people in their career and personal development. This study examined the effect of entrepreneurial mentoring on performance of SMEs in Kwara State. Data for the study were obtained from primary sources with the aid of a structured questionnaire. The research design adopted was a descriptive survey design which was also cross sectional in nature. Data collected were analyzed and hypotheses were tested using Analysis of Variance (ANOVA) at 5% level of significance. Findings revealed that psychosocial mentoring support, career mentoring support and role modelling mentoring support all had significant relationship with SMEs performance as all their respective p values were less than 0.05 alpha values. Effective and efficient mentorship programs tend to raise entrepreneurial outcomes among upcoming entrepreneurs operating SMEs. Based on the findings of this study, the study concludes that there is significant relationship between psychosocial mentoring support and SMEs performance; there is also significant relationship between career mentoring support and SMEs performance, there is significant relationship between role modeling mentoring support and SMEs performance. The study recommends that SMEs owners must be steadfast in fostering an entrepreneurial mentoring culture within the organisation. Also, SMEs owners must be steadfast in continuously providing sponsorship, coaching, exposure, visibility, protection and providing challenging assignments to employees. Also, succession planning must be continually improved and sustained. Keywords: Entrepreneurial Mentoring, Culture, Leadership, Performance, SMEs, Nigeria
Highlights
Social entrepreneurship uses market-based methods and techniques for solving society's and/or community's problems
It shows that social entrepreneurship and quality of life are two related concepts as the first one has a positive impact on the second one through various actions, such as ensuring the primary material conditions, creating jobs for disadvantaged people, increasing the level of education, improving the health system, environmental protection, etc
The population of the study comprises 103(One hundred and three) Small and Medium Scale Enterprise (SMEs). This figure coincided with the statistics of SMEs that have been registered with the National Association of Small and Medium Enterprises (NASMEs) in Kwara Central Senatorial district comprising Ilorin West, Ilorin East, Ilorin South and Asa Local Government Areas and had been active since the past five years (2015-2019)
Summary
Social entrepreneurship uses market-based methods and techniques for solving society's and/or community's problems. It represents a key driver for improving the quality of life of people and communities, considering the economic and social accelerated changes and the survival of companies in a turbulent and competitive global environment. The paper contributes to a better understanding of the two concepts: social entrepreneurship and quality of life It shows that social entrepreneurship and quality of life are two related concepts as the first one has a positive impact on the second one through various actions, such as ensuring the primary material conditions, creating jobs for disadvantaged people, increasing the level of education, improving the health system, environmental protection, etc. ➢ examine the relationship between psychological mentoring support and SMEs performance; ➢ investigate the relationship between career mentoring support and SMEs performance; ➢ determine the relationship between role modeling support and SMEs performance
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